Remitly Global, Inc. (RELY) Balance Sheet
RELY balance sheet, 2025
December 31, 2025 · U.S. dollars$1.46B assets = $589.9M liabilities + $868.8M equity
Both columns are drawn to the same scale: what RELY owns equals what it owes plus shareholders’ equity. Hover a block for its value.
RELY financial health
Descriptive bands, not a rating. Fiscal 2025.
RELY balance sheet trends, 2015–2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $700.9M2015 | $1.46B2025 | +8.5%/yr | |
| Total liabilities | $559.3M2015 | $589.9M2025 | +0.6%/yr | |
| Shareholders’ equity | $141.6M2015 | $868.8M2025 | +22.3%/yr | |
| Cash & short-term investments | $35.7M2015 | $828.9M2025 | +41.8%/yr | |
| Total debt | $314.4M2015 | $220.3M2025 | −3.9%/yr | |
| Net cash (debt) | −$278.7M2015 | $608.6M2025 | +$887.3M | |
| Working capital | $116.7M2015 | $916.9M2025 | +$800.2M | |
| Book value per share | $1.162020 | $3.992025 | +28.0%/yr | |
| Current ratio | 1.752015 | 3.302025 | +1.55 | |
| Debt / equity | 2.222015 | 0.252025 | −1.97 | |
| Shares outstanding | 152.0M2020 | 217.6M2025 | +7.4%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
RELY assets
RELY liabilities and equity
RELY debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
RELY balance sheet
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Cash & short-term investments | $828.9M | $368.1M | $323.7M | $300.6M | $403.3M | $186.7M | $182.4M | $31.9M | $27.8M | $35.7M |
| Cash & equivalents | $542.4M | $368.1M | $323.7M | $300.6M | $403.3M | $186.7M | $182.4M | $24.9M | $27.2M | $35.7M |
| Short-term investments | $286.5M | $194.0M | — | $191.4M | $67.2M | — | — | $7.0M | $600,000 | — |
| Receivables | $286.5M | $213.0M | $397.8M | $191.4M | $67.2M | $50.7M | $29.5M | $122.5M | $88.4M | $77.2M |
| Inventory | $0 | $0 | $194.5M | $158.1M | $119.6M | $101.6M | $31.8M | $107.3M | $118.2M | $101.2M |
| Other current assets | $200.6M | $316.4M | $16.0M | $19.3M | $17.4M | $6.3M | $4.8M | $43.4M | $52.4M | $57.7M |
| Total current assets | $1.32B | $897.5M | $932.1M | $669.4M | $607.6M | $345.3M | $248.5M | $305.1M | $286.8M | $271.8M |
| Property, plant & equipment (net) | $74.0M | $44.6M | $25.5M | $20.2M | $14.6M | $15.3M | $15.8M | $247.5M | $289.2M | $301.5M |
| Goodwill & intangible assets | $57.1M | $65.4M | $71.6M | $0 | $0 | $0 | $0 | $9.8M | $54.7M | $119.4M |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $11.7M | $5.4M | $7.1M | $6.3M | $3.6M | $2.4M | $1.7M | $29.7M | $14.8M | $8.2M |
| Total assets | $1.46B | $1.01B | $1.04B | $696.0M | $625.7M | $363.0M | $266.1M | $592.1M | $645.5M | $700.9M |
| Liabilities | ||||||||||
| Accounts payable | $28.4M | $16.2M | $35.1M | $6.8M | $1.2M | $4.3M | $202,000 | $96.4M | $115.8M | $100.9M |
| Short-term debt | $9.0M | $7.2M | $8.5M | $3.5M | $3.2M | $83.0M | $47.6M | $3.6M | $2.3M | $2.3M |
| Deferred revenue | — | — | −$706,000 | — | $66.7M | $23.0M | $13.5M | $9.0M | $2.0M | $6.0M |
| Total current liabilities | $399.1M | $329.0M | $366.8M | $209.1M | $141.6M | $181.8M | $144.6M | $232.0M | $164.5M | $155.1M |
| Long-term debt | $155.0M | $0 | $130.0M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Lease obligations | $34.3M | $13.8M | $10.5M | $9.2M | $6.1M | $7.0M | $8.0M | — | — | — |
| Other long-term liabilities | $35.9M | $18.4M | $10.1M | $6.7M | $3.7M | $4.8M | $5.4M | $14.5M | $363.6M | $324.2M |
| Total liabilities | $589.9M | $347.4M | $507.0M | $215.9M | $145.3M | $186.6M | $150.0M | $673.2M | $612.1M | $559.3M |
| Shareholders' equity | ||||||||||
| Common stock & paid-in capital | $21,000 | $20,000 | $19,000 | $17,000 | $16,000 | $2,000 | $2,000 | $29.7M | $4.0M | $28.9M |
| Retained earnings (deficit) | −$460.3M | −$528.3M | −$491.3M | −$373.5M | −$259.4M | −$220.7M | −$188.1M | −$627.9M | −$506.2M | −$403.3M |
