AI brief of an SEC Form 8-K · Remitly (RELY)
Remitly Q3 revenue rises 22% to $509.8 million; company raises 2026 outlook
Remitly reported third-quarter 2026 revenue of $509.8 million, up 22% from a year earlier, and net income of $67.6 million, up from $8.8 million. The company raised its full-year 2026 revenue outlook to $1.989 billion to $1.991 billion and increased its share repurchase authorization from $200 million to $500 million, which gives shareholders a larger buyback program.
Key points
- Q3 2026 revenue of $509.8 million, up 22% from $419.5 million in Q3 2025
- Q3 2026 net income of $67.6 million, up 665% from $8.8 million; Adjusted EBITDA of $120.8 million, up 97%
- Full-year 2026 revenue outlook of $1.989 billion to $1.991 billion, representing 22% growth
- Board raised share repurchase authorization by $300 million to $500 million; the program does not obligate purchases
The filing
CompanyRemitly (RELY)
Form8-K, current report
Filed with the SECNov 4, 2026, 4:07 PM ET
Accession number0001628280-26-070130
Written by AI on Nov 7, 2026, 11:17 PM ET, from this filing only.
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.