Real Brokerage Inc (REAX)
Real Brokerage Inc reported revenue of $2B in fiscal 2025, up 55.7% from a year earlier. It posted a net loss of $8.1M. Operating cash flow minus capital spending left $64.8M of free cash flow in fiscal 2025. At December 31, 2025 it held $33.2M in cash.
Key facts about Real Brokerage Inc
- Net worth
- Real Brokerage Inc has a market value (market cap) of $2.5B at the latest share price, and shareholders' equity of $51.7M on its balance sheet at December 31, 2025. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
- Revenue and profit
- In fiscal 2025 revenue was $2B (+55.7% year on year), with a net loss of $8.1M.
- Cash flow
- In fiscal 2025 operations brought in $65.9M of cash; after $1.1M of capital spending, free cash flow was $64.8M.
What Real Brokerage Inc does
Real Brokerage Inc is registered with the SEC under industry code SIC 6531 (Real Estate Agents & Managers (For Others)). Its shares trade on NASDAQ under the ticker REAX.
Revenue and profit by year
Key figures
| Fiscal year | Revenue | Net income | Diluted EPS | Free cash flow |
|---|---|---|---|---|
| 2025 | $2B | -$8.1M | -$0.04 | $64.8M |
| 2024 | $1.3B | -$26.5M | -$0.14 | $47.7M |
| 2023 | $689.2M | -$27.5M | -$0.15 | $18.3M |
| 2022 | $381.8M | -$20.6M | -$0.12 | n/a |
| 2021 | $121.7M | -$11.7M | -$0.07 | $1.5M |
| 2021 | $16.6M | -$3.6M | -$0.04 | -$1.6M |
Earnings: every quarter and the next report date
Full financial statements: income, balance sheet and cash flow
Where REAX ranks in Finance
Dividends
It paid out $339K in cash dividends.
| Fiscal year | Per share | Paid out | Of profit |
|---|---|---|---|
| 2023 | n/a | $339K | n/a |
| 2022 | n/a | $19K | n/a |
Latest SEC filings
What Real Brokerage Inc has filed recently, newest first. Each links to the original document on SEC EDGAR.
- October 30, 2026Passive stake changed SCHEDULE 13G/A
- October 30, 2026Passive stake changed SCHEDULE 13G/A
- September 4, 2026Deregistration 15-12G
- August 24, 2026Form S-8 POS filing S-8 POS
- August 24, 2026Form S-8 POS filing S-8 POS
- August 24, 2026Form S-8 POS filing S-8 POS
- August 24, 2026Form POS AM filing POS AM
- August 24, 2026
- August 21, 2026
- August 20, 2026
Insider trades
What the people running Real Brokerage Inc did with its shares, from the Form 4 filings they must send the SEC within two business days.
No insider trades were reported in the last 90 days.
Who owns REAX
Three views from three kinds of SEC filings, each with its own date. They overlap and are not added up.
5% holders
| Holder | Of class | Filed |
|---|---|---|
| Guy Gamzu13G, passive with 2 related filers | 8.8% | January 30, 2025 |
| Tamir Poleg13G, passive | 7.35% | November 12, 2024 |
| Poleg Tamir13G, passive | 5.7% | October 24, 2025 |
| Portolan Capital Management, LLC13G, passive with 1 related filers | 5.07% | August 14, 2026 |
Largest institutional holders
Positions that investment managers reported on Form 13F for the quarter ended June 30, 2026, largest first, with the change on the quarter ended March 31, 2026. Managers file 13F up to 45 days after a quarter ends. 175 managers reported a position.
| Holder | Shares | Change on quarter |
|---|---|---|
| Magma Venture Partners General Partner Ltd. | 23,680,629 | 0 |
| Portolan Capital Management, LLC | 11,042,364 | -3,477,484 |
| BlackRock, Inc. | 10,967,318 | +2,736,568 |
| Insight Holdings Group, LLC | 6,968,725 | 0 |
| Grizzlyrock Capital, LLC | 4,858,289 | +1,233,975 |
| Renaissance Technologies LLC | 4,100,213 | +2,303,213 |
| Jacobs Levy Equity Management, Inc | 3,707,230 | +1,686,726 |
| Shay Capital LLC | 3,625,000 | +630,000 |
| CenterBook Partners LP | 3,444,260 | +289,126 |
| Woodson Capital Management, LP | 3,300,000 | +2,800,000 |
| Millennium Management LLC | 2,577,208 | +1,104,020 |
| Goldman Sachs Group Inc | 2,571,303 | +1,742,094 |
| State Street Corp | 2,440,891 | +209,435 |
| Marshall Wace, Llp | 2,209,252 | +2,032,400 |
| Geode Capital Management, LLC | 2,185,851 | +375,852 |
| Arrowstreet Capital, Limited Partnership | 2,177,940 | +132,827 |
| Morgan Stanley | 1,764,601 | +196,242 |
| Vanguard Portfolio Management LLC | 1,074,523 | +240,219 |
| Northern Trust Corp | 898,597 | +160,760 |
| Aqr Capital Management LLC | 898,420 | +548,081 |
Insiders
Questions about REAX
What does Real Brokerage Inc do?
Real Brokerage Inc is a company in the Finance sector, listed on NASDAQ as REAX. Its shares trade on NASDAQ under the ticker REAX.
What is Real Brokerage Inc's net worth?
Real Brokerage Inc has a market value (market cap) of $2.5B at the latest share price, and shareholders' equity of $51.7M on its balance sheet at December 31, 2025. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
Is Real Brokerage Inc profitable?
No. In fiscal 2025 it reported a net loss of $8.1M on revenue of $2B.
How much revenue does Real Brokerage Inc make?
In fiscal 2025 Real Brokerage Inc reported revenue of $2B. That is 55.7% more than a year earlier.
When did Real Brokerage Inc last report?
Its newest filing of any kind is the passive stake changed from October 30, 2026.
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Where the numbers come from
Financial figures are the values Real Brokerage Inc tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.
Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.