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Remitly Global (RELY) Tax Rate (2020 - 2025)

Historic Tax Rate for Remitly Global (RELY) over the last 6 years, with Q3 2025 value amounting to 28.93%.

  • Remitly Global's Tax Rate fell 201800.0% to 28.93% in Q3 2025 from the same period last year, while for Sep 2025 it was 30.82%, marking a year-over-year increase of 519300.0%. This contributed to the annual value of 22.24% for FY2024, which is 169600.0% down from last year.
  • As of Q3 2025, Remitly Global's Tax Rate stood at 28.93%, which was down 201800.0% from 19.45% recorded in Q2 2025.
  • Over the past 5 years, Remitly Global's Tax Rate peaked at 49.11% during Q3 2024, and registered a low of 45.67% during Q2 2021.
  • In the last 5 years, Remitly Global's Tax Rate had a median value of 1.32% in 2023 and averaged 0.38%.
  • Per our database at Business Quant, Remitly Global's Tax Rate plummeted by -381400bps in 2024 and then skyrocketed by 568300bps in 2025.
  • Quarter analysis of 5 years shows Remitly Global's Tax Rate stood at 0.25% in 2021, then skyrocketed by 766bps to 2.19% in 2022, then tumbled by -936bps to 18.3% in 2023, then soared by 37bps to 11.47% in 2024, then soared by 352bps to 28.93% in 2025.
  • Its Tax Rate stands at 28.93% for Q3 2025, versus 19.45% for Q2 2025 and 24.03% for Q1 2025.