Remitly Global (RELY) Q2 2025

Q1 2026 Q4 2025 Q3 2025 Q2 2025

Earnings

Remitly Global posted a mixed second quarter for 2025, delivering a revenue beat that masked a significant earnings shortfall as the digital remittance company continues investing aggressively in its next growth phase. Revenue of $411.85 million topp… Read more Remitly Global posted a mixed second quarter for 2025, delivering a revenue beat that masked a significant earnings shortfall as the digital remittance company continues investing aggressively in its next growth phase. Revenue of $411.85 million topped the $384.46 million consensus by 7.13% and climbed 34.4% year-over-year, fueled by a 40% surge in send volume to $18.50 billion and a 24% rise in quarterly active customers to 8.5 million. However, GAAP earnings per share of $0.03 fell well short of the $0.18 consensus estimate, a miss of 83.67%, even as the company swung to GAAP net income of $6.54 million from a year-ago loss of $12.09 million. Adjusted EBITDA expanded 144% to $64.00 million, driven largely by marketing efficiencies and AI-powered cost reductions across customer support. The company is also pushing into small business payments, a segment it sees dramatically expanding its addressable market. Management lifted full-year revenue guidance to $1.61 billion–$1.62 billion and raised Adjusted EBITDA guidance to $225 million–$230 million, projecting positive GAAP net income for the full year.