Rafael Holdings (RFL) Operating Expenses (2017 - 2026)
Rafael Holdings (RFL) posted quarterly Operating Expenses of $7.0 million for Q2 2026, up 13.28% year-over-year 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 (RFL) has reported Operating Expenses for 10 consecutive years, with $7.0 million the latest figure, recorded in Q2 2026.
- In Q2 2026, Operating Expenses rose 13.28% year-over-year to $7.0 million; the TTM figure through Apr 2026 stood at $24.4 million (up 39.99% YoY), while the FY2025 annual figure was $26.6 million, up 104.27% from the prior year.
- Operating Expenses advanced to $7.0 million in Q2 2026 per RFL's latest filing, from $6.8 million in the prior quarter.
- Across five years, Operating Expenses topped out at $10.3 million in Q4 2025 and bottomed at -$1.6 million in Q1 2022.
- Historically, Operating Expenses has averaged $4.3 million across 5 years, with a median of $3.9 million in 2024.
- On a YoY basis, Operating Expenses climbed as much as 937.66% in 2022 and fell as far as 121.24% in 2022.
- Rafael Holdings' Operating Expenses stood at $5.2 million in 2022, then sank by 51.27% to $2.5 million in 2023, then soared by 52.19% 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.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Cbre | 44.30 Bn | 42.81 Bn | 2.09 Bn | - |
| 2 | KE Holdings | 18.87 Bn | 15.99 Bn | 661.06 Mn | -476.55 Mn |
| 3 | Jones Lang Lasalle | 17.79 Bn | 17.34 Bn | - | 6.64 Bn |
| 4 | Costar | 13.04 Bn | 11.78 Bn | 728.00 Mn | 652.00 Mn |
| 5 | Compass | 9.00 Bn | 8.31 Bn | 3.88 Bn | 4.18 Bn |
| 6 | FirstService | 6.55 Bn | 6.32 Bn | 480.66 Mn | 359.42 Mn |
| 7 | Colliers International | 5.46 Bn | 5.40 Bn | 635,105.00 Bn | 485.10 Mn |
| 8 | Cushman & Wakefield | 3.45 Bn | 2.95 Bn | 512.00 Mn | 2.63 Bn |
| 9 | Opendoor Technologies | 3.35 Bn | 2.45 Bn | 86.00 Mn | 230.00 Mn |
| 10 | Rafael Holdings | 99.38 Mn | 99.38 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 | 2.53 Mn |
| Jul 31, 2023 | 3.17 Mn |
| Apr 30, 2023 | 3.65 Mn |
| Jan 31, 2023 | 4.31 Mn |
| Oct 31, 2022 | 5.19 Mn |
| Jul 31, 2022 | 5.81 Mn |
| Apr 30, 2022 | 5.68 Mn |
| Jan 31, 2022 | -1.59 Mn |
| Oct 31, 2021 | 22.74 Mn |
| Jul 31, 2021 | -693,000.00 |