Remitly Global (RELY): Firm Expects 28% YoY Growth

Remitly Global, Inc. (NASDAQ:RELY) is one of the Stocks That Could Mint Millionaires in 2026.

Remitly Global (RELY): Firm Expects 28% YoY Growth

In early November, the company posted earnings for the third quarter of 2025, reporting earnings per share of $0.04, beating estimates by $0.01. The revenue over the period was $419.49 million, up 24.7% year-on-year and beating estimates by $5.76 million. For the full fiscal year, the firm expects the total revenue to be in the range of $1.619 billion to $1.621 billion, representing a growth rate of 28% year over year.

Matt Oppenheimer, the chief of Remitly Global, Inc. (NASDAQ:RELY), recently provided a preliminary outlook for the medium-term financial targets for 2028, as well with revenue expected to be in a range of $2.6 billion to $3 billion. Adjusted EBITDA is expected to be between $575 million and $600 million, reflecting a 20%-22% margin.

Remitly Global, Inc. (NASDAQ:RELY) engages in the provision of digital financial services in the United States, Canada, and internationally.

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