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Reliance Global Group (EZRA) Q4 2025 earnings results (fourth quarter 2025)

10-K filed Mar 10, 2026

Reliance Global Group (EZRA) reported revenue of $2.6M for the fourth quarter 2025 (Q4 2025), -21% from a year earlier and +5% from the quarter before. Operating margin was -50.5%, net loss $1.4M (53.0% of revenue).

Revenue$2.6M
Year over year-21%
Quarter over quarter+5%
Operating margin-50.5%
Net earnings−$1.4M

Reliance Global Group, Q4 2025: revenue $2.6M (-21% year over year), operating margin -50.5%, net loss $1.4M, operating cash flow −$1.6M. The chart follows the revenue to costs, profit and cash.

Q4 2025AmountQ/QY/Y
Revenue$2.6M+5%-21%
Operating profit−$1.3M——
Net earnings−$1.4M——
Operating cash flow−$1.6M——

What changed

Revenue was $2.6M in Q4 2025, down 21% year over year and up 5% from the previous quarter.

Operating costs exceeded revenue by $1.3M, an operating margin of -50.5%. Total costs fell 9% while revenue fell 21%. The fastest-growing cost line was Sales & marketing (+44%). The quarter ended with a net loss of $1.4M, wider than the previous quarter's $1.2M loss.

Operating cash flow was −$1.6M. Non-cash charges added back $311K of depreciation and amortization and $234K of share-based compensation. Working capital and other items used $788K.

Questions

What was Reliance Global Group's revenue in the fourth quarter 2025?

Reliance Global Group (EZRA) reported revenue of $2.6M for the fourth quarter 2025 (Q4 2025), -21% from a year earlier and +5% from the quarter before.

Was Reliance Global Group profitable in the fourth quarter 2025?

Operating loss was $1.3M (-50.5% of revenue) and net loss $1.4M.

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