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

CONDUENT Inc is the larger business by last-quarter revenue ($770.0M vs $568.5M, roughly 1.4× Real Brokerage Inc). Real Brokerage Inc runs the higher net margin — -0.1% vs -4.3%, 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 -3.8%). CONDUENT Inc produced more free cash flow last quarter ($24.0M vs $8.4M).

Conduent Inc. is an American business services provider company headquartered in Florham Park, New Jersey. It was formed in 2017 as a divestiture from Xerox. The company offers digital platforms for businesses and governments. As of 2026, it has over 54,000 employees working across 24 countries.

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.

CNDT vs REAX — Head-to-Head

Bigger by revenue
CNDT
CNDT
1.4× larger
CNDT
$770.0M
$568.5M
REAX
Growing faster (revenue YoY)
REAX
REAX
+56.4% gap
REAX
52.6%
-3.8%
CNDT
Higher net margin
REAX
REAX
4.2% more per $
REAX
-0.1%
-4.3%
CNDT
More free cash flow
CNDT
CNDT
$15.6M more FCF
CNDT
$24.0M
$8.4M
REAX

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
CNDT
CNDT
REAX
REAX
Revenue
$770.0M
$568.5M
Net Profit
$-33.0M
$-447.0K
Gross Margin
19.0%
7.9%
Operating Margin
-3.6%
-0.1%
Net Margin
-4.3%
-0.1%
Revenue YoY
-3.8%
52.6%
Net Profit YoY
-175.0%
82.7%
EPS (diluted)
$-0.25
$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
CNDT
CNDT
REAX
REAX
Q4 25
$770.0M
Q3 25
$767.0M
$568.5M
Q2 25
$754.0M
$540.7M
Q1 25
$751.0M
$354.0M
Q4 24
$800.0M
Q3 24
$807.0M
$372.5M
Q2 24
$828.0M
Q1 24
$921.0M
$200.7M
Net Profit
CNDT
CNDT
REAX
REAX
Q4 25
$-33.0M
Q3 25
$-46.0M
$-447.0K
Q2 25
$-40.0M
$1.5M
Q1 25
$-51.0M
$-5.0M
Q4 24
$-12.0M
Q3 24
$123.0M
$-2.6M
Q2 24
$216.0M
Q1 24
$99.0M
$-16.1M
Gross Margin
CNDT
CNDT
REAX
REAX
Q4 25
19.0%
Q3 25
17.7%
7.9%
Q2 25
18.2%
8.9%
Q1 25
17.7%
9.6%
Q4 24
17.3%
Q3 24
18.7%
8.6%
Q2 24
18.2%
Q1 24
20.2%
10.3%
Operating Margin
CNDT
CNDT
REAX
REAX
Q4 25
-3.6%
Q3 25
-5.0%
-0.1%
Q2 25
-5.0%
0.3%
Q1 25
-7.5%
-1.5%
Q4 24
-10.3%
Q3 24
19.7%
-0.7%
Q2 24
36.2%
Q1 24
13.8%
-7.8%
Net Margin
CNDT
CNDT
REAX
REAX
Q4 25
-4.3%
Q3 25
-6.0%
-0.1%
Q2 25
-5.3%
0.3%
Q1 25
-6.8%
-1.4%
Q4 24
-1.5%
Q3 24
15.2%
-0.7%
Q2 24
26.1%
Q1 24
10.7%
-8.0%
EPS (diluted)
CNDT
CNDT
REAX
REAX
Q4 25
$-0.25
Q3 25
$-0.30
$0.00
Q2 25
$-0.26
$0.01
Q1 25
$-0.33
$-0.02
Q4 24
$-0.02
Q3 24
$0.72
$-0.01
Q2 24
$1.07
Q1 24
$0.46
$-0.09

