Highest-materiality recent filing
Remitly Q1 2026 revenue $452.8M (+25% YoY), net income $49.1M; raises FY2026 outlook
Record Q1: revenue $452.8M (+25% YoY); net income $49.1M (+332%); adjusted EBITDA $101.6M (+74%).
Remitly appoints former Twitter CTO Adam Messinger to Board of Directors
Board expanded from 10 to 11 directors; Messinger serves as Class III director term expiring 2027.
Remitly appoints Sebastian Gunningham as CEO, co-founder Oppenheimer becomes Chairman
Sebastian Gunningham appointed CEO effective Feb 19, 2026; co-founder Matt Oppenheimer becomes Chairman.
Remitly reports record Q4 revenue of $442M, GAAP net income of $41M; appoints new CEO
Q4: rev $442.2M (+26% YoY), net income $41.2M vs loss $5.7M, Adj EBITDA $88.6M (+98%).
Remitly Q3 revenue up 25% to $419.5M, raises FY 2025 guidance
Active customers grew 21% to 8.9M; send volume increased 35% to $19.5B.
Remitly Q2: send volume +40%, revenue +34% to $412M, net income $6.5M, raises FY outlook
Q2 revenue $411.9M (+34% YoY), net income $6.5M vs loss $12.1M; adjusted EBITDA $64.0M (+144%).
Remitly enters new $550M revolving credit facility, replaces prior $325M facility
New $550M secured revolving credit facility with JPMorgan as administrative agent; replaces prior $325M facility.
Remitly Q1: revenue $361.6M (+34% YoY), net income $11.4M; raises FY2025 outlook
Active customers 8.0M (+29% YoY); send volume $16.2B (+41% YoY).
Q4 revenue $351.9M (+33% YoY); full year revenue $1,264.0M (+34% YoY).
Remitly Q3 revenue up 39% to $336.5M, net income $1.9M; raises FY 2024 guidance
Active customers 7.3M (+35% YoY); send volume $14.5B (+42% YoY).
Remitly appoints Vikas Mehta as CFO; Hemanth Munipalli resigns effective Aug 19, 2024
Vikas Mehta named CFO effective Aug 19, 2024; succeeds Hemanth Munipalli, who resigns for family reasons.
Remitly Q2 revenue $306.4M (+31% YoY); raises FY 2024 EBITDA outlook
Revenue of $306.4M, up 31% YoY; net loss improved 36% to $12.1M from $18.9M.
Remitly Q1 revenue $269.1M (+32% YoY); raises FY 2024 Adj. EBITDA guidance to $85-95M
Active customers 6.2M (+36% YoY); send volume $11.5B (+34% YoY).
Remitly Q4 rev +39%; FY2023 adj. EBITDA turns positive at $44.5M; FY2024 guidance 30-32% growth
Q4 2023 revenue $264.8M (+39% YoY); active customers 5.9M (+41%).
Mr. Hug will transition from his position as Vice Chair of the Company into a non-employee director role effective May 15, 2025.
On January 21, 2025, Gail Miller, the Chief Accounting Officer of Remitly Global, Inc. (the “Company”), provided notice of her resignation from the Company effective February 28, 2025.
On January 21, 2025, the Board of Directors (the “Board”) of the Company approved the appointment of Luke Tavis as Chief Accounting Officer of the Company, effective as of February 28, 2025.
Hemanth Munipalli will resign from his position with the Company effective August 19, 2024.
Rene Yoakum, the Company’s EVP, Customer and Culture provided notice that she will retire from the Company effective December 31, 2024.
On July 29, 2024, the Board of Directors (the “Board”) of Remitly Global, Inc. (the “Company”) approved the appointment of Vikas Mehta as Chief Financial Officer (“CFO”) of the Company, effective as of Mr. Mehta’s commencement of employment with the Company.
Effective May 13, 2024, Joshua Hug transitioned from his role as the Company’s Chief Operating Officer to a new role as Vice Chair, in which he will contribute to our company and product strategy and lead other key projects to accelerate customer delivery.
Max materiality 0.90 · Median 0.65 · Most common event earnings