RE/MAX Holdings, Inc. operates as a franchisor of real estate brokerage services in the United States, Canada, and internationally. The company operates ...
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Est. EPS $0.40 · Revenue $73.40M · 1 analysts
Est. EPS $0.31 · Revenue $69.72M · 2 analysts
Est. EPS $1.23 · Revenue $288.64M · 1 analysts
Est. EPS $0.23 · Revenue $72.20M · 1 analysts
EPS $-0.10 · Revenue $74.47M
| Metric | Latest | YoYYoY means Year-over-Year. It compares the latest annual value with the previous annual value to show long-term trend strength. | QoQQoQ means Quarter-over-Quarter. It compares the latest quarter with the immediately previous quarter to show short-term momentum changes. |
|---|---|---|---|
| RevenueThe total money that came through the front door from selling things, before paying a single bill. Think of it as the grand total of every credit card swipe from customers. (YoY compares this year to last year's performance, while QoQ compares the current three months to the previous three). | $291.6M | -5.2% | -2.4% |
| Net IncomeThe absolute bottom line. If the company paid every single supplier, employee, banker, and tax collector, this is the actual money left in their pocket at the end of the day. | $8.2M | +14.5% | +55.9% |
| Gross MarginThe basic markup. If they sell a $100 pair of sneakers, this percentage tells you how much of that price tag is profit right after paying for the rubber and shoelaces, but before paying for things like store rent or TV commercials. | +57.6% | -22.5% | -1.5% |
| Operating MarginThe 'day job' efficiency score. Out of every dollar a customer spends, this shows how many cents the company keeps after making the product AND paying for all the everyday corporate overhead (like salaries, marketing, and keeping the lights on). | +15.6% | +19.5% | +1866.9% |
| Net MarginThe final take-home percentage. When you strip away every conceivable cost, tax, and interest payment, this is the exact number of cents the company truly gets to keep from every dollar in sales. | +2.8% | +20.8% | +54.8% |
| Free Cash FlowThe holy grail of corporate cash. It's the spendable, physical money left over after the business pays for its daily operations AND buys the big, expensive upgrades (like new factories or servers) it needs to survive. This is the 'free' money they can use to pay dividends or buy back stock. | $33.5M | -36.8% | +183.2% |
| FCF MarginThe ultimate cash conversion rate. It shows how good the company is at turning regular sales directly into cold, hard, spendable cash. A high percentage means the business is an absolute cash-printing machine. | +11.5% | -33.3% | +185.3% |
| Debt / EquityThe financial risk gauge. It compares how much of the company's empire was built using borrowed money (loans) versus the owners' own money (shareholders). A high number means they are heavily leveraged and playing a riskier game; a low number means they are playing it safe. | 101.6% | -7.6% | -0.2% |
| Current RatioThe 12-month survival check. It simply compares the cash they have right now (plus things they can quickly turn into cash) against the immediate bills they absolutely must pay this year. A score above 1 means they have enough in the wallet to cover the upcoming bills without panicking. | 1.69x | +19.9% | -90.7% |
| Total AssetsThe absolute size of the company's empire. It bundles together absolutely everything of value they own—from the cash in the register and the inventory in the warehouse, to the software patents in the vault and the factories on the ground. | $582.5M | +0.2% | -0.9% |
| Metric | Annual (A vs E) | Annual Surprise | Quarter (A vs E) | Quarter Surprise |
|---|---|---|---|---|
| EPS Surprise | 0.40 vs 1.28 | -68.9% | -0.20 vs 0.37 | -154.5% |
| Revenue Surprise | $291.6M vs $291.9M | -0.1% | $68.5M vs $72.8M | -5.9% |
| Date | Executive | Title | Security | Side | Shares | Price |
|---|---|---|---|---|---|---|
| Aug 24, 2026 | Winders Susan L | officer: C. Legal and Compliance Ofc | Class A Common Stock | D | 302,572 | $0.00 |
| Aug 24, 2026 | Van De Bogart Teresa S | director | Class A Common Stock | D | 57,362 | $0.00 |
| Aug 24, 2026 | Scherping Katherine Lee | director | Class A Common Stock | D | 41,486 | $0.00 |
| Aug 24, 2026 | RIHI, Inc. | 10 percent owner | Common Units of RMCO, LLC | D | 12,559,600 | — |
| Aug 24, 2026 | RAFFAELI C CATHLEEN | director | Class A Common Stock | D | 28,021 | $0.00 |
Tamir Poleg: Thank you, Alex, and good morning, everyone. I will cover our Q1 results and the RE/MAX transaction. Jenna will provide an update on key brokerage initiatives. Ravi will walk through our financials in greater detail, and then I'll come back to close. I'll start with a quick overview of our results. Real delivered another impressive first quarter, and I think the numbers speak for themselves. Revenue of $466 million, up 32%. Operating loss of $3.4 million improved by $1.8 million year-over-year. Adjusted EBITDA of $14.9 million increased 80%, and our unrestricted cash and investments balance increased by $30 million in the quarter to a record $62.9 million. All of this occurred in one of the softest markets we've seen in years. U.S. existing home sales were essentially flat at trough levels, and Canadian home sales activity declined mid- to high-single digits. Despite this, our agents closed nearly 42,000 transactions, up 