Remitly Q2 revenue rises 20% to $495.2 million; full-year outlook raised
Remitly reported record second-quarter 2026 revenue of $495.2 million, up 20% from a year earlier, and net income of $205.9 million, which includes a $140.6 million discrete tax benefit from releasing a U.S. valuation allowance. The company also said it raised its full-year 2026 outlook, now calling for revenue of $1.978 billion to $1.988 billion, and issued third-quarter revenue guidance of $505 million to $507 million.
Key points
- Q2 2026 revenue was $495.2 million, up 20% from $411.9 million; send volume rose 27% to $23.5 billion.
- Q2 net income was $205.9 million, versus $6.5 million a year earlier; diluted EPS was $0.93, versus $0.03.
- Adjusted EBITDA was $114.7 million, up 79% from $64.0 million.
- FY2026 revenue guidance is $1.978 billion to $1.988 billion (21% to 22% growth); Q3 2026 revenue guidance is $505 million to $507 million.
The filing
Written by AI on Nov 8, 2026, 1:00 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 05, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.