Remitly Global Inc 's Cash & cash equivalent grew by 4.29 % in the Q2 2026 sequentially, while Current Liabilities decreased, this led to improvement in Remitly Global Inc 's Quick Ratio to 1.67, above Remitly Global Inc average Quick Ratio.

Within Professional Services industry 10 other companies have achieved higher Quick Ratio than Remitly Global Inc in second quarter 2026. While Quick Ratio total ranking in the second quarter 2026 has deteriorated compared to the prior quarter from 931 to 1406.

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RELY Quick Ratio	(Jun 30 2026) Q2	(Mar 31 2026) Q1	(Dec 31 2025) Q4	(Sep 30 2025) Q3	(Jun 30 2025) Q2
Y / Y Current Liabilities Change	84.04 %	24.76 %	21.29 %	16.03 %	-35.73 %
Y / Y Cash & cash equivalent Change	31.04 %	31.41 %	47.36 %	46.99 %	178.94 %
Quick Ratio MRQ	1.67	1.48	1.36	1.27	2.35
RELY's Total Ranking	# 1406	# 931	# 796	# 1266	#
Seq. Current Liabilities Change	-7.98 %	10.1 %	6.11 %	71.18 %	-37.62 %
Seq. Cash & cash equivalent Change	4.29 %	19.66 %	13.74 %	-7.68 %	4.59 %

Quick Ratio second quarter 2026 Company Ranking
Within:	No.
Professional Services Industry	# 11
Services Sector	# 95
Overall Market	# 1406

Quick Ratio Statistics
High	Average	Low
5.51	1.62	0.54
(Dec 31 2021)		(Jun 30 2024)

Financial Statements
Remitly Global Inc 's Current Liabilities	$ 404 Millions	Visit RELY's Balance sheet
Remitly Global Inc 's Cash & cash equivalent	$ 677 Millions	Visit RELY's Balance sheet
Source of RELY's Sales		Visit RELY's Sales by Geography

Cumulative Remitly Global Inc 's Quick Ratio

RELY's Quick Ratio for the trailling 12 Months

RELY Quick Ratio	(Jun 30 2026) 12 Months	(Mar 31 2026) 12 Months	(Dec 31 2025) 12 Months	(Sep 30 2025) 12 Months	(Jun 30 2025) 12 Months
Y / Y Current Liabilities TTM Growth	32.15 %	6.46 %	-1.16 %	-8.83 %	-11.04 %
Y / Y Cash & cash equivalent TTM Growth	37.71 %	59.3 %	74.42 %	65.77 %	67.26 %
Quick Ratio TTM	1.45	1.52	1.51	1.45	1.39
Total Ranking TTM	# 3981	# 2156	# 1970	# 3179	#
Seq. Current Liabilities TTM Growth	12.87 %	6.47 %	5.49 %	4.24 %	-9.07 %
Seq. Cash & cash equivalent TTM Growth	7.34 %	7.64 %	9.4 %	8.95 %	24.16 %

Quick ratio ranking by company, industry and sector >> Back to RELY Financial Strength Comparisons >> Go to Compare RELY Quick Ratio to its Competitors

On the trailing twelve months basis Due to decrease in Current Liabilities in the Q2 2026 to $404.31 millions, cumulative Quick Ratio decreased to 1.45 above the RELY average Quick Ratio.
Quick Ratio is the average cumulative value over the last four quarters.

Among companies operating within Professional Services industry 116 other companies have achieved higher Quick Ratio than Remitly Global Inc . While Quick Ratio total ranking has deteriorated compared to the previous twelve months ending in the first quarter 2026 from 2156 to 3981.

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How much Cash & cash equivalents RELY�s has?
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TTM Quick Ratio Company Ranking
Within:	No.
Within the Professional Services Industry	# 117
Services Sector	# 512
Within the Market	# 3981

trailing twelve months Quick Ratio Statistics
High	Average	Low
2.18	1.25	0.74
(Sep 30 2022)		(Jun 30 2024)

Companies with similar Quick Ratio in the quarter ending Jun 30 2026, within Professional Services Industry	Quick Ratio	Jun 30 2026 MRQ Cash & cash equivalent	Jun 30 2026 MRQ Current Liabilities
Xometry Inc	4.22	$ 516.669 Millions	$ 122.572 Millions
Paymentus Holdings Inc	3.73	$ 377.694 Millions	$ 101.195 Millions
New England Realty Associates Limited Partnership	3.67	$ 28.419 Millions	$ 7.733 Millions
Zoned Properties Inc	3.63	$ 2.449 Millions	$ 0.675 Millions
Optimizerx Corp	2.48	$ 24.096 Millions	$ 9.711 Millions
Ten Holdings Inc	2.37	$ 5.833 Millions	$ 2.460 Millions
American Well Corporation	2.15	$ 195.946 Millions	$ 91.260 Millions
Costar Group Inc	1.69	$ 1,266.000 Millions	$ 747.000 Millions
Remitly Global Inc	1.67	$ 676.879 Millions	$ 404.314 Millions
Healthequity Inc	1.66	$ 256.003 Millions	$ 153.775 Millions
Nutex Health Inc	1.61	$ 207.108 Millions	$ 128.834 Millions
Akamai Technologies Inc	1.18	$ 3,355.387 Millions	$ 2,841.219 Millions
Marchex Inc	1.07	$ 8.151 Millions	$ 7.606 Millions
Mercadolibre Inc	1.06	$ 18,923.000 Millions	$ 17,857.000 Millions
Tic Solutions Inc	1.04	$ 362.420 Millions	$ 348.156 Millions
Maplebear Inc	1.04	$ 967.000 Millions	$ 929.000 Millions
International Money Express Inc	1.03	$ 150.636 Millions	$ 145.831 Millions
Sothebys	1.00	$ 0.714 Millions	$ 0.714 Millions
Heritage Global Inc	0.97	$ 13.179 Millions	$ 13.579 Millions
Asiafin Holdings Corp	0.96	$ 1.584 Millions	$ 1.642 Millions
Andersen Group Inc	0.96	$ 177.707 Millions	$ 185.463 Millions
Research Solutions inc	0.94	$ 12.630 Millions	$ 13.473 Millions
Flywire Corporation	0.89	$ 294.184 Millions	$ 330.917 Millions
Etsy Inc	0.88	$ 1,122.288 Millions	$ 1,270.311 Millions
Liquidity Services Inc	0.84	$ 144.148 Millions	$ 171.828 Millions
Ebay Inc	0.82	$ 4,851.000 Millions	$ 5,892.000 Millions
Gyrodyne, Llc	0.82	$ 3.771 Millions	$ 4.596 Millions
Doordash Inc	0.81	$ 5,347.000 Millions	$ 6,634.000 Millions
Sezzle Inc	0.78	$ 79.757 Millions	$ 101.664 Millions
Lyft Inc	0.77	$ 3,756.760 Millions	$ 4,880.471 Millions

Date modified: 2026-09-09T00:20:51+00:00

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