---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-25-015665"
form_type: "8-K"
ticker: "RMAX"
cik: "0001581091"
company_name: "RE/MAX Holdings, Inc."
filed_at: "2025-02-20T23:59:59+00:00"
generated_at: "2026-05-26T08:50:37.663176+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# RE/MAX Q4 revenue $72.5M (-5.4% YoY); US/Canada agent count down 4.8%

## Summary
- Net income of $5.8M, diluted EPS $0.29 (vs loss per share of $0.60 a year ago). Adjusted EPS $0.30.
- Adjusted EBITDA $23.3M (+1.6% YoY); margin 32.2% vs 30.0% prior year.
- Total agent count +1.2% to 146,627, but US/Canada combined fell 4.8% to 76,457.
- Q1 2025 outlook: revenue $71M-$76M; Adjusted EBITDA $16M-$18.5M, below current consensus.
- Full-year 2025 guidance: revenue $290M-$310M; Adjusted EBITDA $90M-$100M.

## SEC filing metadata
- accession: 0001104659-25-015665
- form_type: 8-K
- ticker: RMAX
- cik: 0001581091
- company_name: RE/MAX Holdings, Inc.
- filed_at: 2025-02-20T23:59:59+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/1581091/000110465925015665/0001104659-25-015665-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1581091/000110465925015665/tm257135d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-25-015665
- JSON: https://secwatch.observer/filing/0001104659-25-015665.json
- Plain text: https://secwatch.observer/filing/0001104659-25-015665.txt

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