Remitly Global (RELY) Operating Expenses (2020 - 2026)
Remitly Global's (RELY) quarterly Operating Expenses came in at $428.5 million in Q2 2026, up 7.87% year-over-year from $397.2 million in Q2 2025, and up 7.37% quarter-over-quarter from $399.1 million in Q1 2026.
Analysis
Remitly Global (RELY) Operating Expenses (2020 - 2026) Analysis & Trends
Remitly Global (RELY) has reported Operating Expenses for 7 consecutive years, with $428.5 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Operating Expenses rose 7.87% year-over-year to $428.5 million in Q2 2026; TTM through Jun 2026 was $1.6 billion, a 13.92% increase from a year earlier, with the FY2025 full-year figure at $1.6 billion, up 19.54% from the prior year.
- Operating Expenses was $428.5 million for Q2 2026 at Remitly Global, up from $399.1 million in the prior quarter.
- Over five years, Operating Expenses peaked at $428.5 million in Q2 2026 and troughed at $159.2 million in Q1 2022.
- A 5-year average of $306.7 million and a median of $309.0 million in 2023 frame the typical range for Operating Expenses.
- Across the five-year window, Operating Expenses jumped 74.02% in 2022 and rose 7.87% in 2026, its largest moves.
- Over 5 years, Operating Expenses stood at $213.9 million in 2022, then soared by 38.27% to $295.8 million in 2023, then rose by 20.24% to $355.6 million in 2024, then gained by 13.42% to $403.4 million in 2025, then increased by 6.23% to $428.5 million in 2026.
- The last three Operating Expenses figures came in at $428.5 million (Q2 2026), $399.1 million (Q1 2026), and $403.4 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Wise | 12.70 Bn | 12.70 Bn | - | - |
| 2 | Remitly Global | 5.24 Bn | 4.56 Bn | 333.98 Mn | 428.48 Mn |
| 3 | Western Union | 2.20 Bn | 1.28 Bn | 336.50 Mn | 881.10 Mn |
| 4 | International Money Express | 433.73 Mn | 283.10 Mn | - | 122.41 Mn |
| 5 | Currenc | 223.76 Mn | 145.13 Mn | 3.70 Mn | -22.77 Mn |
| 6 | Sentage Holdings | 4.77 Mn | 4.77 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |