What is the 13F Pro Quality Score for RELY?

13F Pro ranks Remitly Global, Inc. (RELY) on the 13F Pro Quality Score, a 0–100 composite of 32 fundamental signals including return on invested capital, free cash flow consistency, balance-sheet strength, earnings quality, growth durability, and valuation discipline. The score refreshes after each 10-K and 10-Q filing on SEC EDGAR. View RELY's current score at https://13fpro.ai/company/RELY (free sign-up required for the full ranking).

Which hedge funds own the most RELY stock?

Based on the most recent Form 13F-HR filings on SEC EDGAR, the largest reported institutional holders of RELY include FMR, BlackRock,, BAILLIE GIFFORD & CO. Holdings are reported quarterly within 45 days of quarter-end and updated on https://13fpro.ai/company/RELY as soon as new 13F filings post.

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.

What sector is RELY in?

Remitly Global, Inc. (RELY) is classified in the Industrials sector. 13F Pro publishes sector-level fund flow analysis and quality leaders at https://13fpro.ai/research/sector/industrials.

What drives RELY's revenue?

Per Remitly Global, Inc.'s latest 10-Q filed with the SEC on 2026-08-05, the biggest revenue drivers are: United States ($336.8M); Rest of world ($115.0M); Canada ($43.3M). Figures are extracted from the filing text and machine-verified against the document. Full breakdown at https://13fpro.ai/company/RELY.

What are RELY's largest expenses?

Remitly Global, Inc.'s latest 10-Q reports these as the largest expense items: Transaction expenses ($161.2M, +12% YoY); Marketing ($104.4M, +23% YoY); Technology and development ($74.0M, -4% YoY). Sourced directly from SEC EDGAR filing text for Q2 FY2026 (quarter ended June 30, 2026).

How often is RELY research updated on 13F Pro?

RELY's fundamentals refresh within hours of each new 10-K or 10-Q filing on SEC EDGAR. Institutional ownership updates after each quarterly 13F filing window. Insider transactions update after each Form 4 filing. The 13F Pro Quality Score recalculates after every fundamentals refresh.

Remitly Global, Inc.(RELY)Stock Analysis

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13F Pro Quality Score

72.5/100

Rank #153 of 2,961 stocksTOP 10%

View Industrials peers →

Rankings refresh quarterly once 80% of peers have filed (~45 days after quarter-end). Next update: ~Nov 14, 2026.

Revenue Growth

88.2/100

Profitability

81.3/100

Balance Sheet

97.0/100

Earnings Quality

49.3/100

Free Cash Flow

74.7/100

Institutional Flow

68.5/100

Revenue Scale

61.1/100

Dilution Risk

16.7/100

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Why RELY Scores 73/100

exact factor attribution · 2026-09-11

RELY's composite is driven by revenue growth and capital efficiency, held back by shareholder dilution. Bars show each factor's exact push vs. a median company, using the same weights the ranking engine applies.

Revenue growth

+7.6 pts

88th pct

Capital efficiency

+4.7 pts

97th pct

Profitability

+4.7 pts

81th pct

Free cash flow

+3.7 pts

75th pct

Scale

+1.7 pts

61th pct

Earnings growth

+0.9 pts

69th pct

Institutional flow

+0.9 pts

69th pct

Earnings quality

-0.1 pts

49th pct

Shareholder dilution

-1.7 pts

17th pct

Latest change (2026-08-05): 66 → 59 · ↓ Capital efficiency 71→47; ↓ Revenue growth 88→74

Factor percentiles are cross-sectional ranks across the ~2,800-stock scored universe, computed from SEC EDGAR filings. Not investment advice.

RELY Stock Analysis & AI Quality Score

Data updated 2026-09-11

AI stock analysis and institutional research for Remitly Global, Inc. (RELY), a Industrials sector company. 13F Pro's AI-powered ranking engine scores RELY at 72.5/100 on a 32-signal composite quality model, placing it at rank #153 of 2,961 stocks — the top 10% of the AI-ranked universe. RELY scores in the top quartile across balance sheet strength (97.0), revenue growth (88.2), profitability (81.3). Shareholder dilution risk is elevated at 16.7/100, 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, free cash flow of $133.4M. 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. Remitly Global, Inc.'s 13F Pro composite quality score has ranged between 37 and 73 since 2022, currently 72.5 — an improving long-term trajectory across 64 quarterly and live scoring snapshots.

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

✓ 38/38 datapoints verified

AI-extracted from Remitly Global, Inc.'s 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 →Share on X

Revenue

Q2 2026

$495.2M

Net Income

Q2 2026

$205.9M

Free Cash Flow

Q2 2026

$133.4M

ROIC

Q2 2026

23.6%

D/E Ratio

Q2 2026

0.00

Period

Revenue & Net Income

Earnings Per Share

Key Financials Over Time

Export Financial Table · Pro

Revenue

+29.4% YoY

$1.64BFY 2025

FY22 $653.6MFY23 $944.3MFY24 $1.26BFY25 $1.64B

Net Income

+283.7% YoY

$67.9MFY 2025

FY22 $-114.0MFY23 $-117.8MFY24 $-37.0MFY25 $67.9M

Operating Income

+298.2% YoY

$77.5MFY 2025

FY22 $-121.0MFY23 $-114.2MFY24 $-39.1MFY25 $77.5M

EPS (Diluted)

