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Side-by-side financial comparison of NETSTREIT Corp. (NTST) 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 $57.1M, roughly 1.2× NETSTREIT Corp.). NETSTREIT Corp. runs the higher net margin — 10.0% vs 2.0%, a 8.0% gap on every dollar of revenue. On growth, NETSTREIT Corp. posted the faster year-over-year revenue change (24.3% vs -1.8%). Over the past eight quarters, NETSTREIT Corp.'s revenue compounded faster (20.1% CAGR vs -4.7%).
NETSTREIT Corp. is a US-headquartered real estate investment trust (REIT) that specializes in acquiring and operating a diversified portfolio of single-tenant net lease commercial properties. Its asset portfolio covers retail, industrial and office categories, primarily catering to investment-grade corporate tenants across the United States market.
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.
NTST vs RMAX — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $57.1M | $71.1M |
| Net Profit | $5.7M | $1.4M |
| Gross Margin | — | — |
| Operating Margin | 34.1% | 13.1% |
| Net Margin | 10.0% | 2.0% |
| Revenue YoY | 24.3% | -1.8% |
| Net Profit YoY | 235.9% | -75.2% |
| EPS (diluted) | $0.32 | — |
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.
| Q1 26 | $57.1M | — | ||
| Q4 25 | $52.5M | $71.1M | ||
| Q3 25 | $48.3M | $73.2M | ||
| Q2 25 | $48.3M | $72.8M | ||
| Q1 25 | $45.9M | $74.5M | ||
| Q4 24 | $44.1M | $72.5M | ||
| Q3 24 | $41.4M | $78.5M | ||
| Q2 24 | $39.6M | $78.5M |
| Q1 26 | $5.7M | — | ||
| Q4 25 | $1.3M | $1.4M | ||
| Q3 25 | $618.0K | $4.0M | ||
| Q2 25 | $3.3M | $4.7M | ||
| Q1 25 | $1.7M | $-2.0M | ||
| Q4 24 | $-5.4M | $5.8M | ||
| Q3 24 | $-5.3M | $966.0K | ||
| Q2 24 | $-2.3M | $3.7M |
| Q1 26 | 34.1% | — | ||
| Q4 25 | 2.6% | 13.1% | ||
| Q3 25 | 1.3% | 25.0% | ||
| Q2 25 | 6.8% | 19.3% | ||
| Q1 25 | 3.7% | 7.2% | ||
| Q4 24 | -12.3% | 5.9% | ||
| Q3 24 | -12.8% | 19.4% | ||
| Q2 24 | -5.8% | 20.6% |
| Q1 26 | 10.0% | — | ||
| Q4 25 | 2.5% | 2.0% | ||
| Q3 25 | 1.3% | 5.4% | ||
| Q2 25 | 6.8% | 6.4% | ||
| Q1 25 | 3.7% | -2.6% | ||
| Q4 24 | -12.3% | 8.0% | ||
| Q3 24 | -12.8% | 1.2% | ||
| Q2 24 | -5.8% | 4.7% |
| Q1 26 | $0.32 | — | ||
| Q4 25 | $0.01 | — | ||
| Q3 25 | $0.01 | — | ||
| Q2 25 | $0.04 | — | ||
| Q1 25 | $0.02 | — | ||
| Q4 24 | $-0.07 | — | ||
| Q3 24 | $-0.07 | — | ||
| Q2 24 | $-0.03 | — |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $118.7M |
| Total DebtLower is stronger | — | $432.2M |
| Stockholders' EquityBook value | $1.5B | $452.4M |
| Total Assets | $2.8B | $582.5M |
