Remitly Global (RELY) Revenue & Revenue Breakdown
Remitly Global Revenue Highlights
Latest Revenue (Y)
$944.28M
Latest Revenue (Q)
$306.42M
Main Geography (Y)
UNITED STATES
Remitly Global Revenue by Period
Remitly Global Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $944.28M | 44.48% |
| 2022-12-31 | $653.56M | 42.51% |
| 2021-12-31 | $458.61M | 78.48% |
| 2020-12-31 | $256.96M | 103.02% |
| 2019-12-31 | $126.57M | -90.60% |
| 2017-12-31 | $1.35B | 7.74% |
| 2016-12-31 | $1.25B | 9.09% |
| 2015-12-31 | $1.15B | 2624.63% |
| 2014-12-31 | $42.05M | -3.37% |
| 2013-12-31 | $43.51M | -0.96% |
| 2012-12-31 | $43.93M | 166.34% |
| 2011-12-31 | $16.50M | 100.00% |
| 2010-12-31 | - | 100.00% |
| 2009-12-31 | - | -100.00% |
| 2006-12-31 | $637.73M | 100.00% |
| 2005-12-31 | - | 100.00% |
| 2004-12-31 | - | 100.00% |
| 2003-12-31 | - | -100.00% |
| 2002-12-31 | $143.00M | - |
Remitly Global generated $944.28M in revenue during NA 2023, up 44.48% compared to the previous quarter, and up 70.13% compared to the same period a year ago.
Remitly Global Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2024-06-30 | $306.42M | 13.86% |
| 2024-03-31 | $269.12M | 1.65% |
| 2023-12-31 | $264.76M | 9.57% |
| 2023-09-30 | $241.63M | 3.25% |
| 2023-06-30 | $234.03M | 14.80% |
| 2023-03-31 | $203.87M | 6.72% |
| 2022-12-31 | $191.03M | 12.86% |
| 2022-09-30 | $169.26M | 7.63% |
| 2022-06-30 | $157.25M | 15.62% |
| 2022-03-31 | $136.01M | 0.56% |
| 2021-12-31 | $135.25M | 11.56% |
| 2021-09-30 | $121.24M | 9.18% |
| 2021-06-30 | $111.05M | 21.96% |
| 2021-03-31 | $91.06M | 13.80% |
| 2020-12-31 | $80.02M | 11.46% |
| 2020-09-30 | $71.79M | 20.84% |
| 2020-06-30 | $59.41M | 29.88% |
| 2020-03-31 | $45.74M | -85.98% |
| 2017-12-31 | $326.30M | -1.95% |
| 2017-09-30 | $332.80M | -4.97% |
| 2017-06-30 | $350.20M | 3.89% |
| 2017-03-31 | $337.10M | 10.71% |
| 2016-12-31 | $304.50M | -3.30% |
| 2016-09-30 | $314.90M | -1.87% |
| 2016-06-30 | $320.90M | 3.72% |
| 2016-03-31 | $309.40M | 2.96% |
| 2015-12-31 | $300.50M | -11.25% |
| 2015-09-30 | $338.60M | -8.16% |
| 2015-06-30 | $368.70M | 167.56% |
| 2015-03-31 | $137.80M | 997.31% |
| 2014-12-31 | $12.56M | 14.30% |
| 2014-09-30 | $10.99M | 7.49% |
| 2014-06-30 | $10.22M | 23.44% |
| 2014-03-31 | $8.28M | -10.89% |
| 2013-12-31 | $9.29M | -4.98% |
| 2013-09-30 | $9.78M | -34.21% |
| 2013-06-30 | $14.86M | 55.22% |
| 2013-03-31 | $9.58M | -27.97% |
| 2012-12-31 | $13.29M | 17.27% |
| 2012-09-30 | $11.34M | 7.67% |
| 2012-06-30 | $10.53M | 20.03% |
| 2012-03-31 | $8.77M | 1.82% |
| 2011-12-31 | $8.62M | 30.31% |
| 2011-09-30 | $6.61M | 1065.96% |
| 2011-06-30 | $567.00K | -19.23% |
| 2011-03-31 | $702.00K | 100.00% |
| 2010-12-31 | - | 100.00% |
| 2010-09-30 | - | 100.00% |
| 2010-06-30 | - | 100.00% |
| 2010-03-31 | - | 100.00% |
| 2009-12-31 | - | 100.00% |
| 2007-09-30 | - | 100.00% |
| 2007-06-30 | - | -100.00% |
| 2007-03-31 | $148.63M | -76.69% |
| 2006-12-31 | $637.73M | 100.00% |
| 2005-12-31 | - | 100.00% |
| 2004-12-31 | - | 100.00% |
| 2003-12-31 | - | -100.00% |
| 2002-12-31 | $138.14M | - |
Remitly Global generated $306.42M in revenue during Q2 2024, up 13.86% compared to the previous quarter, and up 150.31% compared to the same period a year ago.
