Remitly Global (RELY) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

Remitly Global

NasdaqGS•Technology•Software - Infrastructure

$22.15+0.32(0.01%)Pre-market

Market Cap

$4.58B

P/E

15.0x

P/S

2.5x

P/B

4.1x

Remitly Global, Inc., a cross-border payment company engages in the provision of digital financial services in the United States, Canada, and internationally. It offers cross-border remittances and complementary financial services through mobile application and website. Remitly Global, Inc. was incorporated in 2011 and is headquartered in Seattle, Washington.

How this company scores

ExcellentMetricSide Score: 87/100

Strongest: Balance Sheet & Red Flags (23/25); weakest: Cash & Earnings Quality (21/25).

Profitability21/25

Growth22/25

Balance Sheet & Red Flags23/25

Cash & Earnings Quality21/25

Strengths

Growing revenueHigh ROERising earningsLow leverage

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/E · 15.0x5y range 15.0x – 272.9x

Currently below its 5-quarter median.

P/S · 2.5x5y range 1.8x – 5.3x

Currently near its 17-quarter median.

P/B · 4.1x5y range 2.4x – 8.8x

Watch items

Data-driven signals worth keeping an eye on across the last 8 quarters

High Risk

Margin Pressure

Red Flag

The company posted negative operating margins in recent quarters — core operations are unprofitable.

Earnings Quality

Watch

FCF/Net Income has dropped below 0.7x in 3 quarters — monitor for earnings quality deterioration.

Price & Volume

Market Cap $4.58B

Metrics at a Glance

as of June 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $1.81B
Q. Revenue: $495.16M
TTM EBITDA: $196.83M
TTM Op. Income: $171.01M
Q. Op. Income: $66.68M
TTM Net Income: $305.01M
Q. Net Income: $205.91M
EPS: $0.98
Shares Out.: $210.84M

$1.81B in TTM revenue grew 23.8% YoY, reaching $495.16M last quarter. TTM EBITDA of $196.83M and TTM operating income of $171.01M show growth is flowing through to the bottom line. TTM net income of $305.01M means revenue is converting into profit. Across the last 8 quarters, TTM revenue has risen for 7 consecutive quarters — an improving trend.

Margins

Gross, EBITDA, operating, and net margin trends

EBITDA Margin: 14.7%
Op. Margin: 13.5%
Net Margin: 41.6%

Op. margin of 13.5% is up 9.9% YoY — cost efficiency is improving. Net margin at 41.6% Across the last 8 quarters, operating margin has risen for 3 consecutive quarters — an improving trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: 15.0x
P/S Ratio: 2.5x
P/B Ratio: 4.1x

At 15.0x P/E, the stock trades within typical market levels. P/S of 2.5x and P/B of 4.1x provide additional context. Use the growth and margin sections to judge whether the multiple is justified. Across the last 5 quarters, P/E has fallen for 4 consecutive quarters — an improving trend.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $1.57B
Cash: $676.39M
Long-Term Debt: $0
Book Value: $1.13B
D/E Ratio: 0.0
Debt/EBITDA: 0.0

With $1.57B in assets and $0 in long-term debt, D/E is 0.0and book value is $1.13B — a conservative capital structure with a cushion to weather downturns.

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow: $134.62M
TTM Free Cash Flow: $357.45M
FCF Margin: 19.8%
FCF / Net Income: 1.2

TTM FCF of $357.45M on $134.62M in operating cash flow. The FCF / Net Income ratio of 1.2x means free cash flow covers net income — earnings are backed by cash. Over the past year, free cash flow is up 3% — an improving trend.