RELY · XBRL financial data
Remitly Global financial statements, every fiscal year
The same tables from 5 filings, lined up. Matched by XBRL tag: renamed lines keep their history.
How these numbers work
- Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
- Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
- * marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
- 0 means a filing states zero; a dash (—) means no filing states that number.
- “year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
- Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
- Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
- Shares outstanding come from each filing's cover page, as of the date printed there.
- Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.
Income statement
CSVFiscal years (RELY's year ends in late December)
| In millions of dollars | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|---|---|---|
| Revenue from contracts with customers | 459 | 654 | 944 | 1,264 | 1,635 |
| Research and development | 64 | 139 | 220 | 270 | 314 |
| General and administrative | 71 | 131 | 179 | 196 | 225 |
| Operating income (loss) | (40) | (121) | (114) | (39) | 77 |
| Interest income | 0 | 4 | 7 | 8 | 8 |
| Interest expense | 1 | 1 | 2 | 3 | 8 |
| Other income (expense) | 3 | 5 | (3) | 4 | (6) |
| Income tax expense (benefit) | 1 | 1 | 6 | 7 | 4 |
| Net income (loss) | (39) | (114) | (118) | (37) | 68 |
| Earnings per share, basic USD per share | (0.64) | (0.68) | (0.65) | (0.19) | 0.33 |
| Earnings per share, diluted USD per share | (0.64) | (0.68) | (0.65) | (0.19) | 0.31 |
| Weighted average shares, basic millions of shares | 61 | 168 | 181 | 195 | 206 |
| Weighted average shares, diluted millions of shares | 61 | 168 | 181 | 195 | 218 |
Balance sheet
CSVFiscal years (RELY's year ends in late December)
| In millions of dollars | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|---|---|---|
| Cash and cash equivalents | 403 | 301 | 324 | 368 | 542 |
| Prepaid and other current assets | 17 | 19 | 33 | 47 | 46 |
| Total current assets | 608 | 669 | 932 | 898 | 1,316 |
| Property and equipment, net | 9 | 12 | 16 | 32 | 62 |
| Right-of-use asset | 5 | 9 | 10 | 13 | 12 |
| Goodwill | — | 0 | 55 | 55 | 55 |
| Total assets | 626 | 696 | 1,036 | 1,013 | 1,459 |
| Accounts payable | 1 | 7 | 35 | 16 | 28 |
| Accrued liabilities | 67 | 88 | 146 | 117 | 142 |
| Total current liabilities | 142 | 209 | 367 | 329 | 399 |
| Long-term debt | — | 0 | 130 | 0 | 155 |
| Lease liability, non-current | 3 | 6 | 4 | 9 | 28 |
| Total liabilities | 145 | 216 | 507 | 347 | 590 |
| Accumulated deficit | (259) | (373) | (491) | (528) | (460) |
| Total stockholders' equity | 480 | 480 | 529 | 665 | 869 |
| Total liabilities and equity | 626 | 696 | 1,036 | 1,013 | 1,459 |
| Common shares outstanding (cover page) millions of shares | 166 | 174 | 189 | 201 | 211 |
Cash flows
CSVFiscal years (RELY's year ends in late December)
| In millions of dollars | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|---|---|---|
| Net income (loss) | (39) | (114) | (118) | (37) | 68 |
| Stock-based compensation | 17 | 95 | 137 | 152 | 155 |
| Depreciation and amortization | 5 | 7 | 13 | 18 | 25 |
| Net cash from operating activities | (18) | (105) | (54) | 194 | 325 |
| Purchases of property and equipment | 2 | 4 | 3 | 6 | 29 |
| Net cash from investing activities | (5) | (7) | (50) | (18) | (70) |
| Proceeds from issuing common stock | 305 | 0 | 0 | — | — |
| Share repurchases | 0 | — | 0 | 0 | 24 |
| Repayments of long-term debt | 0 | 0 | 17 | — | — |
| Net cash from financing activities | 238 | 11 | 127 | (127) | (90) |
| Net change in cash | 215 | (103) | 24 | 45 | 174 |
Compare with peers
SIC 7389 and related industry codes, similar size. Each row is the latest quarter reported.
How peers are chosen
- SIC 7389 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
- Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
- Runway shows only for companies burning cash with under $10B of public float.
- * marks a quarter worked out from the filing totals: for a 10-Q, the year-to-date total less the earlier one.
- A cell reading “not reported” means the filings give no figure for that quarter alone.
| Company | Cash ($M) | Revenue, quarter ($M) | Operating cash flow, quarter ($M) | Shares outstanding | Runway | Quarter |
|---|---|---|---|---|---|---|
| Remitly Global | 669 | 510 | 93* | 214.0M | — | 10-QSep 30, 2026 |
| Sezzle | 80 | 150 | 52* | 33.7M | — | 10-QJun 30, 2026 |
| Concentrix | 245 | 2,454 | 268* | 61.1M | — | 10-QAug 31, 2026 |
| Mobility Global | 186 | 468 | not reported | 294.8M | — | 10-QJun 30, 2026 |
| Alight | 212 | 500 | 29* | not reported | — | 10-QSep 30, 2026 |
| ACV Auctions | 242 | 214 | (35)* | 169.8M | 6.8 quarters | 10-QJun 30, 2026 |
| Western Union | 1,098 | 969 | not reported | 312.1M | — | 10-QSep 30, 2026 |
| Maximus | 57 | 1,279 | (125)* | 52.4M | 0.5 quarters | 10-QJun 30, 2026 |
| CBIZ | 18 | 702 | 25* | 55.1M | — | 10-QSep 30, 2026 |
Not investment advice. Not affiliated with the U.S. SEC.