The Real Brokerage Inc. (REAX)

NASDAQ: REAX · Real-Time Price · USD

2.440

+0.080 (3.39%)

At close: Mar 23, 2026, 4:00 PM EDT

2.480

+0.040 (1.64%)

After-hours: Mar 23, 2026, 6:01 PM EDT

The Real Brokerage Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	1,814	1,265	689.16	381.76	121.68	16.56
Revenue Growth (YoY)	65.60%	83.50%	80.52%	213.74%	634.83%	5.13%
Cost of Revenue	1,657	1,150	626.29	349.81	110.59	14.41
Gross Profit	156.64	114.74	62.87	31.95	11.09	2.15
Selling, General & Admin	150.35	118.56	81.52	46.83	18.38	4.56
Research & Development	16.68	12.16	7.36	4.87	3.98	0.41
Other Operating Expenses	-	9.25	-	-0.15	-	0.84
Operating Income	-10.38	-25.23	-26.01	-19.75	-11.27	-2.65
Interest Expense	-0.85	-1.72	-0.62	-1.17	-0.66	0.17
Other Non-Operating Income (Expense)	0.77	0.5	-0.59	0.73	0.25	-0.17
Total Non-Operating Income (Expense)	-0.08	-1.23	-1.21	-0.44	-0.41	0.01
Pretax Income	-10.47	-26.45	-27.22	-20.18	-11.68	-2.64
Provision for Income Taxes	0.09	-	-	-	-	-
Net Income	-10.55	-26.54	-27.5	-20.58	-11.68	-3.62
Minority Interest in Earnings	-0.01	0.09	0.29	0.24	-	-
Net Income to Common	-10.55	-26.54	-27.5	-20.58	-11.68	-3.62
Shares Outstanding (Basic)	210	191	178	174	36	36
Shares Outstanding (Diluted)	214	191	178	174	36	36
Shares Change (YoY)	13.82%	7.32%	2.36%	378.08%	-	-
EPS (Basic)	-0.04	-0.14	-0.15	-0.12	-0.32	-0.10
EPS (Diluted)	-0.04	-0.14	-0.15	-0.12	-0.32	-0.10
Free Cash Flow	68.85	47.69	18.35	4.59	1.51	-1.62
Free Cash Flow Growth	44.37%	159.90%	300.00%	203.37%	-	-
Free Cash Flow Per Share	0.32	0.25	0.10	-	-	-
Gross Margin	8.64%	9.07%	9.12%	8.37%	9.12%	13.01%
Operating Margin	-0.57%	-1.99%	-3.77%	-5.17%	-9.26%	-15.98%
Profit Margin	-0.58%	-2.09%	-3.95%	-5.33%	-9.60%	-21.87%
FCF Margin	3.80%	3.77%	2.66%	1.20%	1.24%	-9.78%
EBITDA	-8.67	-23.83	-24.88	-19.41	-11.05	-2.56
EBITDA Margin	-0.48%	-1.88%	-3.61%	-5.09%	-9.08%	-15.43%
EBIT	-10.38	-25.23	-26.01	-19.75	-11.27	-2.65
EBIT Margin	-0.57%	-1.99%	-3.77%	-5.17%	-9.26%	-15.98%
Effective Tax Rate	-46.60%	0.00%	0.00%	0.00%	0.00%	0.00%

Updated Mar 4, 2026. Data Source: Fiscal.ai. standard template. Financial Sources.

SEC Filings: 10-K · 10-Q