| Accumulated other comprehensive income | $3.6M | −$1.7M | $335,000 | −$743,000 | $253,000 | $591,000 | $34,000 | $4.5M | −$7.1M | −$1.0M |
| Total shareholders' equity | $868.8M | $665.5M | $529.3M | $480.1M | $480.3M | $176.4M | $116.1M | −$81.1M | $33.4M | $141.6M |
| Key figures | ||||||||||
| Total debt | $220.3M | $16.3M | $143.0M | $9.2M | $6.1M | $87.0M | $53.0M | $8.0M | $356.5M | $314.4M |
| Net cash (debt) | $608.6M | $351.8M | $180.7M | $291.4M | $397.1M | $99.7M | $129.3M | $23.9M | −$328.7M | −$278.7M |
| Working capital | $916.9M | $568.5M | $565.3M | $460.3M | $465.9M | $163.6M | $104.0M | $73.1M | $122.3M | $116.7M |
| Tangible book value | $811.7M | $600.1M | $457.8M | $480.1M | $480.3M | $176.4M | $116.1M | −$90.9M | −$21.3M | $22.2M |
| Book value per share | $3.99 | $3.42 | $2.93 | $2.86 | $7.91 | $1.16 | — | — | — | — |
| Shares outstanding | 217.6M | 194.6M | 180.8M | 167.8M | 60.7M | 152.0M | — | — | — | — |
| Current ratio | 3.30 | 2.73 | 2.54 | 3.20 | 4.29 | 1.90 | 1.72 | 1.32 | 1.74 | 1.75 |
| Quick ratio | 2.79 | 1.77 | 1.97 | 2.35 | 3.32 | 1.31 | 1.47 | 0.67 | 0.71 | 0.73 |
| Debt / equity | 0.25 | 0.02 | 0.27 | 0.02 | 0.01 | 0.49 | 0.46 | — | 10.67 | 2.22 |
| Equity / assets | 59.6% | 65.7% | 51.1% | 69.0% | 76.8% | 48.6% | 43.6% | −13.7% | 5.2% | 20.2% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||
| Cash & short-term investments | $676.4M | $649.1M | $828.9M | $476.9M | $515.9M | $493.9M | $368.1M | $324.4M | $185.2M | $286.0M | $323.7M | $223.3M |
| Cash & equivalents | $676.4M | $649.1M | $542.4M | $476.9M | $515.9M | $493.9M | $368.1M | $324.4M | $185.2M | $286.0M | $323.7M | $223.3M |
| Short-term investments | — | $295.8M | $286.5M | $307.5M | $257.4M | $213.6M | $194.0M | $276.1M | $461.8M | $439.2M | $379.4M | $259.3M |
| Receivables | $556.7M | $315.9M | $286.5M | $307.5M | $293.9M | $237.1M | $213.0M | $293.4M | $478.7M | $455.9M | $397.8M | $259.3M |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | −$293.4M | $1 | $1 | $207.7M | $216.2M |
| Other current assets | $52.9M | $282.8M | $200.6M | $297.0M | $227.2M | $247.7M | $316.4M | $536.8M | $176.6M | $230.2M | $2.8M | $30.0M |
| Total current assets | $1.29B | $1.25B | $1.32B | $1.08B | $1.04B | $978.7M | $897.5M | $861.3M | $840.6M | $972.0M | $932.1M | $728.8M |
| Property, plant & equipment (net) | $70.0M | $70.1M | $74.0M | $66.0M | $60.1M | $53.4M | $44.6M | $35.1M | $34.1M | $29.6M | $25.5M | $25.0M |
| Goodwill & intangible assets | $56.0M | $56.5M | $57.1M | $59.1M | $61.2M | $63.3M | $65.4M | $67.5M | $69.2M | $70.4M | $71.6M | $72.8M |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $155.5M | $11.4M | $11.7M | $7.1M | $7.8M | $5.2M | $5.4M | $6.6M | $6.4M | $7.2M | $7.1M | $6.1M |
| Total assets | $1.57B | $1.39B | $1.46B | $1.21B | $1.17B | $1.10B | $1.01B | $970.4M | $950.2M | $1.08B | $1.04B | $832.8M |
| Liabilities | ||||||||||||
| Accounts payable | $39.9M | $28.8M | $28.4M | $32.2M | $18.9M | $38.9M | $16.2M | $16.8M | $20.9M | $12.3M | $35.1M | $17.9M |
| Short-term debt | $10.8M | $9.5M | $9.0M | $7.2M | $6.5M | $6.5M | $7.2M | $7.9M | $8.6M | $8.2M | $8.5M | $7.7M |
| Deferred revenue | $195.5M | — | — | — | — | — | — | — | −$6.2M | $74.8M | $73.9M | $75.3M |
| Total current liabilities | $404.3M | $439.4M | $399.1M | $376.1M | $363.7M | $352.2M | $329.0M | $324.1M | $341.8M | $367.8M | $366.8M | $300.4M |
| Long-term debt | $0 | $0 | $155.0M | $0 | $0 | $0 | $0 | $0 | $15.0M | $150.0M | $130.0M | $0 |
| Lease obligations | $35.2M | $36.5M | $34.3M | $32.8M | $29.7M | $18.8M | $13.8M | $11.3M | $12.4M | $11.1M | $10.5M | $11.1M |
| Other long-term liabilities | $36.3M | $39.0M | $35.9M | $40.5M | $37.5M | $25.0M | $18.4M | $15.5M | $14.4M | $12.0M | $10.1M | $6.6M |
