| Metric | Value ($ M) | Q1 FY26 | Q2 FY25 |
|---|---|---|---|
| Revenue | 2.11 | 44.9% | 31.7% |
| Total Income | 2.11 | 44.9% | 31.7% |
| Expenditure | 3.94 | 22.3% | 27.8% |
| PBT | — | ||
| Net Profit | -1.99 | 35.4% | 26.6% |
| OPM | -86.42% | 54.02pp | 9.58pp |
| NPM | -94.34% | 55.90pp | 6.51pp |
| EPS | -3.26 | 3522.2% | 283.5% |
Reliance Global Group Reports Q2 2026 Results and Accelerates AI-Driven Transformation
05 Aug 2026 · 5 Aug, 1:55 am
Summary
Reliance Global Group reported its second quarter 2026 financial results, highlighting progress in its AI-driven transformation. The company launched a proprietary AI agent for secure browser automation and began deploying AI capabilities across its insurance operations to enhance efficiency and customer service. Operating expenses decreased by approximately 28% year-over-year, and the net loss improved by approximately 26% compared to the prior-year period. Management views artificial intelligence as a transformational opportunity, combining insurance expertise with AI to improve performance and create intellectual property for long-term growth.
Key Highlights
- 1
Reliance Global Group launched its proprietary AI agent for secure browser automation, a significant milestone in the Company’s AI strategy.
- 2
The Company began deploying AI capabilities across its insurance operations to improve workflow automation, productivity, and customer service.
- 3
Second quarter operating expenses were reduced by approximately 28% year-over-year due to continued operational efficiencies and disciplined cost management.
- 4
The net loss for the second quarter improved by approximately 26% compared to the prior-year period.
- 5
Commission income was approximately $2.1 million for the second quarter of 2026, compared to approximately $3.1 million for the second quarter of 2025, reflecting divestitures offset by organic growth.
- 6
Net loss attributable to Reliance Global Group improved to approximately $2.0 million for the second quarter of 2026, compared to approximately $2.7 million for the second quarter of 2025.
- 7
Adjusted EBITDA (AEBITDA) for the second quarter of 2026 was a loss of approximately $1.1 million, compared to a loss of approximately $0.4 million for the second quarter of 2025.
Management Comments
Ezra Beyman
The second quarter marked an important milestone in our evolution as we continue transforming Reliance through the development of proprietary AI technologies. During the quarter, we accelerated the development of our AI platform and began deploying our secure browser automation technology across our insurance operations to improve productivity, streamline workflows and enhance customer service. We believe artificial intelligence represents a transformational opportunity for our Company. By combining our deep insurance industry expertise with advanced AI capabilities, we are building technology that has the potential to improve operating performance while creating valuable intellectual property. As we continue to develop, deploy and refine innovative AI solutions, we believe this strategy creates meaningful opportunities to strengthen our existing insurance operations while establishing a scalable technology platform capable of driving long-term growth and creating value for our shareholders.
Informational and educational content only. Not investment advice.