v3.26.1
Condensed Consolidated Statements of Income (Loss) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Revenue:        
Total revenue $ 68,510 $ 72,750 $ 138,738 $ 147,217
Operating expenses:        
Selling, operating and administrative expenses 32,882 33,888 76,862 76,916
Marketing Funds expenses 16,787 18,273 33,653 37,137
Depreciation and amortization 5,870 6,601 11,745 13,190
Merger transaction costs 11,455   14,286  
Settlement and impairment charges   (57) 8,500 562
Total operating expenses 66,994 58,705 145,046 127,805
Operating income (loss) 1,516 14,045 (6,308) 19,412
Other expenses, net:        
Interest expense (7,169) (7,982) (14,327) (15,906)
Interest income 802 841 1,676 1,749
Foreign currency transaction gains (losses) (356) (43) (340) 240
Total other expenses, net (6,723) (7,184) (12,991) (13,917)
Income (loss) before provision for income taxes (5,207) 6,861 (19,299) 5,495
Provision for income taxes (1,557) (163) (3,174) (2,033)
Net income (loss) (6,764) 6,698 (22,473) 3,462
Less: net income (loss) attributable to non-controlling interest (2,469) 2,013 (8,437) 735
Net income (loss) attributable to RE/MAX Holdings, Inc. $ (4,295) $ 4,685 $ (14,036) $ 2,727
Common Class A        
Net income (loss) attributable to RE/MAX Holdings, Inc. per share of Class A common stock        
Basic $ (0.2) $ 0.23 $ (0.67) $ 0.14
Diluted $ (0.2) $ 0.23 $ (0.67) $ 0.14
Weighted average shares of Class A common stock outstanding        
Basic 21,284,638 19,967,508 20,888,134 19,629,859
Diluted 21,284,638 20,174,365 20,888,134 20,052,596
Continuing franchise fees        
Revenue:        
Total revenue $ 25,693 $ 28,992 $ 51,484 $ 58,343
Annual dues        
Revenue:        
Total revenue 7,360 7,693 14,918 15,482
Broker fees        
Revenue:        
Total revenue 14,118 13,454 26,729 24,885
Marketing Funds fees        
Revenue:        
Total revenue 16,787 18,273 33,653 37,137
Franchise sales and other revenue        
Revenue:        
Total revenue $ 4,552 $ 4,338 $ 11,954 $ 11,370