Company / Income Tax
Remitly Global, Inc. Income Tax History
FY2019-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Income Tax
$3.7M
FY2025
5-year range
$259.0K / $6.7M
FY2021-FY2025
Trend
-45.1%
vs FY2024
Sector context
#277 of 357
Industrials
What the data says
Remitly Global, Inc.'s income tax of $4M is lower than 78% of companies in the Industrials sector (FY2025). Income Tax has fluctuated over the past 7 years, ranging from $259,000 in FY2021 to $7M in FY2024.
Based on SEC 10-K filings.
$4M in FY2025 with a 5-year CAGR of +26.0%.
Improved from $6M to $4M over the past 2 years.
Industrials sector context is included.
Income Tax over time
Growth rates
- 3-Year CAGR
- +52.4%
- 5-Year CAGR
- +26.0%
- 10-Year CAGR
- -
Sector benchmark
Top 22% in IndustrialsTop 22% of 357This company $3.7M Sector average $123.9M
▼
-97.0% below sector average
Key checks
Key Insights
- 5-year CAGR of +26.0%, indicating consistent growth.
- In FY2025, income tax decreased 45.1% year-over-year.
- Ranks #277 out of 357 companies in the Industrials sector.
- Peak income tax was recorded in FY2024.
Company context
Key Data Points
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Income TaxValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $3.7M | -45.1% |
| FY2024 | $6.7M | +14.0% |
| FY2023 | $5.9M | +465.9% |
| FY2022 | $1.0M | +302.7% |
| FY2021 | $259.0K | -77.7% |
| FY2020 | $1.2M | +349.0% |
| FY2019 | $259.0K | - |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026