Remitly Q1: revenue $361.6M (+34% YoY), net income $11.4M; raises FY2025 outlook

Remitly Global, Inc.

2025-Q1 EPS reported $0.05 revenue$361,624,000

Active customers 8.0M (+29% YoY); send volume $16.2B (+41% YoY).
Revenue $361.6M (+34% YoY); net income $11.4M vs loss $21.1M in Q1 2024.
Adjusted EBITDA $58.4M (+157% YoY); raised FY2025 Adj. EBITDA guidance to $195M-$210M.
FY2025 revenue guidance raised to $1.574B-$1.587B (25-26% growth) from prior $1.565B-$1.580B.
Q2 2025 outlook: revenue $383M-$385M; Adj. EBITDA $45M-$47M; GAAP net loss expected.

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