tradmap

RELY Financials Remitly Global, Inc.

7 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →

Growth & profitability

  • Revenue has grown 44.8% per year over the past 5 years.
  • Operating margin has expanded, at 4.7% in the latest year.

Financial health

  • The company holds more cash ($542M) than total debt ($158M).
  • Operating income covered interest expense 10× in the latest year.
  • Total debt is 1.5× EBITDA.
Revenue & net income
-$118M $759M $2B $0 2019 2020 2021 2022 2023 2024 2025
RevenueNet income
Margins (gross / operating / net)
-41% -18% 5% 0% 2019 2020 2021 2022 2023 2024 2025
GrossOperatingNet
Free cash flow (CFO − capex)
-$116M $90M $296M $0 2019 2020 2021 2022 2023 2024 2025
Free cash flow
Cash vs total debt
$0 $271M $542M 2019 2020 2021 2022 2023 2024 2025
CashTotal debt
Cash flow: operating / investing / financing
-$114M $105M $325M $0 2019 2020 2021 2022 2023 2024 2025
OperatingInvestingFinancing

Key annual figures

FYRevenueNet incomeGross MOp MFCFTotal debtCash
2025 $1.6B $68M 0.0% 4.7% $296M $158M $542M
2024 $1.3B -$37M 0.0% -3.1% $106M $2M $368M
2023 $944M -$118M 0.0% -12.1% $64M $132M $324M
2022 $654M -$114M 0.0% -18.5% -$112M $0 $301M
2021 $459M -$39M 0.0% -8.7% -$20M $403M
2020 $257M -$33M 0.0% -11.4% -$116M $187M
2019 $127M -$51M 0.0% -40.0% $3M $182M

Valuation over time

How the market has priced RELY against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.

Price / earnings (P/E)
0.0 33.9 67.8 Mar '23 Aug '23 Jan '24 Jun '24 Nov '24 Apr '25 Sep '25 Feb '26
P/E
Price / sales (P/S)
0.0 4.4 8.9 Mar '23 Aug '23 Jan '24 Jun '24 Nov '24 Apr '25 Sep '25 Feb '26
P/S

Frequently asked questions

Is RELY growing its revenue and profit?

Over the past 5 years, Remitly Global, Inc.'s revenue has grown 44.8% per year. These are computed facts, not advice.

How much debt does RELY have?

As of FY2025, Remitly Global, Inc. reported $158M of total debt against $542M of cash; operating income covered interest expense 10×.

What is RELY's profit margin?

In FY2025, gross margin was —, operating margin 4.7%, and net margin 4.2%.

What is RELY's P/E ratio?

As of Jun '26, Remitly Global, Inc. traded at a price-to-earnings ratio of about 67.4× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S have moved with the share price. These are computed facts, not advice.

Where does this data come from?

All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.

Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.