Remitly Global Posts 26% Q4 Revenue Growth, Guides $1.94B–$1.96B for 2026
Remitly Global posted Q4 revenue of $442 million (+26% year-over-year) with a record 20% Adjusted EBITDA margin and guided 2026 revenue of $1.94–1.96 billion and EBITDA of $340–360 million. Full-year 2025 results showed $1.635 billion revenue (+29%), $283 million free cash flow, and announced Sebastian Gunningham as new CEO.
1. Q4 Financial Results
Remitly generated Q4 revenue of $442 million, up 26% year-over-year, and delivered Adjusted EBITDA of $89 million, a record 20% margin. GAAP net income was $41 million versus a $6 million loss in Q4 2024, aided by an AI-driven fraud model that reduced transaction losses to 7.3 basis points.
2. Full-Year 2025 Performance
For full-year 2025, Remitly reported $1.635 billion in revenue, up 29%, with Adjusted EBITDA of $272 million (17% margin), net income of $68 million, and free cash flow of $283 million. The company ended the year with about 9 million quarterly active users and $75 billion in annual send volume.
3. Leadership Transition
Co-founder Matt Oppenheimer will transition to chairman and remain the largest individual shareholder with no plans to sell, while veteran technology executive Sebastian Gunningham takes over as CEO to accelerate execution and product innovation.
4. 2026 Outlook and Growth Initiatives
Management guided 2026 revenue between $1.94 and $1.96 billion and Adjusted EBITDA of $340–360 million, supported by increased share buybacks, rollouts of new offerings like Remitly Credit, and continued efficiency gains from AI-driven fraud detection.