The earnings call was overwhelmingly positive, with significant growth in revenue, send volume, and successful product innovations such as Remitly Business and Remitly One. Despite a notable fraud incident affecting transaction losses, the company showed strong financial performance and strategic advancements in stablecoin and AI technologies.

Company Guidance -

Q3 2025

During Remitly's Second Quarter 2025 Earnings Conference Call, the company provided extensive guidance on their strategic initiatives and financial performance. Remitly reported a 34% year-over-year increase in revenue, reaching $411.9 million, and an adjusted EBITDA of $64 million, which represents a 16% margin. The company announced the launch of Remitly Business, expanding their total addressable market (TAM) from $2 trillion to over $22 trillion, targeting small businesses and freelancers. They also introduced Remitly One, a membership program for cross-border financial needs, which includes products like Remitly Wallet and Remitly Flex. Furthermore, they are advancing stablecoin initiatives in partnership with Circle and Bridge, positioning themselves as leaders in cross-border financial modernization. Remitly's customer base grew to over 8.5 million, with a 40% increase in send volume, totaling $18.5 billion. The company raised its full-year revenue outlook to between $1.61 billion and $1.62 billion, reflecting a growth rate of 27% to 28%, and expects to maintain positive GAAP net income for the full year.

Record Send Volume Growth

Send volume grew 40% to $18.5 billion, with send volume per active customer increasing a record 12% year-over-year.

Strong Financial Performance

Second quarter revenue was $411.9 million, up 34% year-over-year, and adjusted EBITDA was $64 million, representing a 16% margin.

Remitly Business Expansion

Remitly Business expanded its TAM from approximately $2 trillion to over $22 trillion, targeting freelancers and small businesses.

Launch of Remitly One Membership

Introduction of Remitly One, a membership program that includes Remitly Wallet and Remitly Flex, offering unique benefits for cross-border financial needs.

Stablecoin Initiatives

Plans to store and manage stablecoin balances and enable cross-border payments in stablecoin compatible wallets.

Agentic AI Implementation

Agentic AI-enabled support experience handling nearly 2 million real-time interactions, enhancing customer acquisition and onboarding.

Geographic and Customer Diversification

U.S. revenue grew 35%, while rest of the world grew 40% year-over-year. Revenue from regions outside of India, the Philippines, and Mexico grew 41% year-over-year.

Positive GAAP Net Income

Delivered a second consecutive positive GAAP net income quarter with $6.5 million GAAP net income.

Remitly Global (RELY) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

RELY Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Oct 29, 2025	2025 (Q3)	0.18 / -	0.201	―	―	―
Aug 06, 2025	2025 (Q2)	0.18 / 0.20	0.132	54.55% (+0.07)
May 07, 2025	2025 (Q1)	0.17 / 0.21	0.07	205.71% (+0.14)
Feb 19, 2025	2024 (Q4)	0.10 / 0.18	0.003	5866.67% (+0.18)
Oct 30, 2024	2024 (Q3)	0.13 / 0.20	0	―
Jul 31, 2024	2024 (Q2)	0.10 / 0.13	0.087	51.72% (+0.05)
May 01, 2024	2024 (Q1)	0.05 / 0.07	0.007	900.00% (+0.06)
Feb 21, 2024	2023 (Q4)	0.01 / <0.01	0.05	-94.00% (-0.05)
Nov 01, 2023	2023 (Q3)	0.04 / 0.00	-0.047	―
Aug 02, 2023	2023 (Q2)	>-0.01 / 0.09	-0.035	348.57% (+0.12)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

RELY Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Aug 06, 2025	$16.47	$18.95	+15.06%
May 07, 2025	$21.09	$24.16	+14.56%
Feb 19, 2025	$25.91	$25.79	-0.46%
Oct 30, 2024	$15.26	$17.98	+17.82%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Remitly Global, Inc. (RELY) report earnings?

Remitly Global, Inc. (RELY) is schdueled to report earning on Oct 29, 2025, After Close (Confirmed).

What is Remitly Global, Inc. (RELY) earnings time?

Remitly Global, Inc. (RELY) earnings time is at Oct 29, 2025, After Close (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is RELY EPS forecast?

RELY EPS forecast for the fiscal quarter 2025 (Q3) is 0.18.

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