Remitly Global RELY
NASDAQ RELY
$24.82 -1.35 (-5.16%)
As of: Sep 8, 2026 · 3:59 PM EDT

Remitly Global (RELY) Tax Provisions (2020 - 2026)

Remitly Global's (RELY) quarterly Tax Provisions came in at -$141.3 million in Q2 2026, down 9052.09% year-over-year from $1.6 million in Q2 2025, and down 4774.52% quarter-over-quarter from $3.0 million in Q1 2026.

Analysis

Remitly Global (RELY) Tax Provisions (2020 - 2026) Analysis & Trends

Remitly Global (RELY) has reported Tax Provisions for 7 consecutive years, with -$141.3 million the latest figure, recorded in Q2 2026.

  • On a quarterly basis, Tax Provisions fell 9052.09% year-over-year to -$141.3 million in Q2 2026; TTM through Jun 2026 was -$139.7 million, a 1936.66% decrease from a year earlier, with the FY2025 full-year figure at $3.7 million, down 45.07% from the prior year.
  • Tax Provisions was -$141.3 million for Q2 2026 at Remitly Global, down from $3.0 million in the prior quarter.
  • Over five years, Tax Provisions peaked at $5.4 million in Q4 2023 and troughed at -$141.3 million in Q2 2026.
  • A 5-year average of -$6.7 million and a median of $625500.0 in 2022 frame the typical range for Tax Provisions.
  • Across the five-year window, Tax Provisions surged 2400.7% in 2024 and tumbled 9052.09% in 2026, its largest moves.
  • Over 5 years, Tax Provisions stood at -$434000.0 in 2022, then jumped by 1348.16% to $5.4 million in 2023, then sank by 89.13% to $589000.0 in 2024, then plunged by 960.27% to -$5.1 million in 2025, then sank by 2687.92% to -$141.3 million in 2026.
  • The last three Tax Provisions figures came in at -$141.3 million (Q2 2026), $3.0 million (Q1 2026), and -$5.1 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Taxes (Qtr)
1 Wise 12.70 Bn 12.70 Bn - -
2 Remitly Global 5.24 Bn 4.56 Bn 333.98 Mn -141.26 Mn
3 Western Union 2.20 Bn 1.28 Bn 336.50 Mn 18.70 Mn
4 International Money Express 433.73 Mn 283.10 Mn - 2.23 Mn
5 Currenc 223.76 Mn 145.13 Mn 3.70 Mn 47,337.00
6 Sentage Holdings 4.77 Mn 4.77 Mn - -
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 -141.26 Mn
Mar 31, 2026 3.02 Mn
Dec 31, 2025 -5.07 Mn
Sep 30, 2025 3.59 Mn
Jun 30, 2025 1.58 Mn
Mar 31, 2025 3.59 Mn
Dec 31, 2024 589,000.00
Sep 30, 2024 1.85 Mn
Jun 30, 2024 3.29 Mn
Mar 31, 2024 998,000.00
Dec 31, 2023 5.42 Mn
Sep 30, 2023 258,000.00
Jun 30, 2023 -143,000.00
Mar 31, 2023 370,000.00
Dec 31, 2022 -434,000.00
Sep 30, 2022 287,000.00
Jun 30, 2022 662,000.00
Mar 31, 2022 528,000.00
Dec 31, 2021 -42,000.00
Sep 30, 2021 261,000.00