Real Brokerage (REAX) Reports Q3 2026 Results Following RE/MAX Acquisition
Real Brokerage (REAX) reported strong third-quarter 2026 financial results, highlighted by a 28% year-over-year revenue increase to $727.9 million. This growth includes the initial impact of the RE/MAX acquisition. Adjusted EBITDA rose significantly by 66% to $33.8 million, reflecting improved margins and realized cost synergies from the merger. Despite the top-line growth, the company reported a GAAP net loss of $67.2 million due to $78.7 million in nonrecurring acquisition-related expenses. Management is actively rationalizing its portfolio, including closing 104 Motto Mortgage offices and offboarding low-production agents to drive profitability. Looking ahead, the company issued cautious Q4 guidance due to expected headwinds in housing activity.
Topics: Acquisition Adjusted EBITDA Agent Count Real Brokerage Holdings Revenue Growth
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