earnings
confidence high
sentiment neutral
materiality 0.50
Reliance Global Q2 net loss improves to $2.0M; launches proprietary AI agent
Reliance Global Group, Inc.
2026-Q2 EPS reported
-$6.93
revenue$5,937,607
- Commission income $2.1M, down from $3.1M YoY due to divestitures; organic growth in retained ops.
- Net loss improved 26% to $2.0M; operating expenses down 28% YoY.
- Adjusted EBITDA loss widened to $1.1M from $0.4M in prior year.
- Launched proprietary AI agent for secure browser automation in July; deploying across insurance ops.
- Cash $0.8M, working capital $1.2M, stockholders' equity $6.6M as of June 30, 2026.