Remitly Q2 net income swings to USD 205.9 million; revenue rises 20% year over year to USD 495.2 million

Reuters2026/08/05 20:50

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Remitly reported Q2 revenue of $495.2 million, up 20% year over year, with GAAP net income of $205.9 million, up $199 million.
Adjusted EBITDA (non-GAAP) climbed 79% from a year earlier to $114.7 million.
Send volume rose 27% from a year earlier to $23.5 billion, while quarterly active customers increased 20% to 10,200,000.
CEO Sebastian Gunningham cited “AI-driven operating efficiencies” and cost discipline, alongside investment in growth and improving margins.
Outlook calls for Q3 revenue of $505 million-$507 million and adjusted EBITDA of $92 million-$94 million; full-year adjusted EBITDA is seen at $410 million-$415 million.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Remitly Global Inc. published the original content used to generate this news brief on August 05, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Remitly Q2 net income swings to USD 205.9 million; revenue rises 20% year over year to USD 495.2 million

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