earnings
confidence high
sentiment neutral
materiality 0.70
RE/MAX Q4 revenue $71.1M (-1.8%), net income $1.4M, adj. EBITDA $22.4M, agent count up 1.4%
RE/MAX Holdings, Inc.
- Total revenue $71.1M, down 1.8% YoY; net income $1.4M ($0.07 diluted EPS) vs $5.8M ($0.29) prior year.
- Adjusted EBITDA $22.4M (margin 31.5%), decreased 4.0% YoY; adjusted EPS $0.30, flat YoY.
- Global agent count increased 1.4% to 148,660; US/Canada combined declined 4.6% to 72,977.
- Q1 2026 guidance: revenue $69-74M, adj. EBITDA $14-17M; FY2026 revenue $285-305M, adj. EBITDA $90-100M.
- Cash $118.7M, debt $436.8M; $62.5M remaining under share repurchase program.
item 2.02item 9.01