Remitly Global Reports Strong Q2 2025 Financial Results

Remitly Global ( (RELY) ) has issued an announcement.

On August 6, 2025, Remitly Global reported its second quarter results for 2025, showing significant growth with a 40% increase in send volume and a 34% rise in revenue compared to the previous year. The company achieved a net income of $6.5 million and an Adjusted EBITDA of $64.0 million, marking a substantial improvement from a net loss in the same quarter of 2024. Additionally, Remitly’s Board of Directors authorized a $200 million share repurchase program, aiming to return capital to stockholders and manage equity compensation dilution. The company also raised its full-year financial outlook, expecting revenue growth of 27% to 28% year over year, indicating a strong market position and positive future prospects.

The most recent analyst rating on (RELY) stock is a Buy with a $21.00 price target. To see the full list of analyst forecasts on Remitly Global stock, see the RELY Stock Forecast page.

Spark’s Take on RELY Stock

According to Spark, TipRanks’ AI Analyst, RELY is a Neutral.

Remitly Global’s strong financial performance and positive earnings call are key strengths, supported by a solid balance sheet and improved cash flow. However, the stock is currently in a bearish technical phase, and challenges in achieving profitability affect its valuation score. The recent credit agreement is a strategic positive, but market uncertainties and increased marketing spend may pressure margins.

To see Spark’s full report on RELY stock, click here.

More about Remitly Global

Remitly Global, Inc. is a provider of digital financial services that operate across borders, focusing on facilitating international money transfers and financial transactions.

Average Trading Volume: 3,657,785

Technical Sentiment Signal: Sell

Current Market Cap: $3.33B

See more data about RELY stock on TipRanks’ Stock Analysis page.