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

Remitly Global's (RELY) quarterly Tax Provisions came in at $3.0 million in Q1 2026, down 15.82% year-on-year from $3.6 million in Q1 2025, and up 159.64% on a QoQ basis from -$5.1 million in Q4 2025.

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

Remitly Global (RELY) has 7 years of Tax Provisions data on file, last reported at $3.0 million in Q1 2026.

  • On a quarterly basis, Tax Provisions fell 15.82% year-over-year to $3.0 million in Q1 2026; TTM through Mar 2026 was $3.1 million, a 66.44% decrease from a year earlier, with the FY2025 full-year figure at $3.7 million, down 45.07% from the prior year.
  • Tax Provisions for Q1 2026 stood at $3.0 million, up from -$5.1 million in the prior quarter.
  • Over the last five years, Tax Provisions for RELY reached as high as $5.4 million in Q4 2023 and fell as low as -$5.1 million in Q4 2025.
  • Historically, Tax Provisions has averaged $1.2 million across 5 years, with a median of $662000.0 in 2022.
  • Across the five-year window, Tax Provisions jumped 2400.7% in 2024 and plunged 960.27% in 2025, its largest moves.
  • Year by year, Tax Provisions stood at -$434000.0 in 2022, then surged 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 surged by 159.64% to $3.0 million in 2026.
  • Per Business Quant data, the three most recent Tax Provisions figures were $3.0 million in Q1 2026, -$5.1 million in Q4 2025, and $3.6 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Taxes (Qtr)
1 Microsoft 2,921.46 Bn 2,797.02 Bn 56.06 Bn 7.56 Bn
2 PagSeguro Digital 2,686.70 Bn 2,686.70 Bn 358.92 Mn -14.25 Mn
3 Oracle 344.13 Bn 312.24 Bn - -555.00 Mn
4 Repay Holdings 342.29 Bn 342.15 Bn - -
5 Palantir Technologies 294.57 Bn 286.54 Bn 1.42 Bn 12.20 Mn
6 Palo Alto Networks 224.46 Bn 219.93 Bn 1.91 Bn 117.00 Mn
7 CrowdStrike Holdings 182.52 Bn 179.42 Bn 993.68 Mn -3.60 Mn
8 Fortinet 111.29 Bn 107.99 Bn 1.49 Bn 122.00 Mn
9 Cloudflare 93.63 Bn 92.68 Bn 455.60 Mn 1.50 Mn
10 Remitly Global 4.89 Bn 4.24 Bn 307.86 Mn 3.02 Mn

Historic Data

Download Data
DateValue
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
Jun 30, 2021 454,000.00