+263.2% YoY

$0.31FY 2025

FY22 $-0.68FY23 $-0.65FY24 $-0.19FY25 $0.31

Total Assets

+44.0% YoY

$1.46BFY 2025

FY22 $696.0MFY23 $1.04BFY24 $1.01BFY25 $1.46B

Total Debt

+6294.7% YoY

$157.8MFY 2025

FY22 $0.00FY23 $132.5MFY24 $2.5MFY25 $157.8M

Op. Cash Flow

+191.3% YoY

$325.1MFY 2025

FY22 $-108.7MFY23 $66.8MFY24 $111.6MFY25 $325.1M

Free Cash Flow

+180.0% YoY

$295.7MFY 2025

FY22 $-112.3MFY23 $63.9MFY24 $105.6MFY25 $295.7M

Metric	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Revenue	$1.64B +29.4%	$1.26B +33.9%	$944.3M +44.5%	$653.6M +42.5%	$458.6M +78.5%	$257.0M
Net Income	$67.9M +283.7%	$-37.0M +68.6%	$-117.8M -3.4%	$-114.0M -194.2%	$-38.8M -19.0%	$-32.6M
Operating Income	$77.5M +298.2%	$-39.1M +65.8%	$-114.2M +5.7%	$-121.0M -204.7%	$-39.7M -36.1%	$-29.2M
EPS (Diluted)	$0.31 +263.2%	$-0.19 +70.8%	$-0.65 +4.4%	$-0.68 -6.3%	$-0.64 +57.9%	$-1.52
Total Assets	$1.46B +44.0%	$1.01B -2.3%	$1.04B +48.9%	$696.0M +11.2%	$625.7M +72.4%	$363.0M
Total Debt	$157.8M +6294.7%	$2.5M -98.1%	$132.5M	$0.00	—	—
Operating Cash Flow	$325.1M +191.3%	$111.6M +67.0%	$66.8M +161.5%	$-108.7M -490.8%	$-18.4M +83.9%	$-114.2M
Free Cash Flow	$295.7M +180.0%	$105.6M +65.1%	$63.9M +156.9%	$-112.3M -452.1%	$-20.3M +82.5%	$-116.3M

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Available Research

13F Pro tracks comprehensive data for Remitly Global, Inc. including:

SEC EDGAR filings (10-K, 10-Q, 8-K)

XBRL financial facts (revenue, EPS, margins)

Insider transactions (Form 4)

Institutional 13F holdings

Quality rankings (32 signals)

AI analyst debates & daily meetings

Historical financial trends

Peer comparison & sector analysis

Top Institutional Holders of RELY

FMR LLC
$487.7M21,762,765 sh
BlackRock, Inc.
$410.8M18,328,953 sh
BAILLIE GIFFORD & CO
$277.5M12,383,664 sh
VANGUARD PORTFOLIO MANAGEMENT LLC
$231.3M10,319,076 sh
GOLDMAN SACHS GROUP INC
$191.1M8,525,927 sh
VANGUARD CAPITAL MANAGEMENT LLC
$179.2M7,994,715 sh
STATE STREET CORP
$154.0M6,873,333 sh
GENERATION INVESTMENT MANAGEMENT LLP
$109.6M4,892,320 sh
GEODE CAPITAL MANAGEMENT, LLC
$106.7M4,762,237 sh
MARSHALL WACE, LLP
$106.6M4,757,532 sh

Fund	Value	Shares
FMR LLC	$487.7M	21,762,765
BlackRock, Inc.	$410.8M	18,328,953
BAILLIE GIFFORD & CO	$277.5M	12,383,664
VANGUARD PORTFOLIO MANAGEMENT LLC	$231.3M	10,319,076
GOLDMAN SACHS GROUP INC	$191.1M	8,525,927
VANGUARD CAPITAL MANAGEMENT LLC	$179.2M	7,994,715
STATE STREET CORP	$154.0M	6,873,333
GENERATION INVESTMENT MANAGEMENT LLP	$109.6M	4,892,320
GEODE CAPITAL MANAGEMENT, LLC	$106.7M	4,762,237
MARSHALL WACE, LLP	$106.6M	4,757,532

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Is RELY a good stock to buy?

13F Pro's AI-powered analysis of Remitly Global, Inc. (RELY) draws on SEC EDGAR-sourced fundamentals, institutional 13F holdings, and insider Form 4 transactions in the Industrials sector (listed on Nasdaq). The 32-signal AI Quality Score, current rank, and full bull/bear verdict for RELY are available on the RELY stock profile dashboard — with the same data, AI insights, ratios, and institutional activity refreshed after every 10-K, 10-Q, 13F, and Form 4 filing. RELY is classified as a mid company.

Which hedge funds own RELY?

Institutional investors are required to disclose their holdings quarterly via SEC Form 13F. 13F Pro aggregates these filings to show which hedge funds, mutual funds, and asset managers are buying or selling RELY. Combined with insider transaction data from Form 4 filings and AI-powered analysis from 10 specialized research agents, 13F Pro provides a comprehensive view of Remitly Global, Inc.'s investment landscape.