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% quarter-over-quarter 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.

  • Operating Expenses for Q1 2026 came in at $5.1 million, down 10.22% year-over-year; the trailing twelve-month figure through Mar 2026 was $20.9 million (up 14.16% YoY), and the FY2025 annual result was $21.4 million, down 1.41% from the prior year.
  • Operating Expenses improved to $5.1 million in Q1 2026 per EZRA's latest filing, from $3.9 million in the prior quarter.
  • Over five years, Operating Expenses peaked at $12.9 million in Q4 2023 and troughed at $3.9 million in Q4 2025.
  • A 5-year average of $5.5 million and a median of $4.9 million in 2023 frame the typical range for Operating Expenses.
  • The sharpest annual moves came in 2023 and 2024: Operating Expenses jumped 209.91% in 2023, then slumped 66.71% in 2024.
  • A 5-year view of Operating Expenses shows it stood at $4.2 million in 2022, then jumped by 209.91% to $12.9 million in 2023, then tumbled by 66.71% to $4.3 million in 2024, then declined by 8.59% to $3.9 million in 2025, then grew by 28.84% to $5.1 million in 2026.
  • Business Quant data shows EZRA's Operating Expenses at $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 Marsh & Mclennan Companies 78.48 Bn 66.97 Bn 5.88 Bn 5.84 Bn
2 Aon 68.22 Bn 66.83 Bn - 3.32 Bn
3 Arthur J. Gallagher 55.14 Bn 53.75 Bn - 3.72 Bn
4 Willis Towers Watson 24.26 Bn 22.48 Bn 1.98 Bn 1.96 Bn
5 Brown & Brown 19.77 Bn 18.79 Bn 1.61 Bn 17.00 Mn
6 XChange TEC.INC 6.99 Bn 6.98 Bn - -
7 Neptune Insurance Holdings 4.02 Bn 4.01 Bn - 24.35 Mn
8 Corvel 3.00 Bn 2.66 Bn 54.92 Mn 22.68 Mn
9 Accelerant Holdings 2.87 Bn 1.36 Bn 48.00 Mn 271.30 Mn
10 Reliance Global 59.87 Mn 56.63 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