Remitly Global, Inc. (RELY) Stock Price & Analysis
Remitly Global, Inc. (RELY) closed at USD 24.82 on Friday, October 23, 2026, down 1.97% on the day. The US market is currently closed; this is not a live price.
The prior close was USD 25.32; the Oct 23, 2026 session ranged USD 24.6–25.17 on volume of 2,107,487 shares. Market capitalization is $5.25B, with a 52-week range of USD 12.08–27.48 (NMS). Source: Nexqual, retrieved October 24, 2026 at 10:07 UTC.
Also available as compact Markdown for AI agents: nexqual.com/RELY.md
Key facts (RELY)
- Last four reported quarters (through Jun 30, 2026): revenue $1.81B, net income $305M (16.9% margin), free cash flow $388M (SEC filings).
- Valuation: P/E 17.2x (avg 44.2x at the last 1 fiscal year-ends), EV/EBITDA 23.3x, net cash $673M.
- 1 of 80 tracked superinvestors hold RELY (13F, Q2 2026): 0 new, 1 added, 0 reduced, 0 unchanged.
- Analysts: Buy (mean 1.80 on a 1–5 scale) (10 analysts), mean target USD 32.11 (range 29–36).
- Total return with dividends: 1Y +44.3% vs S&P 500 +13.4%; 5Y -18.9% vs S&P 500 +76.9%.
- Next earnings: 2026-11-04, EPS estimate USD 0.28, revenue estimate $507M.
Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters) (RELY)
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM |
|---|---|---|---|---|---|---|
| Revenue | $459M | $654M | $944M | $1.26B | $1.64B | $1.81B |
| Operating income | -$39.7M | -$121M | -$114M | -$39.1M | $77.5M | $171M |
| Net income | -$38.8M | -$114M | -$118M | -$37.0M | $67.9M | $305M |
| EPS (diluted) | -$0.64 | -$0.68 | -$0.65 | -$0.19 | $0.31 | — |
| Free cash flow | -$20.3M | -$112M | $63.9M | $106M | $296M | $388M |
| Operating margin | -8.7% | -18.5% | -12.1% | -3.1% | 4.7% | 9.5% |
| Net margin | -8.5% | -17.4% | -12.5% | -2.9% | 4.2% | 16.9% |
| Revenue growth | +78.5% | +42.5% | +44.5% | +33.9% | +29.4% | — |
| Cash + short-term investments | $403M | $301M | $324M | $368M | $542M | — |
| Total debt | — | $0K | $132M | $2.5M | $158M | — |
Fiscal years end Dec. EPS is split-adjusted.
Valuation (price ÷ last four quarters, through Jun 30, 2026) (RELY)
P/E 17.2x · P/S 2.9x · EV/EBITDA 23.3x · EV/Sales 2.5x · P/FCF 13.5x · P/B 4.7x · FCF yield 7.38% · Earnings yield 5.81% · Buyback yield (TTM) 1.70% · Net cash $673M · EV $4.58B
P/E at fiscal year-ends: Dec 2025 44.2x.
Superinvestors (SEC 13F-HR, Q2 2026) (RELY)
1 of 80 tracked investors hold RELY. Each row is the investor's latest 13F; change is vs their prior-quarter share count.
| Investor | Firm | % of portfolio | Value | Change |
|---|---|---|---|---|
| First Eagle Investment | First Eagle Investment Management | 0.04% | $24.0M | Added +29.0% |
Analysts (RELY)
Consensus Buy (mean 1.80 on a 1–5 scale), 10 analysts; mean target USD 32.11 (low 29, high 36).
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-08-25 | Wolfe Research | Target raised | Outperform | $31 → $32 |
| 2026-08-10 | Cantor Fitzgerald | Target raised | Overweight | $28 → $30 |
| 2026-08-06 | Keybanc | Target raised | Overweight | $28 → $33 |
| 2026-08-06 | Citizens | Target raised | Market Outperform | $30 → $32 |
| 2026-07-16 | Citizens | Target raised | Market Outperform | $26 → $30 |
| 2026-07-09 | Goldman Sachs | Target raised | Buy | $27 → $30 |
Total return (dividends reinvested) (RELY)
| 1Y (from 2025-10-24) | 5Y (from 2021-10-25) | |
|---|---|---|
| Total return | +44.3% | -18.9% |
| S&P 500 (SPY) | +13.4% | +76.9% |
| Per year | +44.5% | -4.1% |
| Volatility (annualized) | 57.7% | 59.1% |
| Max drawdown | -29.1% (Oct 2025→Nov 2025) | -76.3% (Nov 2021→Jun 2022) |
RELY revenue by region (quarter ended Jun 30, 2026)
| Line | Revenue | Share of total | YoY |
|---|---|---|---|
| United States | $336.8M | 68.0% | +23.6% |
| Rest of world | $115.0M | 23.2% | +17.9% |
| Canada | $43.3M | 8.7% | +3.4% |
| Total revenue | $495.2M | 100% | — |
As tagged by the company in its SEC 10-Q / 10-K filings (XBRL).
