Remitly Global RELY
NASDAQ RELY
$24.82 -1.35 (-5.16%)
As of: Sep 8, 2026 · 3:59 PM EDT

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

Historic Data

Download Data
DateValue
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