MIAMI, FL – The Real Brokerage Inc. (NASDAQ: REAX) (“Real” or the “Company”) today announced financial results for the second quarter ended June 30, 2026. Real is a leading real estate technology platform focused on innovation and culture.
“Real delivered another quarter of significant double-digit organic revenue growth and Adjusted EBITDA margin expansion, despite an overall housing market that remains near trough levels,” said Tamir Poleg, Chairman and Chief Executive Officer.
“We enter the second half of the year with a robust pipeline and continue to make meaningful progress toward closing our acquisition of RE/MAX Holdings Inc. Our securityholder meeting to approve the transaction is scheduled for August 14, 2026. We look forward to combining REMAX’s iconic global brand and network of over 140,000 agents with Real’s technology platform as the Real REMAX Group.”
“Real’s agent count grew 26% year-over-year to 35,348 in the second quarter,” said Jenna Rozenblat, Chief Operating Officer and Chief Integration Officer. “We continue rolling out AI enhancements across our platform to improve the agent experience and drive growth in higher-margin ancillary services. Integration planning is underway, and we have high confidence in achieving $30 million of cost synergies within three years post-closing.”
“Real delivered another quarter of strong financial performance,” said Ravi Jani, Chief Financial Officer. “Revenue grew 30% to $700.6 million. GAAP net loss was $8.0 million, which included approximately $11.6 million of acquisition costs related to the pending REMAX deal. On a non-GAAP basis, Adjusted EBITDA grew 38% to $27.6 million. We ended the quarter with $86.6 million in cash and no debt.”
North American Brokerage
One Real Title
One Real Mortgage
Real Wallet
Real Wallet is a financial technology platform that gives agents centralized access to Company-branded financial products. These include business checking accounts with debit cards through Thread Bank (Member FDIC), rewards that can reduce brokerage fees, and business loans in select U.S. states and Canadian provinces.
On April 26, 2026, Real entered a definitive agreement to acquire RE/MAX Holdings Inc. Real formed a new holding company expected to be renamed Real REMAX Group Inc. It is expected to trade on the Nasdaq Global Select Market under the symbol “REAX” after closing. The transaction is targeted for the second half of 2026, subject to securityholder and shareholder approvals and other closing conditions. Real’s Special Meeting of Securityholders is scheduled for August 14, 2026. The Company has already received HSR antitrust clearance.
On June 2, 2026, Real expanded into New Brunswick, its sixth Canadian province.
Real (NASDAQ: REAX) is a real estate technology company working to simplify life’s most complex transaction. It combines essential real estate, mortgage, and closing services with powerful technology to deliver a seamless end-to-end consumer experience guided by trusted agents. Real operates in all 50 U.S. states and Canada and supports more than 36,000 agents. Additional information is available at www.onereal.com.
The Real Brokerage is not a bank. Banking services are provided by Thread Bank, Member FDIC.
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