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Side-by-side financial comparison of reAlpha Tech Corp. (AIRE) and Claros Mortgage Trust, Inc. (CMTG). Click either name above to swap in a different company.

Claros Mortgage Trust, Inc. is the larger business by last-quarter revenue ($46.7M vs $895.3K, roughly 52.2× reAlpha Tech Corp.). Claros Mortgage Trust, Inc. runs the higher net margin — -468.9% vs -541.6%, a 72.7% gap on every dollar of revenue. On growth, reAlpha Tech Corp. posted the faster year-over-year revenue change (70.1% vs -22.4%). Over the past eight quarters, reAlpha Tech Corp.'s revenue compounded faster (562.1% CAGR vs -10.9%).

reAlpha Tech Corp is a proptech firm that leverages artificial intelligence to identify, acquire, and operate high-yield short-term residential rental properties primarily across the United States. It provides tech-powered property management solutions to enhance guest experiences and maximize returns for individual and institutional real estate investors.

Claros Mortgage Trust, Inc. is a U.S.-based real estate investment trust that invests in diversified mortgage-related assets, including residential and commercial mortgage loans and mortgage-backed securities. It pursues stable, risk-adjusted long-term returns for shareholders via rigorous asset evaluation and active portfolio management.

AIRE vs CMTG — Head-to-Head

Bigger by revenue
CMTG
CMTG
52.2× larger
CMTG
$46.7M
$895.3K
AIRE
Growing faster (revenue YoY)
AIRE
AIRE
+92.5% gap
AIRE
70.1%
-22.4%
CMTG
Higher net margin
CMTG
CMTG
72.7% more per $
CMTG
-468.9%
-541.6%
AIRE
Faster 2-yr revenue CAGR
AIRE
AIRE
Annualised
AIRE
562.1%
-10.9%
CMTG

Income Statement — Q4 2025 vs Q4 2025

Metric
AIRE
AIRE
CMTG
CMTG
Revenue
$895.3K
$46.7M
Net Profit
$-4.8M
$-219.2M
Gross Margin
62.7%
Operating Margin
-507.8%
Net Margin
-541.6%
-468.9%
Revenue YoY
70.1%
-22.4%
Net Profit YoY
76.9%
-117.7%
EPS (diluted)
$-0.02
$-1.56

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
AIRE
AIRE
CMTG
CMTG
Q4 25
$895.3K
$46.7M
Q3 25
$1.4M
$46.1M
Q2 25
$1.3M
$51.6M
Q1 25
$925.6K
$43.4M
Q4 24
$526.4K
$60.2M
Q3 24
$339.2K
$64.9M
Q2 24
$62.4K
$64.5M
Q1 24
$20.4K
$58.8M
Net Profit
AIRE
AIRE
CMTG
CMTG
Q4 25
$-4.8M
$-219.2M
Q3 25
$-5.8M
$-9.5M
Q2 25
$-4.1M
$-181.7M
Q1 25
$-2.8M
$-78.6M
Q4 24
$-21.0M
$-100.7M
Q3 24
$-2.1M
$-56.2M
Q2 24
$-1.5M
$-11.6M
Q1 24
$-1.4M
$-52.8M
Gross Margin
AIRE
AIRE
CMTG
CMTG
Q4 25
62.7%
Q3 25
51.9%
Q2 25
49.6%
Q1 25
56.0%
Q4 24
71.1%
Q3 24
66.6%
Q2 24
70.7%
Q1 24
10.7%
Operating Margin
AIRE
AIRE
CMTG
CMTG
Q4 25
-507.8%
Q3 25
-342.4%
Q2 25
-326.5%
Q1 25
-261.7%
Q4 24
-524.6%
Q3 24
-479.1%
Q2 24
-1939.6%
Q1 24
-6397.0%
Net Margin
AIRE
AIRE
CMTG
CMTG
Q4 25
-541.6%
-468.9%
Q3 25
-400.1%
-20.7%
Q2 25
-328.3%
-351.9%
Q1 25
-307.9%
-181.3%
Q4 24
-3994.4%
-167.2%
Q3 24
-618.6%
-86.7%
Q2 24
-2370.9%
-17.9%
Q1 24
-6946.9%
-89.7%
EPS (diluted)
AIRE
AIRE
CMTG
CMTG
Q4 25
$-0.02
$-1.56
Q3 25
$-0.07
$-0.07
Q2 25
$-0.08
$-1.30
Q1 25
$-0.06
$-0.56
Q4 24
$-0.47
$-0.72
Q3 24
$-0.05
$-0.40
Q2 24
$-0.03
$-0.09
Q1 24
$-0.03
$-0.39

