Remitly Global (RELY) Interest Expenses (2020 - 2026)
Remitly Global (RELY) posted quarterly Interest Expenses of $2.4 million for Q1 2026, up 87.61% YoY from $1.3 million in Q1 2025, and down 4.32% sequentially from $2.5 million in Q4 2025.
Remitly Global (RELY) Interest Expenses (2020 - 2026) Analysis & Trends
Remitly Global has disclosed Interest Expenses across 7 years of filings, most recently posting $2.4 million for Q1 2026.
- In Q1 2026, Interest Expenses rose 87.61% year-over-year to $2.4 million; the TTM figure through Mar 2026 stood at $8.8 million (up 132.03% YoY), while the FY2025 annual figure was $7.6 million, up 134.87% from the prior year.
- Interest Expenses eased to $2.4 million in Q1 2026, from $2.5 million in the prior quarter.
- Over the last five years, Interest Expenses for RELY reached as high as $2.5 million in Q4 2025 and fell as low as $313000.0 in Q1 2022.
- The 5-year median for Interest Expenses is $760000.0 (2024), against an average of $996705.9.
- Annual changes were most pronounced in 2022 — Interest Expenses plunged 35.55% — and 2025, when it jumped 178.42%.
- 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.
- According to Business Quant data, Interest Expenses over the past three periods registered $2.4 million, $2.5 million, and $2.1 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Int Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,853.66 Bn | 2,775.39 Bn | 56.06 Bn | 778.00 Mn |
| 2 | Oracle | 408.21 Bn | 376.86 Bn | 17.12 Bn | 1.44 Bn |
| 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 | 7.55 Mn |
| 6 | Fortinet | 117.45 Bn | 114.16 Bn | 1.49 Bn | 4.20 Mn |
| 7 | Cloudflare | 86.88 Bn | 85.93 Bn | 455.60 Mn | 2.56 Mn |
| 8 | Synopsys | 86.18 Bn | 86.06 Bn | 1.77 Bn | 162.72 Mn |
| 9 | Block | 46.10 Bn | 39.21 Bn | 2.91 Bn | - |
| 10 | Remitly Global | 4.84 Bn | 4.19 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 |