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Reliance Global Group (EZRA) Q1 2026 earnings results (first quarter 2026)

10-Q filed May 7, 2026

Reliance Global Group (EZRA) reported revenue of $3.8M for the first quarter 2026 (Q1 2026), -10% from a year earlier and +47% from the quarter before. Operating margin was -32.4%, net loss $1.5M (38.4% of revenue).

Revenue$3.8M
Year over year-10%
Quarter over quarter+47%
Operating margin-32.4%
Net earnings−$1.5M

Reliance Global Group, Q1 2026: revenue $3.8M (-10% year over year), operating margin -32.4%, net loss $1.5M, operating cash flow −$571K. The chart follows the revenue to costs, profit and cash.

Q1 2026AmountQ/QY/Y
Revenue$3.8M+47%-10%
Operating profit−$1.2M——
Net earnings−$1.5M——
Operating cash flow−$571K—-389%

What changed

Revenue was $3.8M in Q1 2026, down 10% year over year and up 47% from the previous quarter.

Operating costs exceeded revenue by $1.2M, an operating margin of -32.4%. Total costs fell 10% while revenue fell 10%. The fastest-growing cost line was Sales & marketing (+213%). The quarter ended with a net loss of $1.5M, wider than the previous quarter's $1.4M loss.

Operating cash flow was −$571K. Non-cash charges added back $304K of depreciation and amortization and $16K of share-based compensation. Working capital and other items added $580K.

Questions

What was Reliance Global Group's revenue in the first quarter 2026?

Reliance Global Group (EZRA) reported revenue of $3.8M for the first quarter 2026 (Q1 2026), -10% from a year earlier and +47% from the quarter before.

Was Reliance Global Group profitable in the first quarter 2026?

Operating loss was $1.2M (-32.4% of revenue) and net loss $1.5M.

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Source: Reliance Global Group 10-Q on SEC EDGAR.