RELY (Remitly Global) Construction In Progress: $0 Mil (As of Mar. 2026)


RELY Remitly Global Inc RELY
80 GF Score
Price $23.22
GF Value $26.03
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Remitly Global Construction In Progress?

Remitly Global RELY +3.61% 80 Construction In Progress is $0 Mil as of Mar. 2026. GuruFocus rates RELY with a GF Score™ of 80/100 and a GF Value™ of $26.03 (Modestly Undervalued). The stock has 6 warning signs investors should review.

Remitly Global's quarterly construction in progress declined from Sep. 2025 ($4 Mil) to Dec. 2025 ($1 Mil) and declined from Dec. 2025 ($1 Mil) to Mar. 2026 ($0 Mil).

Remitly Global's annual construction in progress increased from Dec. 2023 ($0 Mil) to Dec. 2024 ($8 Mil) but then declined from Dec. 2024 ($8 Mil) to Dec. 2025 ($1 Mil).

Remitly Global Construction In Progress Historical Data

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The historical data trend for Remitly Global's Construction In Progress can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Remitly Global Construction In Progress Chart

Remitly Global Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Construction In Progress
Get a 7-Day Free Trial 0.53 0.72 0.00 7.67 0.73

Remitly Global Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Construction In Progress Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 13.17 1.00 3.97 0.73 0.34
RELY
80GF Score
Remitly Global Inc RELY
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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Remitly Global Construction In Progress Calculation

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.

What does a Construction In Progress of $0 Mil mean?
Remitly Global (RELY) has a Construction In Progress of $0 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Remitly Global and its competitors.
Is Remitly Global's Construction In Progress too high?
Remitly Global's current Construction In Progress is $0 Mil. Overall, Remitly Global has a GF Score™ of 80/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Remitly Global's Construction In Progress compare to ZETA and WEX?
Remitly Global's Construction In Progress of $0 Mil can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Construction In Progress for a Software company?
A good Construction In Progress depends on the Software industry context. However, Construction In Progress should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Construction In Progress mean?
A high Construction In Progress can signal that a stock is expensive relative to its fundamentals. Construction in Progress records the amount of construction work that is not complete. View historical data on Remitly Global and its competitors. Remitly Global's current Construction In Progress is $0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Remitly Global stock overvalued right now?
Based on GuruFocus' analysis, Remitly Global (RELY) is currently considered Modestly Undervalued. The stock's GF Value™ is $26.03, compared to a current price of $23.22 — trading 10.8% below its estimated fair value. The current Construction In Progress is $0 Mil. Remitly Global's overall GF Score™ is 80/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Construction In Progress calculated?
Construction In Progress is calculated from a company's financial statements. For Remitly Global (RELY), the current Construction In Progress is $0 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Remitly Global (RELY) Overvalued in 2026?

Based on GuruFocus' analysis, Remitly Global stock appears to be undervalued. The current stock price of $23.22 is trading 10.8% below its estimated GF Value™ of $26.03. GuruFocus considers Remitly Global to be Modestly Undervalued.

Key valuation signals for RELY:

  • Construction In Progress: $0 Mil
  • GF Value™: $26.03 vs. price of $23.22 (10.8% below fair value)
  • GF Score™: 80/100 with 6 warning signs

No single metric tells the full story. See the RELY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Remitly Global Business Description

Other Exchanges RELY:Mexico
Address 401 Union Street, Suite 1000, Seattle, WA, USA, 98101
Remitly Global Inc provides integrated financial services to immigrants, including helping customers send money internationally in a quick, reliable, and more cost-effective manner by leveraging digital channels. It supports cross-border transmissions across the globe. The company's revenue is generated from transaction fees charged to customers, and foreign exchange spreads between the foreign exchange rate offered to customers and the foreign exchange rate on the company's currency purchases.
80GF Score

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Construction In Progress is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$23.22
Price
$26.03
GF Value