The earnings call highlighted RE/MAX's strong agent growth, successful adoption of new programs, and solid financial performance. However, challenges in the housing market, revenue decline, and slower-than-expected ramp-up of media initiatives presented notable concerns.

Company Guidance

During the RE/MAX Holdings Second Quarter 2025 Earnings Conference Call, the company provided several key metrics and guidance for the upcoming periods. They reported a total revenue of $72.8 million for Q2, with an adjusted EBITDA of $26.3 million, achieving a margin of 36.1%, which is an increase of 30 basis points compared to the previous year. Adjusted diluted EPS stood at $0.39. The company's global agent count hit over 147,000, an all-time high, with U.S. agent count showing signs of stabilization. Despite a decrease in revenue, excluding marketing funds, to $54.5 million, the company saw positive contributions from new revenue streams like its RE/MAX Media Network and lead concierge initiatives. Looking ahead, RE/MAX Holdings expects Q3 2025 revenue in the range of $71 million to $76 million and adjusted EBITDA between $23.5 million and $26.5 million. For the full year 2025, they anticipate agent count growth from 0% to 1.5% over 2024, with revenue between $290 million and $296 million, and adjusted EBITDA ranging from $90 million to $95 million. The company acknowledged challenges such as high mortgage rates and a sluggish housing market but remains optimistic about strategic initiatives like the Aspire program, which has positively impacted agent recruitment.

Record Agent Count

RE/MAX ended Q2 2025 with over 147,000 agents in its global network, an all-time high, showing signs of stabilization in the U.S. agent count.

Financial Performance Exceeds Expectations

Profit and margin performance exceeded expectations for the fifth consecutive quarter, with adjusted EBITDA margin increasing by 30 basis points to 36.1%.

Successful Adoption of Aspire Program

Aspire, an onboarding program, saw a significant adoption with nearly 60% of brokerages in the U.S. and Canada signing up, contributing to higher recruitment rates in Q2 2025.

Introduction of New Tools and Technology

RE/MAX launched an AI-powered global referral system and other tools like lead concierge and Marketing as a Service in beta, enhancing agent productivity and consumer experience.

Strategic Expansion in Hawaii

The acquisition of RE/MAX Hawaii added over 170 productive agents to the network, strengthening market share and operational capabilities.

Re/Max Holdings (RMAX) 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 >

RMAX Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Oct 30, 2025	2025 (Q3)	0.36 / -	0.38	―	―	―
Jul 29, 2025	2025 (Q2)	0.36 / 0.39	0.41	-4.88% (-0.02)
May 01, 2025	2025 (Q1)	0.18 / 0.24	0.2	20.00% (+0.04)
Feb 20, 2025	2024 (Q4)	0.29 / 0.30	0.3	0.00% (0.00)
Oct 31, 2024	2024 (Q3)	0.36 / 0.38	0.4	-5.00% (-0.02)
Aug 08, 2024	2024 (Q2)	0.35 / 0.41	0.4	2.50% (<+0.01)
May 02, 2024	2024 (Q1)	0.19 / 0.20	0.26	-23.08% (-0.06)
Feb 22, 2024	2023 (Q4)	0.29 / 0.30	0.41	-26.83% (-0.11)
Nov 02, 2023	2023 (Q3)	0.36 / 0.40	0.56	-28.57% (-0.16)
Aug 02, 2023	2023 (Q2)	0.40 / 0.40	0.68	-41.18% (-0.28)

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

RMAX Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Jul 29, 2025	$8.52	$7.78	-8.69%
May 01, 2025	$7.79	$8.11	+4.11%
Feb 20, 2025	$10.15	$9.11	-10.25%
Oct 31, 2024	$12.24	$11.35	-7.27%

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 Re/Max Holdings (RMAX) report earnings?

Re/Max Holdings (RMAX) is schdueled to report earning on Oct 30, 2025, After Close (Confirmed).

What is Re/Max Holdings (RMAX) earnings time?

Re/Max Holdings (RMAX) earnings time is at Oct 30, 2025, After Close (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 RMAX EPS forecast?

RMAX EPS forecast for the fiscal quarter 2025 (Q3) is 0.36.

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