Remitly Global (RELY) Earnings: Q3 2026 Results

The quarter ended September 30, 2026 and Remitly published the results on November 4, 2026. Revenue and diluted EPS are shown against Q3 2025, the same quarter a year earlier, which takes seasonal swings out of the comparison.

• Remitly reports GAAP EPS only; its release gives Adjusted EBITDA but no adjusted EPS.
• Q2 2026 net income and EPS included a $140.6 million discrete tax benefit from releasing the full valuation allowance on Remitly's U.S. deferred tax assets.

Source: Remitly Q3 2026 results, November 4, 2026. Also in the Form 10-Q for the quarter ended September 30, 2026. Figures as reported; checked against the release on November 10, 2026.

How Remitly splits revenue in its own release, under its own labels, for Q3 2026 against Q3 2025. Indented lines are parts of the line above them.

• Remitly's United States revenue was $349 million in Q3 2026, up 25% from $280 million in Q3 2025, 68% of total revenue.
• Remitly's Canada revenue was $40.5 million in Q3 2026, down 3% from $41.8 million in Q3 2025, 8% of total revenue.
• Remitly's Rest of world revenue was $121 million in Q3 2026, up 23% from $98.0 million in Q3 2025, 24% of total revenue.

Segment lines are the figures writers cite most often, because they show where the growth in a quarter came from. Companies redraw their segments from time to time and restate the prior year to match, so a year-ago figure here can differ from the one printed a year ago. When that has happened, the note above says so.

From the earnings release

The first two lines are Remitly's outlook for fiscal year 2026; the last two are for the fourth quarter of 2026.

In its Q3 2026 release, Remitly said:

“Total revenue in the range of $1.989 billion to $1.991 billion, representing a growth rate of 22% year over year.”

“Year over year growth in net income, and Adjusted EBITDA in the range of $441 million to $443 million.”

“Total revenue in the range of $531 million to $533 million, representing a growth rate of 20% to 21% year over year.”

“Year over year growth in net income, and Adjusted EBITDA in the range of $104 million to $106 million.”

Source: Remitly Q3 2026 release, Nov 4, 2026.

This is the company's own guidance as of Nov 4, 2026, quoted as given. Walnut does not make forecasts of its own. Analyst estimates for the coming quarters are on the RELY forecast page.

Revenue and diluted EPS for the last 5 quarters. Each date links to that quarter's release.

GAAP revenue and diluted EPS, each as first reported in that quarter's release. Q2 2026 EPS of $0.93 includes the $140.6 million discrete tax benefit from the U.S. valuation allowance release.

We do not hold a confirmed date for Remitly's next report. Companies post the date on their investor relations site a few weeks ahead, usually with the time of the conference call.

Each quarter keeps its own page with the figures as reported, so a link to one stays pointed at the same numbers after the next report.

• Q3 2026 (this page), reported Nov 4, 2026

Remitly earns revenue on cross-border money transfers, from transaction fees and the foreign exchange spread between the rate offered to customers and the rate on its own currency purchases. Revenue was $509.8 million in Q3 2026, up 22% from $419.5 million, on send volume of $24.4 billion, up 25% from $19.5 billion. Revenue per transaction depends on the funding method, transaction size, currency, disbursement method and destination country. (Remitly Q3 2026 release, Nov 4, 2026; Remitly Form 10-Q, Q3 2026, Nov 4, 2026)

Remitly put the revenue increase down mainly to a 17% rise in active customers, to about 10.3 million, along with retention of existing customers, higher send volume from high-amount senders and a continued shift toward digital disbursements. (Remitly Q3 2026 release, Nov 4, 2026; Remitly Form 10-Q, Q3 2026, Nov 4, 2026)

Revenue is attributed to the country where the sending customer is. Senders in the United States produced $348.6 million of revenue in the quarter, against $279.7 million a year earlier; Canada $40.5 million, down from $41.8 million; and the rest of the world $120.7 million, up from $98.0 million. Customers send mainly from the United States, Canada, the United Kingdom and other European countries, and the largest receive countries by send volume include India, Mexico and the Philippines. No individual customer was 10% or more of revenue. (Remitly Form 10-Q, Q3 2026, Nov 4, 2026)

