Remitly Global (RELY) Net Margin (2020 - 2026)
Remitly Global (RELY) posted quarterly Net Margin of 10.83% for Q1 2026, up 769.0% year-over-year from 1.25% in Q1 2025, and up 16.22% quarter-over-quarter from 9.32% in Q4 2025.
Remitly Global (RELY) Net Margin (2020 - 2026) Analysis & Trends
Remitly Global (RELY) has reported Net Margin for 7 consecutive years, with 10.83% the latest figure, recorded in Q1 2026.
- In Q1 2026, Net Margin rose 769.0% year-over-year to 10.83%; the TTM figure through Mar 2026 stood at 6.12% (up 645.0% YoY), while the FY2025 annual figure was 4.15%, up 708.0% from the prior year.
- Net Margin advanced to 10.83% in Q1 2026 per RELY's latest filing, from 9.32% in the prior quarter.
- Across five years, Net Margin topped out at 10.83% in Q1 2026 and bottomed at 24.32% in Q2 2022.
- Historically, Net Margin has averaged 6.29% across 5 years, with a median of 7.83% in 2024.
- Annual changes were most pronounced in 2022 — Net Margin plunged 2302 bps — and 2023, when it jumped 1627 bps.
- Remitly Global's Net Margin stood at 10.15% in 2022, then tumbled by 30 bps to 13.23% in 2023, then surged by 88 bps to 1.63% in 2024, then surged by 673 bps to 9.32% in 2025, then advanced by 16 bps to 10.83% in 2026.
- Business Quant data shows RELY's Net Margin at 10.83% in Q1 2026, 9.32% in Q4 2025, and 2.1% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,576.39 Bn | 3,443.64 Bn | 60.48 Bn | 36.78% |
| 2 | Palantir Technologies | 412.58 Bn | 403.17 Bn | 1.64 Bn | 55.08% |
| 3 | Oracle | 407.66 Bn | 375.77 Bn | - | 30.88% |
| 4 | Palo Alto Networks | 299.27 Bn | 296.16 Bn | 2.03 Bn | -5.90% |
| 5 | Fortinet | 115.83 Bn | 111.76 Bn | 1.64 Bn | 29.55% |
| 6 | Cloudflare | 106.65 Bn | 102.48 Bn | 499.52 Mn | -24.42% |
| 7 | Synopsys | 76.61 Bn | 74.41 Bn | 1.77 Bn | 2.69% |
| 8 | CoreWeave | 51.53 Bn | 45.99 Bn | 1.70 Bn | -24.31% |
| 9 | Block | 47.55 Bn | 41.12 Bn | 3.17 Bn | 1.32% |
| 10 | Remitly Global | 5.36 Bn | 4.68 Bn | 333.98 Mn | 41.58% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 41.58% |
| Mar 31, 2026 | 10.83% |
| Dec 31, 2025 | 9.32% |
| Sep 30, 2025 | 2.10% |
| Jun 30, 2025 | 1.59% |
| Mar 31, 2025 | 3.14% |
| Dec 31, 2024 | -1.63% |
| Sep 30, 2024 | 0.57% |
| Jun 30, 2024 | -3.95% |
| Mar 31, 2024 | -7.83% |
| Dec 31, 2023 | -13.23% |
| Sep 30, 2023 | -14.76% |
| Jun 30, 2023 | -8.05% |
| Mar 31, 2023 | -13.89% |
| Dec 31, 2022 | -10.15% |
| Sep 30, 2022 | -19.54% |
| Jun 30, 2022 | -24.32% |
| Mar 31, 2022 | -17.14% |
| Dec 31, 2021 | -12.26% |
| Sep 30, 2021 | -10.69% |