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

Remitly Global (RELY) reported Operating Expenses of $399.1 million for Q1 2026, up 14.22% year-over-year from $349.4 million in Q1 2025, and down 1.07% quarter-over-quarter from $403.4 million in Q4 2025.

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

Remitly Global (RELY) has 7 years of Operating Expenses data on file, last reported at $399.1 million in Q1 2026.

  • Operating Expenses for Q1 2026 came in at $399.1 million, up 14.22% year-over-year; the trailing twelve-month figure through Mar 2026 was $1.6 billion (up 17.9% YoY), and the FY2025 annual result was $1.6 billion, up 19.54% from the prior year.
  • Operating Expenses declined to $399.1 million in Q1 2026 per RELY's latest filing, from $403.4 million in the prior quarter.
  • Over five years, Operating Expenses peaked at $407.7 million in Q3 2025 and troughed at $159.2 million in Q1 2022.
  • A 5-year average of $299.6 million and a median of $295.8 million in 2023 frame the typical range for Operating Expenses.
  • The sharpest annual moves came in 2022 and 2025: Operating Expenses surged 74.02% in 2022, then increased 13.42% in 2025.
  • A 5-year view of Operating Expenses shows it stood at $213.9 million in 2022, then jumped by 38.27% to $295.8 million in 2023, then gained by 20.24% to $355.6 million in 2024, then advanced by 13.42% to $403.4 million in 2025, then retreated by 1.07% to $399.1 million in 2026.
  • Business Quant data shows RELY's Operating Expenses at $399.1 million in Q1 2026, $403.4 million in Q4 2025, and $407.7 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Microsoft 2,998.30 Bn 2,920.03 Bn 56.06 Bn 10.85 Bn
2 Alarum Technologies 1,040.72 Bn 1,026.57 Bn 7.23 Mn 6.42 Mn
3 Oracle 590.32 Bn 551.74 Bn 15.14 Bn 11.73 Bn
4 Palantir Technologies 316.31 Bn 308.39 Bn 1.42 Bn 662.79 Mn
5 Palo Alto Networks 181.17 Bn 176.63 Bn 1.91 Bn 1.51 Bn
6 CrowdStrike Holdings 161.69 Bn 158.63 Bn 993.68 Mn 979.89 Mn
7 Fortinet 102.35 Bn 99.06 Bn 1.49 Bn 905.10 Mn
8 Synopsys 88.25 Bn 88.13 Bn 1.77 Bn 1.57 Bn
9 Cloudflare 83.26 Bn 82.32 Bn 455.60 Mn 517.59 Mn
10 Remitly Global 3.88 Bn 3.23 Bn 425.99 Mn 399.06 Mn

Historic Data

Download Data
DateValue
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
Jun 30, 2021 112.99 Mn