REAX (The Real Brokerage) Pre-Tax Income: $-16 Mil (TTM As of Jun. 2026)

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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

REAX The Real Brokerage Inc REAX
62 GF Score
Price $2.42
GF Value $6.26
Valuation Significantly Undervalued
! 4 Warning Signs
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What is The Real Brokerage Pre-Tax Income?

The Real Brokerage REAX +1.04% 62 Pre-Tax Income is $-16 Mil as of Jun. 2026. GuruFocus rates REAX with a GF Score™ of 62/100 and a GF Value™ of $6.26 (Significantly Undervalued). The stock has 4 warning signs investors should review.

Pretax income is the income that a company earns before paying income taxes. The Real Brokerage's pretax income for the three months ended in Jun. 2026 was $-7 Mil. Its pretax income for the trailing twelve months (TTM) ended in Jun. 2026 was $-16 Mil. The Real Brokerage's pretax margin was -1.07%.

During the past 7 years, The Real Brokerage's highest Pretax Margin was -0.45%. The lowest was -21.87%. And the median was -5.33%.


The Real Brokerage  (NAS:REAX) Pre-Tax Income Explanation

The Real Brokerage's Pretax Margin for the quarter that ended in Jun. 2026 is calculated as

Pretax Margin=Pretax Income/Revenue
=-7.469/700.575
=-1.07%

During the past 7 years, The Real Brokerage's highest Pretax Margin was -0.45%. The lowest was -21.87%. And the median was -5.33%.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


The Real Brokerage Pre-Tax Income Related Terms


The Real Brokerage Pre-Tax Income Historical Data

* Premium members only.

The historical data trend for The Real Brokerage's Pre-Tax Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

The Real Brokerage Pre-Tax Income Chart

The Real Brokerage Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Pre-Tax Income
Get a 7-Day Free Trial -11.68 -20.34 -27.22 -26.45 -8.81

The Real Brokerage Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Pre-Tax Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.55 -0.19 -5.04 -3.41 -7.47

REAX vs TCI, RMR, MLP: Pre-Tax Income Comparison

For the Real Estate Services subindustry, The Real Brokerage's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


The Real Brokerage Pre-Tax Income vs Real Estate Industry

For the Real Estate industry and Real Estate sector, The Real Brokerage's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where The Real Brokerage's Pre-Tax Income falls into.


REAX
62GF Score
The Real Brokerage Inc REAX
Pre-Tax Income is just one metric. See GF Score™, valuation, warning signs, and more.
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The Real Brokerage Pre-Tax Income Calculation

This is the income that a company earns before paying income taxes.

The Real Brokerage's Pretax Income for the fiscal year that ended in Dec. 2025 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=-8.497+0.245+-0.554+0+1.7763568394003E-15
=-9

The Real Brokerage's Pretax Income for the quarter that ended in Jun. 2026 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=4.552+-11.39+-0.631+0+8.8817841970013E-16
=-7

Pre-Tax Income for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-16 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Pre-Tax Income →
What does a Pre-Tax Income of $-16 Mil mean?
The Real Brokerage (REAX) has a Pre-Tax Income of $-16 Mil as of Jun. 2026. Pre-Tax Income is the total earnings before taxes but after all operating and interest expenses. View historical data on The Real Brokerage and its competitors.
Is The Real Brokerage's Pre-Tax Income too high?
The Real Brokerage's current Pre-Tax Income is $-16 Mil. Overall, The Real Brokerage has a GF Score™ of 62/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does The Real Brokerage's Pre-Tax Income compare to TCI and RMR?
The Real Brokerage's Pre-Tax Income of $-16 Mil can be compared against companies in the Real Estate industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Pre-Tax Income for a Real Estate company?
A good Pre-Tax Income depends on the Real Estate industry context. However, Pre-Tax Income should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Pre-Tax Income mean?
A high Pre-Tax Income can signal that a stock is expensive relative to its fundamentals. Pre-Tax Income is the total earnings before taxes but after all operating and interest expenses. View historical data on The Real Brokerage and its competitors. The Real Brokerage's current Pre-Tax Income is $-16 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Real Brokerage stock overvalued right now?
Based on GuruFocus' analysis, The Real Brokerage (REAX) is currently considered Significantly Undervalued. The stock's GF Value™ is $6.26, compared to a current price of $2.42 — trading 61.3% below its estimated fair value. The current Pre-Tax Income is $-16 Mil. The Real Brokerage's overall GF Score™ is 62/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Pre-Tax Income calculated?
Pre-Tax Income is calculated from a company's financial statements. For The Real Brokerage (REAX), the current Pre-Tax Income is $-16 Mil as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is The Real Brokerage (REAX) Overvalued in 2026?

Based on GuruFocus' analysis, The Real Brokerage stock appears to be undervalued. The current stock price of $2.42 is trading 61.3% below its estimated GF Value™ of $6.26. GuruFocus considers The Real Brokerage to be Significantly Undervalued.

Key valuation signals for REAX:

  • Pre-Tax Income: $-16 Mil
  • GF Value™: $6.26 vs. price of $2.42 (61.3% below fair value)
  • GF Score™: 62/100 with 4 warning signs

No single metric tells the full story. See the REAX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


The Real Brokerage Business Description

Other Exchanges 87M:Germany
Address 701 Brickell Avenue, 17th Avenue, Miami, FL, USA, 33131
The Real Brokerage Inc is a technology-powered real estate brokerage firm located in the United States and Canada. It has developed a proprietary transaction management and brokerage operations software called reZEN, which powers nearly all of its brokerage operations, enabling efficiency, automation, and flexibility by incorporating end-to-end transaction management, automated compliance and brokerage oversight, integrated payments and financial services, Leo CoPilot, and open API for customization. In addition, the company also offers mortgage brokering and title services. The company's operating segments are North American Brokerage, which derives key revenue, One Real Title, One Real Mortgage, and Real Wallet. Geographically, it derives key revenue from the United States.
62GF Score

Get the complete analysis for REAX

Pre-Tax Income is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$2.42
Price
$6.26
GF Value