Remitly Global (RELY) Q3 2025 Earnings
How Did RELY Stock React to Q3 2025 Earnings?
S&P 500 over the same 30 days: +1.90%.
Did RELY Beat Earnings? Q3 2025 Results
No. Remitly Global reported Q3 2025 earnings of $0.04 a share on Nov 5, 2025, missing the $0.18 consensus estimate by 77.4%. Revenue was $419.5M against a $413.7M estimate.
Remitly Global posted a mixed third quarter for fiscal 2025, beating on revenue but falling well short of profit expectations as the digital remittance company navigated the tension between accelerating growth and near-term earnings delivery. Revenue of $419.49 million grew 24.6% year over year, edging past the $413.73 million consensus estimate by 1.39%, fueled by a 35% surge in send volume to $19.50 billion and a 21% rise in quarterly active customers to 8.9 million. However, GAAP earnings per share of $0.04 missed the $0.18 consensus by a steep 77.40%, even as GAAP net income improved to $8.83 million from $1.92 million a year ago, and Adjusted EBITDA climbed to $61.18 million with a 14.6% margin. Despite the profit shortfall, management raised its full-year 2025 revenue outlook to $1.62 billion–$1.62 billion, reflecting 28% growth, and lifted Adjusted EBITDA guidance to $234 million–$236 million; the stock nonetheless touched a 52-week low, signaling that investors remain cautious about the pace of bottom-line improvement.
- 35% year-over-year growth in send volume to $19.5 billion
- 21% year-over-year growth in quarterly active customers to 8.9 million
- 40% YoY growth in send volume for customers sending $1K+
- 200 basis point YoY mix shift toward customers sending $1K+
- Efficiencies in digital and brand marketing along with word of mouth
- Product improvements driving lower customer support contact rates
- Increasing automation including AI-driven virtual assistant
- Rigorous discipline on hiring and non-headcount spend
“In Q3, we built on the momentum from last quarter, delivering innovation across the product portfolio.”
Remitly Global CEO, on the earnings call
What Was Remitly Global's Outlook in Q3 2025?
Remitly raised its full-year 2025 revenue outlook to $1.619 billion–$1.621 billion (up from $1.610 billion–$1.620 billion), representing 28% year-over-year growth. Full-year 2025 Adjusted EBITDA guidance was raised to $234 million–$236 million (up from $225 million–$230 million). GAAP net income is expected to be positive for full-year 2025. For Q4 2025, the company expects revenue of $426 million–$428 million (21%–22% YoY growth) and Adjusted EBITDA of $50 million–$52 million, with positive GAAP net income.
RELY YoY Financials
| Metric | Q3 2025 | Q3 2024 | Year over year |
|---|---|---|---|
| Revenue | $419.5M | $336.5M | +24.7% |
| Gross Profit | $272.8M | $199.2M | +37.0% |
| Operating Income | $11.8M | $368,000 | +3,100.3% |
| Net Income | $8.8M | $1.9M | +360.6% |
Figures from SEC filings and company reports. Not investment advice.