vs

Side-by-side financial comparison of Omada Health, Inc. (OMDA) 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 $68.0M, roughly 1.0× Omada Health, Inc.). RE/MAX Holdings, Inc. runs the higher net margin — 2.0% vs -4.7%, a 6.7% gap on every dollar of revenue. RE/MAX Holdings, Inc. produced more free cash flow last quarter ($33.5M vs $9.6M).

Omada Health, Inc. is a leading US-based digital chronic care management company. It offers evidence-based, personalized care programs for conditions including type 2 diabetes, hypertension, musculoskeletal disorders and mental health concerns, serving employers, health plans and health system clients across the United States, paired with professional coaching and digital tracking tools to support sustained member health improvements.

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.

OMDA vs RMAX — Head-to-Head

Bigger by revenue
RMAX
RMAX
1.0× larger
RMAX
$71.1M
$68.0M
OMDA
Higher net margin
RMAX
RMAX
6.7% more per $
RMAX
2.0%
-4.7%
OMDA
More free cash flow
RMAX
RMAX
$23.9M more FCF
RMAX
$33.5M
$9.6M
OMDA

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
OMDA
OMDA
RMAX
RMAX
Revenue
$68.0M
$71.1M
Net Profit
$-3.2M
$1.4M
Gross Margin
66.3%
Operating Margin
-3.7%
13.1%
Net Margin
-4.7%
2.0%
Revenue YoY
-1.8%
Net Profit YoY
-75.2%
EPS (diluted)
$-0.06

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
OMDA
OMDA
RMAX
RMAX
Q4 25
$71.1M
Q3 25
$68.0M
$73.2M
Q2 25
$61.4M
$72.8M
Q1 25
$74.5M
Q4 24
$72.5M
Q3 24
$78.5M
Q2 24
$78.5M
Q1 24
$78.3M
Net Profit
OMDA
OMDA
RMAX
RMAX
Q4 25
$1.4M
Q3 25
$-3.2M
$4.0M
Q2 25
$-5.3M
$4.7M
Q1 25
$-2.0M
Q4 24
$5.8M
Q3 24
$966.0K
Q2 24
$3.7M
Q1 24
$-3.4M
Gross Margin
OMDA
OMDA
RMAX
RMAX
Q4 25
Q3 25
66.3%
Q2 25
65.7%
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Operating Margin
OMDA
OMDA
RMAX
RMAX
Q4 25
13.1%
Q3 25
-3.7%
25.0%
Q2 25
-7.1%
19.3%
Q1 25
7.2%
Q4 24
5.9%
Q3 24
19.4%
Q2 24
20.6%
Q1 24
5.8%
Net Margin
OMDA
OMDA
RMAX
RMAX
Q4 25
2.0%
Q3 25
-4.7%
5.4%
Q2 25
-8.7%
6.4%
Q1 25
-2.6%
Q4 24
8.0%
Q3 24
1.2%
Q2 24
4.7%
Q1 24
-4.3%
EPS (diluted)
OMDA
OMDA
RMAX
RMAX
Q4 25
Q3 25
$-0.06
Q2 25
$-0.24
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24

Balance Sheet & Financial Strength

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

Metric
OMDA
OMDA
RMAX
RMAX
Cash + ST InvestmentsLiquidity on hand
$198.6M
$118.7M
Total DebtLower is stronger
$0
$432.2M
Stockholders' EquityBook value
$217.3M
$452.4M
Total Assets
$287.5M
$582.5M
Debt / EquityLower = less leverage
0.00×
0.96×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
OMDA
OMDA
RMAX
RMAX
Q4 25
$118.7M
Q3 25
$198.6M
$107.5M
Q2 25
$223.1M
$94.3M
Q1 25
$89.1M
Q4 24
$96.6M
Q3 24
$83.8M
Q2 24
$66.1M
Q1 24
$82.1M
Total Debt
OMDA
OMDA
RMAX
RMAX
Q4 25
$432.2M
Q3 25
$0
$433.3M
Q2 25
$30.0M
$434.4M
Q1 25
$435.3M
Q4 24
$436.2M
Q3 24
$437.2M
Q2 24
$438.1M
Q1 24
$439.0M
Stockholders' Equity
OMDA
OMDA
RMAX
RMAX
Q4 25
$452.4M
Q3 25
$217.3M
$448.1M
Q2 25
$214.2M
$442.4M
Q1 25
$433.5M
Q4 24
$429.5M
Q3 24
$423.1M
Q2 24
$418.4M
Q1 24
$412.0M
Total Assets
OMDA
OMDA
RMAX
RMAX
Q4 25
$582.5M
Q3 25
$287.5M
$582.2M
Q2 25
$303.0M
$574.8M
Q1 25
$571.4M
Q4 24
$581.6M
Q3 24
$578.6M
Q2 24
$571.4M
Q1 24
$566.7M
Debt / Equity
OMDA
OMDA
RMAX
RMAX
Q4 25
0.96×
Q3 25
0.00×
0.97×
Q2 25
0.14×
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
OMDA
OMDA
RMAX
RMAX
Operating Cash FlowLast quarter
$10.1M
$40.9M
Free Cash FlowOCF − Capex
$9.6M
$33.5M
FCF MarginFCF / Revenue
14.1%
47.1%
Capex IntensityCapex / Revenue
0.8%
10.4%
Cash ConversionOCF / Net Profit
28.39×
TTM Free Cash FlowTrailing 4 quarters
$56.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
OMDA
OMDA
RMAX
RMAX
Q4 25
$40.9M
Q3 25
$10.1M
$17.7M
Q2 25
$-13.3M
$4.6M
Q1 25
$5.7M
Q4 24
$59.7M
Q3 24
$17.6M
Q2 24
$15.9M
Q1 24
$9.4M
Free Cash Flow
OMDA
OMDA
RMAX
RMAX
Q4 25
$33.5M
Q3 25
$9.6M
$16.4M
Q2 25
$-13.8M
$2.9M
Q1 25
$4.0M
Q4 24
$53.0M
Q3 24
$16.3M
Q2 24
$14.0M
Q1 24
$6.8M
FCF Margin
OMDA
OMDA
RMAX
RMAX
Q4 25
47.1%
Q3 25
14.1%
22.4%
Q2 25
-22.6%
4.0%
Q1 25
5.3%
Q4 24
73.2%
Q3 24
20.8%
Q2 24
17.8%
Q1 24
8.6%
Capex Intensity
OMDA
OMDA
RMAX
RMAX
Q4 25
10.4%
Q3 25
0.8%
1.8%
Q2 25
1.0%
2.2%
Q1 25
2.3%
Q4 24
9.1%
Q3 24
1.7%
Q2 24
2.4%
Q1 24
3.3%
Cash Conversion
OMDA
OMDA
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

OMDA
OMDA

Services$62.9M93%
Hardware$5.1M7%

RMAX
RMAX

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

Related Comparisons