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Side-by-side financial comparison of BARRETT BUSINESS SERVICES INC (BBSI) 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 $321.1M, roughly 1.8× BARRETT BUSINESS SERVICES INC). BARRETT BUSINESS SERVICES INC runs the higher net margin — 5.1% vs -0.1%, a 5.2% gap on every dollar of revenue. On growth, Real Brokerage Inc posted the faster year-over-year revenue change (52.6% vs 5.3%). BARRETT BUSINESS SERVICES INC produced more free cash flow last quarter ($70.6M vs $8.4M).

Barrett Firearms Manufacturing is an Australian-owned, American manufacturer of firearms and ammunition located in Christiana, Tennessee. It was founded in 1982 by Ronnie G. Barrett for the purpose of building semi-automatic rifles chambered for the .50 BMG ammunition, originally developed for and used in M2 Browning machine guns. Barrett began this work in the early 1980s, and the first working rifles were available in 1982, hence the designation M82. Barrett personally designed every part o...

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.

BBSI vs REAX — Head-to-Head

Bigger by revenue
REAX
REAX
1.8× larger
REAX
$568.5M
$321.1M
BBSI
Growing faster (revenue YoY)
REAX
REAX
+47.3% gap
REAX
52.6%
5.3%
BBSI
Higher net margin
BBSI
BBSI
5.2% more per $
BBSI
5.1%
-0.1%
REAX
More free cash flow
BBSI
BBSI
$62.2M more FCF
BBSI
$70.6M
$8.4M
REAX

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
BBSI
BBSI
REAX
REAX
Revenue
$321.1M
$568.5M
Net Profit
$16.4M
$-447.0K
Gross Margin
21.3%
7.9%
Operating Margin
5.8%
-0.1%
Net Margin
5.1%
-0.1%
Revenue YoY
5.3%
52.6%
Net Profit YoY
-2.4%
82.7%
EPS (diluted)
$0.63
$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
BBSI
BBSI
REAX
REAX
Q4 25
$321.1M
Q3 25
$318.9M
$568.5M
Q2 25
$307.7M
$540.7M
Q1 25
$292.6M
$354.0M
Q4 24
$304.8M
Q3 24
$294.3M
$372.5M
Q2 24
$279.7M
Q1 24
$265.8M
$200.7M
Net Profit
BBSI
BBSI
REAX
REAX
Q4 25
$16.4M
Q3 25
$20.6M
$-447.0K
Q2 25
$18.5M
$1.5M
Q1 25
$-1.0M
$-5.0M
Q4 24
$16.8M
Q3 24
$19.6M
$-2.6M
Q2 24
$16.7M
Q1 24
$-136.0K
$-16.1M
Gross Margin
BBSI
BBSI
REAX
REAX
Q4 25
21.3%
Q3 25
24.1%
7.9%
Q2 25
23.8%
8.9%
Q1 25
14.6%
9.6%
Q4 24
23.4%
Q3 24
25.3%
8.6%
Q2 24
24.3%
Q1 24
14.9%
10.3%
Operating Margin
BBSI
BBSI
REAX
REAX
Q4 25
5.8%
Q3 25
7.8%
-0.1%
Q2 25
7.5%
0.3%
Q1 25
-1.4%
-1.5%
Q4 24
6.8%
Q3 24
8.0%
-0.7%
Q2 24
7.3%
Q1 24
-1.8%
-7.8%
Net Margin
BBSI
BBSI
REAX
REAX
Q4 25
5.1%
Q3 25
6.5%
-0.1%
Q2 25
6.0%
0.3%
Q1 25
-0.3%
-1.4%
Q4 24
5.5%
Q3 24
6.7%
-0.7%
Q2 24
6.0%
Q1 24
-0.1%
-8.0%
EPS (diluted)
BBSI
BBSI
REAX
REAX
Q4 25
$0.63
Q3 25
$0.79
$0.00
Q2 25
$0.70
$0.01
Q1 25
$-0.04
$-0.02
Q4 24
$0.63
Q3 24
$0.74
$-0.01
Q2 24
$0.62
Q1 24
$-0.01
$-0.09

