Short answer
Remitly Global, Inc. (RELY) filed its Q1 2026 10-Q quarterly report on May 6, 2026 for the quarter ended Mar 31, 2026. Quarterly revenue was $453M (up 25.2% year over year) with net income of $49M.
Q1 2026 key financials · XBRL
- Revenue
- $453M
- +25.2% YoY
- Net income
- $49M
- +332.1% YoY
- Operating margin
- 11.9%
- EPS (diluted)
- $0.23
- +360.0% YoY
Source: XBRL data from the Remitly Global, Inc. (RELY) Q1 2026 10-Q on SEC EDGAR. USD.
Remitly Global, Inc. Q1 2026 10-Q analysis
AI summary of MD&A and risk factor updates
Management Discussion & Analysis
- Active customers 9.6M, up 20% YoY from 8.0M
- Send volume $22.1B, up 37% YoY from $16.2B
- Growth drivers: marketing efficiency, retention, product expansion, and high-amount sender and business categories
- Headwinds: online marketing competition and customer-acquisition spending pressure on near-term net income and Adjusted EBITDA
Risk Factors
- No material changes disclosed from December 31, 2025 10-K risk factors
- Share repurchases reduced remaining authorization to $131.857 million as of March 31, 2026
- Repurchased 2,770,428 shares during the quarter at an average $16.09 per share
Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K
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