10-K · March 10, 2026
Reliance Global Group (ticker changed to EZRA effective Jan 26, 2026) is repositioning from a pure insurance-agency consolidator toward a holding-company model that combines its six insurance-related businesses and…
Earnings analysis · 10-Q
EZRA earnings analysis
Filed May 7, 2026 · Our reading of the company's report
The latest report
Reliance Global Group, Inc. reported Q1 2026 results with total revenue of $3,826,792, down 10% year-over-year due to portfolio realignments, while EPS improved to $(0.43) from $(0.54), reflecting a reduction in losses.…
Read full summary
Reliance Global Group, Inc. reported Q1 2026 results with total revenue of $3,826,792, down 10% year-over-year due to portfolio realignments, while EPS improved to $(0.43) from $(0.54), reflecting a reduction in losses. The insurance segment remains under pressure, while cash balances improved significantly alongside various ongoing strategic initiatives.
Gross and operating margin
How much of each revenue dollar the business keeps.
One point per quarterly or annual filing. Both margins are shares of that report's revenue.
How we read each report
Our analysis across the last few reports.
Our model's reading of each filing, not the share price or the market's reaction. Annual and quarterly reports each occupy one position.
Reported figures
- Earnings per share
- $-0.43
- Segment
- Insurance
- Segment
- Strategic Ventures
What stood out
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Decrease in Revenue
Q1 2026 revenue of $3,826,792 decreased by 10% from $4,236,220 in Q1 2025.
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Improved EPS
Report EPS of $(0.43) improved from $(0.54) year-over-year.
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Reduced Operating Losses
Operating losses decreased to $(1,239,808), a 12% improvement from $(1,407,142) last year.
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Cash Position Strengthened
Cash balances increased to approximately $3,235,000 from $1,416,000 at year-end 2025.
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Initiated Investments in Technology and Healthcare
Launched EZRA International Group with a focus on technology-driven investments.
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Significant Cost Reductions Achieved
Salaries and wages decreased by 28% to $1,613,111, driven by divestitures.
What to watch
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Regulatory Risks in New Ventures
Risks associated with new technology and life sciences segments that management has limited experience in.
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Nasdaq Compliance Risk
Received a notification for non-compliance with the minimum bid price requirement, risking delisting.
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Short-term Cash Flow Challenges
Net cash used in operating activities of $(571,000) indicates ongoing cash flow pressures.
Management's outlook
Management did not provide numerical guidance and deferred detailed outlook to future updates.
Earlier filings 4
10-Q · November 6, 2025
Reliance Global reported Q3 revenue of $2,495,975 (Q3 2025), down from $3,441,458 in Q3 2024, driven by declines across Medical, Life and P&C lines. The company generated a Q3 net loss of $1,156,583 (EPS $(0.20)) while…
10-Q · July 25, 2024
Reliance Global Group, Inc. reported a slight increase in revenue in the second quarter of 2024, with total revenue of $3,233,342, up from $3,195,905 in Q2 2023. However, the company experienced significant losses with…
10-Q · August 15, 2022
Reliance Global Group reported strong top-line growth in Q2 2022 with revenue of $4,207,126 (Q2 2021: $2,190,847; +$2,016,279, +92.0%) and six‑month revenue of $8,442,907 (six months 2021: $4,514,577; +$3,928,330,…
This is our reading of a public filing, not the filing itself. Analysis can contain errors; check the source document for full context.