secwatch.observer — SEC 8-K summary
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Issuer:     RE/MAX Holdings, Inc. (RMAX)
CIK:        0001581091
Form:       8-K
Filed at:   2025-10-30T23:59:59+00:00
Accession:  0001104659-25-104414
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

RE/MAX Q3 revenue down 6.7% to $73.3M; adjusted EBITDA $25.8M, US agent count down 5.1%
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- Net income $4.0M ($0.19 diluted EPS) vs $1.0M ($0.05) YoY; adjusted EPS $0.37 vs $0.38.
- Total revenue $73.3M, down 6.7%; revenue excl Marketing Funds $55.1M, down 5.6%.
- Total agent count +1.4% to 147,547; US/Canada -5.1% to 74,198; international +9%.
- Q4 guidance: revenue $69.5-73.5M, adj. EBITDA $19-23M; FY2025 narrowed to $290-294M rev., $90-94M adj. EBITDA.
- Cash $107.5M, net debt $437.9M; $62.5M remaining under share buyback program.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1581091/000110465925104414/0001104659-25-104414-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1581091/000110465925104414/tm2529824d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-25-104414

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer