Remitly Global Q4 Revenue Up 26%, EBITDA Jumps 98%
Remitly Global reported Q4 revenue of $442.2 million, up 26%, with adjusted EBITDA of $88.6 million, up 98%, and net income of $41.2 million. It guided 2026 revenue of $1.94–$1.96 billion and adjusted EBITDA of $340–$360 million, and appointed Sebastian Gunningham as new CEO.
1. Q4 Financial Results
Remitly Global delivered its strongest quarter to date, reporting Q4 revenue of $442.2 million, up 26% year over year, and adjusted EBITDA of $88.6 million, up 98%. Net income was $41.2 million, reversing a prior-year loss of $5.7 million, while active customers rose 19% to 9.3 million and send volume jumped 35% to $20.8 billion.
2. Full-Year 2025 Performance and 2026 Guidance
For full-year 2025, revenue climbed 29% to $1.6 billion and adjusted EBITDA nearly doubled to $272.2 million, turning a $37 million net loss in 2024 into $67.9 million in net income. Operating cash flow reached $325.1 million with free cash flow of $283.3 million, and management forecasts 2026 revenue of $1.94–$1.96 billion and adjusted EBITDA of $340–$360 million.
3. CEO Transition and Leadership Outlook
Co-founder Matt Oppenheimer will hand over the CEO role to Sebastian Gunningham, who starts Thursday. Gunningham brings experience as a senior vice president at Amazon and as chairman of Santander Consumer Finance, positioning him to lead Remitly through its next growth phase.