Growth Metrics

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

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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
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