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The Real Brokerage Inc. logo

The Real Brokerage Inc.

REAX

NASDAQReal EstateReal Estate - Services

Open in GoAI

Previous close

$2.64

−$0.11 · -4.00%

Aug 21, 4:00 PM ET

REAX company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Hold

Wait — insufficient conviction to act

Valuation

50

Fair Value

Momentum

36

Weakening

Sentiment

62

Bullish

Risk resilience

34

High Risk

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Company profile

Company website

Operating with its various subsidiaries, The Real Brokerage Inc. functions as a technology-driven real estate brokerage enterprise. The company delivers comprehensive real estate agency solutions through an expansive network of agents. It equips its agents with a cutting-edge, mobile-optimized technological platform for managing their business activities, alongside offering favorable contractual terms and avenues for generating wealth. Its operations span 42 states across the United States, the District of Columbia, and Canada. The Real Brokerage Inc.'s corporate headquarters are located in Toronto, Canada.

Industry
Real Estate - Services
Sector
Real Estate
Headquarters
US
CEO
Tamir Poleg
Listed since
Jan 8, 2021
Employees
511

Market position

Day range

Current $2.64

52-week range

Current $2.64

Open
$2.676
Previous close
$2.75
Volume
7.44M
1.7× average
Average volume
4.37M
Average daily volume
Market cap
575.37M USD
Beta
0.77
Market reference 1
50-day average
$1.9962
+32.25% above average
200-day average
$2.7062
-2.44% below average

Financials

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends11%3%-4%-12%Gross margin, FY2021: 9.12%Gross margin, FY2022: 8.37%Gross margin, FY2023: 9.12%Gross margin, FY2024: 9.07%Gross margin, FY2025: 8.32%Operating margin, FY2021: -9.05%Operating margin, FY2022: -5.02%Operating margin, FY2023: -3.77%Operating margin, FY2024: -1.99%Operating margin, FY2025: -0.43%Net margin, FY2021: -10.14%Net margin, FY2022: -5.39%Net margin, FY2023: -3.99%Net margin, FY2024: -2.10%Net margin, FY2025: -0.41%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 9.12%. Gross margin FY2022 8.37%. Gross margin FY2023 9.12%. Gross margin FY2024 9.07%. Gross margin FY2025 8.32%. Operating margin FY2021 -9.05%. Operating margin FY2022 -5.02%. Operating margin FY2023 -3.77%. Operating margin FY2024 -1.99%. Operating margin FY2025 -0.43%. Net margin FY2021 -10.14%. Net margin FY2022 -5.39%. Net margin FY2023 -3.99%. Net margin FY2024 -2.10%. Net margin FY2025 -0.41%.

