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

Remitly Global's (RELY) quarterly Operating Expenses came in at $399.1 million in Q1 2026, up 14.22% year-on-year from $349.4 million in Q1 2025, and down 1.07% on a QoQ basis 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.

  • On a quarterly basis, Operating Expenses rose 14.22% year-over-year to $399.1 million in Q1 2026; TTM through Mar 2026 was $1.6 billion, a 17.9% increase from a year earlier, with the FY2025 full-year figure at $1.6 billion, up 19.54% from the prior year.
  • Operating Expenses for Q1 2026 stood at $399.1 million, down from $403.4 million in the prior quarter.
  • Over the last five years, Operating Expenses for RELY reached as high as $407.7 million in Q3 2025 and fell as low as $159.2 million in Q1 2022.
  • Historically, Operating Expenses has averaged $299.6 million across 5 years, with a median of $295.8 million in 2023.
  • Across the five-year window, Operating Expenses soared 74.02% in 2022 and climbed 13.42% in 2025, its largest moves.
  • Year by year, Operating Expenses stood at $213.9 million in 2022, then jumped by 38.27% to $295.8 million in 2023, then grew by 20.24% to $355.6 million in 2024, then increased by 13.42% to $403.4 million in 2025, then dropped by 1.07% to $399.1 million in 2026.
  • Per Business Quant data, the three most recent Operating Expenses figures were $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 2,921.46 Bn 2,797.02 Bn 56.06 Bn 8.75 Bn
2 PagSeguro Digital 2,686.70 Bn 2,686.70 Bn 358.92 Mn -363.49 Mn
3 Oracle 344.13 Bn 312.24 Bn - 13.05 Bn
4 Repay Holdings 342.29 Bn 342.15 Bn - -
5 Palantir Technologies 294.57 Bn 286.54 Bn 1.42 Bn 662.79 Mn
6 Palo Alto Networks 224.46 Bn 219.93 Bn 1.91 Bn 1.51 Bn
7 CrowdStrike Holdings 182.52 Bn 179.42 Bn 993.68 Mn 979.89 Mn
8 Fortinet 111.29 Bn 107.99 Bn 1.49 Bn 905.10 Mn
9 Cloudflare 93.63 Bn 92.68 Bn 455.60 Mn 517.59 Mn
10 Remitly Global 4.89 Bn 4.24 Bn 307.86 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