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| 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 |