Filing Flows › Remitly Global (RELY) › Q3 2025
Remitly Global (RELY) Q3 2025 earnings results (third quarter 2025)
10-Q filed Nov 5, 2025
Remitly Global (RELY) reported revenue of $419M for the third quarter 2025 (Q3 2025), +25% from a year earlier and +2% from the quarter before. Operating margin was 2.8%, net earnings $8.8M (2.1% of revenue).
Remitly Global, Q3 2025: revenue $419M (+25% year over year), operating margin 2.8%, net earnings $8.8M, operating cash flow $1.4M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $419M | +2% | +25% |
| Operating profit | $11.8M | -20% | 32× |
| Net earnings | $8.8M | +35% | +361% |
| Operating cash flow | $1.4M | -97% | -99% |
What changed
Revenue was $419.5M in Q3 2025, up 25% year over year and up 2% from the previous quarter.
Operating profit was $11.8M, a 2.8% margin (up 2.7 points year over year). Of the extra revenue versus a year earlier, 14% reached operating profit, above the 0% margin then. Total costs grew 21% against revenue growth of 25%. The fastest-growing cost line was Other operating costs (+26%). Net earnings were $8.8M, up 361% year over year. The effective tax rate was 28.9%.
Operating cash flow was $1.4M (down 99% year over year), 16% of net earnings. Non-cash charges added back $6.4M of depreciation and amortization and $40.0M of share-based compensation. Working capital and other items used $53.9M. Capital expenditures of −$3.5M left free cash flow of $4.9M.
Questions
What was Remitly Global's revenue in the third quarter 2025?
Remitly Global (RELY) reported revenue of $419M for the third quarter 2025 (Q3 2025), +25% from a year earlier and +2% from the quarter before.
Was Remitly Global profitable in the third quarter 2025?
Operating profit was $11.8M (2.8% of revenue) and net earnings $8.8M.
Source: Remitly Global 10-Q on SEC EDGAR.