RE/MAX Holdings, Inc. (RMAX) quarterly cash flow statement — complete operating, investing & financing history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Cash from Operations | -2.08M | 12.92M | 17.74M | 4.55M | 5.66M | 16.79M | 17.6M | 15.88M | 9.38M | 8.64M | 17.38M | -822K | 3.06M | 9.76M | 22.47M | 22.42M | 16.5M | 25.8M | -13.7M | 9.51M |
| Operating CF Margin % | -2.96% | 18.17% | 24.22% | 6.26% | 7.6% | 23.16% | 22.43% | 20.25% | 11.98% | 11.28% | 21.4% | -1% | 3.59% | 12% | 25.26% | 24.32% | 18.13% | 28.93% | -15.05% | 12.31% |
| Operating CF Growth % | -136.71% | -23.01% | 0.8% | -71.34% | -39.65% | 94.29% | 1.25% | 2032.48% | 206.17% | -11.45% | -22.63% | -103.67% | -81.43% | -62.18% | 264.05% | 135.79% | -20.79% | -5.76% | -150.45% | 255.53% |
| Net Income | -9.74M | 2.51M | 7.46M | 6.7M | -1.96M | 4.08M | 3.41M | 3.71M | -3.35M | -10.91M | -82.67M | 2.01M | -679K | -2.83M | -910K | 10.28M | 2.94M | 5.62M | -25.15M | 5.26M |
| Depreciation & Amortization | 5.88M | 6.21M | 6.44M | 6.6M | 6.59M | 7.07M | 7.24M | 7.4M | 7.85M | 8.18M | 8.2M | 8.01M | 8.03M | 8.91M | 8.76M | 9.11M | 8.98M | 9.1M | 8.58M | 6.85M |
| Stock-Based Compensation | 0 | 4.31M | 3M | 2.97M | 6.35M | 4.41M | 4.62M | 3.9M | 5.92M | 5.49M | 4.89M | 4.71M | 4.45M | 4.04M | 7.83M | 4.54M | 5.64M | 6.98M | 9.01M | 6.25M |
| Deferred Taxes | 0 | 0 | 0 | -366K | 223K | -1.32M | 0 | 4.3M | -202K | -2.41M | 27.9M | 0 | -1.58M | 1.13M | -1.06M | 1M | 20K | -659K | 0 | 0 |
| Other Non-Cash Items | 9.39M | 971K | -2.1M | -436K | 736K | 4.53M | -5.13M | 2.23M | -1.4M | 12.42M | 55.61M | 3.31M | 1.12M | 5.99M | 3.35M | 3.04M | 4.09M | -4.5M | -14.25M | 5.76M |
| Working Capital Changes | -7.6M | -1.09M | 2.93M | -10.91M | -6.28M | -1.99M | 7.46M | -5.65M | 562K | -4.13M | 3.46M | -18.85M | -8.28M | -7.49M | 4.5M | -5.54M | -5.17M | 9.26M | 8.12M | -14.61M |
| Change in Receivables | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -8.44M | 0 | 0 | 0 | 2.79M | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Payables | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash from Investing | -2.42M | -2.66M | -1.81M | -1.62M | -1.69M | -753K | -1.03M | -1.66M | -2.43M | -2.07M | -1.17M | -1.1M | -1.29M | -1.64M | -3.72M | -2.42M | -3.72M | -2.45M | -184.92M | -3.17M |
| Capital Expenditures | -2.42M | -2.75M | -1.31M | -1.62M | -1.69M | -801K | -1.31M | -1.89M | -2.62M | -2.17M | -1.42M | -1.34M | -1.49M | -1.98M | -1.81M | -2.42M | -3.72M | -3.17M | -4.52M | -3.17M |
| CapEx % of Revenue | 3.45% | 3.87% | 1.8% | 2.22% | 2.27% | 1.11% | 1.67% | 2.41% | 3.35% | 2.83% | 1.75% | 1.63% | 1.74% | 2.44% | 2.03% | 2.63% | 4.09% | 3.56% | 4.96% | 4.1% |