Remitly's diluted EPS was $0.30 in Q3 2026, against $0.04 a year earlier, on net income of $67.6 million, up 665% from $8.8 million. Remitly reports no adjusted EPS. Its Adjusted EBITDA of $120.8 million, up 97%, adds back $39.6 million of stock-based compensation and $2.1 million of restructuring and other costs, beyond the standard EBITDA items. (Remitly Q3 2026 release, Nov 4, 2026)

Costs grew more slowly than revenue. Transaction expenses fell to 32% of revenue from 35%, which Remitly attributed to efficiencies across its network, and marketing fell to 20% of revenue from 22%. Transaction margin rose to 68% from 65%. Technology and development expense was flat at $80.1 million. (Remitly Form 10-Q, Q3 2026, Nov 4, 2026; Remitly Q3 2026 release, Nov 4, 2026)

Taxes swing the quarterly EPS line. In Q2 2026 Remitly released its full U.S. valuation allowance and booked a $140.6 million discrete tax benefit, which lifted Q2 EPS; in Q3 it adjusted that release and recognized $4.1 million of discrete tax expense. Diluted shares were 223,553 thousand, against 217,231 thousand, and Remitly repurchased 4.5 million shares for $80.0 million over the first nine months of 2026. (Remitly Form 10-Q, Q3 2026, Nov 4, 2026; Remitly Q3 2026 release, Nov 4, 2026)

Diluted EPS divides net income by the weighted average number of shares outstanding in the quarter, plus the shares that options and other equity awards could add. Buybacks shrink that count and lift EPS for the same profit; share issuance and stock awards enlarge it.

Remitly gives quarterly and full-year guidance in its release. For fiscal 2026 it raised its outlook to total revenue of $1.989 billion to $1.991 billion, 22% growth, and Adjusted EBITDA of $441 million to $443 million. For Q4 2026 it expects revenue of $531 million to $533 million, 20% to 21% growth, and Adjusted EBITDA of $104 million to $106 million, with year over year growth in net income in both periods. (Remitly Q3 2026 release, Nov 4, 2026)

The board also raised the share repurchase authorization from $200 million to $500 million. Remitly does not reconcile its Adjusted EBITDA outlook to GAAP net income, citing the variability of items such as income taxes and stock-based compensation. (Remitly Q3 2026 release, Nov 4, 2026)

A consensus figure is the average of the models published by the analysts who cover Remitly, collected by a data provider and revised up to the day of the report. A quarter that lands above it says how expectations were set as much as how the business did, and the share price on the day also reflects the guidance and the lines no consensus covers.

The consensus figures on this page are Yahoo Finance's, as pulled on the date shown. Each comes with the number of analysts behind it; the smaller that number, the more one revised estimate can move the average.

The figures below are the ones Remitly's own release and filings put weight on for Q3 2026, with the latest reported value for each.

What the quarter means for a holding is a separate question from what it reported. The case for and against owning RELY is on is RELY a buy or a sell?, what analysts expect next is on the RELY forecast, and what the company does is on the Remitly Global (RELY) stock page.

Every number on this page can be traced to a document Remitly published. Checking one takes a couple of minutes, and it is worth doing before you quote a figure anywhere.

• The results release is the document linked in the source line above. Companies publish it on their investor relations site at the moment results go out, and it carries the headline tables: revenue, operating income, net income and EPS for the quarter and the year-ago quarter.
• The same release is filed with the SEC as Exhibit 99.1 to a Form 8-K under Item 2.02, usually on the day of the report. The SEC copy does not change after the fact, which makes it the safer thing to link when you cite a number.
• The quarterly report (Form 10-Q) follows within a few weeks and carries the full financial statements, the segment note and management's discussion of what changed. The fourth quarter is covered by the annual report (Form 10-K) instead.
• Restated comparisons are flagged in the notes on this page. When a company redraws its segments or changes how it adjusts EPS, it restates the year-ago column, so the year-ago figure in a new release can differ from the one printed a year ago. This page always uses the comparison in the newer release, because that is the like-for-like one.

A walk-through of every line in a release, with what each one tells you, is in how to read an earnings report.