Quarterly ResultAug 6, 2026, 07:08 AM
Real Brokerage Q2 Revenue +30% to $700.6M; Reports $(8.0)M Net Loss
AI Summary
Real Brokerage Inc. reported a 30% increase in Q2 2026 revenue to $700.6 million, driven by a 31% rise in the total value of completed real estate transactions and a 26% growth in its agent network. Despite strong operational growth and a 38% increase in Adjusted EBITDA to $27.6 million, the company posted a net loss of $(8.0) million, compared to a net income of $1.6 million in the prior year period. This loss was partly influenced by a 41% increase in operating expenses, including $11.6 million in acquisition costs related to the pending RE/MAX acquisition.
Key Highlights
- Revenue increased 30% to $700.6 million in Q2 2026 from $540.7 million in Q2 2025.
- Net loss was $(8.0) million in Q2 2026, compared to net income of $1.6 million in Q2 2025.
- Adjusted EBITDA grew 38% to $27.6 million in Q2 2026 from $20.0 million in Q2 2025.
- Total value of completed real estate transactions rose 31% to $26.3 billion in Q2 2026.
- Total number of closed transaction sides increased 27% year-over-year to 62,380.
- The total number of agents on the platform grew 26% to 35,348 by the end of Q2 2026.
- Acquisition costs related to the pending RE/MAX acquisition totaled $11.6 million in Q2 2026.
- Cash and cash equivalents and investments in financial assets reached $86.6 million as of June 30, 2026.
Price Impact
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