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
DateValue
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