RELY is the ticker symbol for Remitly Global, Inc., a publicly traded Industrials sector company listed on Nasdaq. 13F Pro tracks RELY with AI-powered analysis, an AI quality score, SEC EDGAR financials, insider transactions, and institutional 13F holdings — all sourced directly from public SEC filings.

Is RELY a good stock to buy?

13F Pro's AI ranking engine scores RELY at 72.3/100, ranked #156 of 2,925 stocks on a composite quality score built from its SEC filings, covering profitability, growth, balance sheet strength, and free cash flow. The full AI verdict and bull/bear case for RELY is available at https://13fpro.ai/company/RELY. Not investment advice — review the underlying SEC filings before making any trade.

Where does 13F Pro source RELY data?

All Remitly Global, Inc. fundamentals and ownership data come directly from SEC EDGAR. Remitly Global, Inc. files with the SEC under CIK 1782170. 13F Pro ingests XBRL financial facts from 10-K and 10-Q filings, Form 13F-HR institutional holdings, and Form 4 insider transactions, with no third-party rewrites or estimates.

Remitly Global, Inc. RELY

NasdaqMid CapIndustrials

13F Pro quality score

Rank #156 of 2,925TOP 10%

Why it scores 72 Industrials peers →

Rankings refresh quarterly once 80% of peers have filed. Next update: ~Nov 14, 2026.

Revenue

$495.16M

Quarter to Jun 30

Net income

$205.91M

Quarter to Jun 30

Free cash flow

$133.44M

Quarter to Jun 30

Operating margin

13.5%

Quarter to Jun 30

Top Institutional Holders

as of Q2 2026

$4.11B total

FMR LLC

$487.70M+102.7%

BlackRock, Inc.

$410.75M+24.8%

BAILLIE GIFFORD & CO

$277.52M+4.8%

VANGUARD PORTFOLIO MANAGEMENT LLC

$231.25M+38.3%

GOLDMAN SACHS GROUP INC

$191.07M+273.6%

VANGUARD CAPITAL MANAGEMENT LLC

$179.16M+6.2%

STATE STREET CORP

$154.03M+77.1%

GENERATION INVESTMENT MANAGEMENT LLP

$109.64M-36.4%

GEODE CAPITAL MANAGEMENT, LLC

$106.74M+11.1%

MARSHALL WACE, LLP

$106.62M-25.7%

Divisadero Street Capital Management, LP

$83.34M+253.0%

DIMENSIONAL FUND ADVISORS LP

$77.25M+9.9%

Capital International Investors

$66.91M+13.2%

WELLINGTON MANAGEMENT GROUP LLP

$63.69M-2.2%

Lead Edge Capital Management, LLC

$60.23M-28.7%

MORGAN STANLEY

$54.41M+140.5%

ARROWSTREET CAPITAL, LIMITED PARTNERSHIP

$54.32M-48.8%

D. E. Shaw & Co., Inc.

$49.78M-4.7%

AQR CAPITAL MANAGEMENT LLC

$44.91M+1.3%

FULLER & THALER ASSET MANAGEMENT, INC.

$44.34M+2.3%

NORTHERN TRUST CORP

$43.12M+23.7%

Nuveen, LLC

$40.62M+45.7%

CHARLES SCHWAB INVESTMENT MANAGEMENT INC

$37.45M+18.5%

OBERWEIS ASSET MANAGEMENT INC/

$35.19M+8.0%

Siren, L.L.C.

$34.58M0.0%

See all 352 institutional holders →

What's Driving RELY's Business? Latest 10-Q Breakdown

38/38 datapoints verified

AI-extracted from the 10-Q filed 2026-08-05 — Q2 FY2026 (quarter ended June 30, 2026). Every figure is machine-verified against the filing text on SEC EDGAR.

Revenue rose 20% to $495.2M and operating income jumped 355% to $66.7M, while a $140.6M U.S. valuation allowance release lifted net income to $205.9M.

Biggest Revenue Drivers

United States$336.8M

Sending-customer geography; company-wide growth driven by 20% increase in active customers to 10.2 million and strong retention

Rest of world$115.0M

Customers primarily send from the United Kingdom and other European countries; product and geographic expansion added corridors

Biggest Revenue Drivers

Total revenue: $495.2M+20% YoY

United States$336.8M

Sending-customer geography; company-wide growth driven by 20% increase in active customers to 10.2 million and strong retention

Rest of world$115.0M

Customers primarily send from the United Kingdom and other European countries; product and geographic expansion added corridors

Canada$43.3M

Significant portion of international operations conducted in Canadian dollars, exposing results to translation effects

