Net margin is calculated as Net Income divided by its Revenue. Remitly Global's Net Income for the
three
months ended in Mar. 2026 was $49 Mil. Remitly Global's Revenue for the
three
months ended in Mar. 2026 was $453 Mil. Therefore, Remitly Global's net margin for the quarter that ended in Mar. 2026 was 10.83%.
The historical rank and industry rank for Remitly Global's Net Margin % or its related term are showing as below:
RELY'
s Net Margin % Range Over the Past 10 Years
Min: -40.6 Med: -12.48 Max: 6.12
Current: 6.12
RELY's Net Margin % is ranked better than 62.86% of 2827
companies
in the Software industry
Industry Median: 2.54
vs RELY: 6.12
Remitly Global (NAS:RELY) Net Margin % Explanation
Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.
But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.
Remitly Global Net Margin % Related Terms
Remitly Global Net Margin % Historical Data
* Premium members only.
The historical data trend for Remitly Global's Net Margin % 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 Net Margin %, along with its competitors' market caps and Net Margin % 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 Net Margin % vs Software Industry
For the Software industry and Technology sector, Remitly Global's Net Margin % distribution charts can be found below:
* The bar in red indicates where Remitly Global's Net Margin % falls into.
* 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 Net Margin % of 10.83% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Remitly Global and its competitors. According to the industry distribution chart, Remitly Global ranks #1050 out of 2827 companies in the Software industry, placing it in the top 37.1%.
Is Remitly Global's Net Margin % too high?
Remitly Global's current Net Margin % is 10.83%. The Software industry median Net Margin % is 2.54. Remitly Global's value of 10.83% is 326.4% above this industry median. Based on the distribution chart, Remitly Global ranks #1050 out of 2827 companies in the Software industry, which is above the industry midpoint. 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 Net Margin % compare to ACIW and VRNS?
According to the Software industry distribution chart, Remitly Global ranks #1050 out of 2827 companies for Net Margin %. This puts Remitly Global in the upper half of its industry. The industry median Net Margin % is 2.54. Remitly Global's value of 10.83% is 326.4% 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 Net Margin % for a Software company?
The median Net Margin % among Software companies is 2.54, based on 2,827 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Remitly Global's current Net Margin % of 10.83% is 326.4% 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 Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Remitly Global and its competitors. For the Software industry, the median Net Margin % is 2.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Remitly Global's current Net Margin % is 10.83%. 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 Net Margin % is 10.83% and 326.4% above the Software industry median of 2.54. 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 Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Remitly Global (RELY), the current Net Margin % is 10.83% 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:
Net Margin %: 10.83%
GF Value™: $25.96 vs. price of $22.37 (13.8% below fair value)
Industry Position: 326.4% above the Software median (#1050 of 2827)
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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