Re/Max Holdings Inc ( (RMAX) ) has released its Q2 earnings. Here is a breakdown of the information Re/Max Holdings Inc presented to its investors.
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RE/MAX Holdings, Inc. is a leading global franchisor in the real estate industry, operating under the REMAX brand for real estate brokerages and the Motto Mortgage brand for mortgage brokerages in the U.S.
In the second quarter of 2025, RE/MAX Holdings reported a total revenue of $72.8 million, reflecting a 7.3% decrease from the previous year. Despite the decline in revenue, the company achieved a net income of $4.7 million, with earnings per diluted share at $0.23.
Key financial metrics showed a decrease in adjusted EBITDA by 6.4% to $26.3 million, while the total agent count reached an all-time high of 147,073, marking a 2.5% increase. However, the U.S. and Canada agent count saw a 5% decline. The company also reported a decrease in operating expenses by 5.7%, attributed to lower marketing funds and administrative costs.
Looking ahead, RE/MAX Holdings anticipates a modest increase in agent count and expects its revenue for the third quarter to range between $71.0 million and $76.0 million. The company remains focused on enhancing customer experience and leveraging its innovative programs to support its affiliates in building more profitable businesses.