Remitly Global (RELY) Research & Development (2020 - 2026)
Remitly Global (RELY) posted quarterly Research & Development of $79.6 million for Q1 2026, up 7.79% year-over-year from $73.9 million in Q1 2025, and down 3.09% quarter-over-quarter from $82.1 million in Q4 2025.
Remitly Global (RELY) Research & Development (2020 - 2026) Analysis & Trends
Remitly Global (RELY) has reported Research & Development for 7 consecutive years, with $79.6 million the latest figure, recorded in 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 declined to $79.6 million in Q1 2026 per RELY's latest filing, from $82.1 million in the prior quarter.
- Across five years, Research & Development topped out at $82.1 million in Q4 2025 and bottomed at $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.
- Annual changes were most pronounced in 2022 — Research & Development jumped 137.42% — and 2026, when it climbed 7.79%.
- Remitly Global's Research & Development stood at $42.9 million in 2022, then surged by 38.14% to $59.2 million in 2023, then rose by 19.19% to $70.6 million in 2024, then advanced by 16.33% to $82.1 million in 2025, then fell by 3.09% to $79.6 million in 2026.
- Business Quant data shows RELY's Research & Development at $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 | 3,576.39 Bn | 3,443.64 Bn | 60.48 Bn | 10.00 Bn |
| 2 | Palantir Technologies | 412.58 Bn | 403.17 Bn | 1.64 Bn | 339.50 Mn |
| 3 | Oracle | 407.66 Bn | 375.77 Bn | - | 4.01 Bn |
| 4 | Palo Alto Networks | 299.27 Bn | 296.16 Bn | 2.03 Bn | 1.16 Bn |
| 5 | Fortinet | 115.83 Bn | 111.76 Bn | 1.64 Bn | 669.10 Mn |
| 6 | Cloudflare | 106.65 Bn | 102.48 Bn | 499.52 Mn | 276.12 Mn |
| 7 | Synopsys | 76.61 Bn | 74.41 Bn | 1.77 Bn | 396.38 Mn |
| 8 | CoreWeave | 51.53 Bn | 45.99 Bn | 1.70 Bn | 60.00 Mn |
| 9 | Block | 47.55 Bn | 41.12 Bn | 3.17 Bn | 664.96 Mn |
| 10 | Remitly Global | 5.36 Bn | 4.68 Bn | 333.98 Mn | 74.05 Mn |
Historic Data
Download 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 |