Remitly Global (RELY) Net Margin (2020 - 2026)
Remitly Global (RELY) posted Net Margin of 41.58% for Q2 2026, up 40.00 percentage points from 1.59% a year earlier and up 30.75 percentage points from the prior quarter.
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Analysis
Remitly Global (RELY) Net Margin (2020 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Net Margin at Remitly Global was 16.85%, up 15.89 percentage points year-over-year; for FY2025, it was 4.15%, up 7.08 percentage points from FY2024.
- Annual Net Margin has increased for three consecutive years, with a five-year change of +16.83 percentage points (FY2020 to FY2025).
- In prior years, Remitly Global's Net Margin was -2.93% in FY2024 (+9.55 pp), -12.48% in FY2023 (+4.97 pp), -17.45% in FY2022 (-8.99 pp) and -8.45% in FY2021 (+4.22 pp).
- The Q2 2026 figure stands as the highest quarterly Net Margin in data going back to Q3 2020.
- On a year-over-year basis, Net Margin has increased in each of the last ten quarters, with an average year-over-year change of +12.95 percentage points over the last eight quarters.
- The strongest year-over-year quarter for Net Margin in the past five years was Q2 2026, with a gain of 40.00 percentage points; the weakest was Q2 2022, with a drop of 23.02 percentage points.
- According to Business Quant data, Net Margin for the three prior quarters was 10.83% (Q1 2026), 9.32% (Q4 2025) and 2.10% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Visa | 655.82 Bn | 599.14 Bn | - | 48.38% |
| 2 | Mastercard | 494.77 Bn | 454.69 Bn | - | 47.30% |
| 3 | Wise | 14.20 Bn | -73.58 Bn | - | - |
| 4 | Remitly Global | 4.63 Bn | 2.29 Bn | 307.34 Mn | 41.58% |
| 5 | Western Union | 1.91 Bn | -2.10 Bn | 336.50 Mn | 7.57% |
| 6 | International Money Express | 351.86 Mn | -268.28 Mn | - | 3.21% |
| 7 | Currenc | 191.18 Mn | -35.74 Mn | 3.70 Mn | -138.05% |
| 8 | Sentage Holdings | 4.83 Mn | 4.83 Mn | - | - |
| 9 | American Express | 206.73 Bn | -1.45 Bn | - | 15.84% |
| 10 | Capital One Financial | 120.55 Bn | 120.55 Bn | - | 18.52% |
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% |
API Access
Remitly Global Net Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=net-margin&ticker=RELY&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "ticker": "RELY", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=net-margin&ticker=RELY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();