earnings
confidence high
sentiment positive
materiality 0.85
Remitly Q2 revenue up 20% to $495.2M, raises FY 2026 outlook; active customers top 10M
Remitly Global, Inc.
- Revenue $495.2M (+20% YoY); net income $205.9M includes $140.6M discrete tax benefit.
- Adjusted EBITDA $114.7M, up 79% YoY; active customers 10.2M (+20% YoY).
- Send volume $23.5B, up 27% YoY.
- FY 2026 revenue guidance raised to $1.978-1.988B (21-22% growth); Adj. EBITDA $410-415M.
- Q3 2026 revenue guidance $505-507M; Adj. EBITDA $92-94M.