Remitly Global, Inc. income statement
In fiscal 2025, Remitly Global, Inc. reported revenue of $1.64bn, up 29.4% on the year before, operating income of $77.5m (a 4.7% margin) and net income of $67.9m, or $0.31 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 127 | 257 | 459 | 654 | 944 | 1,264 | 1,635 | 1,810 |
| Research and development | 32 | 41 | 64 | 139 | 220 | 270 | 314 | 316 |
| General and administrative | 26 | 32 | 71 | 131 | 179 | 196 | 225 | 224 |
| Operating income | −51 | −29 | −40 | −121 | −114 | −39 | 77 | 171 |
| Interest expense | 2 | 1 | 1 | 1 | 2 | 3 | 8 | 10 |
| Income before tax | −51 | −31 | −38 | −113 | −112 | −30 | 72 | 165 |
| Income tax | 0 | 1 | 1 | 1 | 6 | 7 | 4 | −140 |
| Net income | −51 | −33 | −39 | −114 | −118 | −37 | 68 | 305 |
| Diluted EPS | −$0.99 | −$0.51 | −$0.64 | −$0.68 | −$0.65 | −$0.19 | $0.31 | $1.40 |
| Diluted shares (average) | 64m | 64m | 61m | 168m | 181m | 195m | 218m | 218m |
| EBITDA | −48 | −25 | −34 | −114 | −101 | −21 | 103 | 197 |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 337 | 352 | 362 | 412 | 419 | 442 | 453 | 495 |
| Research and development | 68 | 71 | 74 | 77 | 80 | 82 | 80 | 74 |
| General and administrative | 51 | 55 | 53 | 60 | 56 | 57 | 55 | 56 |
| Operating income | 0 | −4 | 12 | 15 | 12 | 39 | 54 | 67 |
| Interest expense | 1 | 1 | 1 | 2 | 2 | 3 | 2 | 3 |
| Income before tax | 4 | −5 | 15 | 8 | 12 | 36 | 52 | 65 |
| Income tax | 2 | 1 | 4 | 2 | 4 | −5 | 3 | −141 |
| Net income | 2 | −6 | 11 | 7 | 9 | 41 | 49 | 206 |
| Diluted EPS | $0.01 | −$0.03 | $0.05 | $0.03 | $0.04 | $0.19 | $0.23 | $0.93 |
| EBITDA | 5 | 2 | 18 | 21 | 18 | 46 | 60 | 73 |
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