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Side-by-side financial comparison of Finwise Bancorp (FINW) 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 $46.9M, roughly 1.5× Finwise Bancorp). Finwise Bancorp runs the higher net margin — 8.4% vs 2.0%, a 6.3% gap on every dollar of revenue. On growth, Finwise Bancorp posted the faster year-over-year revenue change (121.7% vs -1.8%). RE/MAX Holdings, Inc. produced more free cash flow last quarter ($33.5M vs $-28.6M). Over the past eight quarters, Finwise Bancorp's revenue compounded faster (54.3% CAGR vs -4.7%).
Finwise Bancorp is a U.S.-based financial holding company that operates primarily through its community banking subsidiary. It offers a full suite of retail and commercial financial services, including deposit accounts, personal loans, mortgage products, small business financing, and wealth management solutions, serving local retail consumers and small to medium-sized business clients across its regional operating markets.
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.
FINW vs RMAX — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $46.9M | $71.1M |
| Net Profit | $3.9M | $1.4M |
| Gross Margin | — | — |
| Operating Margin | 11.7% | 13.1% |
| Net Margin | 8.4% | 2.0% |
| Revenue YoY | 121.7% | -1.8% |
| Net Profit YoY | 40.1% | -75.2% |
| EPS (diluted) | $0.27 | — |
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 | $46.9M | $71.1M | ||
| Q3 25 | $36.7M | $73.2M | ||
| Q2 25 | $25.1M | $72.8M | ||
| Q1 25 | $22.1M | $74.5M | ||
| Q4 24 | $21.1M | $72.5M | ||
| Q3 24 | $20.8M | $78.5M | ||
| Q2 24 | $19.8M | $78.5M | ||
| Q1 24 | $19.7M | $78.3M |
| Q4 25 | $3.9M | $1.4M | ||
| Q3 25 | $4.9M | $4.0M | ||
| Q2 25 | $4.1M | $4.7M | ||
| Q1 25 | $3.2M | $-2.0M | ||
| Q4 24 | $2.8M | $5.8M | ||
| Q3 24 | $3.5M | $966.0K | ||
| Q2 24 | $3.2M | $3.7M | ||
| Q1 24 | $3.3M | $-3.4M |
| Q4 25 | 11.7% | 13.1% | ||
| Q3 25 | 17.5% | 25.0% | ||
| Q2 25 | 21.7% | 19.3% | ||
| Q1 25 | 20.1% | 7.2% | ||
| Q4 24 | 17.5% | 5.9% | ||
| Q3 24 | 22.2% | 19.4% | ||
| Q2 24 | 21.1% | 20.6% | ||
| Q1 24 | 22.9% | 5.8% |
| Q4 25 | 8.4% | 2.0% | ||
| Q3 25 | 13.3% | 5.4% | ||
| Q2 25 | 16.3% | 6.4% | ||
| Q1 25 | 14.4% | -2.6% | ||
| Q4 24 | 13.2% | 8.0% | ||
| Q3 24 | 16.6% | 1.2% | ||
| Q2 24 | 16.1% | 4.7% | ||
| Q1 24 | 16.9% | -4.3% |
| Q4 25 | $0.27 | — | ||
| Q3 25 | $0.34 | — | ||
| Q2 25 | $0.29 | — | ||
| Q1 25 | $0.23 | — | ||
| Q4 24 | $0.19 | — | ||
| Q3 24 | $0.25 | — | ||
| Q2 24 | $0.24 | — | ||
| Q1 24 | $0.25 | — |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $163.4M | $118.7M |
| Total DebtLower is stronger | — | $432.2M |
| Stockholders' EquityBook value | $193.2M | $452.4M |
| Total Assets | $977.1M | $582.5M |
| Debt / EquityLower = less leverage | — | 0.96× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $163.4M | $118.7M | ||
