📊 RELY Key Takeaways
Is Remitly Global, Inc. (RELY) a Good Investment?
Remitly demonstrates exceptional financial health with 29.4% revenue growth and 263% EPS growth, supported by a fortress balance sheet with $649M cash and zero debt. Strong free cash flow generation ($75.9M, 16.8% FCF margin) indicates business quality, though modest ROE/ROA of 5.4%/3.5% suggests capital efficiency improvements are needed to sustain long-term value creation.
Remitly is delivering strong, durable growth (+29% YoY) with a clear turn to profitability (net income +284% YoY) and robust free cash flow (18% FCF margin). Liquidity and leverage are excellent (3.3x current ratio, 0.18x D/E, 34x interest coverage), providing capacity to invest while expanding margins. Margins are still thin, but operating leverage and cash generation suggest further improvement is achievable.
Why Buy Remitly Global, Inc. Stock? RELY Key Strengths
- Exceptional EPS growth of 263.2% YoY with 29.4% revenue growth demonstrates strong execution and profitable scaling
- Fortress balance sheet with $649.1M cash, zero long-term debt, and 2.84x current ratio provides financial flexibility and downside protection
- Strong free cash flow generation of $75.9M (16.8% FCF margin) with low capex of $6M indicates asset-light, high-quality business model
- Rapid revenue growth with improving operating and net profitability
- Strong cash generation (OCF/FCF) and sizable cash balance
- Conservative balance sheet with low leverage and high interest coverage
RELY Stock Risks: Remitly Global, Inc. Investment Risks
- Low return on equity (5.4%) and assets (3.5%) suggests capital efficiency concerns or growth investments not yet producing optimal returns
- Sustainability of 29.4% revenue growth rate unclear without multi-year trend analysis; high growth rates are difficult to maintain long-term
- Gross margin not disclosed, limiting visibility into cost structure and margin expansion potential as company scales
- Thin margins may compress from higher marketing, fraud losses, or corridor mix
- Regulatory/AML/KYC complexity across jurisdictions could increase costs or cause disruptions
- Intense competition in remittances may pressure take rates and customer acquisition costs
Key Metrics to Watch
- Revenue growth sustainability - will 29.4% growth rate persist or decelerate in coming quarters?
- Operating margin expansion - can 11.9% margin improve as business achieves greater scale?
- Return on Equity trend - will ROE expand as profit growth accelerates?
- Free cash flow consistency - can 16.8% FCF margin be maintained or improved?
- Operating margin (%)
- Active customers & send volume growth
Remitly Global, Inc. (RELY) Financial Metrics & Key Ratios
💡 AI Analyst Insight
Strong liquidity with a 2.84x current ratio provides a solid financial cushion.
RELY Profit Margin, ROE & Profitability Analysis
RELY vs Services Sector: How Remitly Global, Inc. Compares
How Remitly Global, Inc. compares to Services sector averages
Sector benchmarks are approximate industry averages. Actual sector performance may vary.
Is Remitly Global, Inc. Stock Overvalued? RELY Valuation Analysis 2026
Based on fundamental analysis, Remitly Global, Inc. has mixed fundamental signals relative to the Services sector in 2026.
Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.
Remitly Global, Inc. Balance Sheet: RELY Debt, Cash & Liquidity
RELY Revenue & Earnings Growth: 5-Year Financial Trend
5-Year Trend Summary: Remitly Global, Inc.'s revenue has grown significantly by 257% over the 5-year period, indicating strong business expansion. The most recent EPS of $-0.65 indicates the company is currently unprofitable.
RELY Revenue Growth, EPS Growth & YoY Performance
RELY Quarterly Earnings & Performance
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q1 2026 | $361.6M | $11.4M | $0.05 |
| Q3 2025 | $336.5M | $1.9M | $0.01 |
| Q2 2025 | $306.4M | $6.5M | $0.03 |
| Q1 2025 | $269.1M | $11.4M | $0.05 |
| Q3 2024 | $241.6M | $1.9M | $0.01 |
| Q2 2024 | $234.0M | -$12.1M | $-0.06 |
| Q1 2024 | $203.9M | -$21.1M | $-0.11 |
| Q3 2023 | $169.3M | -$18.9M | $-0.20 |
Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.
Remitly Global, Inc. Dividends, Buybacks & Capital Allocation
RELY SEC Filings: Latest 10-K & 10-Q Analysis
Access official SEC EDGAR filings for Remitly Global, Inc. (CIK: 0001782170)
📋 Recent SEC Filings
| Date | Form | Document | Action |
|---|---|---|---|
| May 21, 2026 | 4 | xslF345X06/wk-form4_1779401574.xml | View → |
| May 15, 2026 | 4 | xslF345X06/wk-form4_1778884043.xml | View → |
| May 15, 2026 | 4 | xslF345X06/wk-form4_1778884002.xml | View → |
| May 15, 2026 | 4 | xslF345X06/wk-form4_1778883971.xml | View → |
| May 13, 2026 | 4 | xslF345X06/wk-form4_1778706113.xml | View → |
❓ Frequently Asked Questions about RELY
What is the AI rating for RELY?
Remitly Global, Inc. (RELY) has a Combined AI Rating of BUY from Claude (BUY) and ChatGPT (BUY) with 78% combined confidence, based on fundamental analysis of SEC EDGAR filings.
What are RELY's key strengths?
Claude: Exceptional EPS growth of 263.2% YoY with 29.4% revenue growth demonstrates strong execution and profitable scaling. Fortress balance sheet with $649.1M cash, zero long-term debt, and 2.84x current ratio provides financial flexibility and downside protection. ChatGPT: Rapid revenue growth with improving operating and net profitability. Strong cash generation (OCF/FCF) and sizable cash balance.
What are the risks of investing in RELY?
Claude: Low return on equity (5.4%) and assets (3.5%) suggests capital efficiency concerns or growth investments not yet producing optimal returns. Sustainability of 29.4% revenue growth rate unclear without multi-year trend analysis; high growth rates are difficult to maintain long-term. ChatGPT: Thin margins may compress from higher marketing, fraud losses, or corridor mix. Regulatory/AML/KYC complexity across jurisdictions could increase costs or cause disruptions.
What is RELY's revenue and growth?
Remitly Global, Inc. reported revenue of $452.8M.
Does RELY pay dividends?
Remitly Global, Inc. does not currently pay dividends.
Where can I find RELY SEC filings?
Official SEC filings for Remitly Global, Inc. (CIK: 0001782170) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.
What is RELY's EPS?
Remitly Global, Inc. has a diluted EPS of $0.23.
How is the AI analysis conducted?
Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.
Is RELY a good stock to buy right now?
Based on our AI fundamental analysis in May 2026, Remitly Global, Inc. has a BUY rating with 78% confidence. The AI analysis suggests favorable fundamentals based on SEC filings. This is not investment advice.
Is RELY stock overvalued or undervalued?
Valuation metrics for RELY: ROE of 5.4% (sector avg: 16%), net margin of 10.8% (sector avg: 10%). Compare these metrics with sector averages to assess valuation.
Should I buy RELY stock in 2026?
Our dual AI analysis gives Remitly Global, Inc. a combined BUY rating for 2026. Revenue is data pending, with profitability above sector average. Always conduct your own research.
What is RELY's free cash flow?
Remitly Global, Inc.'s operating cash flow is $81.9M, with capital expenditures of $6.0M. FCF margin is 16.8%.
How does RELY compare to other Services stocks?
Vs Services sector averages: Net margin 10.8% (avg: 10%), ROE 5.4% (avg: 16%), current ratio 2.84 (avg: 1.5).