Latest revenue
$452.8M
as of 2026-03-31
Latest net income
$49.1M
as of 2026-03-31
Net margin
10.8%
as of 2026-03-31
Price · 5Y
Live market
delayed ≤15 min- Market cap
- $4.54B
- Enterprise value
- $4.54B
- P/E (trailing)
- 66.9×
- Forward P/E
- —
- P/B
- —
- Dividend yield
- 0.0%
- 52-wk high
- $24.92
- 52-wk low
- $12.08
- Beta
- —
- Shares out
- 210.6M
5-year trend
What this company does
Item 1. Business Overview Remitly was founded in 2011 with a vision to transform the lives of immigrants and their families by providing the most trusted financial services on the planet. As our business has grown over the last decade - so must our vision. In order to continue to serve our existing customers as well as serve other global citizens with cross-border financial needs we have expanded our vision to transforming lives with trusted financial services that transcend borders. The inspiration behind Remitly came when Matt, our co-founder and Chief Executive Officer, was living and working in Kenya. Living abroad, he experienced firsthand how painful it could be to send money across…
AI summary unavailable — showing raw filing excerpt
Generated from RELY's filing dated 2024-02-23
Key risks
Table of Contents Item 1A. Risk Factors Investing in our common stock involves a high degree of risk. You should carefully consider the risks and uncertainties described below, together with all of the other information in this Annual Report on Form 10-K including “Management’s Discussion and Analysis of Financial Condition and Results of Operations,” our consolidated financial statements, and the accompanying notes included elsewhere in this Annual Report on Form 10-K, before making a decision to invest in our common stock. The risks and uncertainties described below are not the only ones we face. Additional risks and uncertainties that we are unaware of or that we deem immaterial may also…
AI summary unavailable — showing raw filing excerpt
Generated from RELY's filing dated 2024-02-23
Profitability
Operating margin
4.7%
253.2%Net margin
4.2%
242.0%Return on equity
7.8%
240.7%Return on assets
4.7%
227.6%Leverage
Debt / equity
0.68×
30.1%Long-term debt / equity
0.18×
Debt / assets
40.4%
17.9%Earnings tracker
| Quarter | Revenue | YoY | Net income | YoY | Net margin |
|---|---|---|---|---|---|
Q1 2026 2026-03-31 | $452.8M | +25.2% | $49.1M | +332.1% | 10.8% |
Q4 2025 2025-12-31 | $442.2M | +25.7% | $41.2M | +820.1% | 9.3% |
Q3 2025 2025-09-30 | $419.5M | +24.7% | $8.8M | +360.6% | 2.1% |
Q2 2025 2025-06-30 | $411.9M | +34.4% | $6.5M | +154.1% | 1.6% |
Q1 2025 2025-03-31 | $361.6M | +34.4% | $11.4M | +153.9% | 3.1% |
Q4 2024 2024-12-31 | $351.9M | — | $-5.7M | — | -1.6% |
Q3 2024 2024-09-30 | $336.5M | +39.3% | $1.9M | +105.4% | 0.6% |
Q2 2024 2024-06-30 | $306.4M | +30.9% | $-12.1M | +35.9% | -3.9% |
Year-over-year change vs the same fiscal quarter one year prior. Revenue + net income sourced from SEC 10-Q / 10-K filings — no analyst-consensus dependency.
Industry trend
Services-Business Services, NEC · SIC 7389
Your notes
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Insider activity
Insider buying
$0
Insider selling
$209.5M
Net activity
−$209.5M
Distinct insiders
12
Open-market trades over the last 365 days.
Recent transactions
Source: SEC Form 4 filings. Officers, directors, and 10%+ owners must disclose share transactions within two business days. RSU grants and tax-withholding rows are excluded by default — compensation activity is not a trading signal.
Who owns RELY
Institutional value
$1.27B
Total shares held
81.7M
Distinct holders
170
-108 vs prior
As of
2026-03-31
Prior: 2025-12-31
Filers with $100M+ AUM disclose holdings 45 days after quarter end.
Top institutional holders
| # | Manager | Shares | Value | QoQ change | Action |
|---|---|---|---|---|---|
| 1 | BlackRock, Inc. | 14.7M | $230.1M | -875.4K (-5.6%) | Trimmed |
| 2 | NASPERS LTD | 13.4M | $210.6M | -12.0M (-47.2%) | Trimmed |
| 3 | BAILLIE GIFFORD & CO | 11.8M | $185.2M | +159.7K (+1.4%) | Added |
| 4 | VANGUARD CAPITAL MANAGEMENT LLC | 7.5M | $118.0M | — | New |
| 5 | VANGUARD PORTFOLIO MANAGEMENT LLC | 7.5M | $116.9M | — | New |
| 6 | DIMENSIONAL FUND ADVISORS LP | 3.1M | $49.1M | +350.6K (+12.6%) | Added |
| 7 | Capital International Investors | 2.6M | $41.3M | +873.7K (+49.6%) | Added |
| 8 | JANE STREET GROUP, LLC | 2.5M | $39.9M | +2.1M (+440.1%) | Added |
| 9 | LB Partners LLC | 1.5M | $24.0M | +280.3K (+22.4%) | Added |
| 10 | PRUDENTIAL FINANCIAL INC | 1.5M | $23.4M | +1.4M (+2424.7%) | Added |
| 11 | Nuveen, LLC | 1.2M | $19.5M | +38.9K (+3.2%) | Added |
| 12 | VANGUARD FIDUCIARY TRUST CO | 1.2M | $18.6M | — | New |
| 13 | Universal- Beteiligungs- und Servicegesellschaft mbH | 968.7K | $15.2M | +14.7K (+1.5%) | Added |
| 14 | Connor, Clark & Lunn Investment Management Ltd. | 906.9K | $14.2M | -115.3K (-11.3%) | Trimmed |
| 15 | First Eagle Investment Management, LLC | 831.5K | $13.0M | +190.0K (+29.6%) | Added |
| 16 | UBS Group AG | 665.9K | $10.4M | -940.5K (-58.5%) | Trimmed |
| 17 | Bank of New York Mellon Corp | 527.9K | $8.3M | -1.9K (-0.4%) | Trimmed |
| 18 | DEUTSCHE BANK AG\ | 470.5K | $7.4M | -783.7K (-62.5%) | Trimmed |
| 19 | JPMORGAN CHASE & CO | 411.3K | $6.3M | +272.5K (+196.4%) | Added |
| 20 | Swiss National Bank | 351.5K | $5.5M | +6.0K (+1.7%) | Added |
Source: SEC Form 13F-HR. Positions aggregated across sub-managers within each firm. Options (puts/calls) excluded — common stock only.
Top questions investors are asking
Coming once RELY's latest filing finishes processing.