Remitly Q2 revenue +20.2% to $495.2M; net income $205.9M

Filed August 5, 2026 · Period ending June 30, 2026 · Compared to 10-Q Aug 6, 2025 · ~1 min read

Key Changes

• high

  Net income surged to $205.9M from $6.5M, driven by a $140.6M one-time tax benefit from releasing the U.S. valuation allowance.

  MD&A: Net income and tax benefit verify on EDGAR →
• high

  Operating income rose 355% to $66.7M, reflecting strong operating leverage as revenue grew 20.2% to $495.2M.

  MD&A: Operating income verify on EDGAR →
• high

  Active customers grew 20% to 10.2M, but growth decelerated from 24% a year ago; send volume growth slowed to 27% from 40%.

  MD&A: Active customers verify on EDGAR →