Real REMAX Group REAX

Real REMAX Group reports financial results

Item 2.02 Reports results

Form
8-K
Filed
Importance
Major
  1. Exhibit 99.1 contains the press release

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The reading, claim by claim

  1. The press release, furnished as Exhibit 99.1, outlines key financial and operational highlights.
  2. Revenue increased 28% year-over-year to $727.9 million in the third quarter of 2026, compared to $568.5 million in the third quarter of 2025.
  3. Adjusted EBITDA increased 66% to $33.8 million in the third quarter of 2026, compared to $20.4 million in the prior year period.
  4. GAAP Net Loss was $67.2 million, or $2.25 per diluted share, in the third quarter of 2026.
  5. The company reported a GAAP Operating Loss of $72.0 million in the third quarter of 2026, compared to $0.5 million in the prior year period.
  6. The company also noted a decline in REMAX U.S. and Canada agent count to 72,118 agents at the end of the third quarter of 2026.
  7. Real REMAX Group Inc. provided a 2027 Adjusted EBITDA outlook of $175-190 million.
  8. The company also reported a decrease in the number of Real agents, from 36,610 at the end of the third quarter of 2026 to approximately 36,200 agents as of November 3, 2026.
  9. This decline included more than 500 agents proactively offboarded by the Company.
  10. The company's press release also highlighted $40 million in annualized cost savings within two months of the acquisition closing.

10 of 10 claims matched the filing text.

From the filing

Item 2.02. Results of Operations and Financial Conditions. *

Item 2.02. Results of Operations and Financial Conditions. *

On November 5, 2026, Real REMAX Group Inc. issued a press release announcing its financial results for the three and nine months ended September 30, 2026. The full text of the press release is furnished herewith as Exhibit 99.1 and is incorporated herein by reference.1

Item 9.01. Financial Statements and Exhibits. *

Item 9.01. Financial Statements and Exhibits. *

Exhibit No.

Description

99.1

Press Release issued on November 5, 2026 by Real REMAX Group Inc.

104

Cover Page Interactive Data File (formatted as inline XBRL).

* The information contained in Items 2.02 and 9.01 and Exhibit 99.1 of this Current Report on Form 8-K is being "furnished" and shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference into any registration statement or other filings of Real REMAX Group Inc. under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be set forth by specific reference in such filing.

2

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Real REMAX Group Inc.

Date: November 5, 2026

By:

/s/ Ravi Jani

Name: Ravi Jani

Title: Chief Financial Officer

3

Real REMAX Group Announces Third Quarter 2026 Results

Actioned Over $40 Million in Annualized Cost Savings Within Two Months of Closing10

Revenue +28% YoY to $728 Million; GAAP Net Loss $67 Million; Adjusted EBITDA +66% YoY to $34 Million Provides 2027 Adjusted EBITDA Outlook of $175-190 Million7

MIAMI, November 5, 2026 – Real REMAX Group Inc. (NASDAQ: REAX) (the "Company"), a leading technology-enabled global real estate platform spanning brokerage, franchising, and ancillary real estate services, today announced financial results for the third quarter ended September 30, 2026.

The quarter marked the Company's first reporting period following the completion of The Real Brokerage Inc.'s ("Real") acquisition of RE/MAX Holdings, Inc. ("REMAX") on August 24, 2026. Reported results include REMAX operations beginning August 25, 2026, while prior-year results reflect the historical operations of Real.

"The first two months since bringing together Real and REMAX have reinforced our belief in the tremendous opportunity ahead," said Tamir Poleg, Chairman and Chief Executive Officer. "We've moved quickly to simplify the organization, improve operating efficiency and lay the foundation for a stronger, more competitive platform. While the housing market remains challenging, we are focused on what we can control: providing an unmatched value proposition, executing our integration, and delivering sustainable market share growth and margin expansion. We believe the combination of Real's technology, collaborative culture and flexible brokerage model with REMAX's global brand and strong franchise network positions us to create significant long-term value for our agents, franchisees and shareholders."

"Our integration efforts have focused on taking decisive action and establishing clear accountability across the organization," said Jenna Rozenblat, President and Chief Integration Officer. "In just two months, we've actioned more than $40 million in annualized gross cost savings, exceeding our initial expectations. With the first phase of organizational restructuring largely complete, we're now focused on technology integration, systems consolidation and initiatives to strengthen the economics and competitiveness of the REMAX franchise network. We see meaningful opportunities to build on this early progress over the coming quarters."

"Our first combined quarter reflects continued growth in our owned brokerage business and the initial earnings contribution from REMAX, alongside significant acquisition-related expenses," said Ravi Jani, Chief Financial Officer. "Our 2027 outlook reflects the earnings potential of the combined company, even against a challenging housing market backdrop. With our new capital structure in place, we are prioritizing cash generation, disciplined capital allocation and deleveraging."

Third Quarter 2026 Highlights

◾ Revenue increased 28% year-over year to $727.9 million in the third quarter of 2026, compared to $568.5 million in the third quarter of 2025.2 On a pro forma 1 basis, assuming the acquisition had occurred on January 1, 2025, combined revenue increased by 20% year-over-year to $770.0 million, compared to $641.8 million in the prior year period.

◾ GAAP Operating Loss was $72.0 million in the third quarter of 2026, compared to $0.5 million in the prior year period.5 GAAP Operating Loss reflects $52.3 million of acquisition-related expenses and $26.4 million

Real REMAX Group Inc. – Third Quarter 2026 of accelerated stock-based compensation expense related to employee terminations resulting from the acquisition.

◾ GAAP Net Loss was $67.2 million, or $2.25 per diluted share, in the third quarter of 20264, compared to a net loss of $0.3 million, or $0.02 per diluted share, in the third quarter of 2025.

◾ Adjusted EBITDA 2 increased 66% to $33.8 million in the third quarter of 2026, compared to $20.4 million in the prior year period.3 Adjusted EBITDA margin 2 increased to 4.6% in the third quarter of 2026 from 3.6% in the prior year period.

Third Quarter 2026 Business and Operational Highlights

Brokerage

◾ Total number of Real agents increased to 36,610 at the end of the third quarter 2026, an increase of 21% from the prior year.

◾ Total number of Real transaction sides closed was 62,738 in the third quarter of 2026, an increase of 17% from the prior year.

◾ Following quarter-end, Real experienced increased agent attrition amid continued weakness in the residential real estate market.8 8As of November 3, 2026, Real had approximately 36,200 agents on its platform, compared to 36,610 at September 30, 2026.8 October departures included more than 500 agents proactively offboarded by the Company due to unpaid dues or expired real estate licenses.9

Franchise

◾ REMAX U.S. and Canada combined agent count declined to 72,118 agents at the end of the third quarter of 20266, a decrease of

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