Remitly Global (RELY) Research & Development (2020 - 2026)
Remitly Global's Research & Development came in at $74.05 million for Q2 2026, down 4.4% from $77.5 million a year earlier and down 7.0% from the prior quarter.
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Analysis
Remitly Global (RELY) Research & Development (2020 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Remitly Global reported Research & Development of $316.21 million, up 8.9% year-over-year; for FY2025, it came in at $313.91 million, up 16.3% from FY2024.
- Research & Development has increased in each of the last six years, with a five-year compound annual growth rate of 50.4% (FY2020 to FY2025).
- Going back by year, Research & Development was $269.82 million in FY2024 (+22.7%), $219.94 million in FY2023 (+58.6%), $138.72 million in FY2022 (+116.4%) and $64.09 million in FY2021 (+57.2%).
- The Q2 2026 figure represents the lowest quarterly Research & Development since Q1 2025.
- Year-over-year, Research & Development increased in seven of the last eight quarters, with growth averaging 13.5%.
- The fastest year-over-year change in Research & Development over five years came in Q2 2022 (growth of 137.4%), and the weakest in Q2 2026 (a decline of 4.4%).
- Business Quant data shows RELY's Research & Development at $79.6 million (Q1 2026), $82.14 million (Q4 2025) and $80.42 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Visa | 655.82 Bn | 599.14 Bn | - | - |
| 2 | Mastercard | 494.77 Bn | 454.69 Bn | - | - |
| 3 | Wise | 14.20 Bn | -73.58 Bn | - | - |
| 4 | Remitly Global | 4.63 Bn | 2.29 Bn | 307.34 Mn | 74.05 Mn |
| 5 | Western Union | 1.91 Bn | -2.10 Bn | 336.50 Mn | - |
| 6 | International Money Express | 351.86 Mn | -268.28 Mn | - | - |
| 7 | Currenc | 191.18 Mn | -35.74 Mn | 3.70 Mn | - |
| 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 | 74.05 Mn |
| 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 |
API Access
Remitly Global Research & Development 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=research-and-development&ticker=RELY&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "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=research-and-development&ticker=RELY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();