Remitly Global (RELY) Revenue & Revenue Breakdown


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Remitly Global Revenue Highlights


Latest Revenue (Y)

$1.26B

Latest Revenue (Q)

$336.53M

Main Segment (Y)

Reportable Segment

Main Geography (Y)

UNITED STATES

Remitly Global Revenue by Period


Remitly Global Revenue by Year

DateRevenueChange
2024-12-31$1.26B33.85%
2023-12-31$944.28M44.48%
2022-12-31$653.56M42.51%
2021-12-31$458.61M78.48%
2020-12-31$256.96M103.02%
2019-12-31$126.57M-90.60%
2017-12-31$1.35B7.74%
2016-12-31$1.25B9.09%
2015-12-31$1.15B2624.63%
2014-12-31$42.05M-3.37%
2013-12-31$43.51M-0.96%
2012-12-31$43.93M166.34%
2011-12-31$16.50M100.00%
2010-12-31-100.00%
2009-12-31--100.00%
2006-12-31$637.73M100.00%
2005-12-31-100.00%
2004-12-31-100.00%
2003-12-31--100.00%
2002-12-31$143.00M-

Remitly Global generated $1.26B in revenue during NA 2024, up 33.85% compared to the previous quarter, and up 998.65% compared to the same period a year ago.

Remitly Global Revenue by Quarter

DateRevenueChange
2024-09-30$336.53M9.82%
2024-06-30$306.42M13.86%
2024-03-31$269.12M1.65%
2023-12-31$264.76M9.57%
2023-09-30$241.63M3.25%
2023-06-30$234.03M14.80%
2023-03-31$203.87M6.72%
2022-12-31$191.03M12.86%
2022-09-30$169.26M7.63%
2022-06-30$157.25M15.62%
2022-03-31$136.01M0.56%
2021-12-31$135.25M11.56%
2021-09-30$121.24M9.18%
2021-06-30$111.05M21.96%
2021-03-31$91.06M13.80%
2020-12-31$80.02M11.46%
2020-09-30$71.79M20.84%
2020-06-30$59.41M29.88%
2020-03-31$45.74M-85.98%
2017-12-31$326.30M-1.95%
2017-09-30$332.80M-4.97%
2017-06-30$350.20M3.89%
2017-03-31$337.10M10.71%
2016-12-31$304.50M-3.30%
2016-09-30$314.90M-1.87%
2016-06-30$320.90M3.72%
2016-03-31$309.40M2.96%
2015-12-31$300.50M-11.25%
2015-09-30$338.60M-8.16%
2015-06-30$368.70M167.56%
2015-03-31$137.80M997.31%
2014-12-31$12.56M14.30%
2014-09-30$10.99M7.49%
2014-06-30$10.22M23.44%
2014-03-31$8.28M-10.89%
2013-12-31$9.29M-4.98%
2013-09-30$9.78M-34.21%
2013-06-30$14.86M55.22%
2013-03-31$9.58M-27.97%
2012-12-31$13.29M17.27%
2012-09-30$11.34M7.67%
2012-06-30$10.53M20.03%
2012-03-31$8.77M1.82%
2011-12-31$8.62M30.31%
2011-09-30$6.61M1065.96%
2011-06-30$567.00K-19.23%
2011-03-31$702.00K100.00%
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$637.73M100.00%
2005-12-31-100.00%
2004-12-31-100.00%
2003-12-31--100.00%
2002-12-31$138.14M-

Remitly Global generated $336.53M in revenue during Q3 2024, up 9.82% compared to the previous quarter, and up 143.79% compared to the same period a year ago.

Remitly Global Revenue Breakdown


Remitly Global Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 24
Reportable Segment$1.26B

Remitly Global's latest annual revenue breakdown by segment (product or service), as of Dec 24: Reportable Segment (100.00%).

Remitly Global Revenue Breakdown by Country

Annual Revenue by Country

CountryDec 24Dec 22Dec 21
CANADA$141.06M$80.14M$56.92M
Rest of World$297.13M$100.66M$63.50M
UNITED STATES$825.77M$472.75M$338.19M

Remitly Global's latest annual revenue breakdown by geography, as of Dec 24: UNITED STATES (65.33%), Rest of World (23.51%), and CANADA (11.16%).

Quarterly Revenue by Country

CountryDec 24Sep 24Jun 24Mar 24Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21
CANADA$37.38M$36.02M$34.71M$32.95M$29.50M$27.48M$24.86M$23.16M$20.62M$19.08M$17.28M$16.94M$15.03M
UNITED STATES$229.43M$219.07M$201.88M$175.39M$160.73M$158.99M$139.09M$134.77M$122.07M$116.56M$99.36M$99.50M$88.85M
Rest of World$85.08M$81.44M$69.83M$60.78M$51.40M$47.56M$39.91M$33.10M$26.57M$21.61M$19.38M$18.82M$17.37M

Remitly Global's latest quarterly revenue breakdown by geography, as of Dec 24: UNITED STATES (65.20%), Rest of World (24.18%), and CANADA (10.62%).

Remitly Global Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
EVTCEVERTEC$845.49B$628.67B
ACIWACI Worldwide$1.59B$451.75M
RELYRemitly Global$1.26B$336.53M
CSGSCSG Systems$1.20B$295.14M
CCCSCCC Intelligent Solutions$944.80M$238.48M
VRNTVerint Systems$909.19M$224.19M
EVCMEverCommerce$698.76M$176.26M
SPSCSPS Commerce$637.76M$163.69M
FLYWFlywire$492.14M$156.81M
GBGlobal Blue Group$422.30M$105.24M
SCWXSecureWorks$365.88M$82.73M
CCSIConsensus Cloud Solutions$350.38M$87.75M
IIIVi3 Verticals$229.92M$61.69M
BASECouchbase$209.47M$51.63M

RELY Revenue FAQ


What is Remitly Global’s yearly revenue?

Remitly Global's yearly revenue for 2024 was $1.26B, representing an increase of 33.85% compared to 2023. The company's yearly revenue for 2023 was $944.28M, representing an increase of 44.48% compared to 2022. RELY's yearly revenue for 2022 was $653.56M, representing an increase of 42.51% compared to 2021.

What is Remitly Global’s quarterly revenue?

Remitly Global's quarterly revenue for Q3 2024 was $336.53M, a 9.82% increase from the previous quarter (Q2 2024), and a 39.27% increase year-over-year (Q3 2023). The company'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). RELY'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).

What is Remitly Global’s revenue growth rate?

Remitly Global's revenue growth rate for the last 3 years (2022-2024) was 93.40%, and for the last 5 years (2020-2024) was 391.90%.

What are Remitly Global’s revenue streams?

Remitly Global's revenue streams in c 24 are Reportable Segment

What is Remitly Global’s main source of revenue?

For the fiscal year ending Dec 24, the largest source of revenue of Remitly Global was Reportable Segment. This segment made a revenue of $1.26B, representing 100.00% of the company's total revenue.