RELY FY 2025 Earnings Report — Remitly Global, Inc. Revenue & Financial Results | Market Cap Arena

Remitly Global, Inc.RELY

FY 2025 Earnings

Reported February 18, 2026

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2025	Prior Q	FY 2024	QoQ Change	YoY Change
Revenue	$1.6B	—	$1.3B	—	29.4%
Op. Income	$82M	—	-$39M	—	308.9%
Gross Margin	57.1%	—	59.2%	—	-2.1pp
Net Margin	4.2%	—	-2.9%	—	7.1pp
EPS (Diluted)	$0.31	—	$-0.19	—	263.2%
Free Cash Flow	$296M	—	$177M	—	67.2%

Revenue Flow

Item	Amount
REVENUE	$1.6B
Cost of Revenue	$701M
GROSS PROFIT	$934M
R&D Expenses	$314M
Selling & Marketing	$343M
General & Administrative	$225M
SG&A Expenses	$568M
Other Expenses	-$29M
Operating Expenses	$853M
Cost & Expenses	$1.6B
OPERATING INCOME	$82M
Interest Income	$8M
Interest Expense	$8M
Other Income/Expenses	-$10M
INCOME BEFORE TAX	$72M
Income Tax Expense	$4M
Net Income from Continuing Ops	$68M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$68M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$68M
D&A	$25M
EBIT	$79M
EBITDA	$104M
EPS	$0
EPS Diluted	$0

Income Statement

Item	Amount
REVENUE	$1.6B
Cost of Revenue	$701M
GROSS PROFIT	$934M
R&D Expenses	$314M
Selling & Marketing	$343M
General & Administrative	$225M
SG&A Expenses	$568M
Other Expenses	-$29M
Operating Expenses	$853M
Cost & Expenses	$1.6B
OPERATING INCOME	$82M
Interest Income	$8M
Interest Expense	$8M
Other Income/Expenses	-$10M
INCOME BEFORE TAX	$72M
Income Tax Expense	$4M
Net Income from Continuing Ops	$68M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$68M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$68M
D&A	$25M
EBIT	$79M
EBITDA	$104M
EPS	$0
EPS Diluted	$0

Cash Flow Statement

Item	Amount
Net Income	$68M
Depreciation & Amortization	$47M
Stock-Based Compensation	$155M
Deferred Income Tax	$0
Other Non-Cash Items	$13M
Change in Working Capital	$42M
OPERATING CASH FLOW	$325M
Capital Expenditure	-$29M
Acquisitions (Net)	$0
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	-$41M
NET CASH FROM INVESTING	-$70M
Net Debt Issuance	$155M
Common Stock Repurchased	-$51M
Common Dividends Paid	$0
Other Financing Activities	-$194M
NET CASH FROM FINANCING	-$90M
FREE CASH FLOW	$296M
Net Change in Cash	$174M

Balance Sheet

Item	Amount
Cash & Equivalents	$542M
Short-Term Investments	$286M
Net Receivables	$286M
Inventory	$0
Other Current Assets	$201M
TOTAL CURRENT ASSETS	$1.3B
PP&E (Net)	$74M
Goodwill	$55M
Intangible Assets	$2M
Long-Term Investments	$0
Tax Assets	$0
Other Non-Current Assets	$12M
TOTAL NON-CURRENT ASSETS	$143M
TOTAL ASSETS	$1.5B
Account Payables	$28M
Short-Term Debt	$3M
Deferred Revenue	$0
Other Current Liabilities	$362M
TOTAL CURRENT LIABILITIES	$399M
Long-Term Debt	$183M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$6M
Other Non-Current Liabilities	-$26M
TOTAL NON-CURRENT LIABILITIES	$191M
TOTAL LIABILITIES	$590M
Common Stock	$21.0K
Additional Paid-In Capital	$1.3B
Retained Earnings	-$460M
Treasury Stock	$0
Accum. Other Comp. Income	$4M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$869M
Minority Interest	$0
TOTAL EQUITY	$869M
TOTAL LIABILITIES & EQUITY	$1.5B
Total Debt	$220M
Net Debt	-$322M