Financials in USD. Standardized financial statements.
A compact view of how Remitly Global, Inc. turns revenue into operating income and net income.
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue? | $1.64B | $1.26B | $944.28M | $653.56M | $458.61M | $256.96M | $126.57M | $1.35B | $1.25B | $1.15B |
| Revenue Growth? | +29.4% | +33.9% | +44.5% | +42.5% | +78.5% | +103.0% | -90.6% | +7.7% | +9.1% | 0.0% |
| Cost of Revenue? | $700.77M | $515.52M | $411.63M | $326.93M | $237.13M | $135.84M | $73.30M | $1.29B | $1.18B | $1.07B |
| Gross Profit? | $934.37M | $748.44M | $532.65M | $326.63M | $221.47M | $121.11M | $53.26M | $59.10M | $66.70M | $74.90M |
| Gross Margin? | +57.1% | +59.2% | +56.4% | +50.0% | +48.3% | +47.1% | +42.1% | +4.4% | +5.3% | +6.5% |
| Operating Expenses? | $852.73M | $787.53M | $646.85M | $447.66M | $261.20M | $150.30M | $103.87M | $54.70M | $63.40M | $58.00M |
| Operating Income? | $81.65M | -$39.09M | -$114.19M | -$121.04M | -$39.72M | -$29.18M | -$50.60M | -$129.30M | -$68.80M | $17.40M |
| EBITDA? | $104.27M | -$8.96M | -$96.47M | -$104.95M | -$31.20M | -$26.15M | -$46.87M | -$76.60M | -$14.00M | $63.40M |
| Income Before Tax | $71.63M | -$30.25M | -$111.94M | -$112.98M | -$37.71M | -$31.40M | -$51.13M | -$128.60M | -$103.80M | -$40.80M |
| Income Tax Expense | $3.69M | $6.73M | $5.90M | $1.04M | $1.04M | $1.16M | $259,000 | -$7.80M | -$600,000 | -$9.10M |
| Net Income? | $67.93M | -$36.98M | -$117.84M | -$114.02M | -$38.76M | -$32.56M | -$51.39M | -$120.80M | -$103.20M | -$31.70M |
| EPS? | $0.33 | $-0.19 | $-0.65 | $-0.68 | $-0.64 | $-0.21 | $-0.42 | $-4.17 | $-3.57 | $-1.09 |
| Diluted EPS? | $0.31 | $-0.19 | $-0.65 | $-0.68 | $-0.64 | $-0.20 | $-0.42 | $-4.17 | $-3.57 | $-1.09 |
Revenue, profitability, margins, EPS, and share-count trends over time.
Top-line demand and scale over time
Profit left after direct production costs
Core business profitability before financing and tax
Bottom-line profit after all expenses
Profit allocated to each diluted share
Share count trend that affects EPS quality
Gross, operating, and net margin quality