Is Remitly Global (RELY) overvalued or fairly valued?

MarketChacha shows Remitly Global's valuation in context — a trailing P/E of about 20.3, a forward P/E of about 15.6, a price-to-book of about 4.7 — alongside its revenue and profit growth and whether reported profit converts into operating cash, so you can judge value for yourself. MarketChacha does not issue ratings, price targets, or buy/sell advice.

What is Remitly Global's revenue?

Remitly Global reported revenue of $1.6B for FY2025, with net profit of $67.9M, per official filings.

What is the share price of Remitly Global (RELY)?

Remitly Global last traded at $24.91 (+2.3% on the day), as of 10/20/2026 — a delayed quote shown for education, not investment advice.

Remitly Global

RELY · NYSE · Financials · United States

Snapshot

TickerRELY

ExchangeNYSE

SectorFinancials

IndustrySoftware - Infrastructure

CountryUnited States

Employees3,200

HeadquartersSeattle, United States

Websitewww.remitly.com

Filings tracked15

About Remitly Global

Remitly Global, Inc., a cross-border payment company engages in the provision of digital financial services in the United States, Canada, and internationally. It offers cross-border remittances and complementary financial services through mobile application and website. Remitly Global, Inc. was incorporated in 2011 and is headquartered in Seattle, Washington.

Who owns it

Insiders5.3%
Institutions89.3%
Public & other5.4%

465 institutional holders

Ownership breakdown from public market data.

Top holders

FMR, LLC10.28%
Blackrock Inc.8.66%
BAILLIE GIFFORD & CO5.85%
Vanguard Portfolio Management LLC4.87%
Goldman Sachs Group Inc4.03%
Vanguard Capital Management LLC3.78%
State Street Corporation3.25%
Generation Investment Management LLP2.31%

Largest institutional holders — last updated 6/30/2026.

Forensic scorecard

Latest ROE of 7.8% is on the low side — the business earns a modest return on shareholder capital.

Net margin trend-12.5% → 4.2%

Margin has expanded by about 16.6 points — the business is getting more profitable.

Return on equity7.8%

Latest ROE of 7.8% is on the low side — the business earns a modest return on shareholder capital.

Computed by MarketChacha from reported figures (SEC XBRL). Education, not a rating or recommendation.

What's expected next

Next quarter

Rev $531.7M · EPS 0.36

Est. earnings growth -7.6%

Next fiscal year

Rev $2.4B · EPS 1.60

Est. earnings growth -13.6%

Analyst consensus estimates — not the company's own guidance.

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P/E ROE ROCE Margins Market cap

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Financials at a glance

Source: SEC XBRL

Annual

Quarterly · last 8

Revenue (FY2025)

$1.6B

Net margin

4.2%

ROE

7.8%

Revenue CAGR (2y)

+31.6%

EPS (FY2025)

0.31

Net profit (FY2025)

$67.9M

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Financials

Yearly

Period	Revenue	Net profit	EPS	Net margin	ROE
FY2025	$1.6B	$67.9M	0.31	4.2%	7.8%
FY2024	$1.3B	$-37.0M	-0.19	-2.9%	-5.6%
FY2023	$944.3M	$-117.8M	-0.65	-12.5%	-22.3%

Quarterly

Period	Revenue	Net profit	EPS	Net margin
2026Q2	$495.2M	$205.9M	0.93	41.6%
2026Q1	$452.8M	$49.1M	0.23	10.8%
2025Q3	$419.5M	$8.8M	0.04	2.1%
2025Q2	$411.9M	$6.5M	0.03	1.6%
2025Q1	$361.6M	$11.4M	0.05	3.1%
2024Q3	$336.5M	$1.9M	0.01	0.6%
2024Q2	$306.4M	$-12.1M	-0.06	-3.9%
2024Q1	$269.1M	$-21.1M	-0.11	-7.8%
2023Q3	$241.6M	$-35.7M	-0.20	-14.8%
2023Q2	$234.0M	$-18.9M	-0.11	-8.1%
2023Q1	$203.9M	$-28.3M	-0.16	-13.9%

Figures as reported, in reporting currency. Source: SEC XBRL.

Filings & announcements

2026

8-K — Results of operations, Reg FD disclosure, Exhibits
SEC8/5/2026material
10-Q filing
SEC8/5/2026
8-K — Shareholder vote results
SEC6/11/2026material
8-K — Executive/director change
SEC6/8/2026material
8-K — Results of operations, Reg FD disclosure, Exhibits
SEC5/6/2026material
10-Q filing
SEC5/6/2026
8-K — Executive/director change, Exhibits
SEC4/10/2026material
8-K — Executive/director change
SEC3/20/2026material
8-K — Results of operations, Reg FD disclosure, Exhibits
SEC2/18/2026material
10-K filing
SEC2/18/2026
8-K — Executive/director change, Exhibits
SEC2/18/2026material

2025

8-K — Results of operations, Reg FD disclosure, Exhibits
SEC11/5/2025material
10-Q filing
SEC11/5/2025
8-K — Results of operations, Reg FD disclosure, Exhibits
SEC8/6/2025material
10-Q filing
SEC8/6/2025

In the news

Education and discussion only — not investment advice. Financials from official filings (SEC/BSE) and reported company statements; market figures (delayed market data) are delayed and shown for reference only. Verify with the linked sources before acting.