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

Ubiquiti Inc. is the larger business by last-quarter revenue ($814.9M vs $568.5M, roughly 1.4× Real Brokerage Inc). Ubiquiti Inc. runs the higher net margin — 28.7% vs -0.1%, a 28.7% gap on every dollar of revenue. On growth, Real Brokerage Inc posted the faster year-over-year revenue change (52.6% vs 35.8%). Ubiquiti Inc. produced more free cash flow last quarter ($260.3M 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.

Ubiquiti Inc. is an American technology company founded in San Jose, California, in 2003. Now based in New York City, Ubiquiti manufactures and sells wireless data communication and wired products for enterprises and homes under multiple brand names. On October 13, 2011, Ubiquiti had its initial public offering (IPO) at 7.04 million shares, at $15 per share, raising $30.5 million.

REAX vs UI — Head-to-Head

Bigger by revenue
UI
UI
1.4× larger
UI
$814.9M
$568.5M
REAX
Growing faster (revenue YoY)
REAX
REAX
+16.8% gap
REAX
52.6%
35.8%
UI
Higher net margin
UI
UI
28.7% more per $
UI
28.7%
-0.1%
REAX
More free cash flow
UI
UI
$251.9M more FCF
UI
$260.3M
$8.4M
REAX

Income Statement — Q3 FY2025 vs Q2 FY2026

Metric
REAX
REAX
UI
UI
Revenue
$568.5M
$814.9M
Net Profit
$-447.0K
$233.6M
Gross Margin
7.9%
45.9%
Operating Margin
-0.1%
35.9%
Net Margin
-0.1%
28.7%
Revenue YoY
52.6%
35.8%
Net Profit YoY
82.7%
70.8%
EPS (diluted)
$0.00
$3.86

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
UI
UI
Q4 25
$814.9M
Q3 25
$568.5M
$733.8M
Q2 25
$540.7M
$759.2M
Q1 25
$354.0M
$664.2M
Q4 24
$599.9M
Q3 24
$372.5M
$550.3M
Q2 24
$507.5M
Q1 24
$200.7M
$493.0M
Net Profit
REAX
REAX
UI
UI
Q4 25
$233.6M
Q3 25
$-447.0K
$207.9M
Q2 25
$1.5M
$266.7M
Q1 25
$-5.0M
$180.4M
Q4 24
$136.8M
Q3 24
$-2.6M
$128.0M
Q2 24
$103.8M
Q1 24
$-16.1M
$76.3M
Gross Margin
REAX
REAX
UI
UI
Q4 25
45.9%
Q3 25
7.9%
46.0%
Q2 25
8.9%
45.1%
Q1 25
9.6%
44.5%
Q4 24
41.2%
Q3 24
8.6%
42.1%
Q2 24
40.2%
Q1 24
10.3%
35.3%
Operating Margin
REAX
REAX
UI
UI
Q4 25
35.9%
Q3 25
-0.1%
35.7%
Q2 25
0.3%
34.4%
Q1 25
-1.5%
34.2%
Q4 24
29.8%
Q3 24
-0.7%
30.7%
Q2 24
27.3%
Q1 24
-7.8%
22.6%
Net Margin
REAX
REAX
UI
UI
Q4 25
28.7%
Q3 25
-0.1%
28.3%
Q2 25
0.3%
35.1%
Q1 25
-1.4%
27.2%
Q4 24
22.8%
Q3 24
-0.7%
23.3%
Q2 24
20.5%
Q1 24
-8.0%
15.5%
EPS (diluted)
REAX
REAX
UI
UI
Q4 25
$3.86
Q3 25
$0.00
$3.43
Q2 25
$0.01
$4.40
Q1 25
$-0.02
$2.98
Q4 24
$2.26
Q3 24
$-0.01
$2.12
Q2 24
$1.72
Q1 24
$-0.09
$1.26