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
AIRE
AIRE
CMTG
CMTG
Cash + ST InvestmentsLiquidity on hand
$7.8M
$173.2M
Total DebtLower is stronger
$3.2B
Stockholders' EquityBook value
$11.5M
$1.5B
Total Assets
$21.7M
$4.7B
Debt / EquityLower = less leverage
2.06×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AIRE
AIRE
CMTG
CMTG
Q4 25
$7.8M
$173.2M
Q3 25
$339.5M
Q2 25
$587.3K
$209.2M
Q1 25
$1.2M
$127.8M
Q4 24
$3.1M
$99.1M
Q3 24
$7.1M
$113.9M
Q2 24
$3.7M
$148.2M
Q1 24
$4.8M
$232.5M
Total Debt
AIRE
AIRE
CMTG
CMTG
Q4 25
$3.2B
Q3 25
$3.7B
Q2 25
$152.9K
$4.0B
Q1 25
$4.7B
Q4 24
$241.1K
$4.9B
Q3 24
$5.1B
Q2 24
$5.3B
Q1 24
$5.5B
Stockholders' Equity
AIRE
AIRE
CMTG
CMTG
Q4 25
$11.5M
$1.5B
Q3 25
$10.9M
$1.7B
Q2 25
$-1.1M
$1.8B
Q1 25
$-972.3K
$1.9B
Q4 24
$1.6M
$2.0B
Q3 24
$22.5M
$2.1B
Q2 24
$22.2M
$2.2B
Q1 24
$23.3M
$2.2B
Total Assets
AIRE
AIRE
CMTG
CMTG
Q4 25
$21.7M
$4.7B
Q3 25
$19.7M
$5.4B
Q2 25
$15.5M
$5.8B
Q1 25
$18.5M
$6.7B
Q4 24
$12.0M
$7.0B
Q3 24
$34.2M
$7.3B
Q2 24
$24.6M
$7.6B
Q1 24
$25.4M
$7.8B
Debt / Equity
AIRE
AIRE
CMTG
CMTG
Q4 25
2.06×
Q3 25
2.09×
Q2 25
2.29×
Q1 25
2.42×
Q4 24
0.15×
2.44×
Q3 24
2.44×
Q2 24
2.46×
Q1 24
2.47×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
AIRE
AIRE
CMTG
CMTG
Operating Cash FlowLast quarter
$-2.4M
$2.4M
Free Cash FlowOCF − Capex
$-2.4M
FCF MarginFCF / Revenue
-270.9%
Capex IntensityCapex / Revenue
1.1%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-11.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AIRE
AIRE
CMTG
CMTG
Q4 25
$-2.4M
$2.4M
Q3 25
$-4.2M
$8.8M
Q2 25
$-2.3M
$-5.8M
Q1 25
$-2.3M
$-35.8M
Q4 24
$-2.2M
$18.3M
Q3 24
$-1.3M
$39.2M
Q2 24
$-1.0M
$5.5M
Q1 24
$-1.5M
$21.5M
Free Cash Flow
AIRE
AIRE
CMTG
CMTG
Q4 25
$-2.4M
Q3 25
$-4.3M
Q2 25
$-2.3M
Q1 25
$-2.3M
Q4 24
Q3 24
$-1.3M
Q2 24
Q1 24
FCF Margin
AIRE
AIRE
CMTG
CMTG
Q4 25
-270.9%
Q3 25
-294.1%
Q2 25
-187.5%
Q1 25
-246.4%
Q4 24
Q3 24
-372.2%
Q2 24
Q1 24
Capex Intensity
AIRE
AIRE
CMTG
CMTG
Q4 25
1.1%
Q3 25
0.4%
Q2 25
1.1%
Q1 25
1.5%
Q4 24
Q3 24
2.2%
Q2 24
Q1 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

AIRE
AIRE

Segment breakdown not available.

CMTG
CMTG

Real Estate Owned Portfolio$34.2M73%
Other$11.1M24%
Mixed Use Property Fixed Rents$1.4M3%

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