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Side-by-side financial comparison of Cambium Networks Corp (CMBM) and RE/MAX Holdings, Inc. (RMAX). Click either name above to swap in a different company.

RE/MAX Holdings, Inc. is the larger business by last-quarter revenue ($71.1M vs $40.3M, roughly 1.8× Cambium Networks Corp). RE/MAX Holdings, Inc. runs the higher net margin — 2.0% vs -17.9%, a 20.0% gap on every dollar of revenue. On growth, RE/MAX Holdings, Inc. posted the faster year-over-year revenue change (-1.8% vs -23.2%). RE/MAX Holdings, Inc. produced more free cash flow last quarter ($33.5M vs $-10.8M). Over the past eight quarters, RE/MAX Holdings, Inc.'s revenue compounded faster (-4.7% CAGR vs -27.2%).

Cambium Networks Corporation is an American manufacturer of wireless telecommunications equipment, including Enterprise WiFi, Network switch, Internet of Things, and fixed wireless broadband and Wi-Fi for enterprises products for Internet access. Publicly traded on the NASDAQ stock exchange, it spun out of Motorola in October 2011.

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.

CMBM vs RMAX — Head-to-Head

Bigger by revenue
RMAX
RMAX
1.8× larger
RMAX
$71.1M
$40.3M
CMBM
Growing faster (revenue YoY)
RMAX
RMAX
+21.3% gap
RMAX
-1.8%
-23.2%
CMBM
Higher net margin
RMAX
RMAX
20.0% more per $
RMAX
2.0%
-17.9%
CMBM
More free cash flow
RMAX
RMAX
$44.3M more FCF
RMAX
$33.5M
$-10.8M
CMBM
Faster 2-yr revenue CAGR
RMAX
RMAX
Annualised
RMAX
-4.7%
-27.2%
CMBM

Income Statement — Q4 FY2024 vs Q4 FY2025

Metric
CMBM
CMBM
RMAX
RMAX
Revenue
$40.3M
$71.1M
Net Profit
$-7.2M
$1.4M
Gross Margin
36.6%
Operating Margin
-28.4%
13.1%
Net Margin
-17.9%
2.0%
Revenue YoY
-23.2%
-1.8%
Net Profit YoY
71.0%
-75.2%
EPS (diluted)
$-0.26

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
CMBM
CMBM
RMAX
RMAX
Q4 25
$71.1M
Q3 25
$73.2M
Q2 25
$72.8M
Q1 25
$74.5M
Q4 24
$40.3M
$72.5M
Q3 24
$44.7M
$78.5M
Q2 24
$45.2M
$78.5M
Q1 24
$47.1M
$78.3M
Net Profit
CMBM
CMBM
RMAX
RMAX
Q4 25
$1.4M
Q3 25
$4.0M
Q2 25
$4.7M
Q1 25
$-2.0M
Q4 24
$-7.2M
$5.8M
Q3 24
$-34.5M
$966.0K
Q2 24
$-14.2M
$3.7M
Q1 24
$-18.4M
$-3.4M
Gross Margin
CMBM
CMBM
RMAX
RMAX
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
36.6%
Q3 24
43.6%
Q2 24
32.5%
Q1 24
29.8%
Operating Margin
CMBM
CMBM
RMAX
RMAX
Q4 25
13.1%
Q3 25
25.0%
Q2 25
19.3%
Q1 25
7.2%
Q4 24
-28.4%
5.9%
Q3 24
-69.6%
19.4%
Q2 24
-27.2%
20.6%
Q1 24
-33.1%
5.8%
Net Margin
CMBM
CMBM
RMAX
RMAX
Q4 25
2.0%
Q3 25
5.4%
Q2 25
6.4%
Q1 25
-2.6%
Q4 24
-17.9%
8.0%
Q3 24
-77.3%
1.2%
Q2 24
-31.5%
4.7%
Q1 24
-39.2%
-4.3%
EPS (diluted)
CMBM
CMBM
RMAX
RMAX
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
$-0.26
Q3 24
$-1.22
Q2 24
$-0.51
Q1 24
$-0.66

