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

Real Brokerage Inc is the larger business by last-quarter revenue ($568.5M vs $305.9M, roughly 1.9× Strategic Education, Inc.). Strategic Education, Inc. runs the higher net margin — 10.7% vs -0.1%, a 10.8% gap on every dollar of revenue. On growth, Real Brokerage Inc posted the faster year-over-year revenue change (52.6% vs 0.8%). Strategic Education, Inc. produced more free cash flow last quarter ($77.3M vs $8.4M).

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.

Strategic Education, Inc. (SEI) is an education services holding company and is formerly known as Strayer Education, Inc. The company owns for-profit, online Capella University and Strayer University, as well as non-degree programs schools such as DevMountain, Hackbright Academy, and Sophia Learning.

REAX vs STRA — Head-to-Head

Bigger by revenue
REAX
REAX
1.9× larger
REAX
$568.5M
$305.9M
STRA
Growing faster (revenue YoY)
REAX
REAX
+51.9% gap
REAX
52.6%
0.8%
STRA
Higher net margin
STRA
STRA
10.8% more per $
STRA
10.7%
-0.1%
REAX
More free cash flow
STRA
STRA
$68.9M more FCF
STRA
$77.3M
$8.4M
REAX

Income Statement — Q3 FY2025 vs Q1 FY2026

Metric
REAX
REAX
STRA
STRA
Revenue
$568.5M
$305.9M
Net Profit
$-447.0K
$32.8M
Gross Margin
7.9%
Operating Margin
-0.1%
13.4%
Net Margin
-0.1%
10.7%
Revenue YoY
52.6%
0.8%
Net Profit YoY
82.7%
10.3%
EPS (diluted)
$0.00
$1.48

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
STRA
STRA
Q1 26
$305.9M
Q4 25
$323.2M
Q3 25
$568.5M
$319.9M
Q2 25
$540.7M
$321.5M
Q1 25
$354.0M
$303.6M
Q4 24
$311.5M
Q3 24
$372.5M
$306.0M
Q2 24
$312.3M
Net Profit
REAX
REAX
STRA
STRA
Q1 26
$32.8M
Q4 25
$37.9M
Q3 25
$-447.0K
$26.6M
Q2 25
$1.5M
$32.3M
Q1 25
$-5.0M
$29.7M
Q4 24
$25.3M
Q3 24
$-2.6M
$27.7M
Q2 24
$29.9M
Gross Margin
REAX
REAX
STRA
STRA
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
STRA
STRA
Q1 26
13.4%
Q4 25
16.0%
Q3 25
-0.1%
11.6%
Q2 25
0.3%
14.2%
Q1 25
-1.5%
13.1%
Q4 24
11.6%
Q3 24
-0.7%
11.9%
Q2 24
13.4%
Net Margin
REAX
REAX
STRA
STRA
Q1 26
10.7%
Q4 25
11.7%
Q3 25
-0.1%
8.3%
Q2 25
0.3%
10.1%
Q1 25
-1.4%
9.8%
Q4 24
8.1%
Q3 24
-0.7%
9.1%
Q2 24
9.6%
EPS (diluted)
REAX
REAX
STRA
STRA
Q1 26
$1.48
Q4 25
$1.65
Q3 25
$0.00
$1.15
Q2 25
$0.01
$1.37
Q1 25
$-0.02
$1.24
Q4 24
$1.05
Q3 24
$-0.01
$1.15
Q2 24
$1.24

Balance Sheet & Financial Strength

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

Metric
REAX
REAX
STRA
STRA
Cash + ST InvestmentsLiquidity on hand
$38.7M
$150.3M
Total DebtLower is stronger
Stockholders' EquityBook value
$53.6M
$1.6B
Total Assets
$145.2M
$2.1B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
REAX
REAX
STRA
STRA
Q1 26
$150.3M
Q4 25
$148.1M
Q3 25
$38.7M
$172.6M
Q2 25
$49.7M
$164.9M
Q1 25
$24.7M
$182.6M
Q4 24
$184.0M
Q3 24
$22.6M
$222.1M
Q2 24
$256.2M
Stockholders' Equity
REAX
REAX
STRA
STRA
Q1 26
$1.6B
Q4 25
$1.6B
Q3 25
$53.6M
$1.7B
Q2 25
$49.2M
$1.7B
Q1 25
$32.8M
$1.6B
Q4 24
$1.7B
Q3 24
$29.8M
$1.7B
Q2 24
$1.7B
Total Assets
REAX
REAX
STRA
STRA
Q1 26
$2.1B
Q4 25
$2.0B
Q3 25
$145.2M
$2.1B
Q2 25
$149.4M
$2.1B
Q1 25
$100.5M
$2.1B
Q4 24
$2.0B
Q3 24
$102.5M
$2.2B
Q2 24
$2.2B

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
STRA
STRA
Operating Cash FlowLast quarter
$8.8M
$87.4M
Free Cash FlowOCF − Capex
$8.4M
$77.3M
FCF MarginFCF / Revenue
1.5%
25.3%
Capex IntensityCapex / Revenue
0.1%
Cash ConversionOCF / Net Profit
2.66×
TTM Free Cash FlowTrailing 4 quarters
$71.7M
$173.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
REAX
REAX
STRA
STRA
Q1 26
$87.4M
Q4 25
$39.2M
Q3 25
$8.8M
$60.1M
Q2 25
$41.0M
$31.2M
Q1 25
$15.9M
$67.7M
Q4 24
$15.9M
Q3 24
$7.2M
$51.5M
Q2 24
$24.3M
Free Cash Flow
REAX
REAX
STRA
STRA
Q1 26
$77.3M
Q4 25
$27.0M
Q3 25
$8.4M
$49.3M
Q2 25
$40.8M
$20.4M
Q1 25
$15.7M
$57.3M
Q4 24
$4.7M
Q3 24
$6.8M
$42.1M
Q2 24
$13.6M
FCF Margin
REAX
REAX
STRA
STRA
Q1 26
25.3%
Q4 25
8.3%
Q3 25
1.5%
15.4%
Q2 25
7.5%
6.3%
Q1 25
4.4%
18.9%
Q4 24
1.5%
Q3 24
1.8%
13.8%
Q2 24
4.3%
Capex Intensity
REAX
REAX
STRA
STRA
Q1 26
Q4 25
3.8%
Q3 25
0.1%
3.4%
Q2 25
0.0%
3.4%
Q1 25
0.1%
3.4%
Q4 24
3.6%
Q3 24
0.1%
3.1%
Q2 24
3.4%
Cash Conversion
REAX
REAX
STRA
STRA
Q1 26
2.66×
Q4 25
1.03×
Q3 25
2.26×
Q2 25
27.13×
0.97×
Q1 25
2.27×
Q4 24
0.63×
Q3 24
1.86×
Q2 24
0.81×

Financial Flow Comparison

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

Revenue Breakdown by Segment

REAX
REAX

Segment breakdown not available.

STRA
STRA

U.S. Higher Education$212.6M69%
Australia/New Zealand$51.8M17%
Education Technology Services$41.5M14%

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