Remitly posts record Q3 with 22% revenue growth and 665% net income surge, raises 2026 outlook

Remitly reported record third quarter results with revenue up 22% to $509.8 million and net income soaring 665% to $67.6 million year over year. Active customers rose 17% to 10.3 million, and send volume increased 25% to $24.4 billion, reflecting strong growth in its global money movement platform. The company raised its full-year 2026 revenue outlook to nearly $2 billion and expanded its share repurchase program authorization to $500 million. This performance highlights Remitly's evolution from a remittance service to a broader global financial services provider, leveraging AI to accelerate product innovation and market share gains.

Remitly Global Inc shares trade at USD 23.88 on Pluang as of Nov 05, 2026 04:23 WIB, down 5.93% in one day. The stock's market cap stands at $5.37 billion with a 52-week high of $26.92. Despite strong quarterly results, Pluang order activity shows 100% sell sentiment currently.