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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