NASDAQ$RELY

Remitly Global Inc · Q2 2025 earnings

Q2 2025 earnings · · After market close · Investor relations

Briefing

Remitly Global Inc reported strong revenue growth and returned to profitability in Q2 2025.

Revenue reached $411.9 million, up 34% year-over-year, driven by a 24% increase in active customers and 40% growth in send volume. The company achieved net income of $6.5 million and operating income of $14.6 million, reversing the prior-year loss. Cash and cash equivalents stood at $515.9 million at quarter end.

  • Active customers grew 24% to 8.5 million, reflecting continued customer acquisition and retention strength.
  • Send volume increased 40% to $18.5 billion, supported by expansion across send and receive corridors.
  • Net income turned positive to $6.5 million from a $12.1 million loss in Q2 2024.
  • Geographic revenue diversification continued with the U.S. contributing 66% of total revenue.

Headline financials

Total Revenue

$412M

Previous: $306M+34.4%
EPS (adj)

$0.03

Previous: -$0.06+150.0%
Active customers

8.5M

Previous: 6.9M+23.3%
Send volume

$18.5B

Previous: $13.2B+40.0%
Capital Expenditures

-$26.6M

Previous: -$2.08M-1179.0%
Net Income

$6.54M

Previous: -$12.1M+154.1%
Operating Income

$14.6M

Previous: -$15.8M+192.9%
Cash & Equivalents

$516M

Previous: $185M+178.6%
Total Assets

$1.17B

Previous: $950M+22.7%

Revenue & EPS history

Remit Global · Revenue · Quarterly

$412M

Q2 2025+34.4%vs Q2 2024
Beat estimate in 10 of 16 quarters(63%)
ActualEstimate

Forward guidance

Management highlighted continued focus on product innovation, corridor expansion, and operational efficiency amid evolving macroeconomic conditions.

Tailwinds

  • Strong customer engagement and retention driving recurring revenue.
  • Diversification across send and receive countries reducing concentration risk.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports

Historical avg

+2.1%

Avg return

Earnings day

-0.3%

Avg return

5 days after

-2.4%

Avg return

30 days after

52%

12 / 23 earnings

Positive

+25.7%

Q4 2025

Best reaction

-30.2%

Q3 2023

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q2 2025———
Q1 2026-4.1%+0.5%-20.9%
Q4 2025+25.7%+19.0%+12.8%
Q3 2025-3.1%-0.6%-16.8%
Q1 2025+14.5%+14.8%+2.1%
Q4 2024-0.5%-7.3%-21.5%
Q3 2024+20.6%+27.0%+37.9%
Q2 2024+1.5%-2.8%+0.8%
Q1 2024-13.6%-13.6%-27.1%
Q4 2023+15.9%+16.8%+15.4%
Q3 2023-30.2%-26.7%-22.3%
Q2 2023+12.0%+11.8%+29.0%
Q1 2023+8.0%+7.4%+13.3%
Q4 2022+23.2%+20.9%+46.0%
Q3 2022-12.5%-18.5%-10.2%
Q2 2021+1.6%+3.7%+2.3%
Q2 2022+14.8%+9.3%+3.7%
Q1 2021+21.7%+28.2%+28.0%
Q1 2022-29.1%-37.5%+5.4%
Q4 2019+1.5%+3.7%+11.2%
Q4 2021-1.3%-20.0%-25.7%
Q3 2020-0.6%-12.5%-36.0%
Q4 2020-0.6%-12.5%-36.0%
Q3 2021-17.9%-18.3%-47.5%
Q2 2020———
Q1 2020———
Q4 2017———
Q3 2017———
Q2 2017———
Q1 2017———
Q4 2016———
Q3 2016———
Q2 2016———
Q1 2016———
Q4 2015———
Q3 2015———
Q2 2015———
Q1 2015———
Q4 2014———
Q3 2014———
Q2 2014———
Q1 2014———
Q4 2013———
Q3 2013———
Q2 2013———
Q1 2013———
Q4 2012———
Q3 2012———
Q2 2012———
Q1 2012———
Q4 2011———
Q3 2011———
Q2 2011———
Q1 2011———
Q1 2010———
Q2 2010———
Q3 2010———
Q4 2010———

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