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Side-by-side financial comparison of BrightSpire Capital, Inc. (BRSP) and RE/MAX Holdings, Inc. (RMAX). Click either name above to swap in a different company.
BrightSpire Capital, Inc. is the larger business by last-quarter revenue ($83.2M vs $71.1M, roughly 1.2× RE/MAX Holdings, Inc.). RE/MAX Holdings, Inc. runs the higher net margin — 2.0% vs -17.3%, a 19.3% gap on every dollar of revenue. On growth, BrightSpire Capital, Inc. posted the faster year-over-year revenue change (-0.4% vs -1.8%). BrightSpire Capital, Inc. produced more free cash flow last quarter ($55.1M vs $33.5M). Over the past eight quarters, RE/MAX Holdings, Inc.'s revenue compounded faster (-4.7% CAGR vs -6.8%).
Oakley Capital Investments, is a large British investment trust focused on investments in mid-market companies in the business services, consumer, education and technology sectors. The company is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.
RE/MAX is an international real estate franchise operating in over 100 countries and territories that, in 2015, had over 100,000 agents in 6,800 offices.
BRSP vs RMAX — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $83.2M | $71.1M |
| Net Profit | $-14.4M | $1.4M |
| Gross Margin | — | — |
| Operating Margin | — | 13.1% |
| Net Margin | -17.3% | 2.0% |
| Revenue YoY | -0.4% | -1.8% |
| Net Profit YoY | 27.3% | -75.2% |
| EPS (diluted) | $-0.11 | — |
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.
| Q4 25 | $83.2M | $71.1M | ||
| Q3 25 | $83.9M | $73.2M | ||
| Q2 25 | $85.9M | $72.8M | ||
| Q1 25 | $77.6M | $74.5M | ||
| Q4 24 | $83.5M | $72.5M | ||
| Q3 24 | $88.2M | $78.5M | ||
| Q2 24 | $91.4M | $78.5M | ||
| Q1 24 | $95.8M | $78.3M |
| Q4 25 | $-14.4M | $1.4M | ||
| Q3 25 | $984.0K | $4.0M | ||
| Q2 25 | $-23.1M | $4.7M | ||
| Q1 25 | $5.3M | $-2.0M | ||
| Q4 24 | $-19.7M | $5.8M | ||
| Q3 24 | $12.7M | $966.0K | ||
| Q2 24 | $-67.9M | $3.7M | ||
| Q1 24 | $-57.1M | $-3.4M |
| Q4 25 | — | 13.1% | ||
| Q3 25 | -1.7% | 25.0% | ||
| Q2 25 | -54.5% | 19.3% | ||
| Q1 25 | 5.1% | 7.2% | ||
| Q4 24 | -24.9% | 5.9% | ||
| Q3 24 | 13.2% | 19.4% | ||
| Q2 24 | -74.9% | 20.6% | ||
| Q1 24 | -59.4% | 5.8% |
| Q4 25 | -17.3% | 2.0% | ||
| Q3 25 | 1.2% | 5.4% | ||
| Q2 25 | -26.9% | 6.4% | ||
| Q1 25 | 6.9% | -2.6% | ||
| Q4 24 | -23.7% | 8.0% | ||
| Q3 24 | 14.4% | 1.2% | ||
| Q2 24 | -74.2% | 4.7% | ||
| Q1 24 | -59.6% | -4.3% |
| Q4 25 | $-0.11 | — | ||
| Q3 25 | $0.00 | — | ||
| Q2 25 | $-0.19 | — | ||
| Q1 25 | $0.04 | — | ||
| Q4 24 | $-0.16 | — | ||
| Q3 24 | $0.09 | — | ||
| Q2 24 | $-0.53 | — | ||
| Q1 24 | $-0.45 | — |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $66.8M | $118.7M |
| Total DebtLower is stronger | $2.5B | $432.2M |
| Stockholders' EquityBook value | $938.4M | $452.4M |
| Total Assets | $3.6B | $582.5M |
| Debt / EquityLower = less leverage | 2.63× | 0.96× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $66.8M | $118.7M | ||
