v3.25.2
Condensed Consolidated Statements of Income (Loss) - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Revenue:        
Total revenue $ 72,750 $ 78,453 $ 147,217 $ 156,740
Operating expenses:        
Selling, operating and administrative expenses 33,888 34,851 76,916 80,556
Marketing Funds expenses 18,273 20,027 37,137 40,233
Depreciation and amortization 6,601 7,400 13,190 15,252
Settlement and impairment charges (57)   562  
Total operating expenses 58,705 62,278 127,805 136,041
Operating income (loss) 14,045 16,175 19,412 20,699
Other expenses, net:        
Interest expense (7,982) (9,191) (15,906) (18,447)
Interest income 841 949 1,749 1,950
Foreign currency transaction gains (losses) (43) (270) 240 (642)
Total other expenses, net (7,184) (8,512) (13,917) (17,139)
Income (loss) before provision for income taxes 6,861 7,663 5,495 3,560
Provision for income taxes (163) (1,473) (2,033) (2,977)
Net income (loss) 6,698 6,190 3,462 583
Less: net income (loss) attributable to non-controlling interest 2,013 2,485 735 231
Net income (loss) attributable to RE/MAX Holdings, Inc. $ 4,685 $ 3,705 $ 2,727 $ 352
Common Class A        
Net income (loss) attributable to RE/MAX Holdings, Inc. per share of Class A common stock        
Basic $ 0.23 $ 0.2 $ 0.14 $ 0.02
Diluted $ 0.23 $ 0.19 $ 0.14 $ 0.02
Weighted average shares of Class A common stock outstanding        
Basic 19,967,508 18,853,929 19,629,859 18,667,889
Diluted 20,174,365 19,003,962 20,052,596 18,853,020
Continuing franchise fees        
Revenue:        
Total revenue $ 28,992 $ 30,340 $ 58,343 $ 61,425
Annual dues        
Revenue:        
Total revenue 7,693 8,151 15,482 16,376
Broker fees        
Revenue:        
Total revenue 13,454 14,528 24,885 25,244
Marketing Funds fees        
Revenue:        
Total revenue 18,273 20,027 37,137 40,233
Franchise sales and other revenue        
Revenue:        
Total revenue $ 4,338 $ 5,407 $ 11,370 $ 13,462