Remitly Global (RELY) Net Margin (2020 - 2026)

Remitly Global's (RELY) quarterly Net Margin came in at 10.83% in Q1 2026, up 769.0% year-on-year from 1.25% in Q1 2025, and up 16.22% on a QoQ basis from 9.32% in Q4 2025.

Remitly Global (RELY) Net Margin (2020 - 2026) Analysis & Trends

Remitly Global (RELY) has 7 years of Net Margin data on file, last reported at 10.83% in Q1 2026.

  • On a quarterly basis, Net Margin rose 769.0% year-over-year to 10.83% in Q1 2026; TTM through Mar 2026 was 6.12%, a 645.0% increase from a year earlier, with the FY2025 full-year figure at 4.15%, up 708.0% from the prior year.
  • Net Margin for Q1 2026 stood at 10.83%, up from 9.32% in the prior quarter.
  • Over the last five years, Net Margin for RELY reached as high as 10.83% in Q1 2026 and fell as low as 24.32% in Q2 2022.
  • Historically, Net Margin has averaged 6.29% across 5 years, with a median of 7.83% in 2024.
  • Across the five-year window, Net Margin slumped 2302 bps in 2022 and surged 1627 bps in 2023, its largest moves.
  • Year by year, Net Margin stood at 10.15% in 2022, then tumbled by 30 bps to 13.23% in 2023, then jumped by 88 bps to 1.63% in 2024, then jumped by 673 bps to 9.32% in 2025, then grew by 16 bps to 10.83% in 2026.
  • Per Business Quant data, the three most recent Net Margin figures were 10.83% in Q1 2026, 9.32% in Q4 2025, and 2.1% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 Microsoft 2,895.32 Bn 2,770.88 Bn 56.06 Bn 38.34%
2 PagSeguro Digital 2,672.75 Bn 2,672.75 Bn 358.92 Mn 13.90%
3 Repay Holdings 344.36 Bn 344.21 Bn - -
4 Oracle 339.20 Bn 307.30 Bn - 30.88%
5 Palantir Technologies 296.91 Bn 288.89 Bn 1.42 Bn 53.68%
6 Palo Alto Networks 225.55 Bn 221.01 Bn 1.91 Bn 16.65%
7 CrowdStrike Holdings 185.68 Bn 182.58 Bn 993.68 Mn 4.71%
8 Fortinet 109.83 Bn 106.54 Bn 1.49 Bn 28.90%
9 Cloudflare 95.19 Bn 94.25 Bn 455.60 Mn -3.58%
10 Remitly Global 4.91 Bn 4.26 Bn 307.86 Mn 10.83%

Historic Data

Download Data
DateValue
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%
Jun 30, 2021 -1.30%