Remitly Global Revenue Breakdown
Remitly Global Revenue Breakdown by Country
Annual Revenue by Country
| Country | Dec 22 | Dec 21 |
|---|---|---|
| CANADA | $80.14M | $56.92M |
| UNITED STATES | $472.75M | $338.19M |
| Rest of World | $100.66M | $63.50M |
Remitly Global's latest annual revenue breakdown by geography, as of Dec 22: UNITED STATES (72.34%), Rest of World (15.40%), and CANADA (12.26%).
Quarterly Revenue by Country
| Country | Jun 24 | Mar 24 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| CANADA | $34.71M | $32.95M | $29.50M | $27.48M | $24.86M | $23.16M | $20.62M | $19.08M | $17.28M | $16.94M | $15.03M |
| Rest of World | $69.83M | $60.78M | $51.40M | $47.56M | $39.91M | $33.10M | $26.57M | $21.61M | $19.38M | $18.82M | $17.37M |
| UNITED STATES | $201.88M | $175.39M | $160.73M | $158.99M | $139.09M | $134.77M | $122.07M | $116.56M | $99.36M | $99.50M | $88.85M |
Remitly Global's latest quarterly revenue breakdown by geography, as of Jun 24: UNITED STATES (65.88%), Rest of World (22.79%), and CANADA (11.33%).
Remitly Global Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| EVTC | EVERTEC | $694.71B | $211.98B |
| FLYW | Flywire | $403.09B | $103.68M |
| ACIW | ACI Worldwide | $1.45B | $373.48M |
| CSGS | CSG Systems | $1.17B | $295.13M |
| RELY | Remitly Global | $944.28M | $306.42M |
| VRNT | Verint Systems | $910.39M | $210.17M |
| CCCS | CCC Intelligent Solutions | $866.38M | $232.62M |
| STER | Sterling Check | $719.64M | $200.53M |
| EVCM | EverCommerce | $675.37M | $177.39M |
| SPSC | SPS Commerce | $536.91M | $153.60M |
| GB | Global Blue Group | $422.30M | $105.24M |
| IIIV | i3 Verticals | $370.24M | $56.04M |
| SCWX | SecureWorks | $365.88M | $82.18M |
| CCSI | Consensus Cloud Solutions | $362.56M | $87.50M |
| ESMT | EngageSmart | $303.92M | $97.73M |
| BASE | Couchbase | $180.04M | $51.59M |
RELY Revenue FAQ
What is Remitly Global’s yearly revenue?
Remitly Global's yearly revenue for 2023 was $944.28M, representing an increase of 44.48% compared to 2022. The company's yearly revenue for 2022 was $653.56M, representing an increase of 42.51% compared to 2021. RELY's yearly revenue for 2021 was $458.6M, representing an increase of 78.48% compared to 2020.
What is Remitly Global’s quarterly revenue?
Remitly Global's quarterly revenue for Q2 2024 was $306.42M, a 13.86% increase from the previous quarter (Q1 2024), and a 30.93% increase year-over-year (Q2 2023). The company's quarterly revenue for Q1 2024 was $269.12M, a 1.65% increase from the previous quarter (Q4 2023), and a 32.01% increase year-over-year (Q1 2023). RELY's quarterly revenue for Q4 2023 was $264.76M, a 9.57% increase from the previous quarter (Q3 2023), and a 38.59% increase year-over-year (Q4 2022).
What is Remitly Global’s revenue growth rate?
Remitly Global's revenue growth rate for the last 3 years (2021-2023) was 105.90%, and for the last 5 years (2019-2023) was 646.08%.