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Side-by-side financial comparison of Redwire Corp (RDW) and RE/MAX Holdings, Inc. (RMAX). Click either name above to swap in a different company.

Redwire Corp is the larger business by last-quarter revenue ($108.8M vs $71.1M, roughly 1.5× RE/MAX Holdings, Inc.). RE/MAX Holdings, Inc. runs the higher net margin — 2.0% vs -78.6%, a 80.6% gap on every dollar of revenue. On growth, Redwire Corp posted the faster year-over-year revenue change (56.4% vs -1.8%). RE/MAX Holdings, Inc. produced more free cash flow last quarter ($33.5M vs $-26.5M). Over the past eight quarters, Redwire Corp's revenue compounded faster (11.3% CAGR vs -4.7%).

Redwire Corporation is an American aerospace manufacturer and space infrastructure technology company headquartered in Jacksonville, Florida. The company was formed on June 1, 2020, by the private equity firm AE Industrial Partners, through the combination of its portfolio companies Adcole Space and Deep Space Systems. Redwire went public in January 2021.

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.

RDW vs RMAX — Head-to-Head

Bigger by revenue
RDW
RDW
1.5× larger
RDW
$108.8M
$71.1M
RMAX
Growing faster (revenue YoY)
RDW
RDW
+58.2% gap
RDW
56.4%
-1.8%
RMAX
Higher net margin
RMAX
RMAX
80.6% more per $
RMAX
2.0%
-78.6%
RDW
More free cash flow
RMAX
RMAX
$60.0M more FCF
RMAX
$33.5M
$-26.5M
RDW
Faster 2-yr revenue CAGR
RDW
RDW
Annualised
RDW
11.3%
-4.7%
RMAX

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
RDW
RDW
RMAX
RMAX
Revenue
$108.8M
$71.1M
Net Profit
$-85.5M
$1.4M
Gross Margin
9.6%
Operating Margin
-75.0%
13.1%
Net Margin
-78.6%
2.0%
Revenue YoY
56.4%
-1.8%
Net Profit YoY
-27.3%
-75.2%
EPS (diluted)
$-0.49

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
RDW
RDW
RMAX
RMAX
Q4 25
$108.8M
$71.1M
Q3 25
$103.4M
$73.2M
Q2 25
$61.8M
$72.8M
Q1 25
$61.4M
$74.5M
Q4 24
$69.6M
$72.5M
Q3 24
$68.6M
$78.5M
Q2 24
$78.1M
$78.5M
Q1 24
$87.8M
$78.3M
Net Profit
RDW
RDW
RMAX
RMAX
Q4 25
$-85.5M
$1.4M
Q3 25
$-41.2M
$4.0M
Q2 25
$-97.0M
$4.7M
Q1 25
$-2.9M
$-2.0M
Q4 24
$-67.2M
$5.8M
Q3 24
$-21.0M
$966.0K
Q2 24
$-18.1M
$3.7M
Q1 24
$-8.1M
$-3.4M
Gross Margin
RDW
RDW
RMAX
RMAX
Q4 25
9.6%
Q3 25
16.3%
Q2 25
-30.9%
Q1 25
14.7%
Q4 24
6.6%
Q3 24
17.5%
Q2 24
16.6%
Q1 24
16.9%
Operating Margin
RDW
RDW
RMAX
RMAX
Q4 25
-75.0%
13.1%
Q3 25
-40.5%
25.0%
Q2 25
-148.8%
19.3%
Q1 25
-23.3%
7.2%
Q4 24
-27.3%
5.9%
Q3 24
-18.2%
19.4%
Q2 24
-9.1%
20.6%
Q1 24
-4.1%
5.8%
Net Margin
RDW
RDW
RMAX
RMAX
Q4 25
-78.6%
2.0%
Q3 25
-39.8%
5.4%
Q2 25
-157.0%
6.4%
Q1 25
-4.8%
-2.6%
Q4 24
-96.6%
8.0%
Q3 24
-30.5%
1.2%
Q2 24
-23.2%
4.7%
Q1 24
-9.2%
-4.3%
EPS (diluted)
RDW
RDW
RMAX
RMAX
Q4 25
$-0.49
Q3 25
$-0.29
Q2 25
$-1.41
Q1 25
$-0.09
Q4 24
$-1.39
Q3 24
$-0.37
Q2 24
$-0.42
Q1 24
$-0.17

