v3.26.3
Condensed Consolidated Statements of Stockholders' Equity - USD ($)
shares in Thousands, $ in Thousands
Total Real REMAX Group Inc stockholders' equity
Common Stock
Additional paid-in capital
Accumulated deficit
Accumulated other comprehensive income (deficit), net of tax
Treasury Stock
Non-controlling interest
Total
Beginning balance at Dec. 31, 2024 $ 32,146 $ 20 $ 138,619 $ (104,746) $ 708 $ (2,455) $ (3) $ 32,143
Beginning balance (in shares) at Dec. 31, 2024               20,294
Net income (loss) (4,967)     (4,967)     (154) $ (5,121)
Total other comprehensive income (loss) (109)       (109)     (109)
Contributions (distributions) to non-controlling interests             (76) (76)
Repurchase of common stock (6,122)         (6,122)   $ (6,122)
Release of treasury stock for RSU plan     (7,986)     7,986    
Release of treasury stock for RSU plan (in shares)               32
Exercise of stock options 310   310         $ 310
Exercise of stock options (in shares)               59
Issuance of common stock upon settlement of RSUs, net of taxes withheld (1,213) 1 (1,214)         $ (1,213)
Issuance of common stock upon settlement of RSUs, net of taxes withheld (in shares)               144
Stock-based compensation 12,707   12,707         $ 12,707
Ending balance at Mar. 31, 2025 32,752 21 142,436 (109,713) 599 (591) (233) $ 32,519
Ending balance (in shares) at Mar. 31, 2025               20,529
Beginning balance at Dec. 31, 2024 32,146 20 138,619 (104,746) 708 (2,455) (3) $ 32,143
Beginning balance (in shares) at Dec. 31, 2024               20,294
Net income (loss)               $ (3,851)
Exercise of stock options (in shares)               361
Ending balance at Sep. 30, 2025 53,640 21 161,875 (108,648) 392   (47) $ 53,593
Ending balance (in shares) at Sep. 30, 2025               21,091
Beginning balance at Dec. 31, 2024 32,146 20 138,619 (104,746) 708 (2,455) (3) $ 32,143
Beginning balance (in shares) at Dec. 31, 2024               20,294
Repurchase of common stock (in shares)               (899)
Retirement of Treasury stock (in shares)               (757)
Release of treasury stock for RSU plan (in shares)               186
Ending balance at Dec. 31, 2025 51,675 21 164,187 (112,851) 318   (90) $ 51,585
Ending balance (in shares) at Dec. 31, 2025               21,048
Beginning balance at Mar. 31, 2025 32,752 21 142,436 (109,713) 599 (591) (233) $ 32,519
Beginning balance (in shares) at Mar. 31, 2025               20,529
Net income (loss) 1,512     1,512     38 $ 1,550
Total other comprehensive income (loss) (17)       (17)     (17)
Contributions (distributions) to non-controlling interests             (23) (23)
Repurchase of common stock (2,708)         (2,708)   $ (2,708)
Retirement of Treasury stock (in shares)               (45)
Release of treasury stock for RSU plan     (1,278)     1,278    
Release of treasury stock for RSU plan (in shares)               29
Exercise of stock options 351   351         $ 351
Exercise of stock options (in shares)               75
Issuance of common stock upon settlement of RSUs, net of taxes withheld (498)   (498)         $ (498)
Issuance of common stock upon settlement of RSUs, net of taxes withheld (in shares)               273
Stock-based compensation 17,795   17,795         $ 17,795
Ending balance at Jun. 30, 2025 49,187 21 158,806 (108,201) 582 (2,021) (218) $ 48,969
Ending balance (in shares) at Jun. 30, 2025               20,861
Net income (loss) (447)     (447)     167 $ (280)
Total other comprehensive income (loss) (190)       (190)     (190)
Contributions (distributions) to non-controlling interests             4 4
Repurchase of common stock (15,469)         (15,469)   $ (15,469)
Retirement of treasury stock     (17,490)     17,490    
Retirement of Treasury stock (in shares)               (320)
Exercise of stock options 910   910         $ 910
Exercise of stock options (in shares)               238
