Remitly Global (RELY) Operating Expenses (2020 - 2026)
Remitly Global (RELY) posted quarterly Operating Expenses of $399.1 million for Q1 2026, up 14.22% YoY from $349.4 million in Q1 2025, and down 1.07% sequentially from $403.4 million in Q4 2025.
Remitly Global (RELY) Operating Expenses (2020 - 2026) Analysis & Trends
Remitly Global has disclosed Operating Expenses across 7 years of filings, most recently posting $399.1 million for Q1 2026.
- In Q1 2026, Operating Expenses rose 14.22% year-over-year to $399.1 million; the TTM figure through Mar 2026 stood at $1.6 billion (up 17.9% YoY), while the FY2025 annual figure was $1.6 billion, up 19.54% from the prior year.
- Operating Expenses retreated to $399.1 million in Q1 2026, 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.
- The 5-year median for Operating Expenses is $295.8 million (2023), against an average of $299.6 million.
- Annual changes were most pronounced in 2022 — Operating Expenses surged 74.02% — and 2025, when it increased 13.42%.
- 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.
- According to Business Quant data, Operating Expenses over the past three periods registered $399.1 million, $403.4 million, and $407.7 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,853.66 Bn | 2,775.39 Bn | 56.06 Bn | 10.85 Bn |
| 2 | Oracle | 408.21 Bn | 376.86 Bn | 17.12 Bn | 13.05 Bn |
| 3 | Palantir Technologies | 300.98 Bn | 293.06 Bn | 1.42 Bn | 662.79 Mn |
| 4 | Palo Alto Networks | 247.84 Bn | 243.30 Bn | 1.91 Bn | 1.51 Bn |
| 5 | CrowdStrike Holdings | 193.63 Bn | 190.57 Bn | 993.68 Mn | 979.89 Mn |
| 6 | Fortinet | 117.45 Bn | 114.16 Bn | 1.49 Bn | 905.10 Mn |
| 7 | Cloudflare | 86.88 Bn | 85.93 Bn | 455.60 Mn | 517.59 Mn |
| 8 | Synopsys | 86.18 Bn | 86.06 Bn | 1.77 Bn | 1.57 Bn |
| 9 | Block | 46.10 Bn | 39.21 Bn | 2.91 Bn | 3.08 Bn |
| 10 | Remitly Global | 4.84 Bn | 4.19 Bn | 425.99 Mn | 399.06 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |