Why Remitly Global Stock Jumped In February

2026-03-04 16:26:58 ET

Shares of Remitly Global (NASDAQ: RELY) popped 26.3% in February, according to data from S&P Global Market Intelligence . The remittance provider released earnings on February 18th, showing strong growth, healthy margin expansion, and providing robust guidance for 2026. However, shares of Remitly are still down 64% from highs set at the time of its initial public offering ( IPO ) five years ago.

Here's why Remitly shares are soaring in February, and whether it is a buy for your portfolio today.

In the fourth quarter of 2025, Remitly's revenue grew 26% year over year to $442 million. This was driven by an increase of 19% in active customers and 35% in send volume. As a mobile remittance disruptor, Remitly is now targeting large-volume senders -- both individuals and businesses -- which is lowering its take rate but still driving robust revenue growth.

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