Remitly Global Inc. (NASDAQ:RELY) surged 20.87% in after-hours trading to $16.45 Wednesday after reporting fourth-quarter and annual results ending Dec. 31, 2025, and announcing a CEO transition.

Q4 2025 Marks Strongest Quarter on Record

The Washington-based digital financial services company said fourth-quarter revenue rose 26% year over year to $442.2 million, while adjusted earnings before interest, taxes, depreciation, and amortization increased 98% to $88.6 million.

Remitly Global reported net income of $41.2 million, reversing a net loss of $5.7 million a year earlier. The company said active customers rose 19% to 9.3 million, and send volume jumped 35% to $20.8 billion.

Full-Year 2025 Reflects Profitability Inflection

For full-year 2025, Remitly Global revenue rose 29% to $1.6 billion, and adjusted EBITDA nearly doubled, increasing 93% to $272.2 million.

According to the company, net income was $67.9 million, compared with a net loss of $37 million in 2024. Send volume rose 37% to $74.9 billion. Operating cash flow reached $325.1 million, with free cash flow of $283.3 million.

For fiscal year 2026, Remitly Global guided total revenue of $1.94 billion to $1.96 billion, up 19% to 20% year over year.

The company expects adjusted EBITDA to be $340 million to $360 million.

New CEO Named Alongside Guidance

In a separate press release on Wednesday, the company said co-founder Matt Oppenheimer will transition the CEO role to Sebastian Gunningham, effective on Thursday.

The company stated Gunningham previously served as a senior vice president at Amazon (NASDAQ:AMZN) and as chairman of Santander Consumer Finance.

Trading Metrics, Technical Analysis

With a market capitalization of $2.85 billion, RELY’s shares have traded as high as $27.27 and as low as $12.08 over the past 52 weeks.

Remitly Global has a Relative Strength Index (RSI) of 52.83.

Over the past 12 months, the stock of the fintech has dropped 47.47%, highlighting significant challenges in its longer-term trend.

The stock is positioned near the lower end of its 52-week range, just about 10% above its annual low

The long-term trend and weak positioning indicate that, while short-term opportunities may exist, overall sentiment has been negative and traders should watch for signs of a reversal or continued weakness.

Price Action: RELY closed on Wednesday at $13.61, up 4.05%, according to Benzinga Pro data.

Benzinga’s Edge Stock Rankings indicate that RELY has a negative price trend across all time frames.

Photo: santima.studio / Shutterstock

Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.