Remitly Global Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	1,726	1,635	1,264	944.29	653.56	458.61
Revenue Growth (YoY)	27.27%	29.37%	33.85%	44.48%	42.51%	78.48%
Cost of Revenue	573.03	549.48	431.6	329.11	258.83	191.61
Gross Profit	1,153	1,086	832.36	615.17	394.73	267
Selling, General & Admin	688.83	669.26	583.57	496.31	370.33	237.37
Depreciation & Amortization Expenses	25.84	25.03	18.05	13.12	6.72	5.26
Research & Development	319.66	313.91	269.82	219.94	138.72	64.09
Total Operating Expenses	1,034	1,008	871.45	729.37	515.77	306.72
Operating Income	118.98	77.47	-39.09	-114.2	-121.04	-39.72
Interest Income	7.57	7.7	8.08	7.45	4.15	0.14
Interest Expense	-8.75	-7.61	-3.24	-2.35	-1.3	-1.26
Other Non-Operating Income (Expense)	-9.03	-5.93	4	-2.84	5.21	3.13
Total Non-Operating Income (Expense)	-10.21	-5.84	8.84	2.26	8.06	2.01
Pretax Income	108.76	71.63	-30.25	-111.94	-112.98	-37.71
Provision for Income Taxes	3.13	3.7	6.73	5.9	1.04	1.04
Net Income	105.63	67.93	-36.98	-117.84	-114.02	-38.76
Net Income to Common	105.63	67.93	-36.98	-117.84	-114.02	-38.76
Shares Outstanding (Basic)	208	206	195	181	168	61
Shares Outstanding (Diluted)	217	218	195	181	168	61
Shares Change (YoY)	6.45%	11.78%	7.65%	7.78%	176.27%	183.00%
EPS (Basic)	0.50	0.33	-0.19	-0.65	-0.68	-0.64
EPS (Diluted)	0.49	0.31	-0.19	-0.65	-0.68	-0.64
Free Cash Flow	252.62	295.65	105.6	63.95	-112.34	-20.35
Free Cash Flow Growth	-14.56%	179.98%	65.13%	-	-	-
Free Cash Flow Per Share	1.16	1.36	0.54	0.35	-0.67	-0.34
Gross Margin	66.81%	66.40%	65.85%	65.15%	60.40%	58.22%
Operating Margin	6.89%	4.74%	-3.09%	-12.09%	-18.52%	-8.66%
Profit Margin	6.12%	4.15%	-2.93%	-12.48%	-17.45%	-8.45%
FCF Margin	14.63%	18.08%	8.35%	6.77%	-17.19%	-4.44%
EBITDA	174.46	124.23	-22.61	-100.5	-114.31	-34.47
EBITDA Margin	10.11%	7.60%	-1.79%	-10.64%	-17.49%	-7.52%
EBIT	118.98	77.47	-39.09	-114.2	-121.04	-39.72
EBIT Margin	6.89%	4.74%	-3.09%	-12.09%	-18.52%	-8.66%
Effective Tax Rate	2.88%	5.16%	-22.24%	-5.27%	-0.92%	-2.77%

SEC Filings: 10-K · 10-Q