Remitly Global (RELY) Asset Utilization Ratio (2021 - 2026)
Remitly Global (RELY) posted quarterly Asset Utilization Ratio of 1.21 for Q1 2026, down 5.44% YoY from 1.28 in Q1 2025, and down 0.81% sequentially from 1.22 in Q4 2025.
Remitly Global (RELY) Asset Utilization Ratio (2021 - 2026) Analysis & Trends
Remitly Global has disclosed Asset Utilization Ratio across 6 years of filings, most recently posting 1.21 for Q1 2026.
- In Q1 2026, Asset Utilization Ratio fell 5.44% year-over-year to 1.21; the TTM figure through Mar 2026 stood at 1.21 (down 5.44% YoY), while the FY2025 annual figure was 1.32, up 7.26% from the prior year.
- Asset Utilization Ratio eased to 1.21 in Q1 2026, from 1.22 in the prior quarter.
- Over the last five years, Asset Utilization Ratio for RELY reached as high as 1.3 in Q3 2025 and fell as low as 0.8 in Q1 2022.
- The 5-year median for Asset Utilization Ratio is 1.07 (2024), against an average of 1.08.
- Annual changes were most pronounced in 2024 — Asset Utilization Ratio declined 6.65% — and 2025, when it surged 34.5%.
- A 5-year view of Asset Utilization Ratio shows it stood at 0.94 in 2022, then increased by 7.16% to 1.01 in 2023, then rose by 26.14% to 1.27 in 2024, then decreased by 3.99% to 1.22 in 2025, then declined by 0.81% to 1.21 in 2026.
- According to Business Quant data, Asset Utilization Ratio over the past three periods registered 1.21, 1.22, and 1.3 for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,853.66 Bn | 2,775.39 Bn | 56.06 Bn | 0.47 |
| 2 | Oracle | 408.21 Bn | 376.86 Bn | 17.12 Bn | 0.27 |
| 3 | Palantir Technologies | 300.98 Bn | 293.06 Bn | 1.42 Bn | 0.55 |
| 4 | Palo Alto Networks | 247.84 Bn | 243.30 Bn | 1.91 Bn | 0.41 |
| 5 | CrowdStrike Holdings | 193.63 Bn | 190.57 Bn | 993.68 Mn | 0.46 |
| 6 | Fortinet | 117.45 Bn | 114.16 Bn | 1.49 Bn | 0.70 |
| 7 | Cloudflare | 86.88 Bn | 85.93 Bn | 455.60 Mn | 0.38 |
| 8 | Synopsys | 86.18 Bn | 86.06 Bn | 1.77 Bn | 0.17 |
| 9 | Block | 46.10 Bn | 39.21 Bn | 2.91 Bn | 0.62 |
| 10 | Remitly Global | 4.84 Bn | 4.19 Bn | 425.99 Mn | 1.21 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.21 |
| Dec 31, 2025 | 1.22 |
| Sep 30, 2025 | 1.30 |
| Jun 30, 2025 | 1.29 |
| Mar 31, 2025 | 1.28 |
| Dec 31, 2024 | 1.27 |
| Sep 30, 2024 | 1.23 |
| Jun 30, 2024 | 1.07 |
| Mar 31, 2024 | 0.95 |
| Dec 31, 2023 | 1.01 |
| Sep 30, 2023 | 1.08 |
| Jun 30, 2023 | 1.06 |
| Mar 31, 2023 | 1.02 |
| Dec 31, 2022 | 0.94 |
| Sep 30, 2022 | 0.84 |
| Jun 30, 2022 | 0.81 |
| Mar 31, 2022 | 0.80 |
| Dec 31, 2021 | 0.71 |