| Acquisitions | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 0 | 92K | -500K | 0 | 0 | 48K | 281K | 228K | 189K | 97K | 245K | 239K | 195K | 347K | -1.92M | 0 | 0 | 319K | 0 | 0 |
| Cash from Financing | -5.59M | -1.56M | -1.4M | -1.26M | -6.53M | -1.66M | -1.22M | -1.03M | -4.35M | -2.43M | -9.19M | -8.35M | -15.85M | -19.75M | -21.69M | -20.85M | -16.07M | -9.79M | 221.84M | -9.05M |
| Debt Issued (Net) | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Equity Issued (Net) | 0 | 0 | 0 | -106K | -4.24M | -527K | -43K | -7K | -2.5M | -353K | -537K | -19K | -3.41M | -10.31M | -11.93M | -10.55M | -1.31M | 0 | -31K | -7K |
| Dividends Paid | -103K | 0 | -11K | -6K | -324K | -8K | -4K | -2K | -585K | -61K | -4.5M | -4.17M | -4.82M | -4.22M | -4.42M | -4.43M | -5.12M | -4.34M | -3.87M | -4.34M |
| Share Repurchases | 0 | 0 | 0 | -106K | -4.24M | -527K | -43K | -7K | -2.5M | -353K | -537K | -19K | -3.41M | -10.31M | -11.93M | -10.55M | -1.31M | 0 | -31K | -7K |
| Other Financing | -4.34M | -409K | -236K | -1K | -820K | 21K | -26K | 125K | -120K | -862K | -3.01M | -3.01M | -6.47M | -4.08M | -4.2M | -4.72M | -8.48M | -4.29M | 450.73M | -4.11M |
| Net Change in Cash | -10.45M | 9.35M | 13.92M | 2.89M | -2.38M | 12.91M | 15.7M | 13.24M | 1.67M | 4.95M | 6.38M | -9.65M | -14.04M | -11.17M | -4.51M | -1.57M | -3.02M | 13.8M | 22.92M | -2.46M |
| Free Cash Flow | -4.5M | 10.17M | 16.43M | 2.94M | 3.97M | 15.98M | 16.29M | 13.99M | 6.76M | 6.47M | 15.96M | -2.16M | 1.57M | 7.77M | 20.66M | 20M | 12.78M | 22.63M | -18.21M | 6.34M |
| FCF Margin % | -6.41% | 14.3% | 22.43% | 4.04% | 5.33% | 22.06% | 20.76% | 17.84% | 8.64% | 8.45% | 19.66% | -2.62% | 1.84% | 9.57% | 23.23% | 21.69% | 14.04% | 25.38% | -20.01% | 8.2% |
| FCF Growth % | -213.32% | -36.37% | 0.84% | -79.02% | -41.29% | 147.09% | 2.04% | 746.67% | 329.33% | -16.79% | -22.73% | -110.82% | -87.68% | -65.64% | 213.44% | 215.54% | -22.32% | -9.66% | -170.94% | 312.3% |
| FCF per Share | -0.22 | 0.49 | 0.79 | 0.15 | 0.21 | 0.80 | 0.84 | 0.74 | 0.37 | 0.35 | 0.88 | -0.12 | 0.09 | 0.43 | 1.09 | 1.04 | 0.67 | 1.21 | -0.97 | 0.33 |
| FCF Conversion (FCF/Net Income) | 0.21x | 8.97x | 4.45x | 0.97x | -2.89x | 2.89x | 18.22x | 4.29x | -2.80x | -0.79x | -0.29x | -0.41x | -4.57x | -7.45x | 160.48x | 3.85x | 11.37x | 8.30x | 0.54x | 1.81x |
| Interest Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 8.11M | 7.1M | 5.49M | 3.8M | 3.43M | 6.83M | 7K | 1.99M |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2.2M | 2.68M | 743K | 1.57M | 1.54M | 3.46M | 0 | 0 |