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

WEX Inc. is the larger business by last-quarter revenue ($652.7M vs $568.5M, roughly 1.1× Real Brokerage Inc). WEX Inc. runs the higher net margin — 10.1% vs -0.1%, a 10.2% gap on every dollar of revenue. On growth, Real Brokerage Inc posted the faster year-over-year revenue change (52.6% vs -3.1%). Real Brokerage Inc produced more free cash flow last quarter ($8.4M vs $-9.2M).

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.

WEX Inc. is a provider of payment processing and information management services to the United States commercial and government vehicle fleet industry. The company is headquartered in Portland, Maine and provides services in the United States, Canada, South America, Europe, Asia, and Australia.

REAX vs WEX — Head-to-Head

Bigger by revenue
WEX
WEX
1.1× larger
WEX
$652.7M
$568.5M
REAX
Growing faster (revenue YoY)
REAX
REAX
+55.8% gap
REAX
52.6%
-3.1%
WEX
Higher net margin
WEX
WEX
10.2% more per $
WEX
10.1%
-0.1%
REAX
More free cash flow
REAX
REAX
$17.6M more FCF
REAX
$8.4M
$-9.2M
WEX

Income Statement — Q3 FY2025 vs Q1 FY2026

Metric
REAX
REAX
WEX
WEX
Revenue
$568.5M
$652.7M
Net Profit
$-447.0K
$65.8M
Gross Margin
7.9%
Operating Margin
-0.1%
25.2%
Net Margin
-0.1%
10.1%
Revenue YoY
52.6%
-3.1%
Net Profit YoY
82.7%
-15.3%
EPS (diluted)
$0.00

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
WEX
WEX
Q1 26
$652.7M
Q4 25
$465.1M
Q3 25
$568.5M
$481.6M
Q2 25
$540.7M
$454.4M
Q1 25
$354.0M
$444.3M
Q4 24
$440.3M
Q3 24
$372.5M
$479.0M
Q2 24
$478.6M
Net Profit
REAX
REAX
WEX
WEX
Q1 26
$65.8M
Q4 25
$84.2M
Q3 25
$-447.0K
$80.3M
Q2 25
$1.5M
$68.1M
Q1 25
$-5.0M
$71.5M
Q4 24
$63.9M
Q3 24
$-2.6M
$102.9M
Q2 24
$77.0M
Gross Margin
REAX
REAX
WEX
WEX
Q1 26
Q4 25
39.0%
Q3 25
7.9%
43.0%
Q2 25
8.9%
40.0%
Q1 25
9.6%
39.2%
Q4 24
41.5%
Q3 24
8.6%
48.0%
Q2 24
44.9%
Operating Margin
REAX
REAX
WEX
WEX
Q1 26
25.2%
Q4 25
35.7%
Q3 25
-0.1%
38.1%
Q2 25
0.3%
34.5%
Q1 25
-1.5%
35.4%
Q4 24
35.7%
Q3 24
-0.7%
41.0%
Q2 24
35.1%
Net Margin
REAX
REAX
WEX
WEX
Q1 26
10.1%
Q4 25
18.1%
Q3 25
-0.1%
16.7%
Q2 25
0.3%
15.0%
Q1 25
-1.4%
16.1%
Q4 24
14.5%
Q3 24
-0.7%
21.5%
Q2 24
16.1%
EPS (diluted)
REAX
REAX
WEX
WEX
Q1 26
Q4 25
$2.38
Q3 25
$0.00
$2.30
Q2 25
$0.01
$1.98
Q1 25
$-0.02
$1.81
Q4 24
$1.60
Q3 24
$-0.01
$2.52
Q2 24
$1.83

Balance Sheet & Financial Strength

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

Metric
REAX
REAX
WEX
WEX
Cash + ST InvestmentsLiquidity on hand
$38.7M
$780.0M
Total DebtLower is stronger
Stockholders' EquityBook value
$53.6M
Total Assets
$145.2M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
REAX
REAX
WEX
WEX
Q1 26
$780.0M
Q4 25
$5.2B
Q3 25
$38.7M
$4.9B
Q2 25
$49.7M
$4.9B
Q1 25
$24.7M
$4.4B
Q4 24
$4.4B
Q3 24
$22.6M
$4.3B
Q2 24
$4.0B
Stockholders' Equity
REAX
REAX
WEX
WEX
Q1 26
Q4 25
$1.2B
Q3 25
$53.6M
$1.1B
Q2 25
$49.2M
$978.7M
Q1 25
$32.8M
$810.4M
Q4 24
$1.5B
Q3 24
$29.8M
$1.7B
Q2 24
$1.8B
Total Assets
REAX
REAX
WEX
WEX
Q1 26
Q4 25
$14.4B
Q3 25
$145.2M
$14.4B
Q2 25
$149.4M
$14.7B
Q1 25
$100.5M
$14.0B
Q4 24
$13.3B
Q3 24
$102.5M
$14.0B
Q2 24
$14.2B

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
WEX
WEX
Operating Cash FlowLast quarter
$8.8M
Free Cash FlowOCF − Capex
$8.4M
$-9.2M
FCF MarginFCF / Revenue
1.5%
-1.4%
Capex IntensityCapex / Revenue
0.1%
5.2%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$71.7M
$818.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
REAX
REAX
WEX
WEX
Q1 26
Q4 25
$294.7M
Q3 25
$8.8M
$376.6M
Q2 25
$41.0M
$264.6M
Q1 25
$15.9M
$-481.6M
Q4 24
$638.4M
Q3 24
$7.2M
$3.3M
Q2 24
$-7.0M
Free Cash Flow
REAX
REAX
WEX
WEX
Q1 26
$-9.2M
Q4 25
$256.3M
Q3 25
$8.4M
$341.6M
Q2 25
$40.8M
$230.0M
Q1 25
$15.7M
$-514.2M
Q4 24
$599.7M
Q3 24
$6.8M
$-31.7M
Q2 24
$-46.6M
FCF Margin
REAX
REAX
WEX
WEX
Q1 26
-1.4%
Q4 25
55.1%
Q3 25
1.5%
70.9%
Q2 25
7.5%
50.6%
Q1 25
4.4%
-115.7%
Q4 24
136.2%
Q3 24
1.8%
-6.6%
Q2 24
-9.7%
Capex Intensity
REAX
REAX
WEX
WEX
Q1 26
5.2%
Q4 25
8.3%
Q3 25
0.1%
7.3%
Q2 25
0.0%
7.6%
Q1 25
0.1%
7.3%
Q4 24
8.8%
Q3 24
0.1%
7.3%
Q2 24
8.3%
Cash Conversion
REAX
REAX
WEX
WEX
Q1 26
Q4 25
3.50×
Q3 25
4.69×
Q2 25
27.13×
3.89×
Q1 25
-6.74×
Q4 24
9.99×
Q3 24
0.03×
Q2 24
-0.09×

Financial Flow Comparison

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

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