Balance Sheet & Financial Strength

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

Metric
CNDT
CNDT
REAX
REAX
Cash + ST InvestmentsLiquidity on hand
$233.0M
$38.7M
Total DebtLower is stronger
$665.0M
Stockholders' EquityBook value
$685.0M
$53.6M
Total Assets
$2.4B
$145.2M
Debt / EquityLower = less leverage
0.97×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CNDT
CNDT
REAX
REAX
Q4 25
$233.0M
Q3 25
$248.0M
$38.7M
Q2 25
$275.0M
$49.7M
Q1 25
$277.0M
$24.7M
Q4 24
$366.0M
Q3 24
$393.0M
$22.6M
Q2 24
$300.0M
Q1 24
$415.0M
$20.1M
Total Debt
CNDT
CNDT
REAX
REAX
Q4 25
$665.0M
Q3 25
Q2 25
Q1 25
Q4 24
$615.0M
Q3 24
Q2 24
Q1 24
Stockholders' Equity
CNDT
CNDT
REAX
REAX
Q4 25
$685.0M
Q3 25
$717.0M
$53.6M
Q2 25
$777.0M
$49.2M
Q1 25
$800.0M
$32.8M
Q4 24
$839.0M
Q3 24
$877.0M
$29.8M
Q2 24
$751.0M
Q1 24
$701.0M
$25.6M
Total Assets
CNDT
CNDT
REAX
REAX
Q4 25
$2.4B
Q3 25
$2.5B
$145.2M
Q2 25
$2.5B
$149.4M
Q1 25
$2.5B
$100.5M
Q4 24
$2.6B
Q3 24
$2.8B
$102.5M
Q2 24
$2.8B
Q1 24
$3.1B
Debt / Equity
CNDT
CNDT
REAX
REAX
Q4 25
0.97×
Q3 25
Q2 25
Q1 25
Q4 24
0.73×
Q3 24
Q2 24
Q1 24

Cash Flow & Capital Efficiency

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

Metric
CNDT
CNDT
REAX
REAX
Operating Cash FlowLast quarter
$39.0M
$8.8M
Free Cash FlowOCF − Capex
$24.0M
$8.4M
FCF MarginFCF / Revenue
3.1%
1.5%
Capex IntensityCapex / Revenue
1.9%
0.1%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-132.0M
$71.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CNDT
CNDT
REAX
REAX
Q4 25
$39.0M
Q3 25
$-39.0M
$8.8M
Q2 25
$-15.0M
$41.0M
Q1 25
$-58.0M
$15.9M
Q4 24
$41.0M
Q3 24
$-13.0M
$7.2M
Q2 24
$-41.0M
Q1 24
$-37.0M
$21.5M
Free Cash Flow
CNDT
CNDT
REAX
REAX
Q4 25
$24.0M
Q3 25
$-54.0M
$8.4M
Q2 25
$-30.0M
$40.8M
Q1 25
$-72.0M
$15.7M
Q4 24
$30.0M
Q3 24
$-21.0M
$6.8M
Q2 24
$-59.0M
Q1 24
$-50.0M
$21.4M
FCF Margin
CNDT
CNDT
REAX
REAX
Q4 25
3.1%
Q3 25
-7.0%
1.5%
Q2 25
-4.0%
7.5%
Q1 25
-9.6%
4.4%
Q4 24
3.8%
Q3 24
-2.6%
1.8%
Q2 24
-7.1%
Q1 24
-5.4%
10.7%
Capex Intensity
CNDT
CNDT
REAX
REAX
Q4 25
1.9%
Q3 25
2.0%
0.1%
Q2 25
2.0%
0.0%
Q1 25
1.9%
0.1%
Q4 24
1.4%
Q3 24
1.0%
0.1%
Q2 24
2.2%
Q1 24
1.4%
0.0%
Cash Conversion
CNDT
CNDT
REAX
REAX
Q4 25
Q3 25
Q2 25
27.13×
Q1 25
Q4 24
Q3 24
-0.11×
Q2 24
-0.19×
Q1 24
-0.37×

Financial Flow Comparison

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

Revenue Breakdown by Segment

CNDT
CNDT

Government Segment$230.0M30%
Integrated Digital Solutions$134.0M17%
Customer Experience Management$127.0M16%
B Paa S$116.0M15%
Government Services Solutions$93.0M12%
Transferred At Point In Time$36.0M5%
Other$34.0M4%

REAX
REAX

Segment breakdown not available.

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