Is Remitly Global (RELY) overvalued or fairly valued?

MarketChacha shows Remitly Global's valuation in context — a trailing P/E of about 65.9, a forward P/E of about 14.0, a price-to-book of about 5.3 — 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 $23.06 (-3.3% on the day), as of 7/22/2026 — a delayed quote shown for education, not investment advice.

Remitly Global

RELY · NYSE · Financials · United States

$23.06-3.3%

Delayed · as reported by Yahoo Finance · as of Jul 22, 2026, 7:35 PM

Snapshot

TickerRELY

ExchangeNYSE

SectorFinancials

IndustrySoftware - Infrastructure

CountryUnited States

Employees3,200

HeadquartersSeattle, United States

Market cap$4.9B

P/E (TTM)65.9

P/B5.3

Volume1.18M

Websitewww.remitly.com

Filings tracked5

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.

Profile as reported by Yahoo Finance.

Who owns it

Insiders5.4%
Institutions85.3%
Public & other9.3%

410 institutional holders

As reported by Yahoo Finance.

Top holders

Blackrock Inc.6.97%
Naspers Ltd.6.38%
BAILLIE GIFFORD & CO5.61%
FMR, LLC5.10%
Generation Investment Management LLP3.65%
Vanguard Capital Management LLC3.57%
Vanguard Portfolio Management LLC3.54%
Marshall Wace LLP3.04%

Largest institutional holders, as reported by Yahoo Finance (as of 3/31/2026).

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 $504.5M · EPS 0.30

Est. earnings growth +64.9%

Next fiscal year

Rev $2.3B · EPS 1.65

Est. earnings growth +19.6%

Analyst consensus estimates — not the company's own guidance. As reported by Yahoo Finance.

$12.0852-wk range$25.75

Delayed · as reported by Yahoo Finance

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Financials at a glance

Source: SEC XBRL

Annual

Quarterly · last 8

Market cap

$4.9B

Day change

-3.3%

P/E (TTM)

65.9

Fwd P/E

14.0

P/B

5.3

Beta

0.34

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

Market figures: Delayed · as reported by Yahoo Finance. Financials as reported in company filings.

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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
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 — 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

In the news

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