The Real Brokerage posted Q2 revenue up 30% to USD 700.6 million, while net results swung to a GAAP loss of USD 8 million.
Adjusted EBITDA, a non-GAAP measure, rose 38% to USD 27.6 million; operating expenses climbed 41% to USD 65.3 million.
Acquisition costs tied to the pending RE/MAX deal totaled USD 11.6 million, contributing to the quarterly GAAP loss.
Closed transaction sides increased 27% to 62,380, while agent count grew 26% to 35,348; cash from operations totaled USD 47.2 million.
Management said the RE/MAX securityholder vote is scheduled for Aug. 14, 2026, targeting a second-half close with USD 30 million cost synergies in three years.
REAX•
