Remitly Global (RELY) Net Margin (2020 - 2026)
Remitly Global's (RELY) quarterly Net Margin came in at 41.58% in Q2 2026, up 4000.0% year-over-year from 1.01% in Q2 2025, and up 283.86% quarter-over-quarter from 10.83% in Q1 2026.
Analysis
Remitly Global (RELY) Net Margin (2020 - 2026) Analysis & Trends
Remitly Global (RELY) has reported Net Margin for 7 consecutive years, with 41.58% the latest figure, recorded in Q2 2026.
- On a quarterly basis, Net Margin rose 4000.0% year-over-year to 41.58% in Q2 2026; TTM through Jun 2026 was 16.85%, a 1589.0% increase from a year earlier, with the FY2025 full-year figure at 4.15%, up 708.0% from the prior year.
- Net Margin was 41.58% for Q2 2026 at Remitly Global, up from 10.83% in the prior quarter.
- Over five years, Net Margin peaked at 41.58% in Q2 2026 and troughed at 24.32% in Q2 2022.
- A 5-year average of 3.63% and a median of 5.89% in 2024 frame the typical range for Net Margin.
- Across the five-year window, Net Margin sank 2302 bps in 2022 and soared 4000 bps in 2026, its largest moves.
- Over 5 years, Net Margin stood at 10.15% in 2022, then tumbled by 30 bps to 13.23% in 2023, then soared by 88 bps to 1.63% in 2024, then soared by 673 bps to 9.32% in 2025, then surged by 346 bps to 41.58% in 2026.
- The last three Net Margin figures came in at 41.58% (Q2 2026), 10.83% (Q1 2026), and 9.32% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Wise | 12.70 Bn | 12.70 Bn | - | - |
| 2 | Remitly Global | 5.24 Bn | 4.56 Bn | 333.98 Mn | 41.58% |
| 3 | Western Union | 2.20 Bn | 1.28 Bn | 336.50 Mn | 7.57% |
| 4 | International Money Express | 433.73 Mn | 283.10 Mn | - | 3.21% |
| 5 | Currenc | 223.76 Mn | 145.13 Mn | 3.70 Mn | -140.59% |
| 6 | Sentage Holdings | 4.77 Mn | 4.77 Mn | - | - |
Historic Data
Download Data
Historic 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% |