v3.26.1
OPERATING SEGMENTS DISCLOSURES (Tables)
6 Months Ended
Jun. 30, 2026
Segment Reporting [Abstract]  
SCHEDULE OF OPERATING SEGMENT

  

  

North
American

Brokerage

   One Real
Title
   One Real
Mortgage
   Other
Segments
   Total 
   For the Three Months Ended June 30, 2026 
  

North
American

Brokerage

   One Real
Title
   One Real
Mortgage
   Other
Segments
   Total 
Revenues  $696,364   $1,743   $1,876   $592   $700,575 
Cost of sales   640,858    255    1,118    88    642,319 
Gross Profit  $55,506   $1,488   $758   $504   $58,256 
                          
Segment Operating Expenses(1)(2)   50,756    2,045    384    519    53,704 
Segment Operating Income (Loss)  $4,750   $(557)  $374   $(15)  $4,552 
                          
Reconciliation of profit or (loss) (segment profit/(loss))                         
Acquisition costs                       11,582 
Operating Loss                       (7,030)
Other income, net                       192 
Finance expense, net                       (631)
Loss Before Tax                      $(7,469)

 

1Segment Operating expenses consist of General and administrative expenses, Marketing expenses, and Research and development expenses.

 

2Segment Operating expenses also include Revenue share expense of approximately $22,210 thousand for the three months ended June 30, 2026, which was recorded in the North American Brokerage segment.

 

 

THE REAL BROKERAGE INC.

NOTES TO THE INTERIM CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

FOR THE PERIOD ENDED June 30, 2026 AND 2025

UNAUDITED

 

  

North
American

Brokerage

   One Real
Title
   One Real
Mortgage
   Other
Segments
   Total 
   For the Six Months Ended June 30, 2026 
  

North
American

Brokerage

   One Real
Title
   One Real
Mortgage
   Other
Segments
   Total 
Revenues  $1,158,926   $3,002   $3,170   $1,028   $1,166,126 
Cost of sales   1,063,153    437    1,924    201    1,065,715 
Gross Profit  $95,773   $2,565   $1,246   $827   $100,411 
                          
Segment Operating Expenses(1)(2)   92,624    3,900    1,332    1,131    98,987 
Segment Operating Income (Loss)  $3,149   $(1,335)  $(86)  $(304)  $1,424 
                          
Reconciliation of profit or (loss) (segment profit/(loss))                         
Acquisition costs                       11,894 
Operating Loss                       (10,470)
Other income, net                       304 
Finance expense, net                       (717)
Loss Before Tax                      $(10,883)

 

1Segment Operating expenses consist of General and administrative expenses, Marketing expenses, and Research and development expenses.

 

2Segment Operating expenses also include Revenue share expense of approximately $37,898 thousand for the six months ended June 30, 2026, which was recorded in the North American Brokerage segment.

 

  

North
American

Brokerage

   One Real
Title
   One Real
Mortgage
   Other
Segments
   Total 
   For the Three Months Ended June 30, 2025 
  

North
American

Brokerage

   One Real
Title
   One Real
Mortgage
   Other
Segments
   Total 
Revenues  $537,445   $1,346   $1,709   $247   $540,747 
Cost of sales   491,737    216    900    33    492,886 
Gross Profit  $45,708   $1,130   $809   $214   $47,861 
                          
Segment Operating Expenses(1)(2)   42,222    2,123    1,492    340    46,177 
Segment Operating Income (Loss)  $3,486   $(993)  $(683)  $(126)  $1,684 
                          
Reconciliation of profit or loss (segment profit/loss)                         
Other income, net                       166 
Finance expenses, net                       (300)
Income Before Tax                      $1,550 

 

1Segment Operating expenses consist of General and administrative expenses, Marketing expenses, and Research and development expenses.

 

2Segment Operating expenses also include Revenue share expense of approximately $17,644 thousand for the three months ended June 30, 2025, which was recorded in the North American Brokerage segment.

 

 

THE REAL BROKERAGE INC.

NOTES TO THE INTERIM CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

FOR THE PERIOD ENDED June 30, 2026 AND 2025

UNAUDITED

 

  

North
American

Brokerage

   One Real
Title
   One Real
Mortgage
   Other
Segments
   Total 
   For the Six Months Ended June 30, 2025 
  

North
American

Brokerage

   One Real
Title
   One Real
Mortgage
   Other
Segments
   Total 
Revenues  $889,194   $2,376   $2,785   $373   $894,728 
Cost of sales   810,986    383    1,477    85    812,931 
Gross Profit  $78,208   $1,993   $1,308   $288   $81,797 
                          
Segment Operating Expenses(1)(2)   77,623    4,411    2,792    496    85,322 
Segment Operating Income (Loss)  $585   $(2,418)  $(1,484)  $(208)  $(3,525)
                          
Reconciliation of profit or loss (segment profit/loss)                         
Other income, net                       288 
Finance expenses, net                       (334)
Loss Before Tax                      $(3,571)

 

1Segment Operating expenses consist of General and administrative expenses, Marketing expenses, and Research and development expenses.

 

2Segment Operating expenses also include Revenue share expense of approximately $30,148 thousand for the six months ended June 30, 2025, which was recorded in the North American Brokerage segment.
SCHEDULE OF DEPRECIATION AND AMORTIZATION

 

   2026   2025   2026   2025 
   Three Months Ended June 30,   Six Months Ended June 30, 
   2026   2025   2026   2025 
North American Brokerage  $358   $204   $739   $388 
One Real Title   168    168    336    336 
One Real Mortgage   27    26    53    53 
Total  $553   $398   $1,128   $777 
SCHEDULE OF REVENUE GEOGRAPHY

The amount of revenue from external customers, by geography, is shown in the table below (in thousands):

  

   2026   2025   2026   2025 
   Three Months Ended June 30,   Six Months Ended June 30, 
   2026   2025   2026   2025 
United States  $638,273   $480,678   $1,066,415   $801,170 
Canada   62,302    60,069    99,711    93,558 
Total revenue by region  $700,575   $540,747   $1,166,126   $894,728