Balance Sheet & Financial Strength

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

Metric
REAX
REAX
UI
UI
Cash + ST InvestmentsLiquidity on hand
$38.7M
$302.8M
Total DebtLower is stronger
$47.5M
Stockholders' EquityBook value
$53.6M
$1.0B
Total Assets
$145.2M
$1.6B
Debt / EquityLower = less leverage
0.05×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
REAX
REAX
UI
UI
Q4 25
$302.8M
Q3 25
$38.7M
$177.2M
Q2 25
$49.7M
$149.7M
Q1 25
$24.7M
$151.0M
Q4 24
$133.1M
Q3 24
$22.6M
$165.2M
Q2 24
$126.3M
Q1 24
$20.1M
$102.5M
Total Debt
REAX
REAX
UI
UI
Q4 25
$47.5M
Q3 25
$133.8M
Q2 25
$250.0M
Q1 25
$340.0M
Q4 24
$406.3M
Q3 24
$552.5M
Q2 24
$708.1M
Q1 24
$877.5M
Stockholders' Equity
REAX
REAX
UI
UI
Q4 25
$1.0B
Q3 25
$53.6M
$828.4M
Q2 25
$49.2M
$668.3M
Q1 25
$32.8M
$436.1M
Q4 24
$290.4M
Q3 24
$29.8M
$188.1M
Q2 24
$95.1M
Q1 24
$25.6M
$25.9M
Total Assets
REAX
REAX
UI
UI
Q4 25
$1.6B
Q3 25
$145.2M
$1.5B
Q2 25
$149.4M
$1.5B
Q1 25
$100.5M
$1.3B
Q4 24
$1.2B
Q3 24
$102.5M
$1.2B
Q2 24
$1.2B
Q1 24
$1.2B
Debt / Equity
REAX
REAX
UI
UI
Q4 25
0.05×
Q3 25
0.16×
Q2 25
0.37×
Q1 25
0.78×
Q4 24
1.40×
Q3 24
2.94×
Q2 24
7.45×
Q1 24
33.92×

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
UI
UI
Operating Cash FlowLast quarter
$8.8M
$263.9M
Free Cash FlowOCF − Capex
$8.4M
$260.3M
FCF MarginFCF / Revenue
1.5%
31.9%
Capex IntensityCapex / Revenue
0.1%
0.4%
Cash ConversionOCF / Net Profit
1.13×
TTM Free Cash FlowTrailing 4 quarters
$71.7M
$699.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
REAX
REAX
UI
UI
Q4 25
$263.9M
Q3 25
$8.8M
$198.5M
Q2 25
$41.0M
$130.4M
Q1 25
$15.9M
$123.6M
Q4 24
$152.4M
Q3 24
$7.2M
$233.7M
Q2 24
$231.4M
Q1 24
$21.5M
$163.9M
Free Cash Flow
REAX
REAX
UI
UI
Q4 25
$260.3M
Q3 25
$8.4M
$193.3M
Q2 25
$40.8M
$125.2M
Q1 25
$15.7M
$120.7M
Q4 24
$150.4M
Q3 24
$6.8M
$231.1M
Q2 24
$229.5M
Q1 24
$21.4M
$160.6M
FCF Margin
REAX
REAX
UI
UI
Q4 25
31.9%
Q3 25
1.5%
26.3%
Q2 25
7.5%
16.5%
Q1 25
4.4%
18.2%
Q4 24
25.1%
Q3 24
1.8%
42.0%
Q2 24
45.2%
Q1 24
10.7%
32.6%
Capex Intensity
REAX
REAX
UI
UI
Q4 25
0.4%
Q3 25
0.1%
0.7%
Q2 25
0.0%
0.7%
Q1 25
0.1%
0.4%
Q4 24
0.3%
Q3 24
0.1%
0.5%
Q2 24
0.4%
Q1 24
0.0%
0.7%
Cash Conversion
REAX
REAX
UI
UI
Q4 25
1.13×
Q3 25
0.95×
Q2 25
27.13×
0.49×
Q1 25
0.68×
Q4 24
1.11×
Q3 24
1.83×
Q2 24
2.23×
Q1 24
2.15×

Financial Flow Comparison

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

Revenue Breakdown by Segment

REAX
REAX

Segment breakdown not available.

UI
UI

Enterprise Technology$729.0M89%
Service Provider Technology$85.9M11%

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