The Real Brokerage Q4 revenue beats on rise in agent count

Real REMAX

04/03/2026 12:11

Overview

Real estate tech platform's Q4 revenue rose 44%, beating analyst expectations

Adjusted EBITDA for Q4 beat analyst expectations

Company repurchased 3.9 mln shares for $15.1 mln in Q4

Outlook

Company plans to invest in technology and expand ancillary services in 2026

Company aims to drive organic growth and expand margins in 2026

Result Drivers

AGENT GROWTH - Co attributed revenue increase to a 31% rise in agent count and 38% growth in closed transactions

PRODUCT AND SERVICE EXPANSION - Co credited its expanding ecosystem of products and services for attracting productive agents

DISCIPLINED GROWTH - Co said revenue and gross profit growth outpaced operating expenses, maintaining disciplined platform scaling

Company press release: ID:nBw1P0zZXa

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Revenue
Beat
$505.10 mln
$474.78 mln (4 Analysts)
Q4 EPS
-$0.02
Q4 Net Income
-$4.20 mln
Q4 Adjusted EBITDA
Beat
$14.20 mln
$10.73 mln (4 Analysts)
Q4 Gross Profit
$39 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

The average consensus recommendation for the real estate services peer group is "buy"

Wall Street's median 12-month price target for Real Brokerage Inc is $5.50, about 100.7% above its March 3 closing price of $2.74

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)