Remitly Reports Q3 Revenue Growth, Raises 2026 Guidance and Launches Brazil Service
Remitly reported third-quarter revenue of $509.8 million, up 22%, and net income of $67.6 million. It raised full-year 2026 revenue and EBITDA guidance, expanded its share buyback authorization to $500 million, and launched money transfers from Brazil.
Remitly Global, Inc. announced its third-quarter 2026 financial results, reporting revenue of $509.8 million, a 22% increase, and net income of $67.6 million. Alongside these results, the company raised its full-year 2026 revenue and EBITDA guidance and expanded its share buyback authorization to $500 million. Additionally, Remitly launched money transfer services from Brazil, marking its first market where users can both send and receive funds through the platform.
Management noted that nearly 84% of transfers on the platform arrive in under a minute.