earnings
confidence high
sentiment positive
materiality 0.90
Remitly Q2: send volume +40%, revenue +34% to $412M, net income $6.5M, raises FY outlook
Remitly Global, Inc.
2025-Q2 EPS reported
$0.08
revenue$773,476,000
- Q2 revenue $411.9M (+34% YoY), net income $6.5M vs loss $12.1M; adjusted EBITDA $64.0M (+144%).
- Active customers 8.5M (+24% YoY), send volume $18.5B (+40% YoY).
- FY2025 revenue guidance raised to $1.61B-$1.62B; adjusted EBITDA raised to $225M-$230M.
- Q3 2025 guidance: revenue $411M-$413M, adjusted EBITDA $53M-$55M, modest GAAP net income.
- Board authorized $200M share repurchase program with no fixed expiration.
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