Filing Flows › Remitly Global (RELY) › Q2 2026
Remitly Global (RELY) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 5, 2026
Remitly Global (RELY) reported revenue of $495M for the second quarter 2026 (Q2 2026), +20% from a year earlier and +9% from the quarter before. Operating margin was 13.5%, net earnings $206M (41.6% of revenue).
Remitly Global, Q2 2026: revenue $495M (+20% year over year), operating margin 13.5%, net earnings $206M, operating cash flow $135M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $495M | +9% | +20% |
| Operating profit | $66.7M | +24% | +355% |
| Net earnings | $206M | +320% | 32× |
| Operating cash flow | $135M | +64% | +146% |
| Free cash flow | $130M | — | — |
What changed
Revenue was $495.2M in Q2 2026, up 20% year over year and up 9% from the previous quarter.
Operating profit was $66.7M, a 13.5% margin (up 9.9 points year over year). Of the extra revenue versus Q2 2025, 62% reached operating profit, above the 4% margin then. Total costs grew 8% against revenue growth of 20%. The fastest-growing cost line was Sales & marketing (+23%). Net earnings were $205.9M, up 3050% year over year. The tax line was a benefit of $141.3M on pre-tax earnings of $64.6M.
Operating cash flow was $134.6M (up 146% year over year), 65% of net earnings. Non-cash charges added back $6.3M of depreciation and amortization and $34.5M of share-based compensation. Working capital and other items used $112.1M. After capitalized internal-use software costs ($3.3M) and purchases of property and equipment ($1.2M), free cash flow as the company reports it was $130.1M.
Questions
What was Remitly Global's revenue in the second quarter 2026?
Remitly Global (RELY) reported revenue of $495M for the second quarter 2026 (Q2 2026), +20% from a year earlier and +9% from the quarter before.
Was Remitly Global profitable in the second quarter 2026?
Operating profit was $66.7M (13.5% of revenue) and net earnings $206M.
Source: Remitly Global 10-Q on SEC EDGAR.