Remitly Global 2025 Q3 Earnings Record Net Income Surges 360.6%

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Remitly Global (RELY) reported its fiscal 2025 Q3 earnings on Nov 6, 2025, . The company raised full-year revenue and Adjusted EBITDA guidance, , .

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The results exceeded revenue expectations but fell short on EPS, . . Despite the EPS miss, the record net income and guidance upgrades underscored strong operational execution and market confidence in its growth strategy.

Revenue

Earnings/Net Income

Remitly’s net income surged to $8.83 million in Q3 2025, . , driven by disciplined cost management and revenue growth. The company achieved a record high in Q3 net income, reflecting its focus on profitability amid expansion. The EPS growth highlights effective operational leverage, though the absolute figure remains modest due to the company’s scale.

Post-Earnings Price Action Review

Following the earnings release, Remitly’s stock price experienced a sharp decline, . , signaling investor concerns despite the company’s strong revenue and net income performance. The downward pressure was attributed to mixed guidance for Q4, , which fell below analyst expectations. While the company raised full-year revenue and Adjusted EBITDA guidance, the market reacted cautiously, emphasizing short-term uncertainty amid macroeconomic headwinds and competitive pressures.

CEO Commentary

, Co-Founder and CEO of Remitly, emphasized Q3 2025 as a period of innovation and momentum, with the company delivering “sustainable, profitable growth” through efficient execution. He highlighted investments in product innovation while maintaining profitability, noting that financial results reflect a focus on “innovation across the product portfolio.” The CEO expressed optimism about closing 2025 strongly, citing the decision to raise full-year revenue and Adjusted EBITDA outlooks, underscoring confidence in operational performance and market positioning.

Guidance

For 2025, , . , . GAAP net income is forecasted to be positive. For Q4 2025, , .

Additional News

In the three weeks following the Q3 2025 earnings release, Remitly announced its expansion into the U.K. and Canada under its Remitly Business division, targeting small businesses with international payment solutions. The company also launched Remitly One, a platform integrating multicurrency wallets, send-now-pay-later capabilities, and a membership service for global money management. Additionally, Remitly highlighted its strategic positioning to benefit from the federal remittance tax exemption for digital transactions starting in 2026, which is expected to drive further growth in digital remittances.

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