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| Date | Value |
|---|---|
| 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 |