Remitly Global (MEX:RELY) Research & Development: MXN5,849 Mil (TTM As of Mar. 2026)

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MEX:RELY Remitly Global Inc MEX:RELY
63 GF Score
Price MXN340.00
GF Value MXN376.20
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Remitly Global Research & Development?

Remitly Global MEX:RELY 63 Research & Development is MXN5,849 Mil as of Mar. 2026. GuruFocus rates MEX:RELY with a GF Score™ of 63/100 and a GF Value™ of MXN376.20 (Modestly Undervalued). The stock has 6 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Remitly Global's Research & Development for the three months ended in Mar. 2026 was MXN1,435 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 was MXN5,849 Mil.

Remitly Global  (MEX:RELY) Research & Development Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.

Remitly Global Research & Development Related Terms

Remitly Global Research & Development Historical Data

* Premium members only.

The historical data trend for Remitly Global's Research & Development 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 Research & Development Chart

Remitly Global Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Research & Development
Get a 7-Day Free Trial 1,314.80 2,704.47 3,733.30 5,627.22 5,652.12

Remitly Global Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Research & Development 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 1,510.86 1,459.19 1,475.26 1,478.97 1,435.46
MEX:RELY
63GF Score
Remitly Global Inc MEX:RELY
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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Remitly Global Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development 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 MXN5,849 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 Research & Development →
What does a Research & Development of MXN5,849 Mil mean?
Remitly Global (MEX:RELY) has a Research & Development of MXN5,849 Mil as of Mar. 2026. Research and development expense is the total cost for research and development activities. View historical data on Remitly Global and its competitors.
Is Remitly Global's Research & Development too high?
Remitly Global's current Research & Development is MXN5,849 Mil. Overall, Remitly Global has a GF Score™ of 63/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Remitly Global's Research & Development compare to ZETA and WEX?
Remitly Global's Research & Development of MXN5,849 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 Research & Development for a Software company?
A good Research & Development depends on the Software industry context. However, Research & Development 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 Research & Development mean?
A high Research & Development can signal that a stock is expensive relative to its fundamentals. Research and development expense is the total cost for research and development activities. View historical data on Remitly Global and its competitors. Remitly Global's current Research & Development is MXN5,849 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 (MEX:RELY) is currently considered Modestly Undervalued. The stock's GF Value™ is MXN376.20, compared to a current price of MXN340.00 — trading 9.6% below its estimated fair value. The current Research & Development is MXN5,849 Mil. Remitly Global's overall GF Score™ is 63/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Research & Development calculated?
Research & Development is calculated from a company's financial statements. For Remitly Global (MEX:RELY), the current Research & Development is MXN5,849 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 (MEX:RELY) Overvalued in 2026?

Based on GuruFocus' analysis, Remitly Global stock appears to be undervalued. The current stock price of MXN340.00 is trading 9.6% below its estimated GF Value™ of MXN376.20. GuruFocus considers Remitly Global to be Modestly Undervalued.

Key valuation signals for MEX:RELY:

  • Research & Development: MXN5,849 Mil
  • GF Value™: MXN376.20 vs. price of MXN340.00 (9.6% below fair value)
  • GF Score™: 63/100 with 6 warning signs

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 Business Description

Other Exchanges RELY:USA
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.
63GF Score

Get the complete analysis for MEX:RELY

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

MXN340.00
Price
MXN376.20
GF Value