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Side-by-side financial comparison of RE/MAX Holdings, Inc. (RMAX) and SMARTFINANCIAL INC. (SMBK). Click either name above to swap in a different company.
RE/MAX Holdings, Inc. is the larger business by last-quarter revenue ($71.1M vs $53.8M, roughly 1.3× SMARTFINANCIAL INC.). SMARTFINANCIAL INC. runs the higher net margin — 25.4% vs 2.0%, a 23.4% gap on every dollar of revenue. Over the past eight quarters, SMARTFINANCIAL INC.'s revenue compounded faster (15.4% CAGR vs -4.7%).
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.
SmartFinancial Inc. is a U.S.-based bank holding company that operates its wholly owned subsidiary SmartBank. It offers a full range of retail and commercial banking products including deposit accounts, personal and business loans, mortgage services, and wealth management solutions, primarily serving individual customers and small-to-medium enterprises across the Southeastern United States.
RMAX vs SMBK — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $71.1M | $53.8M |
| Net Profit | $1.4M | $13.7M |
| Gross Margin | — | — |
| Operating Margin | 13.1% | — |
| Net Margin | 2.0% | 25.4% |
| Revenue YoY | -1.8% | — |
| Net Profit YoY | -75.2% | 21.6% |
| EPS (diluted) | — | $0.81 |
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.
| Q1 26 | — | $53.8M | ||
| Q4 25 | $71.1M | $53.3M | ||
| Q3 25 | $73.2M | $51.1M | ||
| Q2 25 | $72.8M | $49.2M | ||
| Q1 25 | $74.5M | $46.8M | ||
| Q4 24 | $72.5M | $46.8M | ||
| Q3 24 | $78.5M | $44.2M | ||
| Q2 24 | $78.5M | $40.4M |
| Q1 26 | — | $13.7M | ||
| Q4 25 | $1.4M | $13.7M | ||
| Q3 25 | $4.0M | $13.7M | ||
| Q2 25 | $4.7M | $11.7M | ||
| Q1 25 | $-2.0M | $11.3M | ||
| Q4 24 | $5.8M | $9.6M | ||
| Q3 24 | $966.0K | $9.1M | ||
| Q2 24 | $3.7M | $8.0M |
| Q1 26 | — | — | ||
| Q4 25 | 13.1% | 31.3% | ||
| Q3 25 | 25.0% | 33.2% | ||
| Q2 25 | 19.3% | 29.0% | ||
| Q1 25 | 7.2% | 29.0% | ||
| Q4 24 | 5.9% | 26.5% | ||
| Q3 24 | 19.4% | 24.3% | ||
| Q2 24 | 20.6% | 25.6% |
| Q1 26 | — | 25.4% | ||
| Q4 25 | 2.0% | 25.7% | ||
| Q3 25 | 5.4% | 26.8% | ||
| Q2 25 | 6.4% | 23.8% | ||
| Q1 25 | -2.6% | 24.0% | ||
| Q4 24 | 8.0% | 20.6% | ||
| Q3 24 | 1.2% | 20.7% | ||
| Q2 24 | 4.7% | 19.8% |
| Q1 26 | — | $0.81 | ||
| Q4 25 | — | $0.81 | ||
| Q3 25 | — | $0.81 | ||
| Q2 25 | — | $0.69 | ||
| Q1 25 | — | $0.67 | ||
| Q4 24 | — | $0.57 | ||
| Q3 24 | — | $0.54 | ||
| Q2 24 | — | $0.48 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $118.7M | $346.1M |
| Total DebtLower is stronger | $432.2M | — |
| Stockholders' EquityBook value | $452.4M | $562.2M |
| Total Assets | $582.5M | $5.9B |
| Debt / EquityLower = less leverage | 0.96× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $346.1M | ||
| Q4 25 | $118.7M | $464.4M | ||
