RELY (Remitly Global) EBIT: $118 Mil (TTM As of Mar. 2026)


RELY Remitly Global Inc RELY
80 GF Score
Price $22.37
GF Value $25.96
Valuation Modestly Undervalued
! 6 Warning Signs
View Full Analysis

What is Remitly Global EBIT?

Remitly Global RELY +2.90% 80 EBIT is $118 Mil as of Mar. 2026. GuruFocus rates RELY with a GF Score™ of 80/100 and a GF Value™ of $25.96 (Modestly Undervalued). The stock has 6 warning signs investors should review.

Remitly Global's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was $55 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was $118 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Remitly Global's annualized ROC % for the quarter that ended in Mar. 2026 was 28.83%. Remitly Global's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 66.45%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Remitly Global's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 2.87%.

Remitly Global  (NAS:RELY) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Remitly Global's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=214.96 * ( 1 - 5.8% )/( (791.312 + 613.338)/ 2 )
=202.49232/702.325
=28.83 %

where

Invested Capital(Q: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=1458.713 - 124.975 - ( 542.426 - max(0, 399.052 - 1315.951+542.426))
=791.312

Invested Capital(Q: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=1385.783 - 123.383 - ( 649.062 - max(0, 439.367 - 1247.685+649.062))
=613.338

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

Remitly Global's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=218.048/( ( (73.973 + max(363.503, 0)) + (70.116 + max(148.725, 0)) )/ 2 )
=218.048/( ( 437.476 + 218.841 )/ 2 )
=218.048/328.1585
=66.45 %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(286.455 + 0 + 467.113) - (124.975 + 0 + 265.09)
=363.503

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(295.792 + 0 + 282.77) - (123.383 + 0 + 306.454)
=148.725

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Remitly Global's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=117.511/4100.492
=2.87 %

* 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 EBIT Related Terms

Remitly Global EBIT Historical Data

* Premium members only.

The historical data trend for Remitly Global's EBIT 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 EBIT Chart

Remitly Global Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBIT
Get a 7-Day Free Trial -36.46 -111.67 -109.59 -27.01 79.24

Remitly Global Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EBIT 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 16.24 9.76 14.54 38.70 54.51

RELY vs ACIW, VRNS, QLYS: EBIT Comparison

For the Software - Infrastructure subindustry, Remitly Global's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Remitly Global EV-to-EBIT vs Software Industry

For the Software industry and Technology sector, Remitly Global's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Remitly Global's EV-to-EBIT falls into.


RELY
80GF Score
Remitly Global Inc RELY
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Remitly Global EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $118 Mil.

* 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.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of $118 Mil mean?
Remitly Global (RELY) has a EBIT of $118 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Remitly Global.
Is Remitly Global's EBIT too high?
Remitly Global's current EBIT is $118 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 EBIT compare to ACIW and VRNS?
Remitly Global's EBIT of $118 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 EBIT for a Software company?
A good EBIT depends on the Software industry context. However, EBIT 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 EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Remitly Global. Remitly Global's current EBIT is $118 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 $25.96, compared to a current price of $22.37 — trading 13.8% below its estimated fair value. The current EBIT is $118 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 EBIT calculated?
EBIT is calculated from a company's financial statements. For Remitly Global (RELY), the current EBIT is $118 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 $22.37 is trading 13.8% below its estimated GF Value™ of $25.96. GuruFocus considers Remitly Global to be Modestly Undervalued.

Key valuation signals for RELY:

  • EBIT: $118 Mil
  • GF Value™: $25.96 vs. price of $22.37 (13.8% 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

Get the complete analysis for RELY

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

$22.37
Price
$25.96
GF Value