| Q3 25 | $113.4M | $107.5M | ||
| Q2 25 | $154.3M | $94.3M | ||
| Q1 25 | $200.9M | $89.1M | ||
| Q4 24 | $302.2M | $96.6M | ||
| Q3 24 | $263.8M | $83.8M | ||
| Q2 24 | $203.3M | $66.1M | ||
| Q1 24 | $221.5M | $82.1M |
| Q4 25 | $2.5B | $432.2M | ||
| Q3 25 | $2.2B | $433.3M | ||
| Q2 25 | $2.3B | $434.4M | ||
| Q1 25 | $2.3B | $435.3M | ||
| Q4 24 | $2.5B | $436.2M | ||
| Q3 24 | $2.6B | $437.2M | ||
| Q2 24 | $2.5B | $438.1M | ||
| Q1 24 | $2.6B | $439.0M |
| Q4 25 | $938.4M | $452.4M | ||
| Q3 25 | $976.4M | $448.1M | ||
| Q2 25 | $994.4M | $442.4M | ||
| Q1 25 | $1.0B | $433.5M | ||
| Q4 24 | $1.0B | $429.5M | ||
| Q3 24 | $1.1B | $423.1M | ||
| Q2 24 | $1.1B | $418.4M | ||
| Q1 24 | $1.2B | $412.0M |
| Q4 25 | $3.6B | $582.5M | ||
| Q3 25 | $3.3B | $582.2M | ||
| Q2 25 | $3.4B | $574.8M | ||
| Q1 25 | $3.6B | $571.4M | ||
| Q4 24 | $3.7B | $581.6M | ||
| Q3 24 | $3.8B | $578.6M | ||
| Q2 24 | $3.8B | $571.4M | ||
| Q1 24 | $3.9B | $566.7M |
| Q4 25 | 2.63× | 0.96× | ||
| Q3 25 | 2.22× | 0.97× | ||
| Q2 25 | 2.27× | 0.98× | ||
| Q1 25 | 2.27× | 1.00× | ||
| Q4 24 | 2.38× | 1.02× | ||
| Q3 24 | 2.36× | 1.03× | ||
| Q2 24 | 2.28× | 1.05× | ||
| Q1 24 | 2.17× | 1.07× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $73.0M | $40.9M |
| Free Cash FlowOCF − Capex | $55.1M | $33.5M |
| FCF MarginFCF / Revenue | 66.2% | 47.1% |
| Capex IntensityCapex / Revenue | 21.6% | 10.4% |
| Cash ConversionOCF / Net Profit | — | 28.39× |
| TTM Free Cash FlowTrailing 4 quarters | $102.0M | $56.8M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $73.0M | $40.9M | ||
| Q3 25 | $29.9M | $17.7M | ||
| Q2 25 | $17.4M | $4.6M | ||
| Q1 25 | $10.5M | $5.7M | ||
| Q4 24 | $103.4M | $59.7M | ||
| Q3 24 | $31.3M | $17.6M | ||
| Q2 24 | $22.9M | $15.9M | ||
| Q1 24 | $24.6M | $9.4M |
| Q4 25 | $55.1M | $33.5M | ||
| Q3 25 | $27.4M | $16.4M | ||
| Q2 25 | $11.6M | $2.9M | ||
| Q1 25 | $8.0M | $4.0M | ||
| Q4 24 | $97.3M | $53.0M | ||
| Q3 24 | $28.3M | $16.3M | ||
| Q2 24 | $22.7M | $14.0M | ||
| Q1 24 | $22.2M | $6.8M |
| Q4 25 | 66.2% | 47.1% | ||
| Q3 25 | 32.7% | 22.4% | ||
| Q2 25 | 13.4% | 4.0% | ||
| Q1 25 | 10.3% | 5.3% | ||
| Q4 24 | 116.6% | 73.2% | ||
| Q3 24 | 32.1% | 20.8% | ||
| Q2 24 | 24.9% | 17.8% | ||
| Q1 24 | 23.2% | 8.6% |
| Q4 25 | 21.6% | 10.4% | ||
| Q3 25 | 2.9% | 1.8% | ||
| Q2 25 | 6.8% | 2.2% | ||
| Q1 25 | 3.2% | 2.3% | ||
| Q4 24 | 7.3% | 9.1% | ||
| Q3 24 | 3.4% | 1.7% | ||
| Q2 24 | 0.1% | 2.4% | ||
| Q1 24 | 2.5% | 3.3% |
| Q4 25 | — | 28.39× | ||
| Q3 25 | 30.36× | 4.45× | ||
| Q2 25 | — | 0.97× | ||
| Q1 25 | 1.97× | — | ||
| Q4 24 | — | 10.28× | ||
| Q3 24 | 2.46× | 18.22× | ||
| Q2 24 | — | 4.29× | ||
| Q1 24 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
BRSP
Segment breakdown not available.
RMAX
| Franchising Segment | $50.1M | 70% |
| Broker Fees | $13.9M | 20% |
| Annual Dues | $7.4M | 10% |
