Remitly Global (RELY) Asset Utilization Ratio (2021 - 2026)
Remitly Global's (RELY) quarterly Asset Utilization Ratio came in at 1.23 in Q2 2026, down 4.99% year-over-year from 1.29 in Q2 2025, and up 0.97% quarter-over-quarter from 1.21 in Q1 2026.
Analysis
Remitly Global (RELY) Asset Utilization Ratio (2021 - 2026) Analysis & Trends
Remitly Global (RELY) has reported Asset Utilization Ratio for 6 consecutive years, with 1.23 the latest figure, recorded in Q2 2026.
- On a quarterly basis, Asset Utilization Ratio fell 4.99% year-over-year to 1.23 in Q2 2026; TTM through Jun 2026 was 1.23, a 4.99% decrease from a year earlier, with the FY2025 full-year figure at 1.32, up 7.26% from the prior year.
- Asset Utilization Ratio was 1.23 for Q2 2026 at Remitly Global, up from 1.21 in the prior quarter.
- Over five years, Asset Utilization Ratio peaked at 1.3 in Q3 2025 and troughed at 0.8 in Q1 2022.
- A 5-year average of 1.09 and a median of 1.07 in 2023 frame the typical range for Asset Utilization Ratio.
- Across the five-year window, Asset Utilization Ratio dropped 6.65% in 2024 and jumped 34.5% in 2025, its largest moves.
- Over 5 years, Asset Utilization Ratio stood at 0.94 in 2022, then grew by 7.16% to 1.01 in 2023, then increased by 26.14% to 1.27 in 2024, then retreated by 3.99% to 1.22 in 2025, then grew by 0.15% to 1.23 in 2026.
- The last three Asset Utilization Ratio figures came in at 1.23 (Q2 2026), 1.21 (Q1 2026), and 1.22 (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Wise | 12.70 Bn | 12.70 Bn | - | - |
| 2 | Remitly Global | 5.24 Bn | 4.56 Bn | 333.98 Mn | 1.23 |
| 3 | Western Union | 2.20 Bn | 1.28 Bn | 336.50 Mn | 0.50 |
| 4 | International Money Express | 433.73 Mn | 283.10 Mn | - | 1.09 |
| 5 | Currenc | 223.76 Mn | 145.13 Mn | 3.70 Mn | 0.38 |
| 6 | Sentage Holdings | 4.77 Mn | 4.77 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.23 |
| 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 |