Tap Real Estate Technologies (RWAX) Operating Expenses (2021 - 2026)

Tap Real Estate Technologies' (RWAX) quarterly Operating Expenses came in at $1.8 million in Q1 2026, up 26.93% year-on-year from $1.4 million in Q1 2025, and up 28.27% quarter-over-quarter from $1.4 million in Q4 2025.

Tap Real Estate Technologies (RWAX) Operating Expenses (2021 - 2026) Analysis & Trends

Tap Real Estate Technologies has disclosed Operating Expenses across 6 years of filings, most recently posting $1.8 million for Q1 2026.

  • Operating Expenses for Q1 2026 came in at $1.8 million, up 26.93% year-over-year; the trailing twelve-month figure through Mar 2026 was $8.0 million (down 2.1% YoY), and the FY2025 annual result was $7.6 million, down 8.2% from the prior year.
  • Operating Expenses came in at $1.8 million for Q1 2026 at Tap Real Estate Technologies, up from $1.4 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $12.8 million in Q4 2022 to a low of -$1.0 million in Q4 2023.
  • The 5-year median for Operating Expenses is $2.7 million (2023), against an average of $3.9 million.
  • Across the five-year window, Operating Expenses jumped 633.32% in 2022 and tumbled 107.94% in 2023, its largest moves.
  • Tap Real Estate Technologies' Operating Expenses stood at $12.8 million in 2022, then sank by 107.94% to -$1.0 million in 2023, then jumped by 515.39% to $4.2 million in 2024, then plunged by 67.73% to $1.4 million in 2025, then advanced by 28.27% to $1.8 million in 2026.
  • The last three Operating Expenses figures came in at $1.8 million (Q1 2026), $1.4 million (Q4 2025), and $3.0 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 IHS Holding 45.03 Bn 44.04 Bn 231.80 -120.70 Mn
2 Cbre 38.54 Bn 37.33 Bn 1.85 Bn -
3 Costar 14.00 Bn 12.72 Bn 701.00 Mn 698.00 Mn
4 Jones Lang Lasalle 13.85 Bn 13.53 Bn - 6.18 Bn
5 KE Holdings 7.04 Bn 4.80 Bn 661.06 Mn -476.55 Mn
6 Compass 5.66 Bn 5.19 Bn 2.31 Bn 3.06 Bn
7 Opendoor Technologies 4.24 Bn 4.17 Bn 72.00 Mn 231.00 Mn
8 Cushman & Wakefield 3.11 Bn 2.51 Bn 420.70 Mn 2.48 Bn
9 Newmark 2.67 Bn 2.62 Bn - 820.20 Mn
10 Tap Real Estate Technologies - - - 1.75 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 1.75 Mn
Dec 31, 2025 1.37 Mn
Sep 30, 2025 2.98 Mn
Jun 30, 2025 1.89 Mn
Mar 31, 2025 1.38 Mn
Dec 31, 2024 4.23 Mn
Sep 30, 2024 1.09 Mn
Jun 30, 2024 1.46 Mn
Mar 31, 2024 1.53 Mn
Dec 31, 2023 -1.02 Mn
Sep 30, 2023 4.65 Mn
Jun 30, 2023 2.71 Mn
Mar 31, 2023 3.83 Mn
Dec 31, 2022 12.83 Mn
Sep 30, 2022 6.72 Mn
Jun 30, 2022 7.68 Mn
Mar 31, 2022 10.98 Mn
Dec 31, 2021 -2.41 Mn
Sep 30, 2021 12.26 Mn
Jun 30, 2021 17.69 Mn