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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):

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