Company / Interest Expense
Remitly Global, Inc. Interest Expense History
FY2019-FY2023 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Interest Expense
$2.4M
FY2023
5-year range
$1.3M / $2.4M
FY2019-FY2023
Trend
+80.6%
vs FY2022
Sector context
#96 of 111
Industrials
What the data says
Remitly Global, Inc.'s interest expense of $2M is lower than 86% of companies in the Industrials sector (FY2023). Interest Expense has fluctuated over the past 5 years, ranging from $1M in FY2020 to $2M in FY2023.
Based on SEC 10-K filings.
$2M in FY2023 with a 3-year CAGR of +25.5%.
Increased from $2M to $2M over the past 2 years.
Industrials sector context is included.
Interest Expense over time
Growth rates
- 3-Year CAGR
- +25.5%
- 5-Year CAGR
- -
- 10-Year CAGR
- -
Sector benchmark
Top 14% in IndustrialsTop 14% of 111This company $2.4M Sector average $108.8M
▼
-97.8% below sector average
Key checks
Key Insights
- 3-year CAGR of +25.5%, indicating consistent growth.
- In FY2023, interest expense increased 80.6% year-over-year.
- Ranks #96 out of 111 companies in the Industrials sector.
- Lowest interest expense in the period was in FY2020.
Company context
Key Data Points
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Interest ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | - | - |
| FY2024 | - | - |
| FY2023 | $2.4M | +80.6% |
| FY2022 | $1.3M | -19.0% |
| FY2021 | $1.6M | +35.2% |
| FY2020 | $1.2M | -26.1% |
| FY2019 | $1.6M | - |
As of FY2023 · SEC 10-K · Updated Jun 30, 2026