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Remitly Delivers First Profitable Year and Leadership Transition

Story Highlights
  • Remitly posted strong 2025 growth, achieving its first full year of GAAP profitability with sharp gains in revenue, send volume, and cash flow.
  • Co-founder Matt Oppenheimer will step aside as CEO in favor of Sebastian Gunningham, a leadership shift intended to accelerate Remitly’s cross-border financial platform ambitions.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Remitly Delivers First Profitable Year and Leadership Transition

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Remitly Global ( (RELY) ) has shared an update.

On February 18, 2026, Remitly reported fourth-quarter and full-year 2025 results that exceeded its prior outlook, marking its first full year of GAAP profitability and underscoring momentum in its cross-border financial services platform. For the fourth quarter, active customers rose 19% to 9.3 million, send volume climbed 35% to $20.8 billion, revenue increased 26% to $442.2 million, and the company swung to net income of $41.2 million with Adjusted EBITDA nearly doubling to $88.6 million.

For full-year 2025, send volume jumped 37% to $74.9 billion, revenue grew 29% to $1.6 billion, and Remitly generated net income of $67.9 million alongside a 93% surge in Adjusted EBITDA to $272.2 million and significantly stronger operating and free cash flow. Alongside these results, co-founder Matt Oppenheimer announced he would transition from CEO to chairman as former Amazon executive Sebastian Gunningham takes over as chief executive, a leadership change that aims to accelerate execution and solidify Remitly’s push to become a “generational” cross-border financial platform.

The most recent analyst rating on (RELY) stock is a Buy with a $18.00 price target. To see the full list of analyst forecasts on Remitly Global stock, see the RELY Stock Forecast page.

Spark’s Take on RELY Stock

According to Spark, TipRanks’ AI Analyst, RELY is a Neutral.

Remitly Global’s strong financial performance and positive earnings call sentiment are offset by high valuation concerns and bearish technical indicators. The company’s growth trajectory is promising, but investors should be cautious of external risks and high valuation.

To see Spark’s full report on RELY stock, click here.

More about Remitly Global

Remitly Global, Inc., listed on Nasdaq as RELY, is a digital financial services provider focused on cross-border money transfers and broader immigrant-focused financial solutions. The Seattle-based company serves millions of active customers sending remittances worldwide, positioning itself as a growing platform for cross-border financial services at scale.

Average Trading Volume: 3,049,154

Technical Sentiment Signal: Sell

Current Market Cap: $2.67B

For an in-depth examination of RELY stock, go to TipRanks’ Overview page.

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