Remitly Shares Surge on Profit Return, 2026 Outlook and New CEO

Overview

• Remitly reported 2025 revenue of $1.635 billion, up 29% year over year, with full-year net income of $67.9 million after a prior-year loss.
• Q4 delivered $442 million in revenue and $41 million in net income as active customers rose 19% to more than 9 million and very high-amount sender volume climbed 105%.
• The company guided 2026 revenue to $1.94–$1.96 billion and projected Q1 revenue of $436–$438 million.
• Sebastian Gunningham took over as chief executive, with co-founder Matt Oppenheimer moving to executive chairman.
• Product rollouts such as Flex, now above 120,000 users, plus Remitly Business and AI fraud models reduced losses and helped free cash flow reach $283 million, as shares closed up 25.94% at $17.14.