Remitly Global (RELY) Interest Coverage Ratio (2020 - 2026)
Remitly Global (RELY) posted quarterly Interest Coverage Ratio of 22.05 for Q1 2026, up 134.16% YoY from 9.42 in Q1 2025, and up 44.7% sequentially from 15.24 in Q4 2025.
Remitly Global (RELY) Interest Coverage Ratio (2020 - 2026) Analysis & Trends
Remitly Global has disclosed Interest Coverage Ratio across 7 years of filings, most recently posting 22.05 for Q1 2026.
- In Q1 2026, Interest Coverage Ratio rose 134.16% year-over-year to 22.05; the TTM figure through Mar 2026 stood at 13.6 (up 843.11% YoY), while the FY2025 annual figure was 10.18, up 184.39% from the prior year.
- Interest Coverage Ratio climbed to 22.05 in Q1 2026, from 15.24 in the prior quarter.
- Over the last five years, Interest Coverage Ratio for RELY reached as high as 22.05 in Q1 2026 and fell as low as 118.61 in Q2 2022.
- The 5-year median for Interest Coverage Ratio is 25.95 (2024), against an average of 33.25.
- Annual changes were most pronounced in 2022 — Interest Coverage Ratio sank 1590.01% — and 2025, when it jumped 1049.44%.
- A 5-year view of Interest Coverage Ratio shows it stood at 69.93 in 2022, then jumped by 43.6% to 39.44 in 2023, then soared by 90.2% to 3.87 in 2024, then soared by 494.13% to 15.24 in 2025, then jumped by 44.7% to 22.05 in 2026.
- According to Business Quant data, Interest Coverage Ratio over the past three periods registered 22.05, 15.24, and 5.57 for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,853.66 Bn | 2,775.39 Bn | 56.06 Bn | 49.35 |
| 2 | Oracle | 408.21 Bn | 376.86 Bn | 17.12 Bn | 4.26 |
| 3 | Palantir Technologies | 300.98 Bn | 293.06 Bn | 1.42 Bn | - |
| 4 | Palo Alto Networks | 247.84 Bn | 243.30 Bn | 1.91 Bn | - |
| 5 | CrowdStrike Holdings | 193.63 Bn | 190.57 Bn | 993.68 Mn | 1.83 |
| 6 | Fortinet | 117.45 Bn | 114.16 Bn | 1.49 Bn | 138.10 |
| 7 | Cloudflare | 86.88 Bn | 85.93 Bn | 455.60 Mn | -24.19 |
| 8 | Synopsys | 86.18 Bn | 86.06 Bn | 1.77 Bn | 1.25 |
| 9 | Block | 46.10 Bn | 39.21 Bn | 2.91 Bn | - |
| 10 | Remitly Global | 4.84 Bn | 4.19 Bn | 425.99 Mn | 22.05 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 22.05 |
| Dec 31, 2025 | 15.24 |
| Sep 30, 2025 | 5.57 |
| Jun 30, 2025 | 8.87 |
| Mar 31, 2025 | 9.42 |
| Dec 31, 2024 | -3.87 |
| Sep 30, 2024 | 0.48 |
| Jun 30, 2024 | -21.16 |
| Mar 31, 2024 | -25.95 |
| Dec 31, 2023 | -39.44 |
| Sep 30, 2023 | -63.08 |
| Jun 30, 2023 | -30.78 |
| Mar 31, 2023 | -72.15 |
| Dec 31, 2022 | -69.93 |
| Sep 30, 2022 | -107.93 |
| Jun 30, 2022 | -118.61 |
| Mar 31, 2022 | -74.04 |
| Dec 31, 2021 | -79.51 |
| Sep 30, 2021 | -24.74 |
| Jun 30, 2021 | -7.02 |