Remitly generated $283 million in free cash flow for 2025, more than tripling year-on-year, and reported $68 million in net income, including $41 million in Q4. The company projects 19–20% revenue growth for 2026, with Q1 benefiting from a 1% remittance tax and Ramadan seasonality. Quarterly active users climbed to over 9 million, a nearly fivefold increase since 2020. New products Flex and Remitly Business saw strong uptake, with Flex surpassing 100,000 users and delivering promising unit economics. Remitly holds less than 4% of its total addressable consumer market, facing competition and regulatory uncertainty in new regions. Macroeconomic headwinds, geopolitical volatility and take rate shifts toward high amount senders may affect future revenue metrics. Incoming CEO Sebastian Gunningham will prioritize product development velocity and AI initiatives to drive customer experience and operational efficiency. The executive team emphasizes balanced profitability and growth on the back of new product momentum.