Issuance of common stock upon settlement of RSUs, net of taxes withheld (263)   (263)         $ (263)
Issuance of common stock upon settlement of RSUs, net of taxes withheld (in shares)               312
Stock-based compensation 19,912   19,912         $ 19,912
Ending balance at Sep. 30, 2025 53,640 21 161,875 (108,648) 392   (47) $ 53,593
Ending balance (in shares) at Sep. 30, 2025               21,091
Beginning balance at Dec. 31, 2025 51,675 21 164,187 (112,851) 318   (90) $ 51,585
Beginning balance (in shares) at Dec. 31, 2025               21,048
Net income (loss) (3,421)     (3,421)     (37) $ (3,458)
Total other comprehensive income (loss) 383       383     383
Contributions (distributions) to non-controlling interests             16 16
Exercise of stock options 53   53         $ 53
Exercise of stock options (in shares)               16
Issuance of common stock upon settlement of RSUs, net of taxes withheld (in shares)               286
Stock-based compensation 17,001   17,001         $ 17,001
Ending balance at Mar. 31, 2026 65,691 21 181,241 (116,272) 701   (111) $ 65,580
Ending balance (in shares) at Mar. 31, 2026               21,350
Beginning balance at Dec. 31, 2025 51,675 21 164,187 (112,851) 318   (90) $ 51,585
Beginning balance (in shares) at Dec. 31, 2025               21,048
Net income (loss)               $ (78,637)
Repurchase of common stock (in shares)               (264)
Exercise of stock options (in shares)               19
Ending balance at Sep. 30, 2026 414,796 38 609,881 (191,602) 1,186 (4,707) (79) $ 414,717
Ending balance (in shares) at Sep. 30, 2026               37,711
Beginning balance at Mar. 31, 2026 65,691 21 181,241 (116,272) 701   (111) $ 65,580
Beginning balance (in shares) at Mar. 31, 2026               21,350
Net income (loss) (8,023)     (8,023)     67 $ (7,956)
Total other comprehensive income (loss) (346)       (346)     (346)
Contributions (distributions) to non-controlling interests             (45) (45)
Exercise of stock options 39   39         $ 39
Exercise of stock options (in shares)               3
Issuance of common stock upon settlement of RSUs, net of taxes withheld (484) 1 (485)         $ (484)
Issuance of common stock upon settlement of RSUs, net of taxes withheld (in shares)               441
Stock-based compensation 21,804   21,804         $ 21,804
Ending balance at Jun. 30, 2026 78,681 22 202,599 (124,295) 355   (89) $ 78,592
Ending balance (in shares) at Jun. 30, 2026               21,794
Net income (loss) (67,307)     (67,307)     84 $ (67,223)
Total other comprehensive income (loss) 831       831     831
Contributions (distributions) to non-controlling interests             (74) (74)
Repurchase of common stock (4,707)         (4,707)   (4,707)
REMAX Acquisition consideration and replacement awards [1] 373,907 15 373,892         $ 373,907
REMAX Acquisition consideration and replacement awards (in shares) [1]               14,464
Exercise of stock options 11   11         $ 11
Exercise of stock options (in shares)               1
Issuance of common stock upon settlement of RSUs, net of taxes withheld (16,706) 1 (16,707)         $ (16,706)
Issuance of common stock upon settlement of RSUs, net of taxes withheld (in shares)               1,452
Stock-based compensation 50,086   50,086         $ 50,086
Ending balance at Sep. 30, 2026 $ 414,796 $ 38 $ 609,881 $ (191,602) $ 1,186 $ (4,707) $ (79) $ 414,717
Ending balance (in shares) at Sep. 30, 2026               37,711
[1] Represents activity in connection with the Transaction, consisting of (i) a $347.1 million increase to Common Stock and Additional paid-in capital representing the fair value of 14.5 million shares of common stock issued as consideration and (ii) a $26.8 million increase to Common Stock and Additional paid-in capital representing the fair value of replacement employee equity awards attributable to pre-combination services. See Note 5 — "Acquisitions" for further information.