Largest Expense Items

Transaction expenses$161.2M+12% YoY

$19.6M (18%) increase in direct processing and disbursement costs, partially offset by a $3.5M decrease in provision for transaction losses

Marketing$104.4M+23% YoY

$19.1M increase in advertising expense, including online and offline marketing spend and promotion costs to acquire new customers

Technology and development$74.0M-4% YoY

$7.4M decrease in personnel-related costs, partially offset by a $5.3M increase in cloud software costs supporting incremental volume

General and administrative$55.9M-6% YoY

$3.9M decrease in provisions related to collectability of amounts due from certain processing partners

Margins: Transaction expenses fell to 33% of revenue from 35%, technology and development to 15% from 19% on AI-driven efficiencies, and G&A to 11% from 14%; marketing held at 21%.

Watch Items from the Filing

Net income of $205.9M includes a $140.6M discrete tax benefit from releasing the full U.S. valuation allowance — a non-recurring item; pre-tax income was $64.6M.
Send volume grew 27% to $23.5 billion while revenue grew 20%, and sales incentives reducing revenue rose to $14.2M from $11.3M.
Restructuring charges of $4.2M in the quarter and $15.8M year-to-date cover severance and lease exits in Israel and Ireland, expected complete by December 31, 2026.
Disbursement prefunding of $234.6M is held by partners typically located in India, Mexico, and the Philippines, concentrating credit and counterparty risk.
No individual customer represented 10% or more of revenue; $110.5M remains under the $200.0M repurchase program and no borrowings were outstanding at quarter end.

AI-extracted and verified against SEC EDGAR filing text. Not investment advice.

Read the full 10-Q on SEC EDGAR →

Key Metrics

Revenue

Q2 2026

EDGAR

Net Income

Q2 2026

EDGAR

EPS (Diluted)

Q2 2026

EDGAR

Operating Margin

Q2 2026

EDGAR

ROIC

Q2 2026

EDGAR

Free Cash Flow

Q2 2026

EDGAR

Debt/Equity

Q2 2026

EDGAR

Financial Trends

Revenue & Net Income

13fpro.ai/company/RELY

Earnings Per Share

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Remitly Global, Inc. reported revenue, net income and margins by fiscal period, from SEC filings.
Period	Form	Revenue	Net income	Op. marginOperating margin
FY 2025	10-K	$1.6B	$67.9M	4.7%
FY 2024	10-K	$1.3B	$-37.0M	-3.1%
FY 2023	10-K	$944.3M	$-117.8M	-12.1%
FY 2022	10-K	$653.6M	$-114.0M	-18.5%
FY 2021	10-K	$458.6M	$-38.8M	-8.7%
FY 2020	10-K	$257.0M	$-32.6M	-11.4%

About Remitly Global, Inc. (RELY): stock profile, AI score and financials

Remitly Global, Inc. (RELY) stock profile, AI quality score, and SEC EDGAR financial data, a Industrials sector company. 13F Pro's AI-powered ranking engine scores RELY at 72.3/100 on a composite quality score built from its SEC filings, placing it at rank #156 of 2,925 stocks — the top 10% of the AI-ranked universe. RELY scores in the top quartile across balance sheet strength (96.9), revenue growth (87.7), profitability (81.1). Shareholder dilution risk is elevated at 16.2/100, reflecting ongoing share issuance or stock-based compensation. Based on the latest XBRL financial filings (Q2 2026), Remitly Global, Inc. reports quarterly revenue of $495.2M, net income of $205.9M, an operating margin of 13.5%. Top institutional holders of RELY by reported 13-F value include FMR, BlackRock, BAILLIE GIFFORD, based on the most recent SEC filings. RELY trades on the Nasdaq exchange and files with the SEC under CIK 1782170. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate RELY daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for Remitly Global, Inc. directly from SEC EDGAR.

Financials through the period ended Jun 30, 2026SEC EDGAR: CIK 1782170 →

Remitly Global, Inc. RELY

Top Institutional Holders

What's Driving RELY's Business? Latest 10-Q Breakdown

Biggest Revenue Drivers

Biggest Revenue Drivers

Largest Expense Items

Watch Items from the Filing

Key Metrics

Financial Trends

Revenue & Net Income

Earnings Per Share

RELY key financials by period

RELY insiders

About Remitly Global, Inc. (RELY): stock profile, AI score and financials

Remitly Global, Inc. RELY

Top Institutional Holders

What's Driving RELY's Business? Latest 10-Q Breakdown

Biggest Revenue Drivers

Key Metrics

Financial Trends

Revenue & Net Income

Earnings Per Share

RELY key financials by period

Companies similar to RELY

RELY insiders

About Remitly Global, Inc. (RELY): stock profile, AI score and financials