Rafael Holdings (RFL) Operating Income (2017 - 2026)
Rafael Holdings (RFL) posted quarterly Operating Income of -$6.9 million for Q2 2026, down 16.18% year-over-year from -$8.2 million in Q2 2025, and down 3.23% quarter-over-quarter from -$6.7 million in Q1 2026.
Rafael Holdings (RFL) Operating Income (2017 - 2026) Analysis & Trends
Rafael Holdings (RFL) has reported Operating Income for 10 consecutive years, with -$6.9 million the latest figure, recorded in Q2 2026.
- In Q2 2026, Operating Income fell 16.18% year-over-year to -$6.9 million; the TTM figure through Apr 2026 stood at -$36.4 million (down 79.98% YoY), while the FY2025 annual figure was -$29.2 million, up 71.59% from the prior year.
- Operating Income declined to -$6.9 million in Q2 2026 per RFL's latest filing, from -$6.7 million in the prior quarter.
- Across five years, Operating Income topped out at -$1.6 million in Q1 2022 and bottomed at -$93.2 million in Q2 2024.
- Historically, Operating Income has averaged -$10.1 million across 5 years, with a median of -$4.8 million in 2022.
- Annual changes were most pronounced in 2024 — Operating Income plunged 2973.61% — and 2025, when it jumped 93.65%.
- Rafael Holdings' Operating Income stood at -$5.1 million in 2022, then surged by 51.81% to -$2.5 million in 2023, then plunged by 55.13% to -$3.8 million in 2024, then slumped by 163.81% to -$10.1 million in 2025, then jumped by 32.26% to -$6.9 million in 2026.
- Business Quant data shows RFL's Operating Income at -$6.9 million in Q2 2026, -$6.7 million in Q1 2026, and -$10.1 million in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Cbre | 44.30 Bn | 42.81 Bn | 2.09 Bn | 365.00 Mn |
| 2 | KE Holdings | 18.87 Bn | 15.99 Bn | 661.06 Mn | 184.51 Mn |
| 3 | Jones Lang Lasalle | 17.79 Bn | 17.34 Bn | - | 290.90 Mn |
| 4 | Costar | 13.04 Bn | 11.78 Bn | 728.00 Mn | 76.00 Mn |
| 5 | Compass | 9.00 Bn | 8.31 Bn | 3.88 Bn | 124.00 Mn |
| 6 | FirstService | 6.55 Bn | 6.32 Bn | 480.66 Mn | 99.67 Mn |
| 7 | Colliers International | 5.46 Bn | 5.40 Bn | 635,105.00 Bn | 98.44 Mn |
| 8 | Cushman & Wakefield | 3.45 Bn | 2.95 Bn | 512.00 Mn | 134.20 Mn |
| 9 | Opendoor Technologies | 3.35 Bn | 2.45 Bn | 86.00 Mn | -144.00 Mn |
| 10 | Rafael Holdings | 99.38 Mn | 99.38 Mn | 171,000.00 | -6.87 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2026 | -6.87 Mn |
| Jan 31, 2026 | -6.66 Mn |
| Oct 31, 2025 | -10.14 Mn |
| Jul 31, 2025 | -12.76 Mn |
| Apr 30, 2025 | -5.91 Mn |
| Jan 31, 2025 | -6.64 Mn |
| Oct 31, 2024 | -3.84 Mn |
| Jul 31, 2024 | -3.85 Mn |
| Apr 30, 2024 | -93.16 Mn |
| Jan 31, 2024 | -3.14 Mn |
| Oct 31, 2023 | -2.48 Mn |
| Jul 31, 2023 | -2.61 Mn |
| Apr 30, 2023 | -3.03 Mn |
| Jan 31, 2023 | -4.26 Mn |
| Oct 31, 2022 | -5.14 Mn |
| Jul 31, 2022 | -4.84 Mn |
| Apr 30, 2022 | -4.69 Mn |
| Jan 31, 2022 | -1.60 Mn |
| Oct 31, 2021 | -49.54 Mn |
| Jul 31, 2021 | -11.41 Mn |