Balance Sheet & Financial Strength

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

Metric
CMBM
CMBM
RMAX
RMAX
Cash + ST InvestmentsLiquidity on hand
$118.7M
Total DebtLower is stronger
$67.6M
$432.2M
Stockholders' EquityBook value
$-3.2M
$452.4M
Total Assets
$173.7M
$582.5M
Debt / EquityLower = less leverage
0.96×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CMBM
CMBM
RMAX
RMAX
Q4 25
$118.7M
Q3 25
$107.5M
Q2 25
$94.3M
Q1 25
$89.1M
Q4 24
$96.6M
Q3 24
$83.8M
Q2 24
$66.1M
Q1 24
$82.1M
Total Debt
CMBM
CMBM
RMAX
RMAX
Q4 25
$432.2M
Q3 25
$433.3M
Q2 25
$434.4M
Q1 25
$435.3M
Q4 24
$67.6M
$436.2M
Q3 24
$67.6M
$437.2M
Q2 24
$68.9M
$438.1M
Q1 24
$63.8M
$439.0M
Stockholders' Equity
CMBM
CMBM
RMAX
RMAX
Q4 25
$452.4M
Q3 25
$448.1M
Q2 25
$442.4M
Q1 25
$433.5M
Q4 24
$-3.2M
$429.5M
Q3 24
$1.9M
$423.1M
Q2 24
$34.1M
$418.4M
Q1 24
$45.0M
$412.0M
Total Assets
CMBM
CMBM
RMAX
RMAX
Q4 25
$582.5M
Q3 25
$582.2M
Q2 25
$574.8M
Q1 25
$571.4M
Q4 24
$173.7M
$581.6M
Q3 24
$194.3M
$578.6M
Q2 24
$221.1M
$571.4M
Q1 24
$219.8M
$566.7M
Debt / Equity
CMBM
CMBM
RMAX
RMAX
Q4 25
0.96×
Q3 25
0.97×
Q2 25
0.98×
Q1 25
1.00×
Q4 24
1.02×
Q3 24
36.12×
1.03×
Q2 24
2.02×
1.05×
Q1 24
1.42×
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
CMBM
CMBM
RMAX
RMAX
Operating Cash FlowLast quarter
$-10.4M
$40.9M
Free Cash FlowOCF − Capex
$-10.8M
$33.5M
FCF MarginFCF / Revenue
-26.8%
47.1%
Capex IntensityCapex / Revenue
1.1%
10.4%
Cash ConversionOCF / Net Profit
28.39×
TTM Free Cash FlowTrailing 4 quarters
$-21.4M
$56.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CMBM
CMBM
RMAX
RMAX
Q4 25
$40.9M
Q3 25
$17.7M
Q2 25
$4.6M
Q1 25
$5.7M
Q4 24
$-10.4M
$59.7M
Q3 24
$8.9M
$17.6M
Q2 24
$2.4M
$15.9M
Q1 24
$-15.9M
$9.4M
Free Cash Flow
CMBM
CMBM
RMAX
RMAX
Q4 25
$33.5M
Q3 25
$16.4M
Q2 25
$2.9M
Q1 25
$4.0M
Q4 24
$-10.8M
$53.0M
Q3 24
$6.8M
$16.3M
Q2 24
$87.0K
$14.0M
Q1 24
$-17.4M
$6.8M
FCF Margin
CMBM
CMBM
RMAX
RMAX
Q4 25
47.1%
Q3 25
22.4%
Q2 25
4.0%
Q1 25
5.3%
Q4 24
-26.8%
73.2%
Q3 24
15.2%
20.8%
Q2 24
0.2%
17.8%
Q1 24
-37.0%
8.6%
Capex Intensity
CMBM
CMBM
RMAX
RMAX
Q4 25
10.4%
Q3 25
1.8%
Q2 25
2.2%
Q1 25
2.3%
Q4 24
1.1%
9.1%
Q3 24
4.8%
1.7%
Q2 24
5.1%
2.4%
Q1 24
3.3%
3.3%
Cash Conversion
CMBM
CMBM
RMAX
RMAX
Q4 25
28.39×
Q3 25
4.45×
Q2 25
0.97×
Q1 25
Q4 24
10.28×
Q3 24
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

CMBM
CMBM

Enterprise$16.6M41%
Point To Multi Point$16.4M41%
Other$5.8M14%

RMAX
RMAX

Franchising Segment$50.1M70%
Broker Fees$13.9M20%
Annual Dues$7.4M10%

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