Reliance Global (EZRA) Operating Expenses (2020 - 2026)
Reliance Global's (EZRA) quarterly Operating Expenses came in at $5.1 million in Q1 2026, down 10.22% year-on-year from $5.6 million in Q1 2025, and up 28.84% on a QoQ basis from $3.9 million in Q4 2025.
Reliance Global (EZRA) Operating Expenses (2020 - 2026) Analysis & Trends
Reliance Global (EZRA) has 7 years of Operating Expenses data on file, last reported at $5.1 million in Q1 2026.
- On a quarterly basis, Operating Expenses fell 10.22% year-over-year to $5.1 million in Q1 2026; TTM through Mar 2026 was $20.9 million, a 14.16% increase from a year earlier, with the FY2025 full-year figure at $21.4 million, down 1.41% from the prior year.
- Operating Expenses for Q1 2026 stood at $5.1 million, up from $3.9 million in the prior quarter.
- Over the last five years, Operating Expenses for EZRA reached as high as $12.9 million in Q4 2023 and fell as low as $3.9 million in Q4 2025.
- Historically, Operating Expenses has averaged $5.5 million across 5 years, with a median of $4.9 million in 2023.
- Across the five-year window, Operating Expenses surged 209.91% in 2023 and plunged 66.71% in 2024, its largest moves.
- Year by year, Operating Expenses stood at $4.2 million in 2022, then jumped by 209.91% to $12.9 million in 2023, then plunged by 66.71% to $4.3 million in 2024, then decreased by 8.59% to $3.9 million in 2025, then gained by 28.84% to $5.1 million in 2026.
- Per Business Quant data, the three most recent Operating Expenses figures were $5.1 million in Q1 2026, $3.9 million in Q4 2025, and $6.4 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | XChange TEC.INC | 120,003.58 Bn | 120,003.57 Bn | - | - |
| 2 | Marsh & Mclennan Companies | 88.69 Bn | 76.49 Bn | 6.04 Bn | 5.51 Bn |
| 3 | Aon | 79.08 Bn | 77.66 Bn | - | 3.32 Bn |
| 4 | Arthur J. Gallagher | 65.33 Bn | 63.92 Bn | - | 643.00 Mn |
| 5 | Willis Towers Watson | 28.75 Bn | 26.90 Bn | 1.98 Bn | 1.96 Bn |
| 6 | Brown & Brown | 23.38 Bn | 22.38 Bn | 1.61 Bn | 1.37 Bn |
| 7 | Neptune Insurance Holdings | 4.19 Bn | 4.18 Bn | 26.44 Mn | 24.35 Mn |
| 8 | Accelerant Holdings | 3.22 Bn | 1.68 Bn | 48.00 Mn | 271.30 Mn |
| 9 | Corvel | 3.14 Bn | 2.79 Bn | 54.92 Mn | 22.68 Mn |
| 10 | Reliance Global | 901,085.96 | -3.30 Mn | - | 5.07 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 5.07 Mn |
| Dec 31, 2025 | 3.93 Mn |
| Sep 30, 2025 | 6.41 Mn |
| Jun 30, 2025 | 5.46 Mn |
| Mar 31, 2025 | 5.64 Mn |
| Dec 31, 2024 | 4.30 Mn |
| Sep 30, 2024 | 3.95 Mn |
| Jun 30, 2024 | 4.38 Mn |
| Mar 31, 2024 | 9.11 Mn |
| Dec 31, 2023 | 12.92 Mn |
| Sep 30, 2023 | 4.71 Mn |
| Jun 30, 2023 | 5.03 Mn |
| Mar 31, 2023 | 4.94 Mn |
| Dec 31, 2022 | 4.17 Mn |
| Sep 30, 2022 | 4.16 Mn |
| Jun 30, 2022 | 4.62 Mn |
| Mar 31, 2022 | 5.31 Mn |
| Dec 31, 2021 | 3.46 Mn |
| Sep 30, 2021 | 3.06 Mn |
| Jun 30, 2021 | 3.30 Mn |