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SEGMENT INFORMATION (Tables)
6 Months Ended
Jun. 30, 2026
SEGMENT INFORMATION  
Schedule of segment's financial information

The following table provides information about the Company’s reportable segments (in thousands):

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​

​

​

​

​

​

​

​

Revenues

​

Three Months Ended June 30,

​

Six Months Ended June 30,

​

2026

​

2025

​

2026

​

2025

North American Realty

$ 1,403,046

​

$ 1,276,487

​

$ 2,368,150

​

$ 2,199,535

International Realty

46,352

​

32,293

​

86,504

​

63,950

Other Affiliated Services

686

​

708

​

1,544

​

1,535

Commissions reconciliation:

​

​

​

​

​

​

​

Segment eliminations

(536)

​

(611)

​

(1,109)

​

(1,237)

Consolidated revenues

$ 1,449,548

​

$ 1,308,877

​

$ 2,455,089

​

$ 2,263,783

​

​

​

​

​

​

​

​

​

​

Commissions and Other Agent-Related Costs

​

Three Months Ended June 30,

​

Six Months Ended June 30,

​

2026

​

2025

​

2026

​

2025

North American Realty

$ 1,312,457

​

$ 1,188,963

​

$ 2,209,346

​

$ 2,041,021

International Realty

38,003

​

26,918

​

71,103

​

53,291

Other Affiliated Services

291

​

342

​

496

​

682

Commissions reconciliation:

​

​

​

​

​

​

​

Segment eliminations

-

​

-

​

-

​

-

Consolidated commissions and other agent-related costs

$ 1,350,751

​

$ 1,216,223

​

$ 2,280,945

​

$ 2,094,994

​

​

​

​

​

​

​

​

​

 ​

Operating Income (Loss)

​

Three Months Ended June 30,

​

Six Months Ended June 30,

​

2026

​

2025

​

2026

​

2025

North American Realty

$ 7,875

​

$ 7,111

​

$ 6,264

​

$ 3,287

International Realty

(1,821)

​

(4,209)

​

(4,837)

​

(6,129)

Other Affiliated Services

(255)

​

(2,359)

​

(449)

​

(4,002)

Segment Operating Income (Loss)

5,799

​

543

​

978

​

(6,844)

Corporate expenses and other

(4,158)

​

(2,919)

​

(8,125)

​

(5,908)

Consolidated Operating Income (Loss)

$ 1,641

​

($ 2,376)

​

(7,147)

​

(12,752)

​

​

​

​

​

​

​

​

​

​

Adjusted EBITDA

​

Three Months Ended June 30,

​

Six Months Ended June 30,

​

2026

​

2025

​

2026

​

2025

North American Realty

$ 30,726

​

$ 19,784

​

$ 40,689

​

$ 27,519

International Realty

(1,315)

​

(3,859)

​

(3,736)

​

(5,474)

Other Affiliated Services

(188)

​

(2,291)

​

(318)

​

(3,746)

Corporate expenses and other

(3,523)

​

(2,433)

​

(6,882)

​

(4,943)

Consolidated adjusted EBITDA

$ 25,700

​

$ 11,201

​

$ 29,753

​

$ 13,356

​

​

​

​

​

​

​

​

Income (loss) before income tax expense reconciliation:

​

​

​

​

​

​

​

Depreciation and amortization expense

2,245

​

2,272

​

4,567

​

4,833

Legal costs non-recurring

4,485

​

-

​

4,485

​

-

Litigation contingency

4,335

​

-

​

4,335

​

-

Stock-based compensation expense

12,102

​

9,703

​

21,175

​

17,821

Stock option expense

892

​

1,602

​

2,338

​

3,454

Other (income) expense, net

(665)

​

(553)

​

(803)

​

(1,576)

Consolidated income (loss) before income tax expense

$ 2,306

​

($ 1,823)

​

($ 6,344)

​

($ 11,176)

​

​

​

​

​

​

Goodwill

​

June 30, 2026

​

December 31, 2025

North American Realty

$ 26,917

​

$ 17,872

International Realty

-

​

-

Other Affiliated Services

-

​

-

Segment and consolidated total

26,917

​

17,872

​