Quarterly ResultAug 5, 2026, 04:22 PM
Remitly Q2 Revenue $495.2M, Adj. EBITDA $114.7M; Raises FY26 Outlook
AI Summary
Remitly Global, Inc. reported strong second-quarter 2026 financial results, with revenue increasing 20% year-over-year to $495.2 million and Adjusted EBITDA surging 79% to $114.7 million. The company achieved a record net income of $205.9 million, which included a $140.6 million discrete tax benefit. Remitly also surpassed 10 million quarterly active customers and raised its full-year 2026 revenue and Adjusted EBITDA outlook, reflecting confidence in its growth strategy and AI-driven operating efficiencies.
Key Highlights
- Q2 2026 Revenue: $495.2 million, up 20% year-over-year.
- Q2 2026 Net Income: $205.9 million, including a $140.6 million discrete tax benefit.
- Q2 2026 Adjusted EBITDA: $114.7 million, up 79% year-over-year.
- Quarterly Active Customers: 10.2 million, an increase of 20% year-over-year.
- Send Volume: $23.5 billion, up 27% year-over-year.
- Full-Year 2026 Revenue Outlook (Raised): $1.978 billion to $1.988 billion.
- Full-Year 2026 Adjusted EBITDA Outlook (Raised): $410 million to $415 million.
Price Impact
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