The Real Brokerage Inc. (REAX) Revenue History
Annual and quarterly revenue from 2018 to present
REAX Revenue Over Time (2018–2025)
REAX Revenue Growth History
7 of 7 years with positive growth- FY2018 revenue growth
- N/A
- FY2019 revenue growth
- +86.5%
- FY2020 revenue growth
- +5.1%
- FY2021 revenue growth
- +634.8%
- FY2022 revenue growth
- +213.7%
- FY2023 revenue growth
- +80.5%
- FY2024 revenue growth
- +83.5%
- FY2025 revenue growth
- +55.7%
| Quarter | Revenue | YoY |
|---|---|---|
| Q1 2026 | $465.6M | +31.5% |
| Q4 2025 | $505.1M | +44.1% |
| Q3 2025 | $568.5M | +52.6% |
| Q2 2025 | $540.7M | +58.7% |
| Q1 2025 | $354.0M | +76.3% |
| Q4 2024 | $350.6M | +93.4% |
| Q3 2024 | $372.5M | +73.5% |
| Q2 2024 | $340.8M | +83.9% |
Multi-year avg. share of annual revenue by fiscal quarter
REAX Revenue Analysis (2018–2025)
Current Revenue & Growth
As of June 21, 2026, The Real Brokerage Inc. (REAX) generated trailing twelve-month (TTM) revenue of $2.08 billion, reflecting explosive growth of +31.5% year-over-year. The most recent quarter (Q1 2026) recorded $465.6 million in revenue, down 7.8% sequentially.
Historical Growth Trajectory
REAX's 5-year compound annual growth rate (CAGR) stands at +160.0%, indicating outstanding long-term growth trajectory. The 3-year CAGR of +72.8% is below the 5-year average, signalling a growth deceleration in recent years. The Real Brokerage Inc.'s highest annual revenue of $1.97 billion was recorded in 2025, an all-time high.
Peer Comparison
Compared to Real Estate sector peers — including EXPI (+5.3% YoY), HOUS (+5.3% YoY), and RKT — REAX has outperformed the peer group in revenue growth. Compare REAX vs EXPI →
REAX Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| REAXCurrent | $2.1B | +31.5% | +160.0% | -0.4% | |
 EXPI | $4.8B | +5.3% | +21.6% | -0.4% | |
 HOUS | $5.7B | +5.3% | -0.6% | 1.1% | |
 RKT | $6.9B | - | - | 8.7% | |
 DOUG | $1.0B | -5.2% | +5.9% | -5.9% | |
 COMP | $7.0B | +40.1% | +13.3% | -0.4% |
REAX Historical Revenue Data (2018–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $1.97B | +55.7% | $163.8M | 8.3% | $-8,497,000 | -0.4% |
| 2024 | $1.26B | +83.5% | $114.7M | 9.1% | $-25,226,000 | -2.0% |
| 2023 | $689.2M | +80.5% | $62.9M | 9.1% | $-26,010,000 | -3.8% |
| 2022 | $381.8M | +213.7% | $31.9M | 8.4% | $-19,168,000 | -5.0% |
| 2021 | $121.7M | +634.8% | $11.1M | 9.1% | $-11,017,000 | -9.1% |
| 2020 | $16.6M | +5.1% | $2.2M | 13.0% | $-2,646,000 | -16.0% |
| 2019 | $15.8M | +86.5% | $2.0M | 12.5% | $-1,668,000 | -10.6% |
| 2018 | $8.4M | - | $1.3M | 15.5% | $-113,690 | -1.3% |
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
Historical Returns
8+ years return with dividends reinvested.
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Peer Comparison
Compare growth, multiples, and margins vs sector.
REAX — Frequently Asked Questions
Quick answers to the most common questions about buying REAX stock.
Is REAX's revenue growth accelerating or slowing?
REAX revenue growth is accelerating. TTM revenue reached $2.1B, up +31.5% year-over-year — ahead of the 5-year CAGR of +160.0%. This indicates the business is expanding faster than its historical baseline.
What is REAX's revenue history from 2018 to 2026?
The Real Brokerage Inc. (REAX) revenue history spans 2018 to 2026. TTM revenue as of 2026 is $2.1B, growing at +31.5% YoY. The 5-year CAGR is +160.0%. Complete annual and quarterly revenue figures are available on this page, including gross profit, operating income, and margin trends.
What is REAX's long-term revenue growth rate (CAGR)?
The Real Brokerage Inc.'s 5-year revenue CAGR of +160.0% reflects the sustained nature of its business expansion. As of 2026, the current YoY growth rate of +31.5% is above this long-term average. CAGR is the most reliable measure of sustained revenue momentum for REAX.
Why does REAX's quarterly revenue fluctuate?
REAX quarterly revenue can fluctuate significantly between periods. A quarter-over-quarter (QoQ) change does not always indicate a trend; comparing the same quarter year-over-year (YoY) is a more reliable signal for underlying growth. The Real Brokerage Inc.'s revenue data from 2018 to 2026 shows full historical quarterly detail on this page.
How is REAX's revenue distributed by segment?
REAX reports revenue broken down by product line and geographic region. The segment breakdown on this page shows which business units contribute the most to total revenue as of the latest fiscal year. Concentration in a single segment above 50% indicates category dependence, while a diversified mix signals more resilient revenue streams.
How does REAX's revenue compare to industry peers?
The Real Brokerage Inc. (REAX) with TTM revenue of $2.1B and +31.5% YoY growth can be benchmarked against sector peers using the comparison table on this page. Revenue growth relative to peers indicates market share gains or losses. The peer section shows TTM revenue, YoY growth, and operating margin for direct comparisons.