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Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Remitly Global's Pre-Tax Income for the
three
months ended in Jun. 2026 was MXN1,128 Mil. Remitly Global's Revenue for the
three
months ended in Jun. 2026 was MXN8,640 Mil. Therefore, Remitly Global's pretax margin for the quarter that ended in Jun. 2026 was 13.06%.
The historical rank and industry rank for Remitly Global's Pretax Margin % or its related term are showing as below:
MEX:RELY'
s Pretax Margin % Range Over the Past 10 Years
Min: -40.4 Med: -11.85 Max: 9.13
Current: 9.13
MEX:RELY's Pretax Margin % is ranked better than 66.34% of 2828
companies
in the Software industry
Industry Median: 3.62
vs MEX:RELY: 9.13
Remitly Global (MEX:RELY) Pretax Margin % Explanation
The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.
The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.
It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.
The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.
Remitly Global Pretax Margin % Related Terms
Remitly Global Pretax Margin % Historical Data
* Premium members only.
The historical data trend for Remitly Global's Pretax 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.
MEX:RELY vs ZETA, NTSK, QLYS: Pretax Margin % Comparison
For the Software - Infrastructure subindustry, Remitly Global's Pretax Margin %, along with its competitors' market caps and Pretax 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 Pretax Margin % vs Software Industry
For the Software industry and Technology sector, Remitly Global's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Remitly Global's Pretax 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 (MEX:RELY) has a Pretax Margin % of 13.06% as of Jun. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Remitly Global and its competitors. According to the industry distribution chart, Remitly Global ranks #952 out of 2828 companies in the Software industry, placing it in the top 33.7%.
Is Remitly Global's Pretax Margin % too high?
Remitly Global's current Pretax Margin % is 13.06%. The Software industry median Pretax Margin % is 3.62. Remitly Global's value of 13.06% is 260.8% above this industry median. Based on the distribution chart, Remitly Global ranks #952 out of 2828 companies in the Software industry, which is above the industry midpoint. Overall, Remitly Global has a GF Score™ of 61/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Remitly Global's Pretax Margin % compare to ZETA and NTSK?
According to the Software industry distribution chart, Remitly Global ranks #952 out of 2828 companies for Pretax Margin %. This puts Remitly Global in the upper half of its industry. The industry median Pretax Margin % is 3.62. Remitly Global's value of 13.06% is 260.8% 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 Pretax Margin % for a Software company?
The median Pretax Margin % among Software companies is 3.62, based on 2,828 companies in the industry. Companies in the top quartile (top 25%) have a Pretax Margin % significantly above this median, while those in the bottom quartile fall well below. However, Pretax Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Remitly Global's current Pretax Margin % of 13.06% is 260.8% 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 Pretax Margin % mean?
A high Pretax Margin % can signal that a stock is expensive relative to its fundamentals. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Remitly Global and its competitors. For the Software industry, the median Pretax Margin % is 3.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Remitly Global's current Pretax Margin % is 13.06%. 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 (MEX:RELY) is currently considered Modestly Overvalued. The stock's GF Value™ is MXN363.56, compared to a current price of MXN420.00 — trading 15.5% above its estimated fair value. The current Pretax Margin % is 13.06% and 260.8% above the Software industry median of 3.62. Remitly Global's overall GF Score™ is 61/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Pretax Margin % calculated?
Pretax Margin % is calculated from a company's financial statements. For Remitly Global (MEX:RELY), the current Pretax Margin % is 13.06% as of Jun. 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 (MEX:RELY) Overvalued in 2026?
Based on GuruFocus' analysis, Remitly Global stock appears to be overvalued.
The current stock price of MXN420.00 is trading 15.5% above its estimated GF Value™ of MXN363.56.
GuruFocus considers Remitly Global to be Modestly Overvalued.
Key valuation signals for MEX:RELY:
Pretax Margin %: 13.06%
GF Value™: MXN363.56 vs. price of MXN420.00 (15.5% above fair value)
Industry Position: 260.8% above the Software median (#952 of 2828)
No single metric tells the full story. See the MEX: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.
61GF Score
Get the complete analysis for MEX:RELY
Pretax Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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