---
schema_version: "secwatch.filing_event.v1"
accession: "0001782170-23-000198"
form_type: "8-K"
ticker: "RELY"
cik: "0001782170"
company_name: "Remitly Global, Inc."
filed_at: "2023-11-01T23:59:59+00:00"
generated_at: "2026-06-09T03:02:00.872956+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Remitly Q3 revenue up 43% to $241.6M; raises full-year guidance

## Summary
- Revenue of $241.6M, up 43% YoY; active customers 5.4M (up 42%).
- Adjusted EBITDA $10.5M vs $(3.7M) loss a year ago; net loss widened to $35.7M.
- Send volume $10.2B, up 36% YoY.
- FY 2023 revenue outlook raised to $935-943M (from $915-925M); Adjusted EBITDA $36-41M.

## SEC filing metadata
- accession: 0001782170-23-000198
- form_type: 8-K
- ticker: RELY
- cik: 0001782170
- company_name: Remitly Global, Inc.
- filed_at: 2023-11-01T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1782170/000178217023000198/0001782170-23-000198-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1782170/000178217023000198/rely-20231101.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001782170-23-000198
- JSON: https://secwatch.observer/filing/0001782170-23-000198.json
- Plain text: https://secwatch.observer/filing/0001782170-23-000198.txt

## Key facts
- Earnings Releases
  Remitly Global, Inc. reported fiscal year 2023 results: revenue $935 million to $943 million. Guidance raised.
  - Period: fiscal year 2023
  - Revenue: $935 million to $943 million
  - Guidance: raised
  - Result: guidance update
  source text: For fiscal year 2023 , Remitly currently expects: • Total revenue in the range of $935 million to $943 million, representing a growth rate of 43% to 44% year over year. This outlook reflects an increase from our prior outlook of $915 million to $925 million.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1782170/000178217023000198/0001782170-23-000198-index.htm
- Earnings Releases
  Remitly Global, Inc. reported third quarter ended September 30, 2023 results: revenue $241.6 million, net income -$35.7 million. Guidance raised.
  - Period: third quarter ended September 30, 2023
  - Revenue: $241.6 million
  - Net income: -$35.7 million
  - Guidance: raised
  - Result: reported results
  source text: quarter of 2022) • Active customers increased to 5.4 million, from 3.8 million, up 42%. • Send volume increased to $10.2 billion, from $7.5 billion, up 36%. • Revenue totaled $241.6 million, compared to $169.3 million, up 43%. • Net loss was $35.7 million, compared to a net loss of $33.1 million. • Adjusted EBITDA was $10.5 million, compared to $(3.7) million. 2023
  evidence_url: https://www.sec.gov/Archives/edgar/data/1782170/000178217023000198/0001782170-23-000198-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
