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

Real Brokerage Inc is the larger business by last-quarter revenue ($568.5M vs $285.2M, roughly 2.0× Freshpet, Inc.). Freshpet, Inc. runs the higher net margin — 11.9% vs -0.1%, a 11.9% gap on every dollar of revenue. On growth, Real Brokerage Inc posted the faster year-over-year revenue change (52.6% vs 8.6%). Real Brokerage Inc produced more free cash flow last quarter ($8.4M vs $2.1M).

Freshpet, Inc. is an American pet food company. Its cat food and dog food products are marketed as fresh and need to be kept refrigerated. It is listed on the Nasdaq exchange with the ticker symbol FRPT.

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.

FRPT vs REAX — Head-to-Head

Bigger by revenue
REAX
REAX
2.0× larger
REAX
$568.5M
$285.2M
FRPT
Growing faster (revenue YoY)
REAX
REAX
+44.1% gap
REAX
52.6%
8.6%
FRPT
Higher net margin
FRPT
FRPT
11.9% more per $
FRPT
11.9%
-0.1%
REAX
More free cash flow
REAX
REAX
$6.4M more FCF
REAX
$8.4M
$2.1M
FRPT

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
FRPT
FRPT
REAX
REAX
Revenue
$285.2M
$568.5M
Net Profit
$33.8M
$-447.0K
Gross Margin
43.3%
7.9%
Operating Margin
15.6%
-0.1%
Net Margin
11.9%
-0.1%
Revenue YoY
8.6%
52.6%
Net Profit YoY
86.6%
82.7%
EPS (diluted)
$0.71
$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
FRPT
FRPT
REAX
REAX
Q4 25
$285.2M
Q3 25
$288.8M
$568.5M
Q2 25
$264.7M
$540.7M
Q1 25
$263.2M
$354.0M
Q4 24
$262.7M
Q3 24
$253.4M
$372.5M
Q2 24
$235.3M
Q1 24
$223.8M
$200.7M
Net Profit
FRPT
FRPT
REAX
REAX
Q4 25
$33.8M
Q3 25
$101.7M
$-447.0K
Q2 25
$16.4M
$1.5M
Q1 25
$-12.7M
$-5.0M
Q4 24
$18.1M
Q3 24
$11.9M
$-2.6M
Q2 24
$-1.7M
Q1 24
$18.6M
$-16.1M
Gross Margin
FRPT
FRPT
REAX
REAX
Q4 25
43.3%
Q3 25
39.5%
7.9%
Q2 25
40.9%
8.9%
Q1 25
39.4%
9.6%
Q4 24
42.5%
Q3 24
40.4%
8.6%
Q2 24
39.9%
Q1 24
39.4%
10.3%
Operating Margin
FRPT
FRPT
REAX
REAX
Q4 25
15.6%
Q3 25
8.6%
-0.1%
Q2 25
6.7%
0.3%
Q1 25
-4.4%
-1.5%
Q4 24
7.4%
Q3 24
4.7%
-0.7%
Q2 24
-0.7%
Q1 24
3.8%
-7.8%
Net Margin
FRPT
FRPT
REAX
REAX
Q4 25
11.9%
Q3 25
35.2%
-0.1%
Q2 25
6.2%
0.3%
Q1 25
-4.8%
-1.4%
Q4 24
6.9%
Q3 24
4.7%
-0.7%
Q2 24
-0.7%
Q1 24
8.3%
-8.0%
EPS (diluted)
FRPT
FRPT
REAX
REAX
Q4 25
$0.71
Q3 25
$1.86
$0.00
Q2 25
$0.33
$0.01
Q1 25
$-0.26
$-0.02
Q4 24
$0.35
Q3 24
$0.24
$-0.01
Q2 24
$-0.03
Q1 24
$0.37
$-0.09

Balance Sheet & Financial Strength

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

Metric
FRPT
FRPT
REAX
REAX
Cash + ST InvestmentsLiquidity on hand
$278.0M
$38.7M
Total DebtLower is stronger
Stockholders' EquityBook value
$1.2B
$53.6M
Total Assets
$1.8B
$145.2M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FRPT
FRPT
REAX
REAX
Q4 25
$278.0M
Q3 25
$274.6M
$38.7M
Q2 25
$243.7M
$49.7M
Q1 25
$243.7M
$24.7M
Q4 24
$268.6M
Q3 24
$274.6M
$22.6M
Q2 24
$251.7M
Q1 24
$257.9M
$20.1M
Stockholders' Equity
FRPT
FRPT
REAX
REAX
Q4 25
$1.2B
Q3 25
$1.2B
$53.6M
Q2 25
$1.1B
$49.2M
Q1 25
$1.0B
$32.8M
Q4 24
$1.1B
Q3 24
$1.0B
$29.8M
Q2 24
$995.8M
Q1 24
$977.8M
$25.6M
Total Assets
FRPT
FRPT
REAX
REAX
Q4 25
$1.8B
Q3 25
$1.7B
$145.2M
Q2 25
$1.6B
$149.4M
Q1 25
$1.6B
$100.5M
Q4 24
$1.6B
Q3 24
$1.5B
$102.5M
Q2 24
$1.5B
Q1 24
$1.5B

Cash Flow & Capital Efficiency

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

Metric
FRPT
FRPT
REAX
REAX
Operating Cash FlowLast quarter
$55.1M
$8.8M
Free Cash FlowOCF − Capex
$2.1M
$8.4M
FCF MarginFCF / Revenue
0.7%
1.5%
Capex IntensityCapex / Revenue
18.6%
0.1%
Cash ConversionOCF / Net Profit
1.63×
TTM Free Cash FlowTrailing 4 quarters
$12.4M
$71.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FRPT
FRPT
REAX
REAX
Q4 25
$55.1M
Q3 25
$66.8M
$8.8M
Q2 25
$33.9M
$41.0M
Q1 25
$4.8M
$15.9M
Q4 24
$50.4M
Q3 24
$56.1M
$7.2M
Q2 24
$42.4M
Q1 24
$5.4M
$21.5M
Free Cash Flow
FRPT
FRPT
REAX
REAX
Q4 25
$2.1M
Q3 25
$31.6M
$8.4M
Q2 25
$445.0K
$40.8M
Q1 25
$-21.7M
$15.7M
Q4 24
$-7.9M
Q3 24
$22.1M
$6.8M
Q2 24
$-5.9M
Q1 24
$-41.1M
$21.4M
FCF Margin
FRPT
FRPT
REAX
REAX
Q4 25
0.7%
Q3 25
10.9%
1.5%
Q2 25
0.2%
7.5%
Q1 25
-8.2%
4.4%
Q4 24
-3.0%
Q3 24
8.7%
1.8%
Q2 24
-2.5%
Q1 24
-18.3%
10.7%
Capex Intensity
FRPT
FRPT
REAX
REAX
Q4 25
18.6%
Q3 25
12.2%
0.1%
Q2 25
12.6%
0.0%
Q1 25
10.1%
0.1%
Q4 24
22.2%
Q3 24
13.4%
0.1%
Q2 24
20.5%
Q1 24
20.8%
0.0%
Cash Conversion
FRPT
FRPT
REAX
REAX
Q4 25
1.63×
Q3 25
0.66×
Q2 25
2.07×
27.13×
Q1 25
Q4 24
2.78×
Q3 24
4.72×
Q2 24
Q1 24
0.29×

Financial Flow Comparison

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

Revenue Breakdown by Segment

FRPT
FRPT

Sales Channel Grocery Mass International And Digital$228.4M80%
Sales Channel Pet Specialty And Club$56.8M20%

REAX
REAX

Segment breakdown not available.

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