| Total liabilities | $440.6M | $478.3M | $589.9M | $416.5M | $401.2M | $377.1M | $347.4M | $339.6M | $371.3M | $529.8M | $507.0M | $307.0M |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $21,000 | $21,000 | $21,000 | $21,000 | $21,000 | $20,000 | $20,000 | $20,000 | $20,000 | $19,000 | $19,000 | $19,000 |
| Retained earnings (deficit) | −$205.4M | −$411.3M | −$460.3M | −$501.6M | −$510.4M | −$516.9M | −$528.3M | −$522.6M | −$524.5M | −$512.4M | −$491.3M | −$456.3M |
| Accumulated other comprehensive income | $2.2M | $2.4M | $3.6M | $3.7M | $4.2M | $75,000 | −$1.7M | $1.9M | −$404,000 | −$307,000 | $335,000 | −$1.1M |
| Total shareholders' equity | $1.13B | $907.4M | $868.8M | $797.2M | $764.9M | $723.5M | $665.5M | $630.8M | $578.9M | $549.4M | $529.3M | $525.8M |
| Key figures | ||||||||||||
| Total debt | $38.3M | $39.3M | $220.3M | $35.5M | $32.4M | $21.2M | $16.3M | $13.7M | $29.8M | $163.5M | $143.0M | $13.5M |
| Net cash (debt) | $638.1M | $609.8M | $608.6M | $441.4M | $483.5M | $472.7M | $351.8M | $310.8M | $155.4M | $122.5M | $180.7M | $209.8M |
| Working capital | $881.6M | $808.3M | $916.9M | $705.4M | $673.3M | $626.6M | $568.5M | $537.2M | $498.7M | $604.2M | $565.3M | $428.4M |
| Tangible book value | $1.07B | $850.9M | $811.7M | $738.0M | $703.7M | $660.2M | $600.1M | $563.3M | $509.8M | $479.0M | $457.8M | $453.0M |
| Book value per share | $5.10 | $4.18 | $4.03 | $3.67 | $3.49 | $3.31 | $3.42 | $3.07 | $2.99 | $2.89 | $2.84 | $2.88 |
| Shares outstanding | 221.0M | 217.0M | 215.6M | 217.2M | 219.0M | 218.4M | 194.6M | 205.3M | 193.5M | 189.8M | 186.3M | 182.6M |
| Current ratio | 3.18 | 2.84 | 3.30 | 2.88 | 2.85 | 2.78 | 2.73 | 2.66 | 2.46 | 2.64 | 2.54 | 2.43 |
| Quick ratio | 3.05 | 2.20 | 2.79 | 2.09 | 2.23 | 2.08 | 1.77 | 1.91 | 1.94 | 2.02 | 1.97 | 1.61 |
| Debt / equity | 0.03 | 0.04 | 0.25 | 0.04 | 0.04 | 0.03 | 0.02 | 0.02 | 0.05 | 0.30 | 0.27 | 0.03 |
| Equity / assets | 71.9% | 65.5% | 59.6% | 65.7% | 65.6% | 65.7% | 65.7% | 65.0% | 60.9% | 50.9% | 51.1% | 63.1% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed February 18, 2026); data from EODHD.
RELY financial position
At the end of fiscal 2025 (December 31, 2025), Remitly Global had total assets of $1.5 billion (up 44.0% from a year earlier), total liabilities of $589.9 million and shareholders' equity of $868.8 million. It held $828.9 million in cash and short-term investments against $220.3 million of debt, a net cash position of $608.6 million. Its current ratio was 3.30. In the latest quarter (ended June 30, 2026) total assets were $1.6 billion and equity $1.1 billion.
Related: RELY income statement, RELY cash flow statement, RELY key metrics. See the RELY stock overview for the latest quote and news.
RELY balance sheet FAQ
What are Remitly Global's total assets?
Remitly Global reported total assets of $1.5 billion at the end of fiscal 2025 (December 31, 2025), compared with $1.0 billion a year earlier.
How much debt does Remitly Global have?
Remitly Global had $220.3 million of total debt at the end of fiscal 2025, including short-term borrowings and lease obligations. Its debt-to-equity ratio was 0.25.
How much cash does Remitly Global have?
Remitly Global held $828.9 million in cash and short-term investments at the end of fiscal 2025; with $220.3 million of debt that is net cash of $608.6 million.
What is Remitly Global's book value?
Remitly Global's shareholders' equity (book value) was $868.8 million at the end of fiscal 2025, or $3.99 per share.
What is Remitly Global's current ratio?
Remitly Global had current assets of $1.3 billion and current liabilities of $399.1 million, a current ratio of 3.30 (it can cover its short-term obligations).
How much goodwill does Remitly Global have?
Remitly Global carried $57.1 million of goodwill and intangible assets, 3.9% of total assets, at the end of fiscal 2025.