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

Remitly Global has disclosed Tax Rate across 7 years of filings, most recently posting 5.8% for Q1 2026.

• In Q1 2026, Tax Rate fell 1822.0% year-over-year to 5.8%; the TTM figure through Mar 2026 stood at 2.88% (down 19237.0% YoY), while the FY2025 annual figure was 5.16%, up 2740.0% from the prior year.
• Tax Rate climbed to 5.8% in Q1 2026, 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.
• The 5-year median for Tax Rate is 0.88% (2022), against an average of 2.18%.
• Annual changes were most pronounced in 2024 — Tax Rate sank 3814 bps — and 2025, when it jumped 5683 bps.
• A 5-year view of Tax Rate shows it stood at 2.19% in 2022, then slumped by 936 bps to 18.3% in 2023, then soared by 37 bps to 11.47% in 2024, then dropped by 22 bps to 14.02% in 2025, then jumped by 141 bps to 5.8% in 2026.
• According to Business Quant data, Tax Rate over the past three periods registered 5.8%, 14.02%, and 28.93% for Q1 2026, Q4 2025, and Q3 2025 respectively.