Remitly Global's stock climbed 30% this week following the release of fourth-quarter results that exceeded expectations and bullish guidance for the coming year. The digital remittance platform reported 19% year-over-year growth in active customers and 26% revenue expansion, while send volumes increased 35% during the period. The company also achieved a record 9% GAAP operating margin, demonstrating improved operational efficiency as it scales its money transfer services.
Looking ahead, Remitly provided 2026 revenue guidance of 20% growth with adjusted EBITDA projected between $340 million and $360 million. The guidance points to continued expansion in both customer acquisition and transaction volumes across its international markets. At current valuation multiples, the stock trades at approximately 10x the company's 2026 earnings guidance, a relatively modest valuation relative to growth technology companies.
The market's positive reception reflects investor confidence in Remitly's business model as the company demonstrates sustained growth while achieving profitability milestones. The strong quarter and forward guidance suggest the remittance sector continues to benefit from secular trends in global payments and cross-border money transfer demand.