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

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

Historic Data

Download Data
DateValue
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%