
Remitly reported a strong first quarter for 2026 with a 37% increase in send volume to $22.1 billion and a 25% rise in revenue to $452.8 million compared to Q1 2025. Net income surged 332% to $49.1 million, and Adjusted EBITDA grew 74% to $101.6 million, driven by customer growth and operational efficiencies. The company raised its full-year 2026 revenue forecast to $1.96-$1.975 billion, expecting continued growth in net income and EBITDA. This robust performance highlights Remitly's expanding global footprint and innovation in cross-border financial services.