RELY suppliers, customers and competitors (named in its 10-K)
| Relationship | Company | Sentence in the filing |
|---|---|---|
| Customer | Alphabet (Google) (GOOGL) | “See the section titled "Risk Factors—General Risks." Additionally, the majority of our customers access our products through our website, our mobile app, or messaging services, and we must ensure that our offerings are optimized for such devices or messaging services, and that our mobile apps are interoperable with popular third-party mobile operating systems such as Google Android and Apple iOS.” |
| Customer | Apple (AAPL) | “See the section titled "Risk Factors—General Risks." Additionally, the majority of our customers access our products through our website, our mobile app, or messaging services, and we must ensure that our offerings are optimized for such devices or messaging services, and that our mobile apps are interoperable with popular third-party mobile operating systems such as Google Android and Apple iOS.” |
Quoted from the company's 10-K filed Feb 18, 2026.
Companies that name RELY in their SEC reports
| Relationship to RELY | Company | Filing | Sentence |
|---|---|---|---|
| partner | International Money Express, Inc. (IMXI) | 10-K Mar 6, 2026 | “The Company's peer group ("Peer Group") consists of publicly-traded companies that are in the money remittance and payment industries and is composed of the following: MoneyGram (for periods prior to its acquisition by Madison Dearborn Partners in June 2023), Euronet, Remitly and Western Union.” |
RELY company outlook (results filed Aug 5, 2026)
- “For the third quarter of 2026, Remitly currently expects: • Total revenue in the range of $505 million to $507 million, representing a growth rate of 20% to 21% year over year. • Year over year growth in net income, and Adjusted EBIT”
Analysts expect $507.2M for the current quarter, in line with the midpoint of the company's guidance ($506.0M).
Quoted word-for-word from the SEC 8-K results press release.
RELY analyst estimates and revisions
| Period | EPS estimate | 90 days ago | Change | Revenue estimate | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends Sep 2026) | $0.28 | $0.30 | -6.4% | $507.2M | 4 |
| Next quarter (ends Dec 2026) | $0.36 | $0.38 | -5.0% | $531.7M | 3 |
| Current fiscal year (ends Dec 2026) | $1.85 | $1.38 | +33.9% | $1.99B | 4 |
| Next fiscal year (ends Dec 2027) | $1.62 | $1.65 | -2.2% | $2.37B | 5 |
Key Statistics (as of October 24, 2026 at 10:07 UTC)
| Price | USD 24.82 |
|---|---|
| Change | ▼ 1.97% (down) |
| Previous Close | USD 25.32 |
| Open | USD 25.12 |
| Day Range | USD 24.6 – 25.17 |
| 52-Week Range | USD 12.08 – 27.48 |
| Volume | 2,107,487 shares |
| Market Cap | $5.25B |
| Exchange | NMS |
Technical Analysis (RELY)
Nexqual's technical model rates RELY "STRONG BUY" based on 5 bullish and 0 bearish signals across 127 daily candles, as of October 24, 2026 at 10:07 UTC.
| Overall Signal | STRONG BUY |
|---|---|
| RSI (14) | 55.57 (neutral) |
| vs SMA50 | Above (USD 23.9) |
| MACD | 0.55 (positive) |
Analyst Ratings (RELY)
Wall Street analysts rate RELY "Buy" based on 10 analysts, with a mean price target of USD 32.11 (range USD 29–36), per Nexqual as of October 24, 2026 at 10:07 UTC.
| Consensus Rating | Buy |
|---|---|
| Analyst Count | 10 |
| Mean Target | USD 32.11 |
| High Target | USD 36 |
| Low Target | USD 29 |
| Buy / Hold / Sell | 10 / 0 / 0 |
Earnings (RELY)
| Next Earnings Date | 2026-11-04 |
|---|---|
| EPS Estimate | USD 0.28 |
| Revenue Estimate | $507.23M |
Recent Earnings History
| Quarter | Actual vs Estimate |
|---|---|
| 2026-06-30 | USD 1.12 vs est 0.31 ▲ beat |
| 2026-03-31 | USD 0.41 vs est 0.29 ▲ beat |
| 2025-12-31 | USD 0.39 vs est 0.16 ▲ beat |
| 2025-09-30 | USD 0.18 vs est 0.18 ▲ beat |
Source: Nexqual, October 24, 2026 at 10:07 UTC.
