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Real Remax Group (REAX) earnings and revenue breakdown

Latest: Q3 2026 · 10-Q filed Nov 5, 2026 · Real Remax Group (REAX) Q3 2026 earnings results →

Q3 2026 Revenue up 28% year over year to $728M · 9¢ of every $1 of revenue lost · operating margin -9.9%

Real Remax Group made $728M in Q3 2026 (+28% Y/Y). Operating margin -9.9%, net loss $67.2M. See where every dollar goes — costs, profit and cash — as a Sankey from the 10-Q filed Nov 5, 2026.

Revenue$728M
Year over year+28%
Operating margin-9.9%
Net earnings−$67.2M
Operating cash flow—

Drawing the Sankey…

Open the interactive Sankey → click any line for what the company wrote about it, compare Y/Y and Q/Q, export as PNG or PDF

What changed this quarter

Revenue was $727.9M in Q3 2026, up 28% year over year.

Gross margin was 11.2%, up 3.3 points from a year earlier. Operating costs exceeded revenue by $72.0M, an operating margin of -9.9%. Operating expenses grew 239% against revenue growth of 28%. The fastest-growing cost line was Other operating costs (+312%). The quarter ended with a net loss of $67.2M.

Quarterly history

QuarterFormFiledRevenueY/YOp. marginNet earningsOp. cash flow
Q3 202610-QNov 5, 2026$728M+28%-9.9%−$67.2M—

Charts

Real Remax Group: profit against cash, quarter by quarterReal Remax Group: profit against cash, quarter by quarterNet incomeOperating cash flow−$5.1MQ1 2025$1.6MQ2 2025−$280KQ3 2025−$3.5MQ1 2026−$8.0MQ2 2026−$67.2MQ3 2026
Latest (Q3 2026): Net income −$67.2M, Operating cash flow —.
Real Remax Group in its industry: growth against margin (14 companies, SIC 6531)Real Remax Group in its industry: growth against margin (14 companies, SIC 6531)revenue growth, year over year →↑ operating marginmedian +8%median 0%JLLCOMPAGNTVACOPENNMRKDOUGMMIFTHMOPADRE/MAX Holdings, Inc.LRHCLHAIREAX (+28%, -10%)
Real Estate Agents & Managers (For Others); dot size is quarterly revenue; dashed lines are the industry's medians.

Interactive views

The same charts as the app — open one to draw it.

💵Where each $1 goesinteractive

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🌏Named in Asian annual reportsinteractive

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🔄Rotation against the market and its industry (RRG)interactive

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🔍Earnings qualityinteractive

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⚖️Fair value by methodinteractive

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🔭Outlook & guidanceinteractive

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📈Investments: gains and what it boughtinteractive

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🏭Its industry’s money flow (input-output)interactive

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About Real Remax Group

Real REMAX Group Inc. (the “Company ") is a technology-enabled global real estate services company engaged in residential real estate brokerage, real estate franchising, and other adjacent real estate services. On August 24, 2026, The Real Brokerage Inc. (“ Real ”) completed its acquisition of RE/MAX Holdings, Inc. (“ REMAX ”), and, pursuant to the merger agreement governing the acquisition, both Real and REMAX became subsidiaries of the Company, which was a newly formed holding company (the “ Transaction ”). See Note 5, Acquisitions , for additional information. Under the Real brand the Company operates a digital real estate brokerage platform throughout the United States (“ U.S. ”) and Canada. Revenue from these operations is generated primarily from commissions earned on real estate transactions.

In its own words, from its 10-Q, filed Nov 5, 2026.

Real Remax Group against its Real Estate Agents & Managers (For Others) peers

The largest companies of the same SEC industry, each at its latest quarter. Revenue growth: +28% against the peers' median +12%. Operating margin: -9.9% against the peers' median 0.2%.

CompanyQuarterRevenueY/YOp. margin
REAX Real Remax GroupQ3 2026$728M+28%-9.9%
JLL Jones Lang LasalleQ3 2026$7.3B+12%5.4%
COMP CompassQ3 2026$3.9B+111%2.2%
AGNT AgntQ3 2026$1.4B+6%0.2%
VAC Marriott Vacations WorldwideQ3 2026$1.4B+8%11.2%
OPEN Opendoor TechnologiesQ3 2026$1.0B+12%-18.3%
NMRK Newmark GroupQ3 2026$973M+13%8.8%
DOUG Douglas EllimanQ2 2026$283M+4%-1.2%
MMI Marcus & MillichapQ3 2026$208M+8%-0.4%

Source: Real Remax Group 10-Q on SEC EDGAR · CIK 2136387 · Real Estate Agents & Managers (For Others)

Guidance and outlook

Real Remax Group: what its forward-looking statements are about (10-Q filed 2026-11-05)Real Remax Group: what its forward-looking statements are about (10-Q filed 2026-11-05)Financing1Demand1Buybacks & dividends1The economy1
4 statements; tone +0.00 (−1 all cautious, +1 all confident); 0 hedged.
Real Remax Group: outlook statements against the filing beforeReal Remax Group: outlook statements against the filing beforeConfident1Cautious1

13F: who owns REAX and who is buying

Largest holders of REAX (13F)Largest holders of REAX (13F)DBA Trading, LLC$1.3MShah Capital Management$350KDeutsche Bank Ag\$318KPavaki Capital Management LLC$211KFarther Finance Advisors, LLC$77KFortitude Family Office, LLC$10KGamma Investing LLC$9KEverSource Wealth Advisors, LLC$3KEssential Partners LLC$1KBell Investment Advisors$1K

More on REAX

History

Every quarter: Q3 2026 results

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