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Side-by-side financial comparison of BENCHMARK ELECTRONICS INC (BHE) and Real Brokerage Inc (REAX). Click either name above to swap in a different company.

BENCHMARK ELECTRONICS INC is the larger business by last-quarter revenue ($677.3M vs $568.5M, roughly 1.2× Real Brokerage Inc). BENCHMARK ELECTRONICS INC runs the higher net margin — 1.9% vs -0.1%, a 2.0% gap on every dollar of revenue. On growth, Real Brokerage Inc posted the faster year-over-year revenue change (52.6% vs 11.4%). BENCHMARK ELECTRONICS INC produced more free cash flow last quarter ($48.1M vs $8.4M).

Benchmark Electronics Inc is an EMS, ODM, and OEM company based in Tempe, Arizona in the Phoenix metropolitan area. It provides contract manufacturing services.

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.

BHE vs REAX — Head-to-Head

Bigger by revenue
BHE
BHE
1.2× larger
BHE
$677.3M
$568.5M
REAX
Growing faster (revenue YoY)
REAX
REAX
+41.2% gap
REAX
52.6%
11.4%
BHE
Higher net margin
BHE
BHE
2.0% more per $
BHE
1.9%
-0.1%
REAX
More free cash flow
BHE
BHE
$39.7M more FCF
BHE
$48.1M
$8.4M
REAX

Income Statement — Q1 FY2026 vs Q3 FY2025

Metric
BHE
BHE
REAX
REAX
Revenue
$677.3M
$568.5M
Net Profit
$13.0M
$-447.0K
Gross Margin
10.2%
7.9%
Operating Margin
3.2%
-0.1%
Net Margin
1.9%
-0.1%
Revenue YoY
11.4%
52.6%
Net Profit YoY
257.4%
82.7%
EPS (diluted)
$0.17
$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
BHE
BHE
REAX
REAX
Q1 26
$677.3M
Q4 25
$725.8M
Q3 25
$702.6M
$568.5M
Q2 25
$665.7M
$540.7M
Q1 25
$654.6M
$354.0M
Q4 24
$683.6M
Q3 24
$680.0M
$372.5M
Q2 24
$686.7M
Net Profit
BHE
BHE
REAX
REAX
Q1 26
$13.0M
Q4 25
Q3 25
$14.3M
$-447.0K
Q2 25
$972.0K
$1.5M
Q1 25
$3.6M
$-5.0M
Q4 24
Q3 24
$15.4M
$-2.6M
Q2 24
$15.5M
Gross Margin
BHE
BHE
REAX
REAX
Q1 26
10.2%
Q4 25
10.2%
Q3 25
9.7%
7.9%
Q2 25
9.7%
8.9%
Q1 25
9.7%
9.6%
Q4 24
9.9%
Q3 24
9.8%
8.6%
Q2 24
9.9%
Operating Margin
BHE
BHE
REAX
REAX
Q1 26
3.2%
Q4 25
2.8%
Q3 25
3.4%
-0.1%
Q2 25
3.1%
0.3%
Q1 25
1.8%
-1.5%
Q4 24
4.2%
Q3 24
4.1%
-0.7%
Q2 24
4.0%
Net Margin
BHE
BHE
REAX
REAX
Q1 26
1.9%
Q4 25
Q3 25
2.0%
-0.1%
Q2 25
0.1%
0.3%
Q1 25
0.6%
-1.4%
Q4 24
Q3 24
2.3%
-0.7%
Q2 24
2.3%
EPS (diluted)
BHE
BHE
REAX
REAX
Q1 26
$0.17
Q4 25
$0.16
Q3 25
$0.39
$0.00
Q2 25
$0.03
$0.01
Q1 25
$0.10
$-0.02
Q4 24
$0.43
Q3 24
$0.42
$-0.01
Q2 24
$0.43

