Remitly Global (RELY) Operating Expenses (2020 - 2026)
Remitly Global (RELY) posted quarterly 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 reported Operating Expenses for 7 consecutive years, with $399.1 million the latest figure, recorded in 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 slipped to $399.1 million in Q1 2026 per RELY's latest filing, from $403.4 million in the prior quarter.
- Across five years, Operating Expenses topped out at $407.7 million in Q3 2025 and bottomed at $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.
- Annual changes were most pronounced in 2022 — Operating Expenses surged 74.02% — and 2025, when it increased 13.42%.
- Remitly Global's Operating Expenses stood at $213.9 million in 2022, then surged by 38.27% to $295.8 million in 2023, then advanced by 20.24% to $355.6 million in 2024, then climbed by 13.42% to $403.4 million in 2025, then decreased 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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,576.39 Bn | 3,443.64 Bn | 60.48 Bn | 12.28 Bn |
| 2 | Palantir Technologies | 412.58 Bn | 403.17 Bn | 1.64 Bn | 726.59 Mn |
| 3 | Oracle | 407.66 Bn | 375.77 Bn | - | 13.05 Bn |
| 4 | Palo Alto Networks | 299.27 Bn | 296.16 Bn | 2.03 Bn | 2.21 Bn |
| 5 | Fortinet | 115.83 Bn | 111.76 Bn | 1.64 Bn | 953.90 Mn |
| 6 | Cloudflare | 106.65 Bn | 102.48 Bn | 499.52 Mn | 705.21 Mn |
| 7 | Synopsys | 76.61 Bn | 74.41 Bn | 1.77 Bn | 1.57 Bn |
| 8 | CoreWeave | 51.53 Bn | 45.99 Bn | 1.70 Bn | 2.62 Bn |
| 9 | Block | 47.55 Bn | 41.12 Bn | 3.17 Bn | 2.72 Bn |
| 10 | Remitly Global | 5.36 Bn | 4.68 Bn | 333.98 Mn | 428.48 Mn |
Historic Data
Download 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 |