Remitly Global (RELY) Interest Expenses (2020 - 2026)

Remitly Global's (RELY) quarterly Interest Expenses came in at $43.7 million in Q1 2026, up 3267.9% year-on-year from $1.3 million in Q1 2025, and up 1617.67% on a QoQ basis 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 $43.7 million in Q1 2026.

  • On a quarterly basis, Interest Expenses rose 3267.9% year-over-year to $43.7 million in Q1 2026; TTM through Mar 2026 was $43.7 million, a 961.1% increase from a year earlier, with the FY2025 full-year figure at $36.6 million, down 81.67% from the prior year.
  • Interest Expenses for Q1 2026 stood at $43.7 million, up from $2.5 million in the prior quarter.
  • Over the last five years, Interest Expenses for RELY reached as high as $238.3 million in Q3 2023 and fell as low as $745000.0 in Q2 2024.
  • Historically, Interest Expenses has averaged $59.4 million across 5 years, with a median of $3.1 million in 2025.
  • Across the five-year window, Interest Expenses surged 51471.43% in 2022 and slumped 99.68% in 2024, its largest moves.
  • Year by year, Interest Expenses stood at $3.8 million in 2022, then slumped by 79.22% to $786000.0 in 2023, then soared by 67.81% to $1.3 million in 2024, then jumped by 93.1% to $2.5 million in 2025, then jumped by 1617.67% to $43.7 million in 2026.
  • Per Business Quant data, the three most recent Interest Expenses figures were $43.7 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 2,921.46 Bn 2,797.02 Bn 56.06 Bn 84.60 Bn
2 PagSeguro Digital 2,686.70 Bn 2,686.70 Bn 358.92 Mn -254.63 Mn
3 Oracle 344.13 Bn 312.24 Bn - 2.86 Bn
4 Repay Holdings 342.29 Bn 342.15 Bn - -7.47 Mn
5 Palantir Technologies 294.57 Bn 286.54 Bn 1.42 Bn 20.56 Bn
6 Palo Alto Networks 224.46 Bn 219.93 Bn 1.91 Bn 156.00 Mn
7 CrowdStrike Holdings 182.52 Bn 179.42 Bn 993.68 Mn 10.02 Mn
8 Fortinet 111.29 Bn 107.99 Bn 1.49 Bn 4.20 Mn
9 Cloudflare 93.63 Bn 92.68 Bn 455.60 Mn 35.73 Mn
10 Remitly Global 4.89 Bn 4.24 Bn 307.86 Mn 43.75 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 43.75 Mn
Mar 31, 2026 43.75 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 3.10 Mn
Jun 30, 2025 3.10 Mn
Mar 31, 2025 1.30 Mn
Mar 31, 2025 1.30 Mn
Dec 31, 2024 1.32 Mn
Dec 31, 2024 1.32 Mn
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