Balance Sheet & Financial Strength

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

Metric
BBSI
BBSI
REAX
REAX
Cash + ST InvestmentsLiquidity on hand
$157.2M
$38.7M
Total DebtLower is stronger
Stockholders' EquityBook value
$241.0M
$53.6M
Total Assets
$779.1M
$145.2M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BBSI
BBSI
REAX
REAX
Q4 25
$157.2M
Q3 25
$109.8M
$38.7M
Q2 25
$90.4M
$49.7M
Q1 25
$99.1M
$24.7M
Q4 24
$121.9M
Q3 24
$14.4M
$22.6M
Q2 24
$40.3M
Q1 24
$51.3M
$20.1M
Stockholders' Equity
BBSI
BBSI
REAX
REAX
Q4 25
$241.0M
Q3 25
$240.1M
$53.6M
Q2 25
$225.8M
$49.2M
Q1 25
$213.4M
$32.8M
Q4 24
$221.4M
Q3 24
$215.4M
$29.8M
Q2 24
$199.0M
Q1 24
$189.6M
$25.6M
Total Assets
BBSI
BBSI
REAX
REAX
Q4 25
$779.1M
Q3 25
$777.9M
$145.2M
Q2 25
$713.6M
$149.4M
Q1 25
$778.6M
$100.5M
Q4 24
$745.5M
Q3 24
$725.8M
$102.5M
Q2 24
$688.6M
Q1 24
$747.8M

Cash Flow & Capital Efficiency

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

Metric
BBSI
BBSI
REAX
REAX
Operating Cash FlowLast quarter
$76.1M
$8.8M
Free Cash FlowOCF − Capex
$70.6M
$8.4M
FCF MarginFCF / Revenue
22.0%
1.5%
Capex IntensityCapex / Revenue
1.7%
0.1%
Cash ConversionOCF / Net Profit
4.64×
TTM Free Cash FlowTrailing 4 quarters
$47.2M
$71.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BBSI
BBSI
REAX
REAX
Q4 25
$76.1M
Q3 25
$38.4M
$8.8M
Q2 25
$-53.8M
$41.0M
Q1 25
$5.2M
$15.9M
Q4 24
$53.4M
Q3 24
$-935.0K
$7.2M
Q2 24
$-51.3M
Q1 24
$9.0M
$21.5M
Free Cash Flow
BBSI
BBSI
REAX
REAX
Q4 25
$70.6M
Q3 25
$34.1M
$8.4M
Q2 25
$-58.2M
$40.8M
Q1 25
$697.0K
$15.7M
Q4 24
$50.2M
Q3 24
$-4.2M
$6.8M
Q2 24
$-56.3M
Q1 24
$6.2M
$21.4M
FCF Margin
BBSI
BBSI
REAX
REAX
Q4 25
22.0%
Q3 25
10.7%
1.5%
Q2 25
-18.9%
7.5%
Q1 25
0.2%
4.4%
Q4 24
16.5%
Q3 24
-1.4%
1.8%
Q2 24
-20.1%
Q1 24
2.3%
10.7%
Capex Intensity
BBSI
BBSI
REAX
REAX
Q4 25
1.7%
Q3 25
1.4%
0.1%
Q2 25
1.4%
0.0%
Q1 25
1.5%
0.1%
Q4 24
1.0%
Q3 24
1.1%
0.1%
Q2 24
1.8%
Q1 24
1.0%
0.0%
Cash Conversion
BBSI
BBSI
REAX
REAX
Q4 25
4.64×
Q3 25
1.86×
Q2 25
-2.92×
27.13×
Q1 25
Q4 24
3.18×
Q3 24
-0.05×
Q2 24
-3.07×
Q1 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

BBSI
BBSI

Professional Employer Services$303.6M95%
Staffing Services$17.6M5%

REAX
REAX

Segment breakdown not available.

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