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IAMI, Oct. 30, 2025 – Real Brokerage Inc. (NASDAQ: REAX) reported third‑quarter results for the period ended Sept. 30, 2025. Revenue rose 53 % to $568.5 million, and Adjusted EBITDA climbed 54 % to $20.4 million. Closed transactions increased 49 % year‑over‑year, and the agent network grew to over 30,000, adding 2,100 agents in Q3 and achieving record‑low churn.

    CEO Tamir Poleg said, “Real continues to outperform the broader housing market, and our expanding ecosystem of agents and ancillary services strengthens our competitive position.” COO Jenna Rozenblat added, “Our agent base growth and low churn demonstrate the durability of our model, and we remain focused on deepening engagement and streamlining the client experience.”

    CFO Ravi Jani noted, “Revenue grew 53 % to $568.5 million, and Adjusted EBITDA rose 54 % to $20.4 million. We closed the quarter with $56 million in unrestricted cash and short‑term investments, after allocating $15.5 million to share repurchases. This liquidity supports platform investment, ancillary expansion, and shareholder returns.”

    Key financial metrics: gross profit $44.9 million (↑40 %); net loss attributable to owners $0.4 million (improved from $2.6 million); operating expenses $45.3 million (↑31 %); revenue‑share expense $15.7 million (↑35 %); adjusted operating expenses $21.7 million (↑29 %); adjusted operating expense per transaction $405 (↓13 %); loss per share $0.002 (vs. $0.01). Cash from operations was $8.8 million, and 3.2 million shares were repurchased for $15.5 million. The company remains debt‑free.

    Real Brokerage is positioned to finish 2025 strong and build momentum for 2026.