Remitly (RELY)

Nasdaq Financials Transaction & Payment Processing Services S&P SmallCap 600
$22.32
+0.77 (+3.60%)
Close of Nov 06, 2026 · end-of-day data
Source: Remitly's 10-K / 10-Q XBRL data on SEC EDGAR · fetched Nov 05, 2026

Revenue, net income & free cash flow

Income statement

fiscal years · USD
Fiscal yearFY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue$126.57M$256.96M$458.61M$653.56M$944.28M$1.26B$1.64B
Research & development$32.01M$40.78M$64.09M$138.72M$219.94M$269.82M$313.91M
Operating income-$50.60M-$29.18M-$39.72M-$121.04M-$114.19M-$39.09M$77.47M
Interest expense$1.61M$1.19M$1.26M$1.30M$2.35M$3.24M$7.61M
Pre-tax income-$51.13M-$31.40M-$37.71M-$112.98M-$111.94M-$30.25M$71.63M
Income tax$259.00K$1.16M$1.04M$1.04M$5.90M$6.73M$3.69M
Net income-$51.39M-$32.56M-$38.76M-$114.02M-$117.84M-$36.98M$67.93M
EBITDA-$47.94M-$25.12M-$34.47M-$114.31M-$101.08M-$21.03M$102.50M
EPS (basic)$-2.98$-1.52$-0.64$-0.68$-0.65$-0.19$0.33
EPS (diluted)$-2.98$-1.52$-0.64$-0.68$-0.65$-0.19$0.31
Diluted shares21.29M21.46M60.73M167.77M180.82M194.65M217.57M
Operating margin-40.0%-11.4%-8.7%-18.5%-12.1%-3.1%4.7%
Net margin-40.6%-12.7%-8.5%-17.4%-12.5%-2.9%4.2%

Balance sheet

fiscal years · USD
Fiscal yearFY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash & equivalents$182.35M$186.69M$403.26M$300.63M$323.71M$368.10M$542.43M
Total current assets—$345.33M$607.55M$669.42M$932.12M$897.51M$1.32B
Goodwill———$0$54.94M$54.94M$54.94M
Total assets—$362.99M$625.66M$695.95M$1.04B$1.01B$1.46B
Total current liabilities—$181.78M$141.62M$209.14M$366.84M$329.01M$399.05M
Short-term debt———$0$2.48M$2.47M$2.82M
Long-term debt———$0$130.00M$0$155.00M
Total debt———$0$132.48M$2.47M$157.82M
Total liabilities—$186.61M$145.34M$215.87M$506.97M$347.40M$589.92M
Shareholders' equity-$186.80M-$211.33M$480.33M$480.09M$529.34M$665.47M$868.79M

Cash flow

fiscal years · USD
Fiscal yearFY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow$8.44M-$114.21M-$18.39M-$108.66M$66.81M$111.60M$325.08M
Capital expenditures$5.05M$2.06M$1.96M$3.68M$2.86M$6.00M$29.43M
Free cash flow$3.39M-$116.27M-$20.35M-$112.33M$63.95M$105.60M$295.65M
Investing cash flow-$7.21M-$4.37M-$4.53M-$7.31M-$50.04M-$19.89M-$69.93M
Financing cash flow$117.02M$122.22M$238.20M$14.59M$6.25M-$42.37M-$89.78M
Share buybacks$7.02M$0$0—$0$0$23.89M
Stock-based compensation$3.65M$5.26M$17.02M$95.29M$136.97M$152.14M$155.11M
Depreciation & amortization$2.66M$4.06M$5.26M$6.72M$13.12M$18.05M$25.03M

Quarterly figures are rebuilt from the year-to-date totals companies report — Q4 is the full year minus the first nine months, since no 10-Q is filed for it. Values are as filed; later restatements replace earlier ones. Fiscal years are labelled by the calendar year in which they end.