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RE/MAX Holdings RMAX Deferred Revenue

Deferred Revenue at other companies

Blackbaud logo
BlackbaudBLKB
-$31.62M-7.4%
Calix logo
CalixCALX
$232K-92.7%
Payoneer Global Inc. logo
Payoneer Global Inc.PAYO
$1.9M+431%
Target Hospitality logo
Target HospitalityTH
$11.18M+3,495%
Asure Software logo
Asure SoftwareASUR
-$4.91M-29.0%
Wrap Technologies logo
Wrap TechnologiesWRAP
$38K+125%

Other financials

Income statement

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Revenue$70.2M-5.7%
Operating income-$7.8M-246%
Net income-$9.7M-397%
EPS (diluted)$0.30

Balance sheet

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Cash & equivalents$107.1M+20.2%
Total debt$456.9M-2.6%
Total equity$446.1M+2.9%
Total assets$572.3M+0.2%

Cash flow

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Operating cash flow-$1.8M-133%
CapEx$2.4M+43.2%
Free cash flow-$4.3M-207%

Valuation

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Market cap$236.11M+39.8%
Enterprise value$585.9M+8.4%
P/E41.8×+25.6×
P/S0.8×+0.3×

Profitability

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Operating margin11.8%-1.7pp
Net margin2%-1.2pp
FCF margin8.8%-7.7pp

Returns & leverage

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Return on equity1.3%-1.0pp
Debt / equity-0.1×
Current ratio1.6×+0.1×

Where this comes from

Reported directly by RE/MAX Holdings in its filing.

Tagged under the XBRL concept us-gaap:IncreaseDecreaseInDeferredRevenue.

The official record: RE/MAX Holdings’s 10-K, filed February 19, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is RE/MAX Holdings's deferred revenue?
RE/MAX Holdings (RMAX) reported deferred revenue of -$879K in Q4 2025.
How has RE/MAX Holdings's deferred revenue changed year-over-year?
RE/MAX Holdings's deferred revenue decreased by 22.5% year-over-year, from -$717.5K to -$879K.
What is the long-term trend for RE/MAX Holdings's deferred revenue?
Over 4 years (2021 to 2025), RE/MAX Holdings's deferred revenue has grown at a 125.1% compound annual growth rate (CAGR), from $137K to -$3.52M.
What does deferred revenue mean?
Represents the change in payments received from customers for services that have not yet been performed or delivered. An increase signifies strong future revenue visibility, while a decrease indicates the recognition of previously collected cash as earned revenue.