Remitly Global, Inc. (RELY) Operating Margin % [USD] 2021 - 2024

Historical data

Taxonomy & unit
ratio: %
Description
The operating margin measures the profit a company makes on a dollar of sales after accounting for the direct costs involved in earning those revenues.
Summary
Remitly Global, Inc. quarterly/annual Operating Margin history and growth rate from 2021 to 2024.
  • Remitly Global, Inc. Operating Margin for the quarter ending March 31, 2024 was -10.5 %, a 39.8% increase year-over-year.
  • Remitly Global, Inc. annual Operating Margin for 2023 was -12.1 %, a 34.7% increase from 2022.
  • Remitly Global, Inc. annual Operating Margin for 2022 was -18.5 %, a 114% decline from 2021.
  • Remitly Global, Inc. annual Operating Margin for 2021 was -8.66 %, a 23.8% increase from 2020.
Operating Margin, Quarterly (% [USD])
Operating Margin, YoY Quarterly Growth (%)
Period Value YoY Chg Change % Start Date End Date
Q1 2024 -10.5 +6.95 +39.8% Jan 1, 2024 Mar 31, 2024
Q4 2023 -12.1 +6.43 +34.7% Oct 1, 2023 Dec 31, 2023
Q3 2023 -12.2 +7.01 +36.5% Jul 1, 2023 Sep 30, 2023
Q2 2023 -13.1 +3.56 +21.3% Apr 1, 2023 Jun 30, 2023
Q1 2023 -17.5 -6.67 -61.8% Jan 1, 2023 Mar 31, 2023
Q4 2022 -18.5 -9.86 -114% Oct 1, 2022 Dec 31, 2022
Q3 2022 -19.2 Jul 1, 2022 Sep 30, 2022
Q2 2022 -16.7 Apr 1, 2022 Jun 30, 2022
Q1 2022 -10.8 Jan 1, 2022 Mar 31, 2022
Q4 2021 -8.66 Oct 1, 2021 Dec 31, 2021
* An asterisk sign (*) next to the value indicates that the value is likely invalid.