Balance Sheet & Financial Strength

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

Metric
RDW
RDW
RMAX
RMAX
Cash + ST InvestmentsLiquidity on hand
$94.5M
$118.7M
Total DebtLower is stronger
$85.2M
$432.2M
Stockholders' EquityBook value
$1.1B
$452.4M
Total Assets
$1.4B
$582.5M
Debt / EquityLower = less leverage
0.08×
0.96×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
RDW
RDW
RMAX
RMAX
Q4 25
$94.5M
$118.7M
Q3 25
$52.3M
$107.5M
Q2 25
$76.5M
$94.3M
Q1 25
$89.1M
Q4 24
$33.7M
$96.6M
Q3 24
$27.8M
$83.8M
Q2 24
$30.8M
$66.1M
Q1 24
$32.6M
$82.1M
Total Debt
RDW
RDW
RMAX
RMAX
Q4 25
$85.2M
$432.2M
Q3 25
$191.0M
$433.3M
Q2 25
$190.7M
$434.4M
Q1 25
$105.2M
$435.3M
Q4 24
$125.7M
$436.2M
Q3 24
$123.3M
$437.2M
Q2 24
$95.4M
$438.1M
Q1 24
$90.5M
$439.0M
Stockholders' Equity
RDW
RDW
RMAX
RMAX
Q4 25
$1.1B
$452.4M
Q3 25
$928.0M
$448.1M
Q2 25
$907.6M
$442.4M
Q1 25
$-68.1M
$433.5M
Q4 24
$-188.7M
$429.5M
Q3 24
$-96.4M
$423.1M
Q2 24
$-78.3M
$418.4M
Q1 24
$-49.8M
$412.0M
Total Assets
RDW
RDW
RMAX
RMAX
Q4 25
$1.4B
$582.5M
Q3 25
$1.4B
$582.2M
Q2 25
$1.5B
$574.8M
Q1 25
$314.1M
$571.4M
Q4 24
$292.6M
$581.6M
Q3 24
$289.9M
$578.6M
Q2 24
$260.3M
$571.4M
Q1 24
$259.5M
$566.7M
Debt / Equity
RDW
RDW
RMAX
RMAX
Q4 25
0.08×
0.96×
Q3 25
0.21×
0.97×
Q2 25
0.21×
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
RDW
RDW
RMAX
RMAX
Operating Cash FlowLast quarter
$-24.3M
$40.9M
Free Cash FlowOCF − Capex
$-26.5M
$33.5M
FCF MarginFCF / Revenue
-24.3%
47.1%
Capex IntensityCapex / Revenue
2.0%
10.4%
Cash ConversionOCF / Net Profit
28.39×
TTM Free Cash FlowTrailing 4 quarters
$-190.8M
$56.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
RDW
RDW
RMAX
RMAX
Q4 25
$-24.3M
$40.9M
Q3 25
$-20.3M
$17.7M
Q2 25
$-87.7M
$4.6M
Q1 25
$-45.1M
$5.7M
Q4 24
$7.1M
$59.7M
Q3 24
$-17.7M
$17.6M
Q2 24
$-9.5M
$15.9M
Q1 24
$2.8M
$9.4M
Free Cash Flow
RDW
RDW
RMAX
RMAX
Q4 25
$-26.5M
$33.5M
Q3 25
$-26.9M
$16.4M
Q2 25
$-90.6M
$2.9M
Q1 25
$-46.9M
$4.0M
Q4 24
$4.7M
$53.0M
Q3 24
$-19.3M
$16.3M
Q2 24
$-10.4M
$14.0M
Q1 24
$1.2M
$6.8M
FCF Margin
RDW
RDW
RMAX
RMAX
Q4 25
-24.3%
47.1%
Q3 25
-26.0%
22.4%
Q2 25
-146.7%
4.0%
Q1 25
-76.3%
5.3%
Q4 24
6.8%
73.2%
Q3 24
-28.1%
20.8%
Q2 24
-13.3%
17.8%
Q1 24
1.4%
8.6%
Capex Intensity
RDW
RDW
RMAX
RMAX
Q4 25
2.0%
10.4%
Q3 25
6.3%
1.8%
Q2 25
4.8%
2.2%
Q1 25
2.9%
2.3%
Q4 24
3.4%
9.1%
Q3 24
2.3%
1.7%
Q2 24
1.2%
2.4%
Q1 24
1.8%
3.3%
Cash Conversion
RDW
RDW
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

RDW
RDW

Segment breakdown not available.

RMAX
RMAX

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

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