Remitly Global, Inc.

Listed Company

RELYCIK 0001782170NasdaqLarge AcceleratedServices-Business Services, NecDelawareFY ends Dec 31

Period

FY 2025

Revenue

$1.64B

Net Income

$67.93M

Total Assets

$1.46B

Equity

$868.79M

Shares Out

210.56M

Op. Cash Flow

$325.08M

RELY$24.12+40.40% · past yearDBEQ Basic

Daily closing prices

Business

Remitly Global, Inc. is a digital-first global money movement platform enabling cross-border financial transactions across more than 175 countries and 5,300 corridors. The company generates revenue primarily from transaction fees and foreign exchange spreads on consumer and business cross-border payments, complemented by adjacent financial products including digital wallets, debit cards, and buy-now-pay-later services. Remitly operates as a single integrated platform serving consumers sending money internationally, high-amount senders, businesses, and receivers, with distribution through mobile apps, websites, and messaging services.

Summary from 10-K filed 2026-02-18

Financials

Consolidated Statement of Income

Year Ended · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31
Revenue	1,635	1,264	944	654	459
Marketing	343	304	234	171	121
Technology and development	314	270	220	139	64
General and administrative	225	196	179	131	71
Depreciation and amortization	25	18	13	7	5
Total costs and expenses	1,558	1,303	1,058	775	498
Income (loss) from operations	77	−39	−114	−121	−40
Interest income	8	8	7	4	140,000
Interest expense	−8	−3	−2	−1	—
Other income (expense), net	−6	4	−3	5	3
Income (loss) before provision for income taxes	72	−30	−112	−113	−38
Provision for income taxes	4	7	6	1	1
Net income (loss)	68	−37	−118	−114	−39
Basic (in dollars per share)	0.33	−0.19	−0.65	−0.68	−0.64
Diluted (in dollars per share)	0.31	−0.19	−0.65	−0.68	−0.64
Basic (in shares)	206	195	181	168	61
Diluted (in shares)	218	195	181	168	61

Consolidated Balance Sheet

As of · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31
Cash and cash equivalents	542	368	324	301	403
Disbursement prefunding	441	289	196	158	—
Customer funds receivable, net	286	194	379	191	67
Prepaid expenses and other current assets	46	47	33	19	17
Total current assets	1,316	898	932	669	608
Property and equipment, net	62	32	16	12	9
Operating lease right-of-use assets	12	13	10	9	5
Goodwill	55	55	55	0	—
Intangible assets, net	2	10	17	0	—
Other noncurrent assets, net	12	5	7	6	4
Total assets	1,459	1,013	1,036	696	626
Accounts payable	28	16	35	7	1
Customer liabilities	220	189	177	111	70
Short-term debt	3	2	2	0	—
Accrued expenses and other current liabilities	142	117	146	88	67
Operating lease liabilities	6	5	6	4	3
Total current liabilities	399	329	367	209	142
Operating lease liabilities, noncurrent	28	9	4	6	3
Long-term debt	155	0	130	0	—
Other noncurrent liabilities	8	9	6	1	813,000
Total liabilities	590	347	507	216	145
Commitments and contingencies (Note 16)	—	—	—	—	—
Common stock, $0.0001 par value; 725,000,000 shares authorized as of both December 31, 2025 and 2024; 210,625,519 and 200,534,626 shares issued and outstanding as of December 31, 2025 and 2024, respectively	21,000	20,000	19,000	17,000	16,000
Additional paid-in capital	1,326	1,195	1,020	854	740
Accumulated other comprehensive income (loss)	4	−2	335,000	−743,000	253,000
Accumulated deficit	−460	−528	−491	−373	−259
Total stockholders equity	869	665	529	480	480
Total liabilities and stockholders equity	1,459	1,013	1,036	696	626

Consolidated Statement of Cash Flows

Year Ended · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31
Depreciation, amortization, and other	47	16	14	—	—
Stock-based compensation expense, net	155	152	137	95	17
Donation of common stock	3	3	5	2	7
Prepaid expenses and other assets	−2	−12	−13	−5	−13
Operating lease right-of-use assets	5	6	5	4	3
Accounts payable	10	−21	28	6	−3
Accrued expenses and other liabilities	24	11	14	23	26
Operating lease liabilities	15	−6	−5	−4	−3
Net cash provided by operating activities	325	112	67	−109	−18
Purchases of property and equipment	−29	−6	−3	−4	−2
Capitalized internal-use software costs	−12	−12	−6	−3	−3
Net collections (originations) from consumer receivables	−28	−2	0	—	—
Cash paid for acquisition, net of acquired cash, cash equivalents, and restricted cash	0	0	−41	−248,000	0
Net cash used in investing activities	−70	−20	−50	−7	−5
Proceeds from exercise of stock options	7	9	14	12	8
Proceeds from issuance of common stock in connection with ESPP	11	9	6	4	0
Cash paid for repurchase of common stock	−24	0	0	—	0
Proceeds from revolving credit facility borrowings	6,811	1,453	764	0	—
Repayments of revolving credit facility borrowings	−6,656	−1,583	−634	0	—
Taxes paid related to net share settlement of equity awards	−27	−5	−7	−99,000	0
Net change in customer funds assets and liabilities	−209	85	−120	—	—
Cash paid for settlement of amounts previously held back for acquisition consideration	0	−10	0	0	—
Payment of debt issuance costs	−3	0	0	0	−1
Repayment of assumed indebtedness	0	0	−17	−384,000	—
Net cash (used in) provided by financing activities	−90	−42	6	15	238
Effect of foreign exchange rate changes on cash, cash equivalents, and restricted cash	9	−5	1	−1	−40,000
Net increase in cash, cash equivalents, and restricted cash	174	45	24	−103	215

Filings

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Frequently asked questions

What is Remitly Global, Inc.'s CIK number?

Remitly Global, Inc.'s SEC CIK number is 0001782170 (1782170). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.

Where can I find Remitly Global, Inc.'s SEC filings?

All of Remitly Global, Inc.'s EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.

When did Remitly Global, Inc. last report earnings?

Remitly Global, Inc. (RELY) most recently filed an earnings 8-K with the SEC on May 6, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0001628280-26-031305). This is Remitly Global, Inc.'s most recent earnings filing of record — not a forecast of its next earnings date.

What is Remitly Global, Inc.'s most recent earnings 8-K?

Remitly Global, Inc.'s latest earnings 8-K (Item 2.02) was filed May 6, 2026 under accession 0001628280-26-031305. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.

View Remitly Global, Inc.'s latest earnings 8-K →
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