25% year-over-year. Gross profit grew faster than operating expenses, and adjusted EBITDA grew 2.5x faster than revenue. That is the model working exactly as we designed. We ended the first quarter with approximately 33,500 agents. And as of May 6, that number has grown to over 33,900. This is happening while agents across the industry are struggling, transaction volumes are down and productivity is under pressure. The fact that we are both growing rapidly and improving retention in that environment demonstrates the value the platform delivers for agents. On our ancillary businesses, the progress we're making is starting to become very tangible. On Real Wallet, revenue more than tripled year-over-year to $436,000. We now have 8,000 active agents on the platform, which represents 23% of our total agent base, including 40% of those agents who generate over $150,000 in annual gross commissions. Weekly debit card spend has now exceeded $1 million a week, while deposit balances have grown to over $25 million. We ended the quarter with approximately $9 million of credit extended to agents across Canada and the U.S. and we are now seeing early data showing a direct link between wallet adoption and lower agent churn. We're still in the early stages of what Real Wallet can become, but I'm very excited to bring it to even more agents and following the RE/MAX closing franchisees across the country. On One Real Title, revenue increased 22% in the quarter. That is the strongest quarterly growth we have seen since Q1 of last year. We now operate 13 title joint ventures across 19 states, and we expect to open Colorado in the second quarter, bringing the total to 20 states. The state-based JV model is the right model to efficiently scale, and I am pleased that we are starting to see that play out in the numbers. On One Real Mortgage, revenue increased 20% year-over-year. Kate Gurevich, who joined as CEO in January, is focused on realigning the loan officer base with our current agent footprint while improving the cost …
| Name | Title | Compensation | Gender | Year Born | Status |
|---|---|---|---|---|---|
W. Erik Carlson | Chief Executive Officer & Director | USD 1,662,729 | Male | 1970 | Active |
Karri R. Callahan | Chief Financial Officer | USD 1,557,651 | Female | 1978 | Active |
Vic Lombardo | President of Mortgage Services | USD 757,411 | Male | — | Active |
Victor Lombardo | President of Mortgage Services | USD 757,411 | Male | — | Active |
Susan Winders | Chief Legal Officer, Chief Compliance Officer & Secretary | USD 547,190 | Female | 1971 | Active |
Abigail C. Lee | Chief Marketing Officer | USD 545,707 | Female | 1971 | Active |
Robert Fuchs | Chief Human Resources Officer | USD 540,684 | Male | 1967 | Active |
Josh Bolgren | Senior Vice President of Franchise Operations | — | Male | — | Active |
Tom Flanagan | Chief Digital Information Officer | — | Male | — | Active |
Travis Saxton | Executive Vice President of Strategy | — | Male | — | Active |
Chris Lim | President & Chief Growth Officer of REMAX | — | Male | — | Active |
David L. Liniger | Co Founder & Non-Executive Chairman | — | Male | 1946 | Active |
Roy E. Schwalm | Senior Vice President of Finance & Strategy | — | Male | — | Active |
Jerry Modes | Senior Vice President of Information Technology | — | Male | — | Active |
Leah Jenkins | Vice President & Chief Accounting Officer | — | Female | 1982 | Active |
Joe Schwartz | Senior Vice President of Finance & Investor Relations | — | Male | — | Active |
Gail A. Liniger | Co-Founder, Vice Chair Emerita & Director Emerita | — | Female | 1946 | Active |
Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of [url="]Kahn Swick and Foti[/url], LLC (âKSFâ) are investigating the propos
NEW YORK & NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of RE/MAX Holdings, Inc. (NYSE: RMAX) to The Real Brokerage Inc. (NasdaqCM: REAX). Under the terms of the proposed transaction, shareholders of RE/MAX will receive either 5.152 shares of the combined company or $13.80 in cash (subject to proration) for each share of RE/MAX that they own. KSF is seeking.
DENVER, July 28, 2026 /PRNewswire/ -- RE/MAX Holdings, Inc. (NYSE: RMAX), parent company of REMAX, one of the world's leading franchisors of real estate brokerage services, and Motto Mortgage, the first and only national mortgage brokerage franchise brand in the U.S., will release financial results for the second quarter ended June 30, 2026, after market close on Thursday, August 6, 2026. In light of the pending merger transaction with The Real Brokerage Inc. announced on April 27, 2026, RE/MAX Holdings, Inc. will not be holding a conference call.
The June REMAX National Housing Report shows stronger sales activity, modest inventory gains and steady market movement DENVER, July 15, 2026 /PRNewswire/ -- June brought a stronger pace of home sales across the U.S., while inventory continued to rise at a measured rate. According to the June REMAX National Housing Report, home sales rose 8.9% from May and 7.8% from June 2025.
Home Sales Rose for Fourth Straight Month as New Listings Slow DENVER, June 17, 2026 /PRNewswire/ -- U.S. home sales rose for the fourth consecutive month in May, increasing 7.9% from April, yet remained slightly below last year's level. Sales dipped 0.5% year over year, reflecting ongoing supply constraints as the number of new listings continued to slow.
