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
DateValue
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