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| Date | Value |
|---|---|
| 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 |