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
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin | Gross margin |
|---|---|---|---|
| FY2025 | 4.2% | 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% |
| FY2020 | n/a | n/a | n/a |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year | Operating margin |
|---|---|---|---|---|
| Q2 FY26 | 16.9% | +15.9 pts | 9.5% | |
| Q1 FY26 | 6.1% | +6.5 pts | 6.9% | |
| Q4 FY25 | 4.2% | +7.1 pts | 4.7% | |
| Q3 FY25 | 1.4% | +7.0 pts | 2.3% | |
| Q2 FY25 | 1.0% | +10.6 pts | 1.6% | |
| 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.
| Company | Profit margin |
|---|---|
| RELYRemitly Global | 16.9% |
| FIGRFigure Technology Solutions | 33.5% |
| AMTMAmentum | 1.4% |
| CACCCredit Acceptance | 21.5% |
| DAVEDave | 34.6% |
| SEZLSezzle | 30.4% |
| NNINelnet | 25.8% |
| OMFOneMain | 15.4% |
| EXLSExlService | 11.2% |
| PAYPaymentus | 6.2% |
| WEXWEX | 12.6% |
| Peer median | 18.5% |
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.