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
DateValue
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