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% year-on-year from $6.2 million in Q2 2025, and up 2.85% on a QoQ basis from $6.8 million in Q1 2026.

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

Rafael Holdings (RFL) has 10 years of Operating Expenses data on file, last reported at $7.0 million in Q2 2026.

  • On a quarterly basis, Operating Expenses rose 13.28% year-over-year to $7.0 million in Q2 2026; TTM through Apr 2026 was $24.4 million, a 39.99% increase from a year earlier, with the FY2025 full-year figure at $26.6 million, up 104.27% from the prior year.
  • Operating Expenses for Q2 2026 stood at $7.0 million, up from $6.8 million in the prior quarter.
  • Over the last five years, Operating Expenses for RFL reached as high as $10.3 million in Q4 2025 and fell as low as -$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.
  • Year by year, Operating Expenses stood at $5.2 million in 2022, then sank by 51.27% to $2.5 million in 2023, then surged by 52.19% to $3.8 million in 2024, then soared by 168.17% to $10.3 million in 2025, then sank by 32.25% to $7.0 million in 2026.
  • Per Business Quant data, the three most recent Operating Expenses figures were $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 Colliers International 4,798.15 Bn 4,797.86 Bn - 440.70 Mn
2 IHS Holding 60.96 Bn 61.13 Bn 231.80 -120.70
3 KE Holdings 53.48 Bn 50.59 Bn 661.06 Mn -476.55 Mn
4 Cbre 39.71 Bn 39.92 Bn 1.85 Bn -
5 Jones Lang Lasalle 14.96 Bn 14.65 Bn - 6.18 Bn
6 Costar 11.08 Bn 9.80 Bn 701.00 Mn 698.00 Mn
7 Compass 7.92 Bn 7.44 Bn 2.31 Bn 3.06 Bn
8 FirstService 6.01 Bn 6.28 Bn 480.66 Mn 359.42 Mn
9 Opendoor Technologies 3.69 Bn 2.69 Bn 72.00 Mn 231.00 Mn
10 Rafael Holdings 109.12 Mn 114.54 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 2.53 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