Business
The Real Brokerage Inc. Announces Fourth Quarter and Full Year 2025 Financial Results
MIAMI--(BUSINESS WIRE)-- The Real Brokerage Inc. (NASDAQ: REAX) (“Real” or the “Company”), a leading real estate technology platform redefining the industry
About this update from The Real Brokerage, Inc.
[{"type":"text","content":" MIAMI--(BUSINESS WIRE)--\nThe Real Brokerage Inc. (NASDAQ: REAX) (“Real” or the “Company”), a leading real estate technology platform redefining the industry through innovation and culture, announced today financial results for the fourth quarter and full year ended December 31, 2025.\n\n\n“Real delivered strong fourth quarter results, with revenue increasing 44% year-over-year and closed transactions growing 38%,” said Tamir Poleg, Chairman and Chief Executive Officer. “We ended 2025 with revenue up 56% for the full year and 31,739 agents on our platform, reflecting continued organic share gains despite a tepid housing environment. Our differentiated agent value proposition and expanding ecosystem of products and services continue to attract productive agents seeking greater flexibility, technology, and financial opportunity.\"\n\n\n”Throughout 2025, we scaled our platform with discipline, with growth in revenue and gross profit outpacing growth in operating expenses,” said Jenna Rozenblat, Chief Operating Officer. “As we enter 2026, we remain focused on investing in technology and expanding adoption of our ancillary services to enhance agent productivity and deepen engagement across our network.”\n\n\n“In 2025, we generated $65.9 million of cash from operating activities and ended the year with $49.9 million of unrestricted cash and short-term investments and no debt,” said Ravi Jani, Chief Financial Officer. “We repurchased $39.4 million of common shares during the year while continuing to invest in platform innovation and ancillary expansion. Looking ahead, we remain focused on driving organic growth, expanding margins, and allocating capital to generate long-term value.”\n\n\nQ4 2025 Financial Highlights1\n\n\n\nRevenue rose to $505.1 million in the fourth quarter of 2025, an increase of 44% from $350.6 million in the fourth quarter of 2024.\n\n\n\nGross profit reached $39.0 million in the fourth quarter of 2025, an increase of 30% from $30.0 million in the fourth quarter of 2024.\n\n\n\nOperating expenses totaled $44.3 million in the fourth quarter of 2025, a 22% increase from $36.4 million in the fourth quarter of 2024.\n\n\n\nNet loss attributable to owners of the Company improved to $(4.2) million in the fourth quarter of 2025, compared to $(6.6) million in the fourth quarter of 2024.\n\n\n\nBasic and diluted loss per ...