Remitly Global (RELY) Tax Rate (2020 - 2026)
Remitly Global's (RELY) quarterly Tax Rate came in at 218.53% in Q2 2026, down 23797.0% year-over-year from N/an in Q2 2025, and down 3865.63% quarter-over-quarter from 5.8% in Q1 2026.
Analysis
Remitly Global (RELY) Tax Rate (2020 - 2026) Analysis & Trends
Remitly Global (RELY) has reported Tax Rate for 7 consecutive years, with 218.53% the latest figure, recorded in Q2 2026.
- On a quarterly basis, Tax Rate fell 23797.0% year-over-year to 218.53% in Q2 2026; TTM through Jun 2026 was 84.53%, a 11960.0% decrease from a year earlier, with the FY2025 full-year figure at 5.16%, up 2740.0% from the prior year.
- Tax Rate was 218.53% for Q2 2026 at Remitly Global, down from 5.8% in the prior quarter.
- Over five years, Tax Rate peaked at 49.11% in Q3 2024 and troughed at 218.53% in Q2 2026.
- A 5-year average of 10.08% and a median of 1.1% in 2022 frame the typical range for Tax Rate.
- Across the five-year window, Tax Rate soared 5683 bps in 2025 and slumped 23797 bps in 2026, its largest moves.
- Over 5 years, Tax Rate stood at 2.19% in 2022, then sank by 936 bps to 18.3% in 2023, then surged by 37 bps to 11.47% in 2024, then slipped by 22 bps to 14.02% in 2025, then sank by 1459 bps to 218.53% in 2026.
- The last three Tax Rate figures came in at 218.53% (Q2 2026), 5.8% (Q1 2026), and 14.02% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Wise | 12.70 Bn | 12.70 Bn | - | - |
| 2 | Remitly Global | 5.24 Bn | 4.56 Bn | 333.98 Mn | -218.53% |
| 3 | Western Union | 2.20 Bn | 1.28 Bn | 336.50 Mn | 19.60% |
| 4 | International Money Express | 433.73 Mn | 283.10 Mn | - | 34.61% |
| 5 | Currenc | 223.76 Mn | 145.13 Mn | 3.70 Mn | -0.39% |
| 6 | Sentage Holdings | 4.77 Mn | 4.77 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -218.53% |
| Mar 31, 2026 | 5.80% |
| Dec 31, 2025 | -14.02% |
| Sep 30, 2025 | 28.93% |
| Jun 30, 2025 | 19.45% |
| Mar 31, 2025 | 24.03% |
| Dec 31, 2024 | -11.47% |
| Sep 30, 2024 | 49.11% |
| Jun 30, 2024 | -37.38% |
| Mar 31, 2024 | -4.97% |
| Dec 31, 2023 | -18.30% |
| Sep 30, 2023 | -0.73% |
| Jun 30, 2023 | 0.75% |
| Mar 31, 2023 | -1.32% |
| Dec 31, 2022 | 2.19% |
| Sep 30, 2022 | -0.88% |
| Jun 30, 2022 | -1.76% |
| Mar 31, 2022 | -2.32% |
| Dec 31, 2021 | 0.25% |
| Sep 30, 2021 | -2.05% |