Remitly Global (RELY) Research & Development (2020 - 2026)
Remitly Global's (RELY) quarterly Research & Development came in at $79.6 million in Q1 2026, up 7.79% year-on-year from $73.9 million in Q1 2025, and down 3.09% on a QoQ basis from $82.1 million in Q4 2025.
Remitly Global (RELY) Research & Development (2020 - 2026) Analysis & Trends
Remitly Global (RELY) has 7 years of Research & Development data on file, last reported at $79.6 million in Q1 2026.
- On a quarterly basis, Research & Development rose 7.79% year-over-year to $79.6 million in Q1 2026; TTM through Mar 2026 was $319.7 million, a 13.98% increase from a year earlier, with the FY2025 full-year figure at $313.9 million, up 16.34% from the prior year.
- Research & Development for Q1 2026 stood at $79.6 million, down from $82.1 million in the prior quarter.
- Over the last five years, Research & Development for RELY reached as high as $82.1 million in Q4 2025 and fell as low as $23.6 million in Q1 2022.
- Historically, Research & Development has averaged $60.1 million across 5 years, with a median of $63.2 million in 2024.
- Across the five-year window, Research & Development surged 137.42% in 2022 and gained 7.79% in 2026, its largest moves.
- Year by year, Research & Development stood at $42.9 million in 2022, then jumped by 38.14% to $59.2 million in 2023, then advanced by 19.19% to $70.6 million in 2024, then grew by 16.33% to $82.1 million in 2025, then decreased by 3.09% to $79.6 million in 2026.
- Per Business Quant data, the three most recent Research & Development figures were $79.6 million in Q1 2026, $82.1 million in Q4 2025, and $80.4 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,921.46 Bn | 2,797.02 Bn | 56.06 Bn | 6.81 Bn |
| 2 | PagSeguro Digital | 2,686.70 Bn | 2,686.70 Bn | 358.92 Mn | - |
| 3 | Oracle | 344.13 Bn | 312.24 Bn | - | 4.01 Bn |
| 4 | Repay Holdings | 342.29 Bn | 342.15 Bn | - | - |
| 5 | Palantir Technologies | 294.57 Bn | 286.54 Bn | 1.42 Bn | 160.98 Mn |
| 6 | Palo Alto Networks | 224.46 Bn | 219.93 Bn | 1.91 Bn | 823.00 Mn |
| 7 | CrowdStrike Holdings | 182.52 Bn | 179.42 Bn | 993.68 Mn | 802.89 Mn |
| 8 | Fortinet | 111.29 Bn | 107.99 Bn | 1.49 Bn | 636.30 Mn |
| 9 | Cloudflare | 93.63 Bn | 92.68 Bn | 455.60 Mn | 271.60 Mn |
| 10 | Remitly Global | 4.89 Bn | 4.24 Bn | 307.86 Mn | 79.60 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 79.60 Mn |
| Dec 31, 2025 | 82.14 Mn |
| Sep 30, 2025 | 80.42 Mn |
| Jun 30, 2025 | 77.50 Mn |
| Mar 31, 2025 | 73.85 Mn |
| Dec 31, 2024 | 70.61 Mn |
| Sep 30, 2024 | 68.45 Mn |
| Jun 30, 2024 | 67.55 Mn |
| Mar 31, 2024 | 63.21 Mn |
| Dec 31, 2023 | 59.24 Mn |
| Sep 30, 2023 | 57.01 Mn |
| Jun 30, 2023 | 54.31 Mn |
| Mar 31, 2023 | 49.38 Mn |
| Dec 31, 2022 | 42.88 Mn |
| Sep 30, 2022 | 36.18 Mn |
| Jun 30, 2022 | 36.08 Mn |
| Mar 31, 2022 | 23.58 Mn |
| Dec 31, 2021 | 19.13 Mn |
| Sep 30, 2021 | 18.12 Mn |
| Jun 30, 2021 | 15.20 Mn |