Remitly Global Inc
Remitly Global, Inc. engages in the provision of digital financial services in the United States, Canada, and internationally. It offers cross-border remittances and complementary financial services through mobile application and website. Remitly Global, Inc. was incorporated in 2011 and is headquartered in Seattle, Washington.
Market Cap & Net Worth: Remitly Global Inc (RELY)
Remitly Global Inc (NASDAQ:RELY) has a market capitalization of $3.28 Billion ($3.28 Billion) as of March 19, 2026. Listed on the NASDAQ stock exchange, this USA-based company holds position #4202 globally and #2652 in its home market, demonstrating a -7.39% decrease in market value over the past year.
Market capitalization, also known as net worth in stock markets, is calculated by multiplying Remitly Global Inc's stock price $15.67 by its total outstanding shares 209045931 (209.05 Million).
Remitly Global Inc Market Cap History: 2021 to 2026
Remitly Global Inc's market capitalization history from 2021 to 2026. Data shows change from $4.31 Billion to $3.28 Billion (-22.26% CAGR).
Index Memberships
Remitly Global Inc is a constituent of 1 market index:
| Index | Total Market Cap | Weight (%) | Rank by Market Cap |
|---|---|---|---|
|
NASDAQ Composite
IXIC
|
$33.39 Trillion | 0.01% | #514 of 3165 |
Weight: Remitly Global Inc's market cap as a percentage of total index value. Rank: Position among all constituents by market cap.
Remitly Global Inc Market Cap to Earnings & Revenue Ratios Timeline
This chart shows how Remitly Global Inc's valuation ratios have evolved. The Price to Sales (P/S) ratio compares market cap to revenue, while the Price to Earnings (P/E) ratio compares market cap to net income. Lower values may indicate a more undervalued company relative to its financial performance.
Latest Price to Sales (P/S) Ratio
3.73x
Remitly Global Inc's market cap is 3.73 times its annual revenue
24.50x
Lower than industry averageLatest Price to Earnings (P/E) Ratio
N/A
P/E ratio not applicable due to negative or zero earnings
What These Ratios Tell Investors:
- Price to Sales (P/S) Ratio: Shows how much investors are paying for each dollar of the company's sales. Lower P/S ratios may indicate undervaluation.
- Price to Earnings (P/E) Ratio: Shows how much investors are paying for each dollar of the company's earnings. This is one of the most common valuation metrics.
- Trends in these ratios over time can indicate changing investor sentiment about the company's future growth prospects.
- Industry comparison provides context for whether the company is valued higher or lower than peers.
| Year | Market Cap (USD) | Revenue (USD) | Net Income (USD) | P/S Ratio | P/E Ratio |
|---|---|---|---|---|---|
| 2021 | $4.31 Billion | $458.61 Million | -$38.76 Million | 9.40x | N/A |
| 2022 | $2.39 Billion | $653.56 Million | -$114.02 Million | 3.66x | N/A |
| 2023 | $4.06 Billion | $944.28 Million | -$117.84 Million | 4.30x | N/A |
| 2024 | $4.72 Billion | $1.26 Billion | -$36.98 Million | 3.73x | N/A |
Competitor Companies of RELY by Market Capitalization
Companies near Remitly Global Inc in the global market cap rankings as of March 19, 2026.
Key companies related to Remitly Global Inc by market ranking:
- Microsoft Corporation (NASDAQ:MSFT): Ranked #5 globally with a market cap of $2.96 Trillion USD.
- Palantir Technologies Inc. Class A Common Stock (NYSE:PLTR): Ranked #39 globally with a market cap of $324.25 Billion USD.
- Palantir Technologies Inc. (NASDAQ:PLTR): Ranked #40 globally with a market cap of $321.50 Billion USD.
- Oracle Corporation (NYSE:ORCL): Ranked #53 globally with a market cap of $263.97 Billion USD.
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #5 | Microsoft Corporation | NASDAQ:MSFT | $2.96 Trillion | $399.41 |
| #39 | Palantir Technologies Inc. Class A Common Stock | NYSE:PLTR | $324.25 Billion | $178.15 |
| #40 | Palantir Technologies Inc. | NASDAQ:PLTR | $321.50 Billion | $155.08 |
| #53 | Oracle Corporation | NYSE:ORCL | $263.97 Billion | $154.69 |
Remitly Global Inc Historical Marketcap From 2021 to 2026
Between 2021 and today, Remitly Global Inc's market cap moved from $4.31 Billion to $ 3.28 Billion, with a yearly change of -22.26%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | $3.28 Billion | +13.55% |
| 2025 | $2.88 Billion | -38.86% |
| 2024 | $4.72 Billion | +16.22% |
| 2023 | $4.06 Billion | +69.61% |
| 2022 | $2.39 Billion | -44.47% |
| 2021 | $4.31 Billion | -- |
End of Day Market Cap According to Different Sources
On Mar 18th, 2026 the market cap of Remitly Global Inc was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $3.28 Billion USD |
| MoneyControl | $3.28 Billion USD |
| MarketWatch | $3.28 Billion USD |
| marketcap.company | $3.28 Billion USD |
| Reuters | $3.28 Billion USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.