The earnings call was predominantly positive, with strong revenue and adjusted EBITDA growth, as well as successful diversification and operational efficiency. However, there are concerns about macroeconomic uncertainties and the expected increase in marketing spend, which could impact future margins.

Company Guidance -

Q2 2025

In the first quarter of 2025, Remitly reported a revenue growth of 34% year-over-year, reaching $361.6 million, with an adjusted EBITDA margin surpassing 16%. The company exceeded the Rule of 50, indicating strong growth and profitability. Remitly saw a 9% increase in send volume per active customer, and send volume for transactions over $1,000 grew by more than 45% year-over-year. The company managed nearly $60 billion in send volume over the last 12 months and achieved a gross take rate of 2.24%. Remitly's quarterly active customers increased by 29% to over 8 million. Marketing spend as a percentage of revenue improved by 473 basis points year-over-year, while customer support and operations expenses improved by 89 basis points. The company also launched remittance services to new regions, including Nigeria, Burkina Faso, and Mali, and expanded disbursement options. Remitly is raising its full-year revenue and adjusted EBITDA outlook due to the strong results.

Strong Revenue Growth

Revenue for Q1 2025 was $361.6 million, up 34% year-over-year. This growth exceeded expectations and was driven by strong retention and new customer acquisition.

Adjusted EBITDA Surpasses Expectations

Adjusted EBITDA for Q1 2025 was $58.4 million, surpassing 16% in adjusted EBITDA margins and achieving a Rule of 50 quarter.

Geographic and Product Diversification

The company expanded its footprint by launching services in new regions like Nigeria, Burkina Faso, and Mali, and introduced integrations with local payment partners. The top three receiving countries (India, the Philippines, and Mexico) saw revenue diversification with a 45% growth rate in other regions.

High-Dollar Sender Growth

Send volume related to transactions of more than $1,000 grew by more than 45% year-over-year, and the mix increased by approximately 200 basis points.

Operational Efficiency

93% of transactions were processed in less than an hour, and 95% proceeded without customer support contact.

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
Aug 06, 2025	2025 (Q2)	0.18 / -	0.132	―	―	―
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)
May 03, 2023	2023 (Q1)	>-0.01 / <0.01	-0.082	108.54% (+0.09)

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
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%
Jul 31, 2024	$13.21	$13.74	+4.01%

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 Aug 06, 2025, After Close (Confirmed).

What is Remitly Global (RELY) earnings time?

Remitly Global (RELY) earnings time is at Aug 06, 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 (Q2) is 0.18.

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