Balance Sheet & Financial Strength

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

Metric
BHE
BHE
REAX
REAX
Cash + ST InvestmentsLiquidity on hand
$324.9M
$38.7M
Total DebtLower is stronger
Stockholders' EquityBook value
$53.6M
Total Assets
$2.1B
$145.2M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BHE
BHE
REAX
REAX
Q1 26
$324.9M
Q4 25
$322.1M
Q3 25
$285.4M
$38.7M
Q2 25
$264.6M
$49.7M
Q1 25
$355.3M
$24.7M
Q4 24
$315.2M
Q3 24
$324.4M
$22.6M
Q2 24
$309.3M
Total Debt
BHE
BHE
REAX
REAX
Q1 26
Q4 25
$206.8M
Q3 25
$212.6M
Q2 25
$203.4M
Q1 25
$268.9M
Q4 24
$250.5M
Q3 24
$272.0M
Q2 24
$283.6M
Stockholders' Equity
BHE
BHE
REAX
REAX
Q1 26
Q4 25
$1.1B
Q3 25
$1.1B
$53.6M
Q2 25
$1.1B
$49.2M
Q1 25
$1.1B
$32.8M
Q4 24
$1.1B
Q3 24
$1.1B
$29.8M
Q2 24
$1.1B
Total Assets
BHE
BHE
REAX
REAX
Q1 26
$2.1B
Q4 25
$2.1B
Q3 25
$2.1B
$145.2M
Q2 25
$2.0B
$149.4M
Q1 25
$2.1B
$100.5M
Q4 24
$2.1B
Q3 24
$2.1B
$102.5M
Q2 24
$2.2B
Debt / Equity
BHE
BHE
REAX
REAX
Q1 26
Q4 25
0.19×
Q3 25
0.19×
Q2 25
0.18×
Q1 25
0.24×
Q4 24
0.23×
Q3 24
0.25×
Q2 24
0.26×

Cash Flow & Capital Efficiency

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

Metric
BHE
BHE
REAX
REAX
Operating Cash FlowLast quarter
$47.0M
$8.8M
Free Cash FlowOCF − Capex
$48.1M
$8.4M
FCF MarginFCF / Revenue
7.1%
1.5%
Capex IntensityCapex / Revenue
0.1%
Cash ConversionOCF / Net Profit
3.61×
TTM Free Cash FlowTrailing 4 quarters
$108.3M
$71.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BHE
BHE
REAX
REAX
Q1 26
$47.0M
Q4 25
$58.7M
Q3 25
$36.6M
$8.8M
Q2 25
$-2.8M
$41.0M
Q1 25
$31.5M
$15.9M
Q4 24
$45.9M
Q3 24
$39.0M
$7.2M
Q2 24
$55.8M
Free Cash Flow
BHE
BHE
REAX
REAX
Q1 26
$48.1M
Q4 25
$48.2M
Q3 25
$25.8M
$8.4M
Q2 25
$-13.8M
$40.8M
Q1 25
$28.1M
$15.7M
Q4 24
$37.2M
Q3 24
$29.2M
$6.8M
Q2 24
$48.2M
FCF Margin
BHE
BHE
REAX
REAX
Q1 26
7.1%
Q4 25
6.6%
Q3 25
3.7%
1.5%
Q2 25
-2.1%
7.5%
Q1 25
4.3%
4.4%
Q4 24
5.4%
Q3 24
4.3%
1.8%
Q2 24
7.0%
Capex Intensity
BHE
BHE
REAX
REAX
Q1 26
Q4 25
1.4%
Q3 25
1.5%
0.1%
Q2 25
1.7%
0.0%
Q1 25
0.5%
0.1%
Q4 24
1.3%
Q3 24
1.4%
0.1%
Q2 24
1.1%
Cash Conversion
BHE
BHE
REAX
REAX
Q1 26
3.61×
Q4 25
Q3 25
2.57×
Q2 25
-2.90×
27.13×
Q1 25
8.65×
Q4 24
Q3 24
2.54×
Q2 24
3.59×

Financial Flow Comparison

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

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