Remitly Global RELY
NASDAQ RELY
$21.47 -0.42 (-1.92%)
At close: Sep 29, 2026 · 4:00 PM EDT

Remitly Global (RELY) Operating Expenses (2020 - 2026)

Updated

Remitly Global (RELY) posted Operating Expenses of $428.48 million for Q2 2026, up 7.9% from $397.21 million a year earlier and up 7.4% from the prior quarter.

Analysis

Remitly Global (RELY) Operating Expenses (2020 - 2026) Analysis & Trends

For the trailing twelve months through Jun 30, 2026, Operating Expenses at Remitly Global was $1.64 billion, up 13.9% year-over-year; for FY2025, it was $1.56 billion, up 19.5% from FY2024.

  • Annual Operating Expenses has increased for six consecutive years, with a five-year compound annual growth rate of 40.3% (FY2020 to FY2025).
  • In prior years, Remitly Global's Operating Expenses was $1.3 billion in FY2024 (+23.1%), $1.06 billion in FY2023 (+36.6%), $774.6 million in FY2022 (+55.4%) and $498.33 million in FY2021 (+74.2%).
  • The Q2 2026 figure stands as the highest quarterly Operating Expenses in data going back to Q3 2020.
  • On a year-over-year basis, Operating Expenses has increased in each of the last 20 quarters, with growth averaging 17.7% over the last eight quarters.
  • The year-over-year growth in Operating Expenses has ranged between 7.9% (Q2 2026) and 82.1% (Q3 2021) over the last five years.
  • According to Business Quant data, Operating Expenses for the three prior quarters was $399.06 million (Q1 2026), $403.36 million (Q4 2025) and $407.72 million (Q3 2025).
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Visa 655.82 Bn 599.14 Bn - 4.76 Bn
2 Mastercard 494.77 Bn 454.69 Bn - 3.69 Bn
3 Wise 14.20 Bn -73.58 Bn - -
4 Remitly Global 4.63 Bn 2.29 Bn 307.34 Mn 428.48 Mn
5 Western Union 1.91 Bn -2.10 Bn 336.50 Mn 881.10 Mn
6 International Money Express 351.86 Mn -268.28 Mn - 122.41 Mn
7 Currenc 191.18 Mn -35.74 Mn 3.70 Mn -22.77 Mn
8 Sentage Holdings 4.83 Mn 4.83 Mn - -
9 American Express 206.73 Bn -1.45 Bn - 14.48 Bn
10 Capital One Financial 120.55 Bn 120.55 Bn - 9.04 Bn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 428.48 Mn
Mar 31, 2026 399.06 Mn
Dec 31, 2025 403.36 Mn
Sep 30, 2025 407.72 Mn
Jun 30, 2025 397.21 Mn
Mar 31, 2025 349.39 Mn
Dec 31, 2024 355.63 Mn
Sep 30, 2024 336.16 Mn
Jun 30, 2024 322.19 Mn
Mar 31, 2024 289.07 Mn
Dec 31, 2023 295.76 Mn
Sep 30, 2023 278.53 Mn
Jun 30, 2023 252.26 Mn
Mar 31, 2023 231.93 Mn
Dec 31, 2022 213.90 Mn
Sep 30, 2022 204.88 Mn
Jun 30, 2022 196.63 Mn
Mar 31, 2022 159.19 Mn
Dec 31, 2021 151.79 Mn
Sep 30, 2021 133.91 Mn
API Access

Remitly Global Operating Expenses 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=operating-expenses&ticker=RELY&period=max&api_key=YOUR_API_KEY