| Q3 25 | $107.5M | $557.1M | ||
| Q2 25 | $94.3M | $365.1M | ||
| Q1 25 | $89.1M | $423.0M | ||
| Q4 24 | $96.6M | $387.6M | ||
| Q3 24 | $83.8M | $192.9M | ||
| Q2 24 | $66.1M | $342.8M |
| Q1 26 | — | — | ||
| Q4 25 | $432.2M | — | ||
| Q3 25 | $433.3M | $1.3M | ||
| Q2 25 | $434.4M | $7.0M | ||
| Q1 25 | $435.3M | $7.6M | ||
| Q4 24 | $436.2M | $8.1M | ||
| Q3 24 | $437.2M | $9.0M | ||
| Q2 24 | $438.1M | $12.7M |
| Q1 26 | — | $562.2M | ||
| Q4 25 | $452.4M | $552.4M | ||
| Q3 25 | $448.1M | $538.4M | ||
| Q2 25 | $442.4M | $519.0M | ||
| Q1 25 | $433.5M | $505.8M | ||
| Q4 24 | $429.5M | $491.3M | ||
| Q3 24 | $423.1M | $489.0M | ||
| Q2 24 | $418.4M | $472.5M |
| Q1 26 | — | $5.9B | ||
| Q4 25 | $582.5M | $5.9B | ||
| Q3 25 | $582.2M | $5.8B | ||
| Q2 25 | $574.8M | $5.5B | ||
| Q1 25 | $571.4M | $5.4B | ||
| Q4 24 | $581.6M | $5.3B | ||
| Q3 24 | $578.6M | $4.9B | ||
| Q2 24 | $571.4M | $4.9B |
| Q1 26 | — | — | ||
| Q4 25 | 0.96× | — | ||
| Q3 25 | 0.97× | 0.00× | ||
| Q2 25 | 0.98× | 0.01× | ||
| Q1 25 | 1.00× | 0.02× | ||
| Q4 24 | 1.02× | 0.02× | ||
| Q3 24 | 1.03× | 0.02× | ||
| Q2 24 | 1.05× | 0.03× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $40.9M | — |
| Free Cash FlowOCF − Capex | $33.5M | — |
| FCF MarginFCF / Revenue | 47.1% | — |
| Capex IntensityCapex / Revenue | 10.4% | — |
| Cash ConversionOCF / Net Profit | 28.39× | — |
| TTM Free Cash FlowTrailing 4 quarters | $56.8M | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $40.9M | $61.7M | ||
| Q3 25 | $17.7M | $16.9M | ||
| Q2 25 | $4.6M | $14.0M | ||
| Q1 25 | $5.7M | $14.3M | ||
| Q4 24 | $59.7M | $52.7M | ||
| Q3 24 | $17.6M | $12.4M | ||
| Q2 24 | $15.9M | $16.5M |
| Q1 26 | — | — | ||
| Q4 25 | $33.5M | $59.3M | ||
| Q3 25 | $16.4M | $16.6M | ||
| Q2 25 | $2.9M | $13.2M | ||
| Q1 25 | $4.0M | $13.4M | ||
| Q4 24 | $53.0M | $46.3M | ||
| Q3 24 | $16.3M | $11.3M | ||
| Q2 24 | $14.0M | $15.4M |
| Q1 26 | — | — | ||
| Q4 25 | 47.1% | 111.3% | ||
| Q3 25 | 22.4% | 32.4% | ||
| Q2 25 | 4.0% | 26.9% | ||
| Q1 25 | 5.3% | 28.5% | ||
| Q4 24 | 73.2% | 98.9% | ||
| Q3 24 | 20.8% | 25.7% | ||
| Q2 24 | 17.8% | 38.2% |
| Q1 26 | — | — | ||
| Q4 25 | 10.4% | 4.5% | ||
| Q3 25 | 1.8% | 0.6% | ||
| Q2 25 | 2.2% | 1.6% | ||
| Q1 25 | 2.3% | 2.0% | ||
| Q4 24 | 9.1% | 13.7% | ||
| Q3 24 | 1.7% | 2.4% | ||
| Q2 24 | 2.4% | 2.7% |
| Q1 26 | — | — | ||
| Q4 25 | 28.39× | 4.50× | ||
| Q3 25 | 4.45× | 1.23× | ||
| Q2 25 | 0.97× | 1.20× | ||
| Q1 25 | — | 1.27× | ||
| Q4 24 | 10.28× | 5.47× | ||
| Q3 24 | 18.22× | 1.36× | ||
| Q2 24 | 4.29× | 2.07× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
RMAX
| Franchising Segment | $50.1M | 70% |
| Broker Fees | $13.9M | 20% |
| Annual Dues | $7.4M | 10% |
SMBK
| Net Interest Income | $45.9M | 85% |
| Noninterest Income | $7.9M | 15% |
