---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-058223"
form_type: "8-K"
ticker: "RMAX"
cik: "0001581091"
company_name: "RE/MAX Holdings, Inc."
filed_at: "2023-11-02T23:59:59+00:00"
generated_at: "2026-06-09T00:18:22.506863+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# RE/MAX Q3 revenue falls 8.7% to $81.2M, net loss of $59.5M; suspends dividend

## Summary
- GAAP loss per share $3.28 vs income $0.01 a year ago; adjusted EPS $0.40 vs $0.56.
- Adjusted EBITDA $26.7M, down 15.0% YoY; margin 32.9% vs 35.4%.
- Recorded $55M settlement for industry class-action lawsuits; dividend suspended.
- Total agent count up 0.7% to 145,309 but U.S./Canada down 3.9% to 81,782.
- Q4 revenue guidance $74-79M; FY 2023 revenue narrowed to $323-328M.

## SEC filing metadata
- accession: 0000950170-23-058223
- form_type: 8-K
- ticker: RMAX
- cik: 0001581091
- company_name: RE/MAX Holdings, Inc.
- filed_at: 2023-11-02T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1581091/000095017023058223/0000950170-23-058223-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1581091/000095017023058223/rmax-20231102.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-058223
- JSON: https://secwatch.observer/filing/0000950170-23-058223.json
- Plain text: https://secwatch.observer/filing/0000950170-23-058223.txt

## Key facts
- Earnings Releases
  RE/MAX Holdings, Inc. reported the quarter ended September 30, 2023 results: revenue $81.2 million, net income $59.5 million, EPS $3.28.
  - Period: the quarter ended September 30, 2023
  - Revenue: $81.2 million
  - Net income: $59.5 million
  - EPS: $3.28
  - Result: reported results
  source text: and for complying with its disclosure obligations under Regulation FD. --- EX-99.1 (EX-99.1) --- RE/MAX HOLDINGS, INC. REPORTS THIRD QUARTER 2023 RESULTS Total Revenue of $81.2 Million, Adjusted EBITDA of $26.7 Million DENVER, Nov. 2, 2023 /PRNewswire/ -- Third Quarter 2023 Highlights (Compared to third quarter 2022 unless otherwise noted) Total Revenue
  evidence_url: https://www.sec.gov/Archives/edgar/data/1581091/000095017023058223/0000950170-23-058223-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.