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| 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 |