Remitly Global (RELY) Property, Plant & Equipment (Net) (2020 - 2026)
Remitly Global's Property, Plant & Equipment (Net) came in at $60.1 million for Q2 2026, up 27.2% from $47.26 million a year earlier but down 0.1% from the prior quarter.
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Analysis
Remitly Global (RELY) Property, Plant & Equipment (Net) (2020 - 2026) Analysis & Trends
At the end of FY2025, Remitly Global's Property, Plant & Equipment (Net) was $61.52 million, up 94.9% from FY2024.
- Property, Plant & Equipment (Net) has increased in each of the last four years, with a five-year compound annual growth rate of 44.8% (FY2020 to FY2025).
- Going back by year, Property, Plant & Equipment (Net) was $31.57 million in FY2024 (+97.2%), $16.01 million in FY2023 (+38.7%), $11.55 million in FY2022 (+24.8%) and $9.25 million in FY2021 (-4.4%).
- The five-year range for quarterly Property, Plant & Equipment (Net) is $9.23 million (Q3 2021) to $61.52 million (Q4 2025).
- Year-over-year, Property, Plant & Equipment (Net) has increased for 16 consecutive quarters, with growth averaging 84.0% over the last eight quarters.
- The fastest year-over-year change in Property, Plant & Equipment (Net) over five years came in Q3 2025 (growth of 114.5%), and the weakest in Q4 2021 (a decline of 4.4%).
- Business Quant data shows RELY's Property, Plant & Equipment (Net) at $60.16 million (Q1 2026), $61.52 million (Q4 2025) and $52.27 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | PP&E (Net) (Qtr) |
|---|---|---|---|---|---|
| 1 | Visa | 643.09 Bn | 586.41 Bn | - | 4.86 Bn |
| 2 | Mastercard | 480.84 Bn | 440.75 Bn | - | 2.54 Bn |
| 3 | Wise | 14.12 Bn | -73.65 Bn | - | - |
| 4 | Remitly Global | 4.61 Bn | 2.26 Bn | 307.34 Mn | 60.10 Mn |
| 5 | Western Union | 1.87 Bn | -2.14 Bn | 336.50 Mn | 91.80 Mn |
| 6 | International Money Express | 347.63 Mn | -272.51 Mn | - | 60.07 Mn |
| 7 | Currenc | 190.57 Mn | -36.36 Mn | 3.70 Mn | 1.04 Mn |
| 8 | Sentage Holdings | 4.77 Mn | 4.77 Mn | - | 40,764.00 |
| 9 | American Express | 204.37 Bn | -3.81 Bn | - | 7.69 Bn |
| 10 | Capital One Financial | 119.47 Bn | 119.47 Bn | - | 6.24 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 60.10 Mn |
| Mar 31, 2026 | 60.16 Mn |
| Dec 31, 2025 | 61.52 Mn |
| Sep 30, 2025 | 52.27 Mn |
| Jun 30, 2025 | 47.26 Mn |
| Mar 31, 2025 | 41.46 Mn |
| Dec 31, 2024 | 31.57 Mn |
| Sep 30, 2024 | 24.36 Mn |
| Jun 30, 2024 | 22.18 Mn |
| Mar 31, 2024 | 19.34 Mn |
| Dec 31, 2023 | 16.01 Mn |
| Sep 30, 2023 | 14.71 Mn |
| Jun 30, 2023 | 13.38 Mn |
| Mar 31, 2023 | 12.66 Mn |
| Dec 31, 2022 | 11.55 Mn |
| Sep 30, 2022 | 10.27 Mn |
| Jun 30, 2022 | 10.24 Mn |
| Mar 31, 2022 | 9.67 Mn |
| Dec 31, 2021 | 9.25 Mn |
| Sep 30, 2021 | 9.23 Mn |
API Access
Remitly Global Property, Plant & Equipment (Net) API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=property-plant-and-equipment-net&ticker=RELY&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "property-plant-and-equipment-net", "ticker": "RELY", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=property-plant-and-equipment-net&ticker=RELY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();