Earnings ·
reAlpha Tech Corp. reported second-quarter 2026 financial results, revealing a revenue decline to approximately $1.1…
AIREreAlpha Tech Corp.
reAlpha Tech Corp. reported second-quarter 2026 financial results, revealing a revenue decline to approximately $1.1 million from $1.3 million in the prior-year period, driven by a 20% drop in Homebuying Services offset by growth in Technology Services. The company narrowed its net loss to $3.0 million and improved Adjusted EBITDA to $(2.3) million, aided by a restructuring plan that reduced its global workforce by approximately 25% and cut operating expenses by 23%. Cash reserves increased 280% to $2.2 million following capital raised in late 2025. Management highlighted a 70% increase in trailing twelve-month transaction volume to $150.4 million and regained compliance with Nasdaq’s minimum bid price requirement. The company is preparing to complete the InstaMortgage acquisition by end of August to expand its mortgage footprint. reAlpha Tech Corp. operates as an AI-powered real estate technology company developing a vertically integrated platform for brokerage, mortgage, and title services.