The Real Brokerage Inc. (REAX)

The Real Brokerage Financials Overview

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

Revenue & Profits

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Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Revenue Revenue Growth	2,240	1,968	1,265	689.16	381.76	121.68
Revenue Growth	38.44%	55.65%	83.50%	80.52%	213.74%	634.83%
Gross Profit Gross Profit Growth	184.3	165.69	114.74	62.87	31.95	11.09
Operating Income Operating Income Growth	-16.19	-9.25	-25.23	-26.01	-19.75	-11.27
Net Income Net Income Growth	-16.09	-8.11	-26.54	-27.5	-20.58	-11.68
Earnings Per Share EPS Growth	-0.07	-0.04	-0.14	-0.15	-0.12	-0.07
EPS Growth	-	-	-	-	-	-

Revenue by Segment

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Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022
North American Brokerage North American Brokerage Growth	2,226	1,956	1,256	684.87	379.87
Other Segments Other Segments Growth	13.6	11.93	8.84	4.29	1.89
Revenue (Total) Revenue (Total) Growth	2,240	1,968	1,265	689.16	381.76

Cash & Debt

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Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Investments Cash & Investments Growth	86.64	49.94	32.83	28.93	18.74	34.63
Total Debt Total Debt Growth	0	0	0	0	0.1	0.13
Net Cash (Debt) Net Cash Growth	86.64	49.94	32.83	28.93	18.64	34.5
Net Cash Growth	58.18%	52.15%	13.47%	55.18%	-45.96%	64.19%
Net Cash Per Share Net Cash Per Share Growth	0.38	0.23	0.17	0.16	0.10	0.20

Cash Flow & CapEx

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Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Operating Cash Flow Operating Cash Flow Growth	79.48	65.93	48.73	18.98	6	1.68
Capital Expenditures CapEx Growth	-0.92	-1.1	-1.05	-0.63	-1.41	-0.17
Free Cash Flow Free Cash Flow Growth	78.56	64.83	47.69	18.35	4.59	1.51
Free Cash Flow Growth	16.80%	35.94%	159.90%	300.00%	203.37%	-

Margins

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Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Gross Margin	8.23%	8.42%	9.07%	9.12%	8.37%	9.12%
Operating Margin	-0.72%	-0.47%	-1.99%	-3.77%	-5.17%	-9.26%
Pretax Margin	-0.72%	-0.45%	-2.09%	-3.95%	-5.25%	-9.60%
Profit Margin	-0.71%	-0.41%	-2.09%	-3.95%	-5.33%	-9.60%
FCF Margin	3.51%	3.29%	3.77%	2.66%	1.20%	1.24%

Valuation

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Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug 11, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
P/FCF Ratio	5.97	11.85	19.53	16.00	39.84	22.21
PS Ratio	0.21	0.39	0.74	0.43	0.48	0.28

Data Source: Fiscal.ai Last updated: Aug 6, 2026

Financial data is provided by Fiscal.ai and updates within minutes after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Aug 11, 2026

Data Sources Report a data error