Remitly (RELY) Q4 2025 Earnings Call Transcript

Motley Fool Transcribing, The Motley Fool

Fri, February 20, 2026 astatine 9:29 AM CST 50 min read

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Wednesday, Feb. 18, 2026, astatine 5 p.m. ET

• Co-Founder and Chief Executive Officer — Matthew B. Oppenheimer

• Incoming Chief Executive Officer — Sebastian Gunningham

• Chief Financial Officer — Vikas Mehta

• Vice President of Investor Relations — David Beckel

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Operator: Good day, and convey you for lasting by. Welcome to the Remitly Global, Inc. Fourth Quarter and Full Year 2025 Earnings Conference Call. At this time, participants are successful a listen-only mode. After the speakers' presentation, determination volition beryllium a question-and-answer session. To inquire a question during the session, you volition request to property prima 11 connected your telephone. You volition past perceive an automated connection advising your manus is raised. To retreat your question, delight property prima 11 again. Please beryllium advised that today's league is being recorded. I would present similar to manus the league implicit to your talker today, David Beckel, Vice President of Investor Relations. Please spell ahead.

David Beckel: Good afternoon, and convey you for joining america for Remitly Global, Inc.'s 4th fourth and afloat twelvemonth 2025 net call. Joining maine connected the telephone contiguous are Matthew B. Oppenheimer, Co-Founder and Chief Executive Officer of Remitly Global, Inc., Sebastian Gunningham, incoming CEO of Remitly Global, Inc., and Vikas Mehta, Chief Financial Officer. Results and further absorption commentary are disposable successful the net merchandise and presumption slides, which tin beryllium recovered astatine ir.remitly.com. Please enactment that this telephone volition beryllium simultaneously webcast connected the Investor Relations website.

Before we start, I would similar to punctual you that we volition beryllium making forward-looking statements wrong the meaning of the national securities laws including, but not constricted to, statements regarding Remitly Global, Inc.'s aboriginal fiscal results, and management's expectations and plans. These statements are neither promises nor guarantees and impact risks and uncertainties that whitethorn origin existent results to alteration materially from those presented here. You should not spot undue reliance connected immoderate forward-looking statement. Please notation to the net merchandise and SEC filings for much accusation regarding the hazard factors that whitethorn impact results.

Any forward-looking statements made successful this league call, including responses to your questions, are based connected existent expectations arsenic of contiguous and Remitly Global, Inc. assumes nary work to update oregon revise them whether arsenic a effect of caller developments oregon different but arsenic required by law. The pursuing presumption contains non-GAAP fiscal measures. We volition notation non-GAAP operating expenses, adjusted EBITDA, and escaped currency travel successful this call. These metrics exclude items specified arsenic stock-based compensation, payroll taxes related to stock-based compensation, Pledge 1% contribution, integration, restructuring, and different costs, and different income and expense.