Remitly Global (RELY) Interest Expenses (2020 - 2026)
Remitly Global (RELY) reported Interest Expenses of $2.4 million for Q1 2026, up 87.61% year-over-year from $1.3 million in Q1 2025, and down 4.32% quarter-over-quarter from $2.5 million in Q4 2025.
Remitly Global (RELY) Interest Expenses (2020 - 2026) Analysis & Trends
Remitly Global (RELY) has 7 years of Interest Expenses data on file, last reported at $2.4 million in Q1 2026.
- Interest Expenses for Q1 2026 came in at $2.4 million, up 87.61% year-over-year; the trailing twelve-month figure through Mar 2026 was $8.8 million (up 132.03% YoY), and the FY2025 annual result was $7.6 million, up 134.87% from the prior year.
- Interest Expenses retreated to $2.4 million in Q1 2026 per RELY's latest filing, from $2.5 million in the prior quarter.
- Over five years, Interest Expenses peaked at $2.5 million in Q4 2025 and troughed at $313000.0 in Q1 2022.
- A 5-year average of $996705.9 and a median of $760000.0 in 2024 frame the typical range for Interest Expenses.
- The sharpest annual moves came in 2022 and 2025: Interest Expenses slumped 35.55% in 2022, then jumped 178.42% in 2025.
- A 5-year view of Interest Expenses shows it stood at $327000.0 in 2022, then surged by 140.37% to $786000.0 in 2023, then rose by 23.03% to $967000.0 in 2024, then surged by 163.39% to $2.5 million in 2025, then retreated by 4.32% to $2.4 million in 2026.
- Business Quant data shows RELY's Interest Expenses at $2.4 million in Q1 2026, $2.5 million in Q4 2025, and $2.1 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,998.30 Bn | 2,920.03 Bn | 56.06 Bn | 778.00 Mn |
| 2 | Alarum Technologies | 1,040.72 Bn | 1,026.57 Bn | 7.23 Mn | - |
| 3 | Oracle | 590.32 Bn | 551.74 Bn | 15.14 Bn | 1.18 Bn |
| 4 | Palantir Technologies | 316.31 Bn | 308.39 Bn | 1.42 Bn | - |
| 5 | Palo Alto Networks | 181.17 Bn | 176.63 Bn | 1.91 Bn | - |
| 6 | CrowdStrike Holdings | 161.69 Bn | 158.63 Bn | 993.68 Mn | 7.55 Mn |
| 7 | Fortinet | 102.35 Bn | 99.06 Bn | 1.49 Bn | 4.20 Mn |
| 8 | Synopsys | 88.25 Bn | 88.13 Bn | 1.77 Bn | 162.72 Mn |
| 9 | Cloudflare | 83.26 Bn | 82.32 Bn | 455.60 Mn | 2.56 Mn |
| 10 | Remitly Global | 3.88 Bn | 3.23 Bn | 425.99 Mn | 2.44 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 2.44 Mn |
| Mar 31, 2026 | 2.44 Mn |
| Dec 31, 2025 | 2.55 Mn |
| Dec 31, 2025 | 2.55 Mn |
| Sep 30, 2025 | 2.12 Mn |
| Sep 30, 2025 | 2.12 Mn |
| Jun 30, 2025 | 1.65 Mn |
| Jun 30, 2025 | 1.65 Mn |
| Mar 31, 2025 | 1.30 Mn |
| Mar 31, 2025 | 1.30 Mn |
| Dec 31, 2024 | 967,000.00 |
| Dec 31, 2024 | 967,000.00 |
| Sep 30, 2024 | 760,000.00 |
| Sep 30, 2024 | 760,000.00 |
| Jun 30, 2024 | 745,000.00 |
| Jun 30, 2024 | 745,000.00 |
| Mar 31, 2024 | 769,000.00 |
| Mar 31, 2024 | 769,000.00 |
| Dec 31, 2023 | 786,000.00 |
| Dec 31, 2023 | 786,000.00 |