The earnings call reflected a strong performance with significant revenue growth, product innovation, and successful geographic and customer diversification. However, challenges such as a fraud incident and upcoming tough revenue comparisons were noted.

Company Guidance -

Q3 2025

In Remitly's Second Quarter 2025 Earnings Call, the company delivered impressive financial results and introduced significant product innovations. Revenue for the quarter was reported at $411.9 million, marking a 34% year-over-year increase, with adjusted EBITDA reaching $64 million, representing a 16% margin. This performance exceeded expectations, with revenue and adjusted EBITDA surpassing the midpoint of their Q2 guidance by $28 million and $18 million, respectively. Remitly's active customer base grew to over 8.5 million, and send volume increased by 40% to $18.5 billion. The company highlighted four key areas of product innovation, including Remitly Business, which expanded their total addressable market (TAM) from $2 trillion to over $22 trillion, and the upcoming launch of Remitly One, a membership program for cross-border financial needs. Additionally, Remitly is advancing its stablecoin initiatives and Agentic AI to enhance customer experiences and drive further growth. Looking ahead, the company revised its full-year 2025 revenue guidance to $1.61 billion to $1.62 billion, reflecting a 27% to 28% growth rate, with expectations of maintaining positive GAAP net income.

Exceptional Financial Performance

Second quarter revenue was $411.9 million, up 34% year-over-year, with an adjusted EBITDA of $64 million, representing a 16% margin. GAAP profitability was sustained, exceeding expectations with revenue $28 million above and adjusted EBITDA $18 million above the midpoint of Q2 guidance.

Successful Product Innovations

Introduction of Remitly Business, Remitly One membership, Stablecoin initiatives, and Agentic AI. Remitly Business expanded TAM more than tenfold, with strong early momentum, onboarding thousands of businesses in Q2.

Geographic and Customer Diversification

U.S. revenue grew 35%, rest of the world grew 40% year-over-year, and regions outside of India, the Philippines, and Mexico grew 41% year-over-year. High amount senders' volume growth was over 45% year-over-year.

Strong Customer Metrics

Quarterly active customers increased 24% year-over-year to over 8.5 million, driven by continued retention and new customer acquisition. Send volume grew 40% to $18.5 billion.

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 (RELY) report earnings?

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

What is Remitly Global (RELY) earnings time?

Remitly Global (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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