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
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