Remitly releases transcript of Q2 2026 earnings call
Reuters2026/08/07 04:15- Remitly posted the transcript of its Q2 2026 earnings call attended by CEO Sebastian Gunningham, CFO Vikas Mehta, and VP of Investor Relations David Beckel.
- Q2 revenue USD 495 million, up 20% y/y; adjusted EBITDA USD 115 million at 23% margin; free cash flow USD 130 million.
- Send volume rose 27% to USD 23.5 billion; quarterly active customers increased 20% to 10,200,000; take rate 2.11%.
- Management highlighted the Remitly Global Card launch, including a USD 9.99 monthly membership plan with a third-party-funded line of credit.
- Guidance: Q3 revenue USD 505 million-USD 507 million; Q3 adjusted EBITDA USD 92 million-USD 94 million; full-year revenue USD 1.98 billion-USD 1.99 billion.
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