| Q3 25 | $105.6M | $107.5M | ||
| Q2 25 | $90.1M | $94.3M | ||
| Q1 25 | $120.3M | $89.1M | ||
| Q4 24 | $109.2M | $96.6M | ||
| Q3 24 | $85.8M | $83.8M | ||
| Q2 24 | $89.0M | $66.1M | ||
| Q1 24 | $115.8M | $82.1M |
| Q4 25 | — | $432.2M | ||
| Q3 25 | — | $433.3M | ||
| Q2 25 | — | $434.4M | ||
| Q1 25 | — | $435.3M | ||
| Q4 24 | — | $436.2M | ||
| Q3 24 | — | $437.2M | ||
| Q2 24 | — | $438.1M | ||
| Q1 24 | — | $439.0M |
| Q4 25 | $193.2M | $452.4M | ||
| Q3 25 | $187.8M | $448.1M | ||
| Q2 25 | $182.0M | $442.4M | ||
| Q1 25 | $177.4M | $433.5M | ||
| Q4 24 | $173.7M | $429.5M | ||
| Q3 24 | $170.4M | $423.1M | ||
| Q2 24 | $165.8M | $418.4M | ||
| Q1 24 | $162.5M | $412.0M |
| Q4 25 | $977.1M | $582.5M | ||
| Q3 25 | $899.9M | $582.2M | ||
| Q2 25 | $842.5M | $574.8M | ||
| Q1 25 | $804.1M | $571.4M | ||
| Q4 24 | $746.0M | $581.6M | ||
| Q3 24 | $683.0M | $578.6M | ||
| Q2 24 | $617.8M | $571.4M | ||
| Q1 24 | $610.8M | $566.7M |
| Q4 25 | — | 0.96× | ||
| Q3 25 | — | 0.97× | ||
| Q2 25 | — | 0.98× | ||
| Q1 25 | — | 1.00× | ||
| Q4 24 | — | 1.02× | ||
| Q3 24 | — | 1.03× | ||
| Q2 24 | — | 1.05× | ||
| Q1 24 | — | 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 | $-28.4M | $40.9M |
| Free Cash FlowOCF − Capex | $-28.6M | $33.5M |
| FCF MarginFCF / Revenue | -61.1% | 47.1% |
| Capex IntensityCapex / Revenue | 0.5% | 10.4% |
| Cash ConversionOCF / Net Profit | -7.26× | 28.39× |
| TTM Free Cash FlowTrailing 4 quarters | $-68.3M | $56.8M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-28.4M | $40.9M | ||
| Q3 25 | $3.5M | $17.7M | ||
| Q2 25 | $-18.3M | $4.6M | ||
| Q1 25 | $-21.6M | $5.7M | ||
| Q4 24 | $-15.0M | $59.7M | ||
| Q3 24 | $-9.8M | $17.6M | ||
| Q2 24 | $-7.6M | $15.9M | ||
| Q1 24 | $1.8M | $9.4M |
| Q4 25 | $-28.6M | $33.5M | ||
| Q3 25 | $3.4M | $16.4M | ||
| Q2 25 | $-19.8M | $2.9M | ||
| Q1 25 | $-23.3M | $4.0M | ||
| Q4 24 | $-16.1M | $53.0M | ||
| Q3 24 | $-13.4M | $16.3M | ||
| Q2 24 | $-7.7M | $14.0M | ||
| Q1 24 | $568.0K | $6.8M |
| Q4 25 | -61.1% | 47.1% | ||
| Q3 25 | 9.4% | 22.4% | ||
| Q2 25 | -79.0% | 4.0% | ||
| Q1 25 | -105.3% | 5.3% | ||
| Q4 24 | -76.0% | 73.2% | ||
| Q3 24 | -64.3% | 20.8% | ||
| Q2 24 | -38.7% | 17.8% | ||
| Q1 24 | 2.9% | 8.6% |
| Q4 25 | 0.5% | 10.4% | ||
| Q3 25 | 0.1% | 1.8% | ||
| Q2 25 | 5.8% | 2.2% | ||
| Q1 25 | 7.4% | 2.3% | ||
| Q4 24 | 5.1% | 9.1% | ||
| Q3 24 | 17.2% | 1.7% | ||
| Q2 24 | 0.3% | 2.4% | ||
| Q1 24 | 6.0% | 3.3% |
| Q4 25 | -7.26× | 28.39× | ||
| Q3 25 | 0.71× | 4.45× | ||
| Q2 25 | -4.48× | 0.97× | ||
| Q1 25 | -6.78× | — | ||
| Q4 24 | -5.37× | 10.28× | ||
| Q3 24 | -2.84× | 18.22× | ||
| Q2 24 | -2.39× | 4.29× | ||
| Q1 24 | 0.53× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
FINW
Segment breakdown not available.
RMAX
| Franchising Segment | $50.1M | 70% |
| Broker Fees | $13.9M | 20% |
| Annual Dues | $7.4M | 10% |
