The earnings call presented a strong overall performance with record revenue growth, the first-ever positive operating income, and significant agent community expansion. However, challenges are evident in the form of declining gross margins and slower title revenue growth. Despite these, the strategic acquisition of Flyhomes and strong ancillary business growth contribute positively.

Company Guidance -

Q3 2025

During The Real Brokerage's second quarter earnings call, the company reported a 59% increase in revenue to $541 million, driven by a 62% rise in closed transactions, despite a 1% decline in the overall industry. This period marked the first quarter of positive operating income at $1.7 million and a net income of $1.6 million. Adjusted EBITDA improved by 43% to $20 million, contributing to a strong cash flow of $41 million from operating activities. The company ended the quarter with an all-time high cash balance of $55 million. Agent count grew by 43% year-over-year to 28,000, surpassing 29,200 as of the call date, with transactions per average agent increasing by 7%. Ancillary business lines, including One Real Mortgage, One Real Title, and Real Wallet, grew by a combined 50%, contributing 1% to total revenue and nearly 5% to gross profit. The company also highlighted the strategic acquisition of Flyhomes' AI-powered consumer home search portal, aiming to enhance their end-to-end home buying experience.

Record-Breaking Revenue and Growth

Revenue in the second quarter increased by 59% year-over-year to $541 million, driven by a 62% increase in the number of transactions closed. This compares favorably to the total existing home sales market, where industry transactions declined by 1% during the quarter.

First Ever Positive Operating Income

Real reported its first ever quarter of positive operating income, which was $1.7 million in the quarter and positive net income of $1.6 million.

Agent Community Growth

The Real Brokerage ended the second quarter with 28,000 agents, marking a 43% increase versus the prior year. As of the call date, the agent count exceeds 29,200.

Strong Performance in Ancillary Business Lines

Ancillary business lines grew by a combined 50%, contributing approximately 1% of total revenue and nearly 5% of gross profit. One Real Mortgage saw exceptional revenue growth of 80% in the quarter.

Successful Acquisition of Flyhomes

The acquisition of Flyhomes' AI-powered consumer home search portal and related technology assets is seen as a major step towards delivering an end-to-end AI-driven home buying experience.

Real Brokerage (REAX) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

REAX Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Nov 06, 2025	2025 (Q3)	-0.01 / -	-0.01	―	―	―
Aug 07, 2025	2025 (Q2)	<0.01 / 0.01	-0.01	200.00% (+0.02)
May 08, 2025	2025 (Q1)	-0.05 / -0.02	-0.09	77.78% (+0.07)
Mar 06, 2025	2024 (Q4)	-0.04 / -0.03	-0.07	57.14% (+0.04)
Nov 07, 2024	2024 (Q3)	-0.03 / -0.01	-0.02	50.00% (+0.01)
Aug 07, 2024	2024 (Q2)	-0.02 / -0.01	-0.02	50.00% (+0.01)
May 07, 2024	2024 (Q1)	-0.04 / -0.09	-0.04	-125.00% (-0.05)
Mar 07, 2024	2023 (Q4)	-0.04 / -0.07	-0.04	-75.00% (-0.03)
Nov 09, 2023	2023 (Q3)	-0.03 / -0.02	-0.03	33.33% (<+0.01)	―
Aug 09, 2023	2023 (Q2)	-0.03 / -0.02	-0.02	0.00% (0.00)	―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

REAX Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Aug 07, 2025	$4.11	$4.09	-0.49%
May 08, 2025	$4.47	$4.32	-3.36%
Mar 06, 2025	$4.95	$4.73	-4.44%
Nov 07, 2024	$5.64	$6.23	+10.46%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Real Brokerage (REAX) report earnings?

Real Brokerage (REAX) is schdueled to report earning on Nov 06, 2025, Before Open (Confirmed).

What is Real Brokerage (REAX) earnings time?

Real Brokerage (REAX) earnings time is at Nov 06, 2025, Before Open (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is REAX EPS forecast?

REAX EPS forecast for the fiscal quarter 2025 (Q3) is -0.01.

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