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| 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 |