The Real Brokerage, Inc. (REAX)
REAX · Real Estate Agents & Managers (For Others) · Miami, FL · filing with the SEC since 2021
Income statement, as filed
In thousands of US dollars (USD), as filed; per-share figures in US dollars; share counts in thousands. The fiscal year ends in December.| Fiscal year | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Period ending | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 |
| Report filed | Mar 4, 2026 | Mar 6, 2025 | Mar 14, 2024 | Mar 16, 2023 |
| Revenue | 1,968,416 | 1,264,639 | 689,158 | · |
| Cost of revenue | 1,802,728 | 1,149,898 | 626,285 | · |
| Gross profit | 165,688 | 114,741 | 62,873 | · |
| Research and development | 17,443 | 12,156 | 7,359 | · |
| Sales and marketing | 82,383 | 57,477 | 38,611 | · |
| General and administrative | 74,359 | 61,084 | 42,913 | · |
| Total operating expenses | 174,935 | 139,967 | 88,883 | · |
| Total costs and expenses | 1,977,663 | 1,289,865 | 715,168 | · |
| Operating income | -9,247 | -25,226 | -26,010 | · |
| Interest and investment income | 764 | 480 | · | · |
| Other income (expense), net | 995 | 496 | -587 | · |
| Income before income taxes | -8,806 | -26,453 | · | · |
| Income tax expense | -740 | · | · | · |
| Net income including non-controlling interests | -8,066 | -26,453 | -27,216 | · |
| Net income to non-controlling interests | 39 | 88 | 285 | · |
| Net income | -8,105 | -26,541 | -27,501 | · |
| Earnings per share, basic | -0.04 | -0.14 | -0.15 | · |
| Earnings per share, diluted | -0.04 | -0.14 | -0.15 | · |
| Weighted average shares, basic | 219,873 | 191,172 | 178,127 | · |
| Weighted average shares, diluted | 219,873 | 191,172 | 178,127 | · |
As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.A dot is a line not tagged for that period. r restated by the company in a later report; b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.
What each line is, and the XBRL concept behind it
Revenue what customers paid for what it sold
us-gaap:RevenuesCost of revenue what it cost to make or buy what it sold
us-gaap:CostOfRevenueGross profit revenue less the cost of what it sold
us-gaap:GrossProfitResearch and development spent on inventing what it sells next
us-gaap:ResearchAndDevelopmentExpenseSales and marketing the cost of finding and serving customers
us-gaap:SellingAndMarketingExpenseGeneral and administrative the cost of running the company itself
us-gaap:GeneralAndAdministrativeExpenseTotal operating expenses the running costs together
us-gaap:OperatingExpensesTotal costs and expenses every operating cost, the cost of revenue included
us-gaap:CostsAndExpensesOperating income profit from running the business, before interest and tax
us-gaap:OperatingIncomeLossInterest and investment income what its cash and investments earned
us-gaap:InvestmentIncomeInterestAndDividendOther income (expense), net gains and costs outside the business
us-gaap:OtherNonoperatingIncomeExpenseIncome before income taxes profit before tax
us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterestIncome tax expense tax charged on the period's profit
us-gaap:IncomeTaxExpenseBenefitNet income including non-controlling interests the whole group's profit, minority holders' share included
us-gaap:ProfitLossNet income to non-controlling interests the share that belongs to minority holders
us-gaap:NetIncomeLossAttributableToNoncontrollingInterestNet income the profit or loss that belongs to the company's shareholders
us-gaap:NetIncomeLossEarnings per share, basic net income per share outstanding
us-gaap:EarningsPerShareBasicEarnings per share, diluted net income per share, counting every share that could be issued
us-gaap:EarningsPerShareDilutedWeighted average shares, basic the average count of shares outstanding
us-gaap:WeightedAverageNumberOfSharesOutstandingBasicWeighted average shares, diluted the average count with every share that could be issued
us-gaap:WeightedAverageNumberOfDilutedSharesOutstanding