Rafael Holdings (RFL) Operating Expenses (2017 - 2026)

Rafael Holdings' (RFL) quarterly Operating Expenses came in at $7.0 million in Q2 2026, up 13.28% YoY from $6.2 million in Q2 2025, and up 2.85% quarter-over-quarter from $6.8 million in Q1 2026.

Rafael Holdings (RFL) Operating Expenses (2017 - 2026) Analysis & Trends

Rafael Holdings' Operating Expenses history runs 10 years deep, the most recent figure standing at $7.0 million for Q2 2026.

  • For the quarter ending Q2 2026, Operating Expenses rose 13.28% year-over-year to $7.0 million; the trailing twelve-month figure through Apr 2026 stood at $24.4 million (up 39.99% YoY), and the FY2025 full-year result was $26.6 million, up 104.27% from the prior year.
  • Operating Expenses was $7.0 million for Q2 2026 at Rafael Holdings, up from $6.8 million in the prior quarter.
  • Over the last five years, Operating Expenses for RFL reached as high as $12.1 million in Q3 2022 and fell as low as $290000.0 in Q3 2025.
  • Median Operating Expenses over the past 5 years was $3.9 million (2024), compared with a mean of $4.8 million.
  • Across the five-year window, Operating Expenses surged 191.52% in 2023 and tumbled 92.51% in 2025, its largest moves.
  • Over 5 years, Operating Expenses stood at $5.2 million in 2022, then plunged by 51.15% to $2.5 million in 2023, then soared by 51.18% to $3.8 million in 2024, then jumped by 168.17% to $10.3 million in 2025, then sank by 32.25% to $7.0 million in 2026.
  • Business Quant data shows RFL's Operating Expenses at $7.0 million in Q2 2026, $6.8 million in Q1 2026, and $10.3 million in Q4 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 IHS Holding 44.35 Bn 43.37 Bn 231.80 -120.70 Mn
2 Cbre 38.64 Bn 37.43 Bn 1.85 Bn -
3 Jones Lang Lasalle 13.86 Bn 13.54 Bn - 6.18 Bn
4 Costar 12.44 Bn 11.16 Bn 701.00 Mn 698.00 Mn
5 Compass 7.37 Bn 6.89 Bn 2.31 Bn 3.06 Bn
6 KE Holdings 7.04 Bn 4.80 Bn 661.06 Mn -476.55 Mn
7 Opendoor Technologies 4.28 Bn 4.21 Bn 72.00 Mn 231.00 Mn
8 Cushman & Wakefield 3.00 Bn 2.40 Bn 420.70 Mn 2.48 Bn
9 Newmark 2.71 Bn 2.66 Bn - 820.20 Mn
10 Rafael Holdings 141.65 Mn 116.57 Mn 171,000.00 6.99 Mn

Historic Data

Download Data
DateValue
Apr 30, 2026 6.99 Mn
Jan 31, 2026 6.80 Mn
Oct 31, 2025 10.32 Mn
Jul 31, 2025 290,000.00
Apr 30, 2025 6.17 Mn
Jan 31, 2025 3.54 Mn
Oct 31, 2024 3.85 Mn
Jul 31, 2024 3.87 Mn
Apr 30, 2024 3.45 Mn
Jan 31, 2024 3.17 Mn
Oct 31, 2023 2.55 Mn
Jul 31, 2023 3.19 Mn
Apr 30, 2023 3.67 Mn
Jan 31, 2023 4.33 Mn
Oct 31, 2022 5.21 Mn
Jul 31, 2022 12.08 Mn
Apr 30, 2022 5.69 Mn
Jan 31, 2022 1.49 Mn
Oct 31, 2021 24.73 Mn
Jul 31, 2021 16.97 Mn