Reliance Global (EZRA) Operating Expenses (2020 - 2026)
Reliance Global (EZRA) reported Operating Expenses of $5.1 million for Q1 2026, down 10.22% year-over-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) has 7 years of Operating Expenses data on file, last reported at $5.1 million in Q1 2026.
- Quarterly Operating Expenses fell 10.22% year-over-year to $5.1 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $20.9 million (up 14.16% YoY) and the FY2025 annual result came in at $21.4 million, down 1.41% from the prior year.
- Operating Expenses rose to $5.1 million in Q1 2026 per EZRA's latest filing, from $3.9 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.
- The 5-year median for Operating Expenses is $4.9 million (2023), against an average of $5.5 million.
- The widest annual swing landed in 2023, when Operating Expenses surged 209.91%; it then plunged 66.71% in 2024.
- Tracing EZRA's Operating Expenses over 5 years: stood at $4.2 million in 2022, then surged by 209.91% to $12.9 million in 2023, then sank by 66.71% to $4.3 million in 2024, then slipped by 8.59% to $3.9 million in 2025, then advanced by 28.84% to $5.1 million in 2026.
- Per Business Quant, the three latest EZRA Operating Expenses figures stand at $5.1 million (Q1 2026), $3.9 million (Q4 2025), and $6.4 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Marsh & Mclennan Companies | 78.62 Bn | 67.11 Bn | 5.88 Bn | 5.84 Bn |
| 2 | Aon | 68.66 Bn | 67.26 Bn | - | 3.32 Bn |
| 3 | Arthur J. Gallagher | 52.75 Bn | 51.36 Bn | - | 3.72 Bn |
| 4 | Willis Towers Watson | 24.43 Bn | 22.65 Bn | 1.98 Bn | 1.96 Bn |
| 5 | Brown & Brown | 19.11 Bn | 18.13 Bn | 1.61 Bn | 17.00 Mn |
| 6 | XChange TEC.INC | 6.88 Bn | 6.88 Bn | - | - |
| 7 | Neptune Insurance Holdings | 3.65 Bn | 3.64 Bn | - | 24.35 Mn |
| 8 | Accelerant Holdings | 3.55 Bn | 2.04 Bn | 48.00 Mn | 271.30 Mn |
| 9 | Corvel | 3.21 Bn | 2.86 Bn | 54.92 Mn | 22.68 Mn |
| 10 | Reliance Global | 68.88 Mn | 65.65 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 |
| Mar 31, 2021 | 2.81 Mn |
| Dec 31, 2020 | -9,725.00 |
| Sep 30, 2020 | 2.77 Mn |
| Jun 30, 2020 | 2.67 Mn |
| Mar 31, 2020 | 2.81 Mn |