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| 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 |