Income trends

Revenue

1.97B USD+55.65%

Operating income

−8.5M USD+66.32%

Net income

−8.11M USD+69.46%
Income trends across reported periods2.17B USD1.37B USD571.27M USD−227.09M USDRevenue, FY2021: 121.68M USDRevenue, FY2022: 381.76M USDRevenue, FY2023: 689.16M USDRevenue, FY2024: 1.26B USDRevenue, FY2025: 1.97B USDOperating income, FY2021: −11.02M USDOperating income, FY2022: −19.17M USDOperating income, FY2023: −26.01M USDOperating income, FY2024: −25.23M USDOperating income, FY2025: −8.5M USDNet income, FY2021: −12.34M USDNet income, FY2022: −20.58M USDNet income, FY2023: −27.5M USDNet income, FY2024: −26.54M USDNet income, FY2025: −8.11M USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 121.68M USD. Revenue FY2022 381.76M USD. Revenue FY2023 689.16M USD. Revenue FY2024 1.26B USD. Revenue FY2025 1.97B USD. Operating income FY2021 −11.02M USD. Operating income FY2022 −19.17M USD. Operating income FY2023 −26.01M USD. Operating income FY2024 −25.23M USD. Operating income FY2025 −8.5M USD. Net income FY2021 −12.34M USD. Net income FY2022 −20.58M USD. Net income FY2023 −27.5M USD. Net income FY2024 −26.54M USD. Net income FY2025 −8.11M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue1.97B USD1.26B USD689.16M USD381.76M USD121.68M USD
Cost of goods sold1.8B USD1.15B USD626.29M USD349.81M USD110.59M USD
Gross profit163.76M USD114.74M USD62.87M USD31.95M USD11.09M USD
Research and development17.44M USD12.16M USD7.36M USD4.87M USD3.98M USD
Selling, general, and administrative154.81M USD117.17M USD81.52M USD46.83M USD18.38M USD
Operating expenses172.26M USD139.97M USD88.88M USD51.12M USD22.11M USD
Interest income————13K USD
Interest expense554K USD1.12M USD68K USD940K USD101K USD
Depreciation and amortization1.93M USD1.4M USD1.13M USD333K USD213K USD
Operating income−8.5M USD−25.23M USD−26.01M USD−19.17M USD−11.02M USD
Net income−8.11M USD−26.54M USD−27.5M USD−20.58M USD−12.34M USD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
55%
6 beats, 4 misses, 1 met estimate
Average EPS surprise
-16.81%
11 comparable reports
Latest EPS result
-0.03
Estimate 0.01 · Miss by 549.78%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates0.050-0.04-0.09Q1 '25BeatQ2 '25BeatQ3 '25BeatQ4 '25BeatQ1 '26BeatQ2 '26BeatQ3 '26MissQ4 '26Estimate
Q1 2025, reported Mar 6, 2025: actual -0.03, estimate -0.05, surprise +40.00%, Beat. Q2 2025, reported May 8, 2025: actual -0.02, estimate -0.05, surprise +60.00%, Beat. Q3 2025, reported Aug 7, 2025: actual 0.01, estimate 0.003, surprise +300.00%, Beat. Q4 2025, reported Oct 30, 2025: actual -0.002, estimate -0.02, surprise +89.80%, Beat. Q1 2026, reported Mar 4, 2026: actual -0.02, estimate -0.03, surprise +33.33%, Beat. Q2 2026, reported May 7, 2026: actual -0.02, estimate -0.03, surprise +33.33%, Beat. Q3 2026, reported Aug 6, 2026: actual -0.03, estimate 0.007, surprise -549.78%, Miss. Q4 2026, reported Oct 29, 2026: actual —, estimate 0.01, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates732.23M579.24M426.24M273.25MQ1 '25BeatQ2 '25MissQ3 '25BeatQ4 '25BeatQ1 '26BeatQ2 '26MissQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Mar 6, 2025: actual 350.63M USD, estimate 304.9M USD, surprise +15.00%, Beat. Q2 2025, reported May 8, 2025: actual 353.98M USD, estimate 489.07M USD, surprise -27.62%, Miss. Q3 2025, reported Aug 7, 2025: actual 540.75M USD, estimate 533.87M USD, surprise +1.29%, Beat. Q4 2025, reported Oct 30, 2025: actual 568.55M USD, estimate 477.98M USD, surprise +18.95%, Beat. Q1 2026, reported Mar 4, 2026: actual 505.14M USD, estimate 483.65M USD, surprise +4.44%, Beat. Q2 2026, reported May 7, 2026: actual 465.55M USD, estimate 474.84M USD, surprise -1.96%, Miss. Q3 2026, reported Aug 6, 2026: actual 700.58M USD, estimate 652.47M USD, surprise +7.37%, Beat. Q4 2026, reported Oct 29, 2026: actual —, estimate 680.67M USD, surprise —, Comparison unavailable.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Analyst price target

Average target

$4.25

60.98% upside
Past 12 months12-month forecastHigh $4.25Average $4.25Low $4.25

Rating distribution

7 ratings
Strong buy00%
Buy571%
Hold229%
Sell00%
Strong sell00%

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ETFs holding REAX

Funds reporting this stock among their holdings, ordered by reported position size.

iShares Russell 2000 ETF logoiShares Russell 2000 ETFIWM
Market value
11.03M
Weight
0.01%
AUM
81.62B USD
Expense ratio
0.19%
Price / 1D
$299.96—
iShares Russell 2000 Growth ETF logoiShares Russell 2000 Growth ETFIWO
Market value
4.03M
Weight
0.03%
AUM
15.16B USD
Expense ratio
0.24%
Price / 1D
$387.37—
iShares Micro-Cap ETF logoiShares Micro-Cap ETFIWC
Market value
1.48M
Weight
0.10%
AUM
1.53B USD
Expense ratio
0.60%
Price / 1D
$198.39—
Vanguard Russell 2000 ETF logoVanguard Russell 2000 ETFVTWO
Market value
1.41M
Weight
0.01%
AUM
17.4B USD
Expense ratio
0.06%
Price / 1D
$121.25—
Fidelity Enhanced Small Cap ETF logoFidelity Enhanced Small Cap ETFFESM
Market value
1.24M
Weight
0.02%
AUM
6.03B USD
Expense ratio
0.28%
Price / 1D
$47.94—
Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF logoGoldman Sachs ActiveBeta U.S. Small Cap Equity ETFGSSC
Market value
841.42K
Weight
0.08%
AUM
1.08B USD
Expense ratio
0.20%
Price / 1D
$91.32—
Vanguard Russell 2000 Growth ETF logoVanguard Russell 2000 Growth ETFVTWG
Market value
265.22K
Weight
0.02%
AUM
1.7B USD
Expense ratio
0.06%
Price / 1D
$282.73—
Invesco RAFI US 1500 Small-Mid ETF logoInvesco RAFI US 1500 Small-Mid ETFPRFZ
Market value
237.84K
Weight
0.01%
AUM
2.87B USD
Expense ratio
0.34%
Price / 1D
$55.89—

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