Earnings Releases·Nov 5, 2026, 7:00 AM ET

Real REMAX Group — Third Quarter 2026 Earnings Summary

Revenue increased 28% year-over-year to $727.9 million, while Adjusted EBITDA rose 66% to $33.8 million; GAAP results reflected a $67.2 million net loss driven by $52.3 million in acquisition-related expenses and $26.4 million in accelerated stock-based compensation.
Full-year 2027 Adjusted EBITDA guidance is set at $175 million to $190 million, with Q4 2026 revenue guidance of $575 million to $625 million, assuming a 5%–10% decline in U.S. existing-home sales and 3%–4% decline in home prices.
The company completed the acquisition of RE/MAX Holdings on August 24, 2026, achieving over $40 million in annualized gross cost savings within two months and targeting a net leverage ratio below 2.0x by end-2028.
Strategic initiatives include the launch of the Leo Pro AI platform, the repurchase of 264,000 common shares for $4.7 million, and the company's role as a founding member of the Open Real Estate initiative.