Remitly Global (RELY) Operating Margin (2020 - 2026)
Remitly Global (RELY) posted Operating Margin of 13.47% for Q2 2026, up 9.91 percentage points from 3.56% a year earlier and up 1.60 percentage points from the prior quarter.
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Analysis
Remitly Global (RELY) Operating Margin (2020 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Operating Margin at Remitly Global was 9.45%, up 7.84 percentage points year-over-year; for FY2025, it came in at 4.74%, up 7.83 percentage points from FY2024.
- Annual Operating Margin has increased for three consecutive years, with a five-year change of +16.09 percentage points (FY2020 to FY2025).
- In prior years, Remitly Global's Operating Margin was -3.09% in FY2024 (+9.00 pp), -12.09% in FY2023 (+6.43 pp), -18.52% in FY2022 (-9.86 pp) and -8.66% in FY2021 (+2.70 pp).
- The Q2 2026 figure stands as the highest quarterly Operating Margin in data going back to Q3 2020.
- On a year-over-year basis, Operating Margin has increased in each of the last 15 quarters, with an average year-over-year change of +9.56 percentage points over the last eight quarters.
- The strongest year-over-year quarter for Operating Margin in the past five years was Q2 2023, with a gain of 17.25 percentage points; the weakest was Q2 2022, with a drop of 23.29 percentage points.
- According to Business Quant data, Operating Margin for the three prior quarters was 11.87% (Q1 2026), 8.78% (Q4 2025) and 2.81% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Visa | 655.82 Bn | 599.14 Bn | - | 59.12% |
| 2 | Mastercard | 494.77 Bn | 454.69 Bn | - | 60.22% |
| 3 | Wise | 14.20 Bn | -73.58 Bn | - | - |
| 4 | Remitly Global | 4.63 Bn | 2.29 Bn | 307.34 Mn | 13.47% |
| 5 | Western Union | 1.91 Bn | -2.10 Bn | 336.50 Mn | 13.04% |
| 6 | International Money Express | 351.86 Mn | -268.28 Mn | - | 6.67% |
| 7 | Currenc | 191.18 Mn | -35.74 Mn | 3.70 Mn | -46.55% |
| 8 | Sentage Holdings | 4.83 Mn | 4.83 Mn | - | - |
| 9 | American Express | 206.73 Bn | -1.45 Bn | - | - |
| 10 | Capital One Financial | 120.55 Bn | 120.55 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 13.47% |
| Mar 31, 2026 | 11.87% |
| Dec 31, 2025 | 8.78% |
| Sep 30, 2025 | 2.81% |
| Jun 30, 2025 | 3.56% |
| Mar 31, 2025 | 3.38% |
| Dec 31, 2024 | -1.06% |
| Sep 30, 2024 | 0.11% |
| Jun 30, 2024 | -5.14% |
| Mar 31, 2024 | -7.41% |
| Dec 31, 2023 | -11.71% |
| Sep 30, 2023 | -15.27% |
| Jun 30, 2023 | -7.79% |
| Mar 31, 2023 | -13.77% |
| Dec 31, 2022 | -11.97% |
| Sep 30, 2022 | -21.04% |
| Jun 30, 2022 | -25.04% |
| Mar 31, 2022 | -17.04% |
| Dec 31, 2021 | -12.23% |
| Sep 30, 2021 | -10.45% |
API Access
Remitly Global Operating Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-margin&ticker=RELY&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-margin", "ticker": "RELY", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-margin&ticker=RELY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();