TLDR
- Remitly stock jumps 11.9% after Q4 2025 revenue and profit beat.
- Active customers hit 9.3M, up 19% YoY; send volume climbs 35%.
- Full-year revenue grows 29% to $1.6B; net income turns positive.
- Adjusted EBITDA nearly doubles to $272M; strong cash flow continues.
- New CEO Sebastian Gunningham leads 2026 growth forecast of ~$1.95B revenue.
Remitly Global, Inc. ( RELY) shares surged following the company’s fourth quarter and full-year 2025 results. The stock closed at $13.61, up 4.05%, and rose to $15.23 after hours, a jump of 11.90%. The gains follow a year of strong growth, record profitability, and a significant leadership change.
Remitly Global, Inc., RELY
The company reported substantial increases in both revenue and profitability, exceeding previous guidance. Active customers reached 9.3 million in Q4, up 19% year-over-year. Send volume climbed to $20.8 billion, reflecting a 35% increase compared to the same period last year.
Revenue for the fourth quarter totaled $442.2 million, a 26% rise from $351.9 million in Q4 2024. Net income reversed losses to reach $41.2 million. Adjusted EBITDA almost doubled to $88.6 million from $44.7 million in the prior year.
Strong Full-Year Growth and Financial Performance
For the full year 2025, Remitly reported $1.6 billion in revenue, marking a 29% increase over 2024. Send volume jumped 37% to $74.9 billion. The company turned a net loss of $37 million in 2024 into net income of $67.9 million.
Adjusted EBITDA for the full year climbed 93% to $272.2 million. Operating cash flow reached $325.1 million, while free cash flow totaled $283.3 million. These results reflect consistent operational efficiency and scaling of cross-border financial services.
The company also strengthened its global customer base, providing more efficient and secure money transfer solutions. Growth trends highlight increasing adoption of digital financial services across multiple regions. Expansion initiatives contributed to improved margins and stronger cash generation.
Leadership Transition and Outlook for 2026
Remitly appointed Sebastian Gunningham as Chief Executive Officer, replacing co-founder Matt Oppenheimer. Oppenheimer will remain Chairman during the transition, providing advisory support. The leadership change coincides with accelerating strategic initiatives and broader growth ambitions.
For fiscal year 2026, Remitly expects revenue between $1.94 billion and $1.96 billion, representing 19% to 20% growth. Adjusted EBITDA is projected at $340 million to $360 million. The company anticipates positive GAAP net income for the full year, signaling financial stability.
The first quarter of 2026 is forecast to generate revenue between $436 million and $438 million. Adjusted EBITDA is expected at $82 million to $84 million. Positive net income is projected for Q1, reflecting ongoing momentum from 2025 achievements.
Remitly’s results demonstrate robust expansion in both customer adoption and transaction volume. Operational efficiency translated into record profitability and free cash flow. The combination of strong financial performance and leadership transition positions the company for sustainable growth in cross-border financial services.
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