Rafael Holdings (RFL) Accumulated Expenses (2017 - 2026)
Rafael Holdings (RFL) recorded Accumulated Expenses of $2.76 million in fiscal Q3 2026 (quarter ended Apr 30, 2026), down 19.8% from $3.45 million a year earlier and down 21.0% from the prior quarter.
Rafael Holdings (RFL) Accumulated Expenses (2017 - 2026) Analysis & Trends
At the end of FY2025 (ended Jul 31, 2025), Rafael Holdings reported Accumulated Expenses of $3.9 million, up 30.6% from FY2024.
- Annual Accumulated Expenses has a five-year compound annual growth rate of 26.7% (FY2020 to FY2025).
- Across earlier fiscal years, Accumulated Expenses came in at $2.98 million in FY2024 (+290.8%), $763,000 in FY2023 (-59.3%), $1.88 million in FY2022 (+52.8%) and $1.23 million in FY2021 (+3.0%).
- The fiscal Q3 2026 figure is the lowest quarterly Accumulated Expenses since fiscal Q2 2024.
- On a year-over-year basis, Accumulated Expenses rose in seven of the last eight quarters, with growth averaging 188.7%.
- Peak year-over-year performance for Accumulated Expenses in the last five years was growth of 929.9% in fiscal Q2 2022, against a decline of 80.0% in fiscal Q2 2023 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at $3.5 million (Q2 2026), $3.9 million (Q1 2026) and $3.9 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Johnson & Johnson | 638.12 Bn | 556.64 Bn | 17.26 Bn |
| 2 | AbbVie | 462.60 Bn | 435.75 Bn | 12.70 Bn |
| 3 | Merck | 358.70 Bn | 313.13 Bn | 12.21 Bn |
| 4 | Novartis Ag | 272.16 Bn | 228.03 Bn | 11.24 Bn |
| 5 | Astrazeneca | 250.36 Bn | 223.92 Bn | 12.86 Bn |
| 6 | Amgen | 227.87 Bn | 183.27 Bn | 7.24 Bn |
| 7 | Gilead Sciences | 184.97 Bn | 159.08 Bn | 6.22 Bn |
| 8 | Pfizer | 162.61 Bn | 109.56 Bn | 10.94 Bn |
| 9 | Vertex Pharmaceuticals | 132.45 Bn | 104.46 Bn | 2.84 Bn |
| 10 | Rafael Holdings | 68.10 Mn | 73.52 Mn | 163,000.00 |
Historic Data
| Date | Value |
|---|---|
| Apr 30, 2026 | 2.76 Mn |
| Jan 31, 2026 | 3.50 Mn |
| Oct 31, 2025 | 3.90 Mn |
| Jul 31, 2025 | 3.90 Mn |
| Apr 30, 2025 | 3.45 Mn |
| Jan 31, 2025 | 3.29 Mn |
| Oct 31, 2024 | 3.14 Mn |
| Jul 31, 2024 | 2.98 Mn |
| Apr 30, 2024 | 2.83 Mn |
| Jan 31, 2024 | 845,000.00 |
| Oct 31, 2023 | 325,000.00 |
| Jul 31, 2023 | 763,000.00 |
| Apr 30, 2023 | 592,000.00 |
| Jan 31, 2023 | 1.33 Mn |
| Oct 31, 2022 | 1.60 Mn |
| Jul 31, 2022 | 1.88 Mn |
| Apr 30, 2022 | 1.34 Mn |
| Jan 31, 2022 | 6.62 Mn |
| Oct 31, 2021 | 1.29 Mn |
| Jul 31, 2021 | 1.23 Mn |
Rafael Holdings Accumulated Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=accumulated-expenses&ticker=RFL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "accumulated-expenses", "ticker": "RFL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=accumulated-expenses&ticker=RFL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();