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