v3.26.1
Revenue Recognition (Tables)
 6 Months Ended
Jun. 30, 2026
Revenue from Contract with Customer [Abstract]  
Schedule of Disaggregation of Revenue The Company's revenue disaggregated by major revenue categories and by reportable segment is presented in the table below (in millions):
Three Months Ended June 30,
Brokerage
Franchise
Integrated Services
Total
20262025202620252026202520262025
Gross commission income (1)
$3,947 $2,008 $— $— $— $— $3,947 $2,008 
Service revenue (2)
— — — — 205 39 205 39 
Franchise fees (3)
— — 119 8 — — 119 8 
Other (4)
13 5 16 — 6 — 35 5 
Total revenue$3,960 $2,013 $135 $8 $211 $39 $4,306 $2,060 
Six Months Ended June 30,
Brokerage
Franchise
Integrated Services
Total
20262025202620252026202520262025
Gross commission income (1)
$6,400 $3,331 $— $— $— $— $6,400 $3,331 
Service revenue (2)
— — — — 348 61 348 61 
Franchise fees (3)
— — 193 13 — — 193 13 
Other (4)
27 10 32 1 10 — 69 11 
Total revenue$6,427 $3,341 $225 $14 $358 $61 $7,010 $3,416 
(1)Gross commission income within the Brokerage segment is recognized at a point in time upon the closing of a home sale transaction.
(2)Service revenue primarily consists of title and escrow fees earned by the Company's title and escrow businesses, which are recognized at a point in time upon the closing of a home sale transaction. Service revenue also includes relocation fees, which are recognized when the related performance obligation is satisfied depending on the type of service performed.
(3)Franchise fees earned by the Franchise segment primarily consist of domestic royalties, which are recognized at a point in time when the underlying franchisee revenue is earned upon the closing of a home sale transaction.
(4)Other revenue is comprised of brand marketing funds received from franchisees within the Franchise segment and other miscellaneous revenues across the Company's other business segments.