RE/MAX Q2 2025 revenue falls 7.3% to $72.8M; net income rises to $4.7M; total agents at record 147,073

RE/MAX Holdings, Inc.

GAAP diluted EPS $0.23 vs $0.19; adjusted diluted EPS $0.39 vs $0.41; net income $4.7M.
Revenue ex-Marketing Funds $54.5M, organic decline 5.7%; US+Canada agents down 5.0% to 74,635.
Total agent count up 2.5% to 147,073; Motto franchises down 9.1% to 219.
Full-year 2025 revenue guidance narrowed to $290-296M (from $290-310M); Adj EBITDA guidance narrowed to $90-95M.
Adjusted EBITDA margin improved to 36.1% from 35.8%; share buyback authorization has $62.5M remaining.

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