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

Remitly Global (RELY) has 7 years of Tax Rate data on file, last reported at 5.8% in Q1 2026.

• On a quarterly basis, Tax Rate fell 1822.0% year-over-year to 5.8% in Q1 2026; TTM through Mar 2026 was 2.88%, a 19237.0% decrease from a year earlier, with the FY2025 full-year figure at 5.16%, up 2740.0% from the prior year.
• Tax Rate for Q1 2026 stood at 5.8%, up from 14.02% in the prior quarter.
• Over the last five years, Tax Rate for RELY reached as high as 49.11% in Q3 2024 and fell as low as 37.38% in Q2 2024.
• Historically, Tax Rate has averaged 2.18% across 5 years, with a median of 0.88% in 2022.
• Across the five-year window, Tax Rate sank 3814 bps in 2024 and surged 5683 bps in 2025, its largest moves.
• Year by year, Tax Rate stood at 2.19% in 2022, then sank by 936 bps to 18.3% in 2023, then soared by 37 bps to 11.47% in 2024, then retreated by 22 bps to 14.02% in 2025, then jumped by 141 bps to 5.8% in 2026.
• Per Business Quant data, the three most recent Tax Rate figures were 5.8% in Q1 2026, 14.02% in Q4 2025, and 28.93% in Q3 2025.