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Side-by-side financial comparison of Arhaus, Inc. (ARHS) and Real Brokerage Inc (REAX). Click either name above to swap in a different company.

Real Brokerage Inc is the larger business by last-quarter revenue ($568.5M vs $364.8M, roughly 1.6× Arhaus, Inc.). Arhaus, Inc. runs the higher net margin — 4.1% vs -0.1%, a 4.2% gap on every dollar of revenue. On growth, Real Brokerage Inc posted the faster year-over-year revenue change (52.6% vs 5.1%). Real Brokerage Inc produced more free cash flow last quarter ($8.4M vs $-8.8M).

Arhaus, Inc. is an upscale American home furnishings company headquartered in Boston Heights, Ohio. Founded in 1986 with a focus on sustainability and artisanship in product quality, Arhaus provides a diversified assortment of specialty goods and services addressing omnichannel direct-to-consumer and business-to-business residential and commercial operations.

Anywhere Real Estate Inc., formerly Realogy, was an American real estate services firm. It operated and franchised real estate brands that provided brokerage, relocation, title, insurance, and settlement services. Brands included Better Homes and Gardens Real Estate, Century 21 Real Estate, Coldwell Banker, Corcoran Group, ERA Real Estate and Sotheby's International Realty. In 2026, the company was acquired by Compass, Inc.

ARHS vs REAX — Head-to-Head

Bigger by revenue
REAX
REAX
1.6× larger
REAX
$568.5M
$364.8M
ARHS
Growing faster (revenue YoY)
REAX
REAX
+47.5% gap
REAX
52.6%
5.1%
ARHS
Higher net margin
ARHS
ARHS
4.2% more per $
ARHS
4.1%
-0.1%
REAX
More free cash flow
REAX
REAX
$17.2M more FCF
REAX
$8.4M
$-8.8M
ARHS

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
ARHS
ARHS
REAX
REAX
Revenue
$364.8M
$568.5M
Net Profit
$15.1M
$-447.0K
Gross Margin
38.1%
7.9%
Operating Margin
5.6%
-0.1%
Net Margin
4.1%
-0.1%
Revenue YoY
5.1%
52.6%
Net Profit YoY
-29.1%
82.7%
EPS (diluted)
$0.11
$0.00

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
ARHS
ARHS
REAX
REAX
Q4 25
$364.8M
Q3 25
$344.6M
$568.5M
Q2 25
$358.4M
$540.7M
Q1 25
$311.4M
$354.0M
Q4 24
$347.0M
Q3 24
$319.1M
$372.5M
Q2 24
$309.8M
Q1 24
$295.2M
$200.7M
Net Profit
ARHS
ARHS
REAX
REAX
Q4 25
$15.1M
Q3 25
$12.2M
$-447.0K
Q2 25
$35.1M
$1.5M
Q1 25
$4.9M
$-5.0M
Q4 24
$21.3M
Q3 24
$9.9M
$-2.6M
Q2 24
$22.2M
Q1 24
$15.1M
$-16.1M
Gross Margin
ARHS
ARHS
REAX
REAX
Q4 25
38.1%
Q3 25
38.7%
7.9%
Q2 25
41.4%
8.9%
Q1 25
37.1%
9.6%
Q4 24
40.0%
Q3 24
38.6%
8.6%
Q2 24
40.1%
Q1 24
39.0%
10.3%
Operating Margin
ARHS
ARHS
REAX
REAX
Q4 25
5.6%
Q3 25
4.8%
-0.1%
Q2 25
13.0%
0.3%
Q1 25
1.7%
-1.5%
Q4 24
8.2%
Q3 24
3.3%
-0.7%
Q2 24
9.5%
Q1 24
6.2%
-7.8%
Net Margin
ARHS
ARHS
REAX
REAX
Q4 25
4.1%
Q3 25
3.5%
-0.1%
Q2 25
9.8%
0.3%
Q1 25
1.6%
-1.4%
Q4 24
6.1%
Q3 24
3.1%
-0.7%
Q2 24
7.2%
Q1 24
5.1%
-8.0%
EPS (diluted)
ARHS
ARHS
REAX
REAX
Q4 25
$0.11
Q3 25
$0.09
$0.00
Q2 25
$0.25
$0.01
Q1 25
$0.03
$-0.02
Q4 24
$0.15
Q3 24
$0.07
$-0.01
Q2 24
$0.16
Q1 24
$0.11
$-0.09