Financials & Fundamentals (RELY)
| Total Revenue | $1.81B |
|---|---|
| Revenue Growth (latest quarter, YoY) | +20.20% |
| Gross Margin | +61.55% |
| Operating Margin | +14.32% |
| Profit Margin | +16.86% |
| ROE | +32.25% |
| Debt / Equity | 0.03 |
| Current Ratio | 3.18 |
| Total Cash | $676.39M |
| Total Debt | $38.26M |
| Free Cash Flow (last four quarters to Jun 2026, SEC 10-Q / 10-K) | $388.00M (21.4% of revenue) |
Source: Nexqual, October 24, 2026 at 10:07 UTC.
Financial Health Score (RELY)
Nexqual rates Remitly Global, Inc.'s overall financial health "Strong" across five dimensions, as of October 24, 2026 at 10:07 UTC.
| Growth | Strong — Revenue +29% YoY (annual) |
|---|---|
| Profitability | Strong — Gross margin 62%, operating 14% (last 12 months) |
| Balance Sheet | Strong — $676M cash and investments vs $3M debt (Jun 2026, SEC), net cash |
| Cash Flow | Strong — FCF $388M (last 4 quarters to Jun 2026, SEC), 21% margin |
| Efficiency | Strong — ROE 32%, ROA 8.5% |
Ownership (RELY)
| Insider Ownership | +5.32% |
|---|---|
| Institutional Ownership | +87.60% |
| Shares Outstanding | 211.68M |
| Float | 200.87M |
| Short % of Float | +9.99% |
Source: Nexqual, October 24, 2026 at 10:07 UTC.
Leadership (RELY)
Remitly Global, Inc. is led by Sebastian J. Gunningham, CEO & Director, per Nexqual as of October 24, 2026 at 10:07 UTC.
| CEO & Director | Sebastian J. Gunningham |
|---|---|
| Co-Founder & Director | Joshua Hug |
| Chief Financial Officer | Vikas Mehta |
Major Backers & Investors (RELY)
Notable institutional backers of Remitly Global, Inc. include FMR, LLC, Baillie Gifford, Fidelity, according to Nexqual as of October 24, 2026 at 10:07 UTC.
Active Investors
| Investor | Stake |
|---|---|
| FMR, LLC | 10.28% |
| Baillie Gifford | 5.85% |
| Fidelity | 4.94% |
| Goldman Sachs | 4.03% |
| Generation Investment Management LLP | 2.31% |
| Marshall Wace LLP | 2.25% |
Index Funds (Passive)
| Fund | Stake |
|---|---|
| BlackRock | 8.66% |
| Vanguard Group | 8.65% |
| State Street | 3.25% |
| Geode Capital | 2.25% |
Source: Nexqual, October 24, 2026 at 10:07 UTC.
From Remitly Global, Inc.'s Latest SEC 10-K Filing (filed 2026-02-18)
Key Strengths & Strategy (as disclosed to the SEC)
- With a footprint spanning more than 175 countries, we have built one of the world's leading global money movement platforms, trusted by millions of customers who rely on us every day.
- Our digital-first platform provides an easy-to-use, end-to-end process with a simple and reliable user experience that builds trust by delivering peace of mind.
- Our technology has broad and complex capabilities and, together with our proprietary data, gives us a distinct advantage in understanding our customers and being able to meet their needs.
- As of December 31, 2025, our Remitly app had a 4.9 iOS App Store rating with approximately 4.0 million reviewers and a 4.8 Android Google Play rating with over 1.3 million reviewers (app ratings are based on all countries or regions and the rating may vary based on user location and device type).
Partnerships
- Our initiatives include a multi-year partnership with a global micro-lending nonprofit to advance financial security and resilience around the world.
Legal & Regulatory Risks (Item 1A, quoted)
- Any failure to obtain or maintain necessary licenses, permissions, approvals, or registrations ("Licenses") across our global footprint could adversely affect our operations.
- Our fees, profit margins, and/or our ability to offer foreign exchange spreads may be reduced or limited because of regulatory initiatives and changes in laws and regulations or their interpretation and industry practices and standards that are either industry-wide or specifically targeted at our Company.
- Governmental authorities could also regulate foreign exchange rates or tax foreign exchange purchases in countries in which we do business, and this could harm our business.
- Regulators may take formal or informal actions against us. Such formal or informal actions might subject us to additional compliance obligations or litigation or force us to adopt new compliance programs or policies, remove personnel including senior executives, provide remediation or refunds to customers, or undertake other changes to our business operations.
Source: SEC EDGAR 10-K, official filing. Curated by Nexqual.
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| TENB | Tenable Holdings, Inc. | USD 44.59 | ▲ 6.17% |
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| MBGL | Mobility Global Inc. | USD 18.76 | ▼ 2.7% |
Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 24, 2026 at 10:07 UTC. This page is informational and not investment advice.
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