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RELYRemitly Global, Inc.Buy Wait6.9·$26.88+0.22%

Remitly Global (RELY) Q2 2026 earnings — TrendMatrix coverage

BEAT+256.9% vs estimateEPS $1.12 vs $0.31 estCurrent verdict Buy (Wait) 6.9/10

Reported

Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure

Event detail · Q2 2026

Key numbers

Reported EPS
$1.12
Estimate
$0.31
Surprise
+256.9%
Revenue (period 2026-06-30)
$495.2M
Score today
6.9/10

Revenue source: xbrl.

Report record · Q2 2026

How the report landed

Remitly Global (RELY) beat the $0.31 estimate with diluted EPS of $1.12 — a large 256.9% upside surprise.

Current read · as of 2026-09-04

Where TrendMatrix's rating stands now

TrendMatrix currently rates RELY Buy (Wait) at 6.9/10; no pre/post engine snapshot brackets this report.

3 of the last 4 quarters beat the estimate; this quarter's +256.9% surprise compares with a +111.6% four-quarter average. Next scheduled report: 2026-11-04.

What supports the rating

  • V7 quality resilience bonus: +0.2 (Q=8.0 in RISK_OFF)
  • Strong earnings beat streak (3/4)

What argues against it

  • Concentration risk — Product: global money movement
  • Thin upside margin: 4.5%
  • Near 52-week high (0.8% away)

This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.

Current engine read

The levels TrendMatrix's engine tracks

Current price
$26.88
Entry target
$22.95
Price target
$28.13
Stop
$20.76
Upside to target
+4.7%
Reward-to-risk
0.3:1

At 18.5× trailing and 16.6× forward earnings, consensus estimates imply little change in earnings power.

Model outputs from TrendMatrix’s engine as of 2026-09-04 — shown for context, not personalized investment advice.

Technology context

RELY at TrendMatrix's latest read

Technology names get repriced on forward expectations more than trailing prints — a quarter here is read through next-year growth and multiple, not the EPS line alone.

Industry
Software - Infrastructure
Market cap
$5.68B
P/E (fwd)
16.6
P/E (ttm)
18.5
52-week range
$12.08$27.15
Off 52-week high
1.0%
RSI (14)
54
Volume vs avg
1.12×
Score today
6.9/10

Earnings figures are sourced from TrendMatrix’s pipeline (EPS: existing earnings extraction; revenue: SEC XBRL company facts where available, yfinance-provisional otherwise). Not a buy/sell rating, a price target, or investment advice — see the current verdict on the stock’s main page for TrendMatrix’s live read.

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