Remitly Global (RELY) Revenue & Revenue Breakdown


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Remitly Global Revenue Highlights


Latest Revenue (Y)

$944.28M

Latest Revenue (Q)

$336.53M

Main Geography (Y)

UNITED STATES

Remitly Global Revenue by Period


Remitly Global Revenue by Year

DateRevenueChange
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 $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

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 Country

Annual Revenue by Country

CountryDec 22Dec 21
UNITED STATES$472.75M$338.19M
CANADA$80.14M$56.92M
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

CountrySep 24Jun 24Mar 24Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21
CANADA$36.02M$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$81.44M$69.83M$60.78M$51.40M$47.56M$39.91M$33.10M$26.57M$21.61M$19.38M$18.82M$17.37M
UNITED STATES$219.07M$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 Sep 24: UNITED STATES (65.10%), Rest of World (24.20%), and CANADA (10.70%).

Remitly Global Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
EVTCEVERTEC$694.71B$211.98B
FLYWFlywire$403.09B$103.68M
ACIWACI Worldwide$1.45B$373.48M
CSGSCSG Systems$1.17B$295.13M
RELYRemitly Global$944.28M$336.53M
VRNTVerint Systems$910.39M$210.17M
CCCSCCC Intelligent Solutions$866.38M$238.48M
STERSterling Check$719.64M$200.53M
EVCMEverCommerce$675.37M$177.39M
SPSCSPS Commerce$536.91M$163.69M
GBGlobal Blue Group$422.30M$105.24M
IIIVi3 Verticals$370.24M$56.04M
SCWXSecureWorks$365.88M$82.18M
CCSIConsensus Cloud Solutions$362.56M$87.50M
ESMTEngageSmart$303.92M$97.73M
BASECouchbase$180.04M$51.59M

RELY Revenue FAQ


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.

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).

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%.