Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Remitly Global's share price for the quarter that ended in Mar. 2026 was $15.67. Remitly Global's Shares Outstanding (EOP) for the quarter that ended in Mar. 2026 was 210 Mil. Therefore, Remitly Global's market cap for the quarter that ended in Mar. 2026 was $3,296 Mil.
Remitly Global's quarterly market cap
declined
from Sep. 2025 ($3,412 Mil) to Dec. 2025 ($2,907 Mil) but then
increased
from Dec. 2025 ($2,907 Mil) to Mar. 2026 ($3,296 Mil).
Remitly Global's annual market cap
increased
from Dec. 2023 ($3,659 Mil) to Dec. 2024 ($4,526 Mil) but then
declined
from Dec. 2024 ($4,526 Mil) to Dec. 2025 ($2,907 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Remitly Global's Enterprise Value for Today is $4,391 Mil.
Remitly Global (NAS:RELY) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
Remitly Global Market Cap Related Terms
Remitly Global Market Cap Historical Data
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The historical data trend for Remitly Global's Market Cap 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.
For the Software - Infrastructure subindustry, Remitly Global's Market Cap, along with its competitors' market caps and Market Cap 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 Market Cap vs Software Industry
For the Software industry and Technology sector, Remitly Global's Market Cap distribution charts can be found below:
* The bar in red indicates where Remitly Global's Market Cap falls into.
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
Remitly Global's Market Cap for the fiscal year that ended in Dec. 2025 is calculated as
* 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 (RELY) has a Market Cap of $5,001 Mil as of Jul. 03, 2026. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Remitly Global and its competitors. According to the industry distribution chart, Remitly Global ranks #170 out of 2929 companies in the Software industry, placing it in the top 5.8%.
Is Remitly Global's Market Cap too high?
Remitly Global's current Market Cap is $5,001 Mil. The Software industry median Market Cap is 67.92. Remitly Global's value of $5,001 Mil is 7263.2% above this industry median. Based on the distribution chart, Remitly Global ranks #170 out of 2929 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Remitly Global has a GF Score™ of 80/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Remitly Global's Market Cap compare to ZETA and WEX?
According to the Software industry distribution chart, Remitly Global ranks #170 out of 2929 companies for Market Cap. This places Remitly Global in the top 6% of its industry — outperforming the majority of peers. The industry median Market Cap is 67.92. Remitly Global's value of $5,001 Mil is 7263.2% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Market Cap for a Software company?
The median Market Cap among Software companies is 67.92, based on 2,929 companies in the industry. Companies in the top quartile (top 25%) have a Market Cap significantly above this median, while those in the bottom quartile fall well below. However, Market Cap should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Remitly Global's current Market Cap of $5,001 Mil is 7263.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Market Cap mean?
A high Market Cap can signal that a stock is expensive relative to its fundamentals. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Remitly Global and its competitors. For the Software industry, the median Market Cap is 67.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Remitly Global's current Market Cap is $5,001 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 Fairly Valued. The stock's GF Value™ is $26.05, compared to a current price of $23.75 — trading 8.8% below its estimated fair value. The current Market Cap is $5,001 Mil and 7263.2% above the Software industry median of 67.92. 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 Market Cap calculated?
Market Cap is calculated from a company's financial statements. For Remitly Global (RELY), the current Market Cap is $5,001 Mil as of Jul. 03, 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 $23.75 is trading 8.8% below its estimated GF Value™ of $26.05.
GuruFocus considers Remitly Global to be Fairly Valued.
Key valuation signals for RELY:
Market Cap: $5,001 Mil
GF Value™: $26.05 vs. price of $23.75 (8.8% below fair value)
Industry Position: 7263.2% above the Software median (#170 of 2929)
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 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.
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