Slide 1: Investor Presentation Second Quarter 2026 Earnings
Investor Presentation Second Quarter 2026 Earnings August 5, 2026
Slide 2: Disclosures
Disclosures Forward-Looking Statements This presentation contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact are forward-looking statements. These statements include, but are not limit
Slide 3: 2Q Strategic Overview
2Q Strategic Overview Sebastian Gunningham CEO 3 August 2026 / © 2026 Remitly Inc.
Slide 4: Record revenue and profitability
2Q 2026 Revenue $495m up 20% YoY Record revenue 2Q 2026 Profitability and profitability $205.9m 1 Net Income up $199m YoY $114.7m 2 Adj. EBITDA up 79% YoY 1. Net Income includes a $140.6m discrete tax benefit from the U.S. valuation allowance release. 23% 2. Adjusted EBITDA and Adjusted EBITDA Margi
Slide 5: Operating Philosophy
Smaller teams, Speed as clearer the default ownership Operating Philosophy Fewer layers, Focus on our faster decisions customers’ wants and needs 5 August 2026 / © 2026 Remitly Inc.
Slide 6: Growth accelerators
Opportunities for driving customer value Growth accelerators High Value Business Receivers Senders Send CoreSenders Core Send Remittances Growth accelerators Borrow Send now, pay later Spend Card Save Wallet 6 August 2026 / © 2026 Remitly Inc. Expansion Opportunities
Slide 7: Key customer and product updates
Key customer and product updates Core Senders High Value Business Receivers Senders ● Added 5 ● Lowered ● QoQ acceleration ● Receivers product new receive customer friction in growth expanded to countries 130 countries ● Introduced ● Launched in 23 ● More real-time bank wires as a new countries ● La
Slide 8: AI Benefits
Trust AI Benefits Growth & Profitability Cost Speed 8 August 2026 / © 2026 Remitly Inc.
Slide 9: 2Q Financial Results
2Q Financial Results Vikas Mehta CFO 9 August 2026 / © 2026 Remitly Inc.
Slide 10: 2Q — Excellent results across the board
Scale Revenue Profitability $23.5b $495m $205.9m 1 2Q — 27% YoY growth in send volume 20% YoY growth in revenue Up $199m YoY for Net Income Excellent 10.2m $114.7m 2 results across 20% YoY growth in quarterly active customers 79% YoY growth in Adj. EBITDA the board 23% 2 Adj. EBITDA Margin 1. Net In
Slide 11: Continued momentum across key drivers of revenue growth
Send Volume (in billions) Send Volume Revenue (in $ billions) (in $ millions) Continued momentum across key YoY % Growth 40% 35% 35% 37% 27% YoY % Growth 34% 25% 26% 25% 20% drivers of revenue Quarterly Active Customers (in millions) Transaction Margin Dollars1 (in $ millions) growth Operating Incom
Slide 12: Growth Accelerators continue to scale
• 37% YoY volume growth High Value • 70 basis point increase in volume mix YoY Senders1 • First $300k transaction and $1m volume customer Growth Accelerators • >25k active businesses in 2Q Remitly continue Business • Sequential acceleration in QoQ growth for both volume and revenue to scale • Genera
Slide 13: Delivering operating efficiencies across the board
Delivering operating efficiencies across the board 2Q 26 Year-over-Year Change Performance Drivers Transaction Margin1 TM 235 bps • • Lower transaction expenses, reflecting improved network economics Lower transaction losses as a % of send volume 11 • Expanded Skip the Line campaign, launched World
Slide 14: Operating leverage drove strong growth in Net Income and Adj. EBITDA
Operating Net Income1 Operating Free Cash Flow2 $54 $90 $100 $82 $135 leverage Cash Flow4 drove strong growth in Net Income, Net Income Margin 2% 2% 9% 11% 42% FCF Margin 11% 19% 20% 16% 26% and Adj. EBITDA Adjusted EBITDA2 Outstanding Shares3 Note: $ and share count in millions. 1. Net Income inclu
Slide 15: 2026 and 3Q 2026 Outlook
2026 2026 and $1.978b - $1.988b 2026 Revenue, 21% to 22% YoY growth 3Q 2026 Outlook $410m - $415m 2026 Adj. EBITDA, 21% Adj. EBITDA margin 3Q 2026 Note: Year over year growth in net income in 2Q and full year 2026. This guidance is only effective as of the date given, May 6, 2026, $505m - $507m and
Slide 16: Q&A
Q&A 16 August 2026 / © 2026 Remitly Inc.
Slide 17: Thank you.
Thank you.
Slide 18: Appendix
Appendix 18 August 2026 / © 2026 Remitly Inc.
Slide 19: Non-GAAP Financial Measures
Non-GAAP Financial Measures Some of the financial information and data contained in this presentation, such as Adjusted EBITDA, non-GAAP operating expenses, transaction margin dollars, transaction margin, and free cash flow, have not been prepared in accordance with accounting principles generally a
Slide 20: Non-GAAP Reconciliation
Non-GAAP Reconciliation Reconciliation of net income to Adjusted EBITDA and calculation of Adjusted EBITDA margin 2Q 2026 1Q 2026 4Q 2025 3Q 2025 2Q 2025 (in thousands, except for percentages) Net income $205,908 $49,053 $41,216 $8,829 $6,536 Add: Interest (income) expense, net 1,667 784 762 50 (411
Slide 21: Non-GAAP Reconciliation
Non-GAAP Reconciliation Reconciliation of transaction margin dollars and transaction margin 2Q 2026 1Q 2026 4Q 2025 3Q 2025 2Q 2025 (in thousands, except for percentages) Income from operations $66,681 $53,740 $38,815 $11,777 $14,643 Add: Customer support an operations 26,639 26,811 27,193 26,386 25
Slide 22: Non-GAAP Reconciliation
Non-GAAP Reconciliation Reconciliation of cash flows from operations to free cash flow and calculation 2Q 2026 1Q 2026 4Q 2025 3Q 2025 2Q 2025 of free cash flow margin (in thousands, except for percentages) Net cash provided by operating activities1 $134,620 $81,892 $99,909 $89,701 $54,689 Less: Pur
Slide 23: Non-GAAP Reconciliation
Non-GAAP Reconciliation Reconciliation of operating expenses to non-GAAP operating expenses 2Q 2026 1Q 2026 4Q 2025 3Q 2025 2Q 2025 (in thousands) Customer support and operations $26,639 $26,811 $27,193 $26,386 $25,074 Excluding: Stock-based compensation expense, net 417 309 411 455 453 Excluding: P