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Remitly Global profit margin RELY

Gross, operating and net profit as a share of revenue over the last twelve months, from 2021.

Net margin, 12 months
16.9%
Operating margin, 12 months
9.5%
Net margin on a year earlier
+15.9 pts
Peer median
18.5%

Over the twelve months to Jun 30, 2026, Remitly Global kept 16.9% of its revenue as net profit, with an operating margin of 9.5% and a gross margin of 61.5%.

Five years earlier its net margin was −5.8%.

The median for 10 credit services stocks of a similar size is 18.5%.

Profit margin over time

GrossOperatingNet

Open the interactive chart, with overlays and comparisons

Fiscal year by fiscal year

Fiscal yearNet marginOperating marginGross margin
FY20254.2%4.7%60.2%
FY2024−2.9%−3.1%59.2%
FY2023−12.5%−12.1%56.4%
FY2022−17.4%−18.5%50.0%
FY2021−8.5%−8.7%48.3%
FY2020n/an/an/a

Quarter by quarter

QuarterEndedNet margin, 12 monthsChange on a yearOperating margin
Q2 FY2616.9%+15.9 pts9.5%
Q1 FY266.1%+6.5 pts6.9%
Q4 FY254.2%+7.1 pts4.7%
Q3 FY251.4%+7.0 pts2.3%
Q2 FY251.0%+10.6 pts1.6%
Q1 FY25−0.3%+10.6 pts−0.5%
Q4 FY24−2.9%+9.6 pts−3.1%
Q3 FY24−5.6%+6.1 pts−5.6%
Q2 FY24−9.6%+2.9 pts−9.6%
Q1 FY24−11.0%+5.5 pts−10.5%
Q4 FY23−12.5%+5.0 pts−12.1%
Q3 FY23−11.7%+6.9 pts−12.2%

Against its peers

Companies in Financial - Credit Services nearest Remitly Global's size, closest first, today.

CompanyProfit margin
RELYRemitly Global16.9%
FIGRFigure Technology Solutions33.5%
AMTMAmentum1.4%
CACCCredit Acceptance21.5%
DAVEDave34.6%
SEZLSezzle30.4%
NNINelnet25.8%
OMFOneMain15.4%
EXLSExlService11.2%
PAYPaymentus6.2%
WEXWEX12.6%
Peer median18.5%

Where Remitly Global ranks

What the profit margin tells you

Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).

Compare within an industry. 10% is superb for a retailer and poor for a software company.

More on Remitly Global

Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.