| Debt / EquityLower = less leverage | — | 0.96× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| 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 26 | — | — | ||
| Q4 25 | $1.1B | $432.2M | ||
| Q3 25 | $1.1B | $433.3M | ||
| Q2 25 | $926.6M | $434.4M | ||
| Q1 25 | $913.3M | $435.3M | ||
| Q4 24 | $868.3M | $436.2M | ||
| Q3 24 | $778.7M | $437.2M | ||
| Q2 24 | $726.2M | $438.1M |
| Q1 26 | $1.5B | — | ||
| Q4 25 | $1.4B | $452.4M | ||
| Q3 25 | $1.3B | $448.1M | ||
| Q2 25 | $1.3B | $442.4M | ||
| Q1 25 | $1.3B | $433.5M | ||
| Q4 24 | $1.3B | $429.5M | ||
| Q3 24 | $1.3B | $423.1M | ||
| Q2 24 | $1.3B | $418.4M |
| Q1 26 | $2.8B | — | ||
| Q4 25 | $2.6B | $582.5M | ||
| Q3 25 | $2.5B | $582.2M | ||
| Q2 25 | $2.3B | $574.8M | ||
| Q1 25 | $2.3B | $571.4M | ||
| Q4 24 | $2.3B | $581.6M | ||
| Q3 24 | $2.2B | $578.6M | ||
| Q2 24 | $2.1B | $571.4M |
| Q1 26 | — | — | ||
| Q4 25 | 0.76× | 0.96× | ||
| Q3 25 | 0.84× | 0.97× | ||
| Q2 25 | 0.70× | 0.98× | ||
| Q1 25 | 0.70× | 1.00× | ||
| Q4 24 | 0.65× | 1.02× | ||
| Q3 24 | 0.58× | 1.03× | ||
| Q2 24 | 0.55× | 1.05× |
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 | — | $40.9M |
| Free Cash FlowOCF − Capex | — | $33.5M |
| FCF MarginFCF / Revenue | — | 47.1% |
| Capex IntensityCapex / Revenue | — | 10.4% |
| Cash ConversionOCF / Net Profit | — | 28.39× |
| TTM Free Cash FlowTrailing 4 quarters | — | $56.8M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $109.5M | $40.9M | ||
| Q3 25 | $28.0M | $17.7M | ||
| Q2 25 | $30.6M | $4.6M | ||
| Q1 25 | $22.1M | $5.7M | ||
| Q4 24 | $90.2M | $59.7M | ||
| Q3 24 | $25.1M | $17.6M | ||
| Q2 24 | $25.4M | $15.9M |
| Q1 26 | — | — | ||
| Q4 25 | — | $33.5M | ||
| Q3 25 | — | $16.4M | ||
| Q2 25 | — | $2.9M | ||
| Q1 25 | — | $4.0M | ||
| Q4 24 | — | $53.0M | ||
| Q3 24 | — | $16.3M | ||
| Q2 24 | — | $14.0M |
| Q1 26 | — | — | ||
| Q4 25 | — | 47.1% | ||
| Q3 25 | — | 22.4% | ||
| Q2 25 | — | 4.0% | ||
| Q1 25 | — | 5.3% | ||
| Q4 24 | — | 73.2% | ||
| Q3 24 | — | 20.8% | ||
| Q2 24 | — | 17.8% |
| Q1 26 | — | — | ||
| Q4 25 | — | 10.4% | ||
| Q3 25 | — | 1.8% | ||
| Q2 25 | — | 2.2% | ||
| Q1 25 | — | 2.3% | ||
| Q4 24 | — | 9.1% | ||
| Q3 24 | — | 1.7% | ||
| Q2 24 | — | 2.4% |
| Q1 26 | — | — | ||
| Q4 25 | 82.46× | 28.39× | ||
| Q3 25 | 45.27× | 4.45× | ||
| Q2 25 | 9.36× | 0.97× | ||
| Q1 25 | 13.06× | — | ||
| Q4 24 | — | 10.28× | ||
| Q3 24 | — | 18.22× | ||
| Q2 24 | — | 4.29× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
NTST
| Rental revenue (including reimbursable) | $54.0M | 95% |
| Other | $3.0M | 5% |
RMAX
| Franchising Segment | $50.1M | 70% |
| Broker Fees | $13.9M | 20% |
| Annual Dues | $7.4M | 10% |
