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Remitly Global (RELY) Q3 2026 earnings results (third quarter 2026)

10-Q filed Nov 4, 2026

Remitly Global (RELY) reported revenue of $510M for the third quarter 2026 (Q3 2026), +22% from a year earlier and +3% from the quarter before. Operating margin was 13.6%, net earnings $67.6M (13.2% of revenue).

Revenue$510M
Year over year+22%
Quarter over quarter+3%
Operating margin13.6%
Net earnings$67.6M

Remitly Global, Q3 2026: revenue $510M (+22% year over year), operating margin 13.6%, net earnings $67.6M, operating cash flow $93.0M. The chart follows the revenue to costs, profit and cash.

Q3 2026AmountQ/QY/Y
Revenue$510M+3%+22%
Operating profit$69.4M+4%+489%
Net earnings$67.6M-67%+665%
Operating cash flow$93.0M-31%+4%
Free cash flow$87.8M——

What changed

Revenue was $509.8M in Q3 2026, up 22% year over year and up 3% from the previous quarter.

Operating profit was $69.4M, a 13.6% margin (up 10.8 points year over year). Of the extra revenue versus Q3 2025, 64% reached operating profit, above the 3% margin then. Total costs grew 8% against revenue growth of 22%. The fastest-growing cost line was Sales & marketing (+13%). Net earnings were $67.6M, up 665% year over year. The effective tax rate was 3.2%.

Operating cash flow was $93.0M (up 4% year over year), 138% of net earnings. Non-cash charges added back $6.7M of depreciation and amortization and $39.6M of share-based compensation. Working capital and other items used $20.9M. After capitalized internal-use software costs ($3.9M) and purchases of property and equipment ($1.4M), free cash flow as the company reports it was $87.8M.

Questions

What was Remitly Global's revenue in the third quarter 2026?

Remitly Global (RELY) reported revenue of $510M for the third quarter 2026 (Q3 2026), +22% from a year earlier and +3% from the quarter before.

Was Remitly Global profitable in the third quarter 2026?

Operating profit was $69.4M (13.6% of revenue) and net earnings $67.6M.

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Source: Remitly Global 10-Q on SEC EDGAR.