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AI brief of an SEC Form 8-K · Remitly (RELY)

Remitly Q2 revenue rises 34% to $411.9 million; raises 2025 revenue outlook

Positive Impact 4 of 5 earnings Written later

Remitly reported second quarter 2025 revenue of $411.9 million, up 34% from a year earlier, and net income of $6.5 million compared with a net loss of $12.1 million a year earlier. The company raised its full-year 2025 revenue and Adjusted EBITDA outlook and authorized a $200 million share repurchase program.

Key points

  • Q2 2025 revenue was $411.9 million, up 34% from $306.4 million; Adjusted EBITDA was $64.0 million, up 144% from $26.2 million.
  • Full-year 2025 revenue outlook raised to $1.61 billion to $1.62 billion from $1.574 billion to $1.587 billion; Adjusted EBITDA outlook raised to $225 million to $230 million from $195 million to $210 million.
  • Third-quarter 2025 revenue is expected at $411 million to $413 million, and Adjusted EBITDA at $53 million to $55 million.
  • The Board authorized a share repurchase program of up to $200 million of common stock, with no obligation to buy and no expiration date.

The filing

CompanyRemitly (RELY)
Form8-K, current report
Filed with the SECAug 6, 2025, 4:08 PM ET
Accession number0001782170-25-000182

Items reported: 2.02 Results of Operations7.01 Regulation FD Disclosure

Read the filing on SEC.gov ↗

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 06, 2025.

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.