REAXThe Real Brokerage Inc.

$518M

Q3 2025 Earnings

Real Estate Real Estate - Services

Income Statement

Revenue

$569M+52.6% YoY

Gross Profit

$45M7.9% margin

Operating Income

-$473,000-0.1% margin

Net Income

-$447,000-0.1% margin

EPS (Diluted)

$-0.00

QoQ Revenue Growth

+5.1%

Cash Flow

Operating Cash Flow

$19M

Free Cash Flow

$19M

Stock-Based Comp.

$20M

Balance Sheet

Total Assets

$145M

Total Liabilities

$92M

Stockholders' Equity

$54M

Cash & Equivalents

$72M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$569M	$372M	+52.6%
Gross Profit	$45M	$32M	+39.6%
Operating Income	-$473,000	-$2M	+80.9%
Net Income	-$447,000	-$3M	+82.7%

REAX Q3 2025 Earnings — The Real Brokerage Inc. Revenue & Financial Results | Market Cap Arena