The Real Brokerage (REAX) Balance Sheet: Assets & Liabilities

The Real Brokerage (REAX) Balance Sheet

As of Dec 31, 2025 (end of fiscal 2025), The Real Brokerage reported total assets of $126.86M and total liabilities of $75.28M. Shareholders' equity was $51.59M, up 60.5% from $32.15M a year earlier. Total debt stood at $0.00 against $49.94M in cash and short-term investments, a net cash position of $49.94M. That puts debt-to-equity at 0.00, compared with 0.00 a year earlier.

The Real Brokerage Balance Sheet Analysis

Values in millions USD

Income Statement Balance Sheet Cash Flow Ratios

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Balance sheet showing assets, liabilities, and shareholders' equity for The Real Brokerage Inc. (REAX) - Annual data in millions USD
Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018
Period ending	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018
Current Assets
Cash and Cash Equivalents	33.21	23.38	14.71	10.85	25.82	21.23	0.05	0.36
Short-Term Investments	16.73	9.45	14.22	7.89	8.81	0.00	0.00	0.00
Cash & Short-Term Investments	49.94	32.83	28.93	18.74	34.63	21.23	0.05	0.36
Accounts Receivable	26.40	14.24	6.50	1.55	0.25	0.34	0.07	0.28
Inventory	0.00	0.00	0.00	0.00	0.05	0.05	0.00	-0.52
Other Current Assets	29.42	1.76	15.08	0.53	0.45	0.14	0.08	0.27
Total Current Assets	105.76	72.91	50.51	28.37	38.67	21.70	0.20	0.36
Non-Current Assets
Property, Plant & Equipment (Net)	2.46	2.12	1.60	1.42	0.28	0.21	0.21	0.35
Long-Term Investments	2.25	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Goodwill	8.99	8.99	8.99	10.26	0.60	0.00	0.00	0.00
Intangible Assets	4.16	2.58	3.44	3.71	0.45	0.00	0.00	0.00
Other Non-Current Assets	3.24	0.00	0.00	-15.39	0.00	-0.21	-0.21	0.00
Total Non-Current Assets	21.10	13.68	14.04	15.39	1.33	0.21	0.21	0.35
Total Assets	126.86	86.60	64.55	43.76	40.00	21.91	0.41	0.36
Current Liabilities
Accounts Payable	1.16	1.37	0.57	0.47	0.05	0.82	0.34	0.35
Short-Term Debt	0.00	0.00	0.00	0.10	0.09	0.09	0.12	0.12
Accrued Liabilities	38.21	25.94	13.37	11.87	8.82	-	-	-
Deferred Revenue	0.00	24.09	0.00	7.48	3.31	0.00	0.00	0.00
Other Current Liabilities	35.90	27.14	26.62	20.54	3.35	0.06	0.04	-0.46
Total Current Liabilities	75.27	54.45	27.20	21.11	12.31	0.96	0.50	0.01
Non-Current Liabilities
Long-Term Debt	0.00	0.00	0.00	0.00	0.04	0.13	11.85	10.97
Deferred Tax Liabilities	0.01	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Other Non-Current Liabilities	0.01	0.00	0.27	0.24	0.64	0.02	0.00	0.00
Total Non-Current Liabilities	0.01	0.00	0.27	0.24	0.68	0.15	11.85	10.97
Total Liabilities	75.28	54.45	27.46	21.35	12.99	1.11	12.35	0.01
Stockholders' Equity
Common Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.40	0.38
Retained Earnings	-112.85	-104.75	-78.21	-50.70	-30.13	-18.45	-14.83	-0.11
Accumulated Other Comprehensive Income	0.32	0.71	52.77	-0.47	-0.35	2.76	1.62	0.07
Treasury Stock	-	2.46	0.26	14.96	12.64	-	-	-
Additional Paid-in Capital	164.21	138.64	62.31	63.20	63.40	21.67	0.86	-12.39
Minority Interest	-0.09	0.00	0.21	0.26	0.00	14.82	0.00	0.00
Shares Outstanding	21.05	20.25	18.36	17.99	178.24	-	-	-
Total Stockholders' Equity	51.59	32.15	36.88	22.15	27.00	5.98	-11.94	0.34
Total Liabilities & Equity	126.86	86.60	64.55	43.76	40.00	21.91	0.41	0.36

Source: Company financial statements from annual and quarterly filings. Data as of Jun 30, 2026. Data sources and methodology

Frequently Asked Questions About The Real Brokerage Balance Sheet

How much debt does The Real Brokerage have?

The Real Brokerage had total debt of $0.00 as of Dec 31, 2025, against $49.94M in cash and short-term investments. Its debt-to-equity ratio was 0.00. Total debt was $0.00 a year earlier.

What are The Real Brokerage's total assets?

The Real Brokerage reported total assets of $126.86M as of Dec 31, 2025, up 46.5% from $86.59M a year earlier. Total liabilities were $75.28M.

What is The Real Brokerage's shareholders' equity?

The Real Brokerage's shareholders' equity was $51.59M as of Dec 31, 2025, or about $2.45 of book value per share.

What is the debt-to-equity ratio?

The debt-to-equity ratio divides a company's total debt by its shareholders' equity. It shows how much of the business is financed with borrowed money; normal levels vary widely by industry. Full definition