RE/MAX

Q2 FY2026 EarningsQ2 FY2026 results missed consensus on both top and bottom lines as the company prepares for its pending merger with The Real Brokerage Inc. Revenue of $68.5M fell 6.8% short of the $73.5M consensus, driven by a 5.0% decline in U.S. agent count and fee model modifications. Normalized EPS of $0.32 missed the $0.39 mean estimate, primarily due to organic revenue contraction and elevated merger-related transaction costs of $11.5M. Consequently, management has suspended all future guidance and earnings calls pending the transaction close.