---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-056017"
form_type: "8-K"
ticker: "RMAX"
cik: "0001581091"
company_name: "RE/MAX Holdings, Inc."
filed_at: "2023-05-04T23:59:59+00:00"
generated_at: "2026-06-15T21:57:47.000228+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# RE/MAX Q1 revenue $85.4M (-6.2% YoY), net loss $0.7M, Adjusted EBITDA $19.9M (-28.6%)

## Summary
- Total revenue $85.4M, down 6.2% YoY; revenue ex-Marketing Funds $64.1M, down 6.0%.
- GAAP net loss $0.7M ($0.04 loss per diluted share); Adjusted EPS $0.26 vs $0.51 prior year.
- US/Canada agent count fell 3.1% to 82,521; global total rose 0.8% to 143,523.
- Q2 2023 guidance: revenue $79-84M, Adj. EBITDA $24.5-27.5M; FY2023 revenue $315-335M, Adj. EBITDA $95-105M.
- Board declared $0.23 quarterly dividend payable May 31; $62.5M remains under share repurchase program.

## SEC filing metadata
- accession: 0001104659-23-056017
- form_type: 8-K
- ticker: RMAX
- cik: 0001581091
- company_name: RE/MAX Holdings, Inc.
- filed_at: 2023-05-04T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1581091/000110465923056017/0001104659-23-056017-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1581091/000110465923056017/tm2314652d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-056017
- JSON: https://secwatch.observer/filing/0001104659-23-056017.json
- Plain text: https://secwatch.observer/filing/0001104659-23-056017.txt

## Key facts
- Earnings Releases
  RE/MAX Holdings, Inc. reported First Quarter 2023 results: revenue Total Revenue of $85.4 Million, net income Net loss attributable to RE/MAX Holdings, Inc. of $0.7 million, EPS loss per diluted share (GAAP EPS) of $0.04.
  - Period: First Quarter 2023
  - Revenue: Total Revenue of $85.4 Million
  - Net income: Net loss attributable to RE/MAX Holdings, Inc. of $0.7 million
  - EPS: loss per diluted share (GAAP EPS) of $0.04
  - Result: reported results
  source text: RE/MAX HOLDINGS, INC. REPORTS FIRST QUARTER 2023 RESULTS Total Revenue of $85.4 Million, Adjusted EBITDA of $19.9 Million DENVER, May 4, 2023
  evidence_url: https://www.sec.gov/Archives/edgar/data/1581091/000110465923056017/0001104659-23-056017-index.htm

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