Remitly Global (RELY) Research & Development (2020 - 2026)
Remitly Global (RELY) posted quarterly Research & Development of $79.6 million for Q1 2026, up 7.79% YoY from $73.9 million in Q1 2025, and down 3.09% sequentially from $82.1 million in Q4 2025.
Remitly Global (RELY) Research & Development (2020 - 2026) Analysis & Trends
Remitly Global has disclosed Research & Development across 7 years of filings, most recently posting $79.6 million for Q1 2026.
- In Q1 2026, Research & Development rose 7.79% year-over-year to $79.6 million; the TTM figure through Mar 2026 stood at $319.7 million (up 13.98% YoY), while the FY2025 annual figure was $313.9 million, up 16.34% from the prior year.
- Research & Development eased to $79.6 million in Q1 2026, 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.
- The 5-year median for Research & Development is $63.2 million (2024), against an average of $60.1 million.
- Annual changes were most pronounced in 2022 — Research & Development jumped 137.42% — and 2026, when it climbed 7.79%.
- A 5-year view of Research & Development shows it stood at $42.9 million in 2022, then jumped by 38.14% to $59.2 million in 2023, then increased by 19.19% to $70.6 million in 2024, then gained by 16.33% to $82.1 million in 2025, then declined by 3.09% to $79.6 million in 2026.
- According to Business Quant data, Research & Development over the past three periods registered $79.6 million, $82.1 million, and $80.4 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,853.66 Bn | 2,775.39 Bn | 56.06 Bn | 8.92 Bn |
| 2 | Oracle | 408.21 Bn | 376.86 Bn | 17.12 Bn | 2.61 Bn |
| 3 | Palantir Technologies | 300.98 Bn | 293.06 Bn | 1.42 Bn | 160.98 Mn |
| 4 | Palo Alto Networks | 247.84 Bn | 243.30 Bn | 1.91 Bn | 511.00 Mn |
| 5 | CrowdStrike Holdings | 193.63 Bn | 190.57 Bn | 993.68 Mn | 356.41 Mn |
| 6 | Fortinet | 117.45 Bn | 114.16 Bn | 1.49 Bn | 214.00 Mn |
| 7 | Cloudflare | 86.88 Bn | 85.93 Bn | 455.60 Mn | 150.97 Mn |
| 8 | Synopsys | 86.18 Bn | 86.06 Bn | 1.77 Bn | 714.99 Mn |
| 9 | Block | 46.10 Bn | 39.21 Bn | 2.91 Bn | 1.04 Bn |
| 10 | Remitly Global | 4.84 Bn | 4.19 Bn | 425.99 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 |