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

Real Brokerage Inc is the larger business by last-quarter revenue ($568.5M vs $366.7M, roughly 1.6× Shake Shack Inc.). Real Brokerage Inc runs the higher net margin — -0.1% vs -0.1%, a 0.0% gap on every dollar of revenue. On growth, Real Brokerage Inc posted the faster year-over-year revenue change (52.6% vs 14.3%).

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.

Shake Shack is an American multinational fast casual restaurant chain based in New York City. It started out as a hot dog cart inside Madison Square Park in 2001, and its popularity steadily grew. In 2004, it received a permit to open a permanent kiosk within the park, expanding its menu from New York–style hot dogs to one with hamburgers, hot dogs, fries and its namesake milkshakes.

REAX vs SHAK — Head-to-Head

Bigger by revenue
REAX
REAX
1.6× larger
REAX
$568.5M
$366.7M
SHAK
Growing faster (revenue YoY)
REAX
REAX
+38.4% gap
REAX
52.6%
14.3%
SHAK
Higher net margin
REAX
REAX
0.0% more per $
REAX
-0.1%
-0.1%
SHAK

Income Statement — Q3 FY2025 vs Q1 FY2026

Metric
REAX
REAX
SHAK
SHAK
Revenue
$568.5M
$366.7M
Net Profit
$-447.0K
$-294.0K
Gross Margin
7.9%
Operating Margin
-0.1%
Net Margin
-0.1%
-0.1%
Revenue YoY
52.6%
14.3%
Net Profit YoY
82.7%
EPS (diluted)
$0.00
$-0.01

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
REAX
REAX
SHAK
SHAK
Q1 26
$366.7M
Q4 25
$400.5M
Q3 25
$568.5M
$367.4M
Q2 25
$540.7M
$356.5M
Q1 25
$354.0M
$320.9M
Q4 24
$328.7M
Q3 24
$372.5M
$316.9M
Q2 24
$316.5M
Net Profit
REAX
REAX
SHAK
SHAK
Q1 26
$-294.0K
Q4 25
$11.8M
Q3 25
$-447.0K
$12.5M
Q2 25
$1.5M
$17.1M
Q1 25
$-5.0M
$4.2M
Q4 24
$8.7M
Q3 24
$-2.6M
$-10.2M
Q2 24
$9.7M
Gross Margin
REAX
REAX
SHAK
SHAK
Q1 26
Q4 25
Q3 25
7.9%
Q2 25
8.9%
Q1 25
9.6%
Q4 24
Q3 24
8.6%
Q2 24
Operating Margin
REAX
REAX
SHAK
SHAK
Q1 26
Q4 25
4.7%
Q3 25
-0.1%
5.0%
Q2 25
0.3%
6.3%
Q1 25
-1.5%
0.9%
Q4 24
3.1%
Q3 24
-0.7%
-5.7%
Q2 24
3.4%
Net Margin
REAX
REAX
SHAK
SHAK
Q1 26
-0.1%
Q4 25
3.0%
Q3 25
-0.1%
3.4%
Q2 25
0.3%
4.8%
Q1 25
-1.4%
1.3%
Q4 24
2.6%
Q3 24
-0.7%
-3.2%
Q2 24
3.1%
EPS (diluted)
REAX
REAX
SHAK
SHAK
Q1 26
$-0.01
Q4 25
$0.28
Q3 25
$0.00
$0.30
Q2 25
$0.01
$0.41
Q1 25
$-0.02
$0.10
Q4 24
$0.22
Q3 24
$-0.01
$-0.26
Q2 24
$0.23

Balance Sheet & Financial Strength

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

Metric
REAX
REAX
SHAK
SHAK
Cash + ST InvestmentsLiquidity on hand
$38.7M
$313.6M
Total DebtLower is stronger
$248.0M
Stockholders' EquityBook value
$53.6M
$554.6M
Total Assets
$145.2M
$1.9B
Debt / EquityLower = less leverage
0.45×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
REAX
REAX
SHAK
SHAK
Q1 26
$313.6M
Q4 25
$360.1M
Q3 25
$38.7M
$357.8M
Q2 25
$49.7M
$336.8M
Q1 25
$24.7M
$312.9M
Q4 24
$320.7M
Q3 24
$22.6M
$310.9M
Q2 24
$304.4M
Total Debt
REAX
REAX
SHAK
SHAK
Q1 26
$248.0M
Q4 25
$247.7M
Q3 25
$247.5M
Q2 25
$247.2M
Q1 25
$246.9M
Q4 24
$246.7M
Q3 24
$246.4M
Q2 24
$246.2M
Stockholders' Equity
REAX
REAX
SHAK
SHAK
Q1 26
$554.6M
Q4 25
$525.3M
Q3 25
$53.6M
$509.0M
Q2 25
$49.2M
$494.1M
Q1 25
$32.8M
$473.3M
Q4 24
$470.0M
Q3 24
$29.8M
$456.1M
Q2 24
$462.4M
Total Assets
REAX
REAX
SHAK
SHAK
Q1 26
$1.9B
Q4 25
$1.9B
Q3 25
$145.2M
$1.8B
Q2 25
$149.4M
$1.8B
Q1 25
$100.5M
$1.7B
Q4 24
$1.7B
Q3 24
$102.5M
$1.7B
Q2 24
$1.7B
Debt / Equity
REAX
REAX
SHAK
SHAK
Q1 26
0.45×
Q4 25
0.47×
Q3 25
0.49×
Q2 25
0.50×
Q1 25
0.52×
Q4 24
0.52×
Q3 24
0.54×
Q2 24
0.53×

Cash Flow & Capital Efficiency

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

Metric
REAX
REAX
SHAK
SHAK
Operating Cash FlowLast quarter
$8.8M
$8.5M
Free Cash FlowOCF − Capex
$8.4M
FCF MarginFCF / Revenue
1.5%
Capex IntensityCapex / Revenue
0.1%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$71.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
REAX
REAX
SHAK
SHAK
Q1 26
$8.5M
Q4 25
$63.1M
Q3 25
$8.8M
$63.0M
Q2 25
$41.0M
$65.0M
Q1 25
$15.9M
$31.2M
Q4 24
$45.1M
Q3 24
$7.2M
$41.9M
Q2 24
$53.5M
Free Cash Flow
REAX
REAX
SHAK
SHAK
Q1 26
Q4 25
$4.0M
Q3 25
$8.4M
$23.7M
Q2 25
$40.8M
$26.9M
Q1 25
$15.7M
$1.9M
Q4 24
$10.4M
Q3 24
$6.8M
$7.1M
Q2 24
$20.6M
FCF Margin
REAX
REAX
SHAK
SHAK
Q1 26
Q4 25
1.0%
Q3 25
1.5%
6.5%
Q2 25
7.5%
7.5%
Q1 25
4.4%
0.6%
Q4 24
3.2%
Q3 24
1.8%
2.2%
Q2 24
6.5%
Capex Intensity
REAX
REAX
SHAK
SHAK
Q1 26
Q4 25
14.8%
Q3 25
0.1%
10.7%
Q2 25
0.0%
10.7%
Q1 25
0.1%
9.1%
Q4 24
10.6%
Q3 24
0.1%
11.0%
Q2 24
10.4%
Cash Conversion
REAX
REAX
SHAK
SHAK
Q1 26
Q4 25
5.34×
Q3 25
5.04×
Q2 25
27.13×
3.79×
Q1 25
7.36×
Q4 24
5.18×
Q3 24
Q2 24
5.54×

Financial Flow Comparison

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

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