Quarterly ResultMay 7, 2026, 07:07 AM
Real Brokerage Q1 Revenue +32% to $465.6M; Adjusted EBITDA $14.9M
AI Summary
Real Brokerage Inc. reported strong first-quarter 2026 results, with revenue increasing 32% year-over-year to $465.6 million. The company significantly improved its net loss to $(3.5) million from $(5.1) million in Q1 2025, while Adjusted EBITDA surged by 79.5% to $14.9 million. This growth was driven by a 25% increase in closed transaction sides and a 25% expansion of its agent network.
Key Highlights
- Q1 2026 revenue increased 32% to $465.6 million from $354.0 million in Q1 2025.
- Net loss improved to $(3.5) million in Q1 2026 from $(5.1) million in Q1 2025.
- Adjusted EBITDA rose 79.5% to $14.9 million in Q1 2026 from $8.3 million in Q1 2025.
- Total value of transactions grew 24% to $16.8 billion in Q1 2026.
- Closed transaction sides increased 25% to 41,882 in Q1 2026.
- Agent count expanded 25% to 33,510 by the end of Q1 2026.
- Gross profit increased 24% to $42.2 million in Q1 2026.
- Cash and cash equivalents and investments totaled $62.9 million as of March 31, 2026.