Balance Sheet & Financial Strength

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

Metric
ARHS
ARHS
REAX
REAX
Cash + ST InvestmentsLiquidity on hand
$253.4M
$38.7M
Total DebtLower is stronger
Stockholders' EquityBook value
$418.2M
$53.6M
Total Assets
$1.4B
$145.2M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ARHS
ARHS
REAX
REAX
Q4 25
$253.4M
Q3 25
$262.2M
$38.7M
Q2 25
$234.8M
$49.7M
Q1 25
$214.4M
$24.7M
Q4 24
$197.5M
Q3 24
$177.7M
$22.6M
Q2 24
$174.2M
Q1 24
$233.2M
$20.1M
Stockholders' Equity
ARHS
ARHS
REAX
REAX
Q4 25
$418.2M
Q3 25
$400.4M
$53.6M
Q2 25
$385.6M
$49.2M
Q1 25
$348.8M
$32.8M
Q4 24
$343.7M
Q3 24
$320.6M
$29.8M
Q2 24
$309.3M
Q1 24
$285.6M
$25.6M
Total Assets
ARHS
ARHS
REAX
REAX
Q4 25
$1.4B
Q3 25
$1.4B
$145.2M
Q2 25
$1.3B
$149.4M
Q1 25
$1.3B
$100.5M
Q4 24
$1.2B
Q3 24
$1.2B
$102.5M
Q2 24
$1.2B
Q1 24
$1.2B

Cash Flow & Capital Efficiency

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

Metric
ARHS
ARHS
REAX
REAX
Operating Cash FlowLast quarter
$9.3M
$8.8M
Free Cash FlowOCF − Capex
$-8.8M
$8.4M
FCF MarginFCF / Revenue
-2.4%
1.5%
Capex IntensityCapex / Revenue
5.0%
0.1%
Cash ConversionOCF / Net Profit
0.62×
TTM Free Cash FlowTrailing 4 quarters
$59.0M
$71.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ARHS
ARHS
REAX
REAX
Q4 25
$9.3M
Q3 25
$46.1M
$8.8M
Q2 25
$34.9M
$41.0M
Q1 25
$46.5M
$15.9M
Q4 24
$31.7M
Q3 24
$31.1M
$7.2M
Q2 24
$47.5M
Q1 24
$36.8M
$21.5M
Free Cash Flow
ARHS
ARHS
REAX
REAX
Q4 25
$-8.8M
Q3 25
$28.0M
$8.4M
Q2 25
$20.9M
$40.8M
Q1 25
$18.9M
$15.7M
Q4 24
$13.0M
Q3 24
$4.6M
$6.8M
Q2 24
$11.3M
Q1 24
$10.9M
$21.4M
FCF Margin
ARHS
ARHS
REAX
REAX
Q4 25
-2.4%
Q3 25
8.1%
1.5%
Q2 25
5.8%
7.5%
Q1 25
6.1%
4.4%
Q4 24
3.7%
Q3 24
1.4%
1.8%
Q2 24
3.6%
Q1 24
3.7%
10.7%
Capex Intensity
ARHS
ARHS
REAX
REAX
Q4 25
5.0%
Q3 25
5.3%
0.1%
Q2 25
3.9%
0.0%
Q1 25
8.9%
0.1%
Q4 24
5.4%
Q3 24
8.3%
0.1%
Q2 24
11.7%
Q1 24
8.8%
0.0%
Cash Conversion
ARHS
ARHS
REAX
REAX
Q4 25
0.62×
Q3 25
3.77×
Q2 25
1.00×
27.13×
Q1 25
9.53×
Q4 24
1.49×
Q3 24
3.14×
Q2 24
2.14×
Q1 24
2.44×

Financial Flow Comparison

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

Revenue Breakdown by Segment

ARHS
ARHS

Sales Channel Retail$305.7M84%
Sales Channel E Commerce$59.2M16%

REAX
REAX

Segment breakdown not available.

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