Remitly Global (RELY) Operating Margin (2020 - 2026)
Remitly Global's (RELY) quarterly Operating Margin came in at 13.47% in Q2 2026, up 991.0% year-over-year from 1.23% in Q2 2025, and up 13.47% quarter-over-quarter from 11.87% in Q1 2026.
Analysis
Remitly Global (RELY) Operating Margin (2020 - 2026) Analysis & Trends
Remitly Global (RELY) has reported Operating Margin for 7 consecutive years, with 13.47% the latest figure, recorded in Q2 2026.
- On a quarterly basis, Operating Margin rose 991.0% year-over-year to 13.47% in Q2 2026; TTM through Jun 2026 was 9.45%, a 784.0% increase from a year earlier, with the FY2025 full-year figure at 4.74%, up 783.0% from the prior year.
- Operating Margin was 13.47% for Q2 2026 at Remitly Global, up from 11.87% in the prior quarter.
- Over five years, Operating Margin peaked at 13.47% in Q2 2026 and troughed at 25.04% in Q2 2022.
- A 5-year average of 5.18% and a median of 6.28% in 2024 frame the typical range for Operating Margin.
- Across the five-year window, Operating Margin slumped 2329 bps in 2022 and jumped 1725 bps in 2023, its largest moves.
- Over 5 years, Operating Margin stood at 11.97% in 2022, then advanced by 2 bps to 11.71% in 2023, then surged by 91 bps to 1.06% in 2024, then surged by 926 bps to 8.78% in 2025, then jumped by 53 bps to 13.47% in 2026.
- The last three Operating Margin figures came in at 13.47% (Q2 2026), 11.87% (Q1 2026), and 8.78% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Wise | 12.70 Bn | 12.70 Bn | - | - |
| 2 | Remitly Global | 5.24 Bn | 4.56 Bn | 333.98 Mn | 13.47% |
| 3 | Western Union | 2.20 Bn | 1.28 Bn | 336.50 Mn | 13.04% |
| 4 | International Money Express | 433.73 Mn | 283.10 Mn | - | 6.67% |
| 5 | Currenc | 223.76 Mn | 145.13 Mn | 3.70 Mn | -46.55% |
| 6 | Sentage Holdings | 4.77 Mn | 4.77 Mn | - | - |
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% |