Year Over Year Growth in Net Income for Q2 2026 and Adjusted EBITDA Between $86 Million to $88 Million
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 4 days ago
0mins
Should l Buy RELY?
Year over year growth in net income for the second quarter of 2026 and Adjusted EBITDA to be in the range of $86 million to $88 million.
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Analyst Views on RELY
Wall Street analysts forecast RELY stock price to fall
5 Analyst Rating
5 Buy
0 Hold
0 Sell
Strong Buy
Current: 22.790
Low
17.00
Averages
22.67
High
28.00
Current: 22.790
Low
17.00
Averages
22.67
High
28.00
About RELY
Remitly Global, Inc. is a provider of digital financial services that transcend borders, in over 170 countries around the world. Its cross-border payments app helps customers with a fast, reliable, and transparent money movement experience. The Company’s technology platform is purpose-built to localize consumer experiences, enables a robust network of partner integrations, and uses data to optimize business performance. The Company provides a digital cross-border remittance product that is accessible via its mobile app or the Web. It offers a mobile-centric suite of products, global network, localization expertise at scale and a data-driven approach. Its mobile app for cross-border remittances provides an easy-to-use, end-to-end process. The Company's global network of funding and disbursement partnerships enables it to complete money transfers in over 5,100 corridors without the need to deploy local operations in each country.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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Bright Horizons Family Solutions: Bright Horizons Family Solutions is a prominent company that offers child care and early education services, catering to families and employers.
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- Accelerated Share Repurchase: The pace of share repurchases nearly quadrupled this quarter, totaling $44 million, reflecting management's increased confidence in the company's future growth and creating value for shareholders.
- Core Business Growth: Core send volumes grew 30% quarter-over-quarter to $22.1 billion, with active customers increasing 20% year-over-year to over 9.6 million, showcasing Remitly's robust momentum in the digital remittance market.
- Optimistic Outlook: Management expects Q2 2026 revenue to be between $483 million and $485 million, with full-year revenue guidance raised to $1.96 billion to $1.975 billion, reflecting confidence in future growth and continued market share expansion.
See More
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- Innovative Product Integrations: In April, Remitly launched new product integrations through WhatsApp and ChatGPT, catering to customer needs, which received a positive market reaction and is expected to drive further market share gains and rapid revenue growth.
- Enhanced Profitability: The operating income reached $38.8 million last quarter with a 9% margin, the highest in the company's history, indicating that Remitly is effectively proving its profitability, and despite a 73% stock increase, its price-to-sales ratio remains below the S&P 500 average.
See More
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- Company Financial Performance: Remitly achieved a net income of $67.9 million in 2025, a significant turnaround from a net loss of $37 million the previous year, with total revenue reaching $1.64 billion, up 29%, highlighting the company's robust growth potential in the digital remittance market.
- Strategic Shift and Market Response: With Remitly's innovative move towards AI-assisted distribution through a ChatGPT-integrated app, aimed at expanding its reach within immigrant communities, the executive stock sale raises questions, but the focus should remain on the company's evolving business strategies and market developments.
See More
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- Convenient Access to Transfer Info: Users can view real-time exchange rates and compare various transfer methods, such as bank deposits and cash pickups, within ChatGPT, simplifying decision-making and improving transfer efficiency.
- Multi-Platform Strategy: This launch reflects Remitly's strategy to provide services on platforms users frequently use, having previously introduced money transfers via WhatsApp, demonstrating the company's proactive adaptation to changing customer behaviors.
- Global Business Expansion: With services spanning over 175 countries, Remitly is evolving from a remittance company into a diversified cross-border financial services provider, enhancing its competitiveness and influence in the global market.
See More
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- UiPath Price Pullback: UiPath's shares have fallen over 40% since their December peak, yet its core automated workflow concept remains appealing to users, suggesting a potential rebound; currently priced at less than 14 times projected earnings, it presents a buying opportunity.
- Remitly User Growth: Remitly Global saw a 19% year-over-year increase in active users to 9.3 million in Q4, driving a 35% rise in total transfer amounts and a 26% revenue increase to $442 million, successfully turning a loss into a profit, showcasing its strong performance in the cross-border payments market.
- Meta's AI Utilization: Meta Platforms' stock has dropped 28% since August, but its ability to enhance advertising through AI has led to a 24% revenue growth in Q4, demonstrating its ongoing competitiveness in social networking, making it a long-term growth prospect for investors.
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See More
