Remitly Reports Record Third Quarter Results and Raises Full Year 2026 Outlook
Globe Newswire•04/11/2026•16:05 ET
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Key Highlights
- ➤Q3 revenue $509.8 million, up 22% year over year
- ➤Q3 net income $67.6 million, up 665% year over year
- ➤Q3 Adjusted EBITDA $120.8 million, up 97% year over year
- ➤FY 2026 revenue outlook $1.989 billion-$1.991 billion, representing 22% growth
- ➤Share repurchase authorization increased $300 million, from $200 million to $500 million
Expert Statements
Sebastian Gunningham, Chief Executive Officer of Remitly Global
“We delivered another excellent quarter, with record revenue and a more than seven-fold year over year increase in net income. These results show the expanding value of our global network, which has connected the financial lives of more than 50 million senders and recipients over the past year. We’re evolving from a remittance company into a global financial services provider for people and businesses whose money crosses borders. We are shipping new features and products faster than ever, and the productivity tailwinds from AI give us the capacity to invest and capture share in the large and diverse global money movement market.”
Send volume up 25% and revenue up 22% year over year Net income of $67.6 million up 665% year over year Adjusted EBITDA of $120.8 million up 97% year over year Board of directors increases share repurchase authorization from $200 million to $500 million
SEATTLE, Nov. 04, 2026 (GLOBE NEWSWIRE) -- Remitly Global, Inc. (NASDAQ: RELY), a trusted provider of financial services that transcend borders, reported results for the third quarter ended September 30, 2026.
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