Remitly Global, Inc.

$13.11

$-0.11 (-0.83%)

Jan 5, 2026

Price History (1Y)

Analysis

Remitly Global, Inc. operates in the Technology sector, specifically within the Software - Infrastructure industry. The company has a significant scale with a market capitalization of $2.74 billion and annual revenue of $1.54 billion, employing approximately 2800 individuals. From a financial perspective, Remitly Global, Inc.'s profitability is relatively low, with gross margins at 59.5%, operating margins at 2.8%, and profit margins at 1.4%. The company's returns on equity and assets are 2.9% and 2.0%, respectively. Remitly Global, Inc.'s balance sheet indicates a manageable level of debt, with $35.49 million in liabilities compared to cash reserves of $476.90 million. Remitly Global, Inc.'s valuation is characterized by a price-to-earnings ratio (TTM) of 145.67 and forward P/E of 13.40. The company has experienced significant revenue growth over the past year, at 24.7%, and earnings growth of 309.3%.

This analysis is AI-generated for informational purposes only and should not be considered financial advice. Data may be delayed or inaccurate. Always do your own research and consult a qualified financial advisor before making investment decisions.

About Remitly Global, Inc.

Remitly Global, Inc. 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.

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Key Statistics

Market Cap
$2.74B
P/E Ratio
145.67
52-Week High
$27.32
52-Week Low
$12.08
Avg Volume
3.76M
Beta
0.11

Company Info

Exchange
NMS
Country
United States
Employees
2,800