Reliance Global (EZRA) Operating Expenses (2020 - 2026)
Reliance Global (EZRA) posted quarterly Operating Expenses of $3.9 million for Q2 2026, down 27.91% year-over-year from $5.5 million in Q2 2025, and down 22.33% quarter-over-quarter from $5.1 million in Q1 2026.
Reliance Global (EZRA) Operating Expenses (2020 - 2026) Analysis & Trends
Reliance Global (EZRA) has reported Operating Expenses for 7 consecutive years, with $3.9 million the latest figure, recorded in Q2 2026.
- In Q2 2026, Operating Expenses fell 27.91% year-over-year to $3.9 million; the TTM figure through Jun 2026 stood at $19.3 million (changed 0.07% YoY), while the FY2025 annual figure was $21.4 million, down 1.41% from the prior year.
- Operating Expenses declined to $3.9 million in Q2 2026 per EZRA's latest filing, from $5.1 million in the prior quarter.
- Across five years, Operating Expenses topped out at $12.9 million in Q4 2023 and bottomed at $3.9 million in Q4 2025.
- Historically, Operating Expenses has averaged $5.5 million across 5 years, with a median of $4.8 million in 2023.
- Annual changes were most pronounced in 2023 — Operating Expenses jumped 209.91% — and 2024, when it slumped 66.71%.
- Reliance Global's Operating Expenses stood at $4.2 million in 2022, then surged by 209.91% to $12.9 million in 2023, then plunged by 66.71% to $4.3 million in 2024, then fell by 8.59% to $3.9 million in 2025, then increased by 0.07% to $3.9 million in 2026.
- Business Quant data shows EZRA's Operating Expenses at $3.9 million in Q2 2026, $5.1 million in Q1 2026, and $3.9 million in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | XChange TEC.INC | 265.99 Bn | 265.99 Bn | - | - |
| 2 | Marsh & Mclennan Companies | 92.14 Bn | 79.94 Bn | 6.04 Bn | 5.51 Bn |
| 3 | Aon | 75.64 Bn | 74.37 Bn | - | 3.33 Bn |
| 4 | Arthur J. Gallagher | 67.55 Bn | 66.16 Bn | - | 3.59 Bn |
| 5 | Willis Towers Watson | 32.13 Bn | 30.47 Bn | 2.09 Bn | 2.10 Bn |
| 6 | Brown & Brown | 23.98 Bn | 23.06 Bn | 1.41 Bn | 1.29 Bn |
| 7 | Erie Indemnity | 12.29 Bn | 11.94 Bn | - | 885.67 Mn |
| 8 | Neptune Insurance Holdings | 4.61 Bn | 4.59 Bn | - | 29.32 Mn |
| 9 | Accelerant Holdings | 4.28 Bn | 2.62 Bn | 285.20 Mn | 269.50 Mn |
| 10 | Reliance Global | 1.88 Mn | -891,542.93 | - | 3.94 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 3.94 Mn |
| 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 |