reAlpha Reports Record Full-Year Revenue of $4.5 Million, Up 376% Year Over Year

Delivering Revenue Growth and Increased Transaction Volume While Strengthening the Balance Sheet and Advancing Platform Integration

Mar. 12, 2026 at 12:35pm

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reAlpha Tech Corp. (Nasdaq: AIRE), an AI-powered real estate technology company, reported financial results for the fourth quarter and full year ended December 31, 2025. The company achieved record full-year revenue of $4.5 million, up 376% year over year, driven by increased revenue from mortgage brokerage transactions, subscription fees from AI conversational technologies, and revenues from its acquisition of Prevu's real estate services. reAlpha also strengthened its balance sheet, raised capital, and advanced its AI-enabled homebuying platform during the year.

Why it matters

reAlpha's strong financial performance and platform expansion demonstrate the company's ability to capture multiple revenue streams within a single homebuying transaction by integrating real estate brokerage, mortgage, and title services. This vertical integration and use of AI technology aims to deliver a simpler, smarter, and more affordable path to homeownership for customers.

The details

Key highlights for the full year 2025 include a 376% increase in revenue to $4.5 million, a 203% increase in total transaction volume to $116.1 million, and the acquisition of Prevu to expand brokerage operations across 12 states plus Washington, D.C. reAlpha also strengthened its balance sheet, raising approximately $25.5 million in gross proceeds through equity offerings, warrant exercises, and an at-the-market offering, and eliminating its secured parent-level debt.

  • reAlpha reported financial results for the fourth quarter and full year ended December 31, 2025.
  • During fiscal 2025, the company raised approximately $25.5 million in gross proceeds through equity offerings, warrant exercises, and an at-the-market offering.

The players

reAlpha Tech Corp.

An AI-powered real estate technology company that aims to transform the multi-trillion-dollar U.S. real estate services market.

Thomas Kutzman

Chief Financial Officer of reAlpha.

Mike Logozzo

Chief Executive Officer of reAlpha.

Prevu

A real estate brokerage company acquired by reAlpha in 2025 to expand its operations across 12 states plus Washington, D.C.

InstaMortgage

A mortgage lending company that reAlpha signed a definitive agreement to acquire, which is intended to add direct mortgage lending capabilities and further reduce friction across the homebuying journey.

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What they’re saying

“2025 was a year of strong growth and balance sheet progress. Revenue increased 376% year over year to $4.5 million as we expanded our homebuying platform. During 2025, we raised approximately $25.5 million in gross proceeds through equity-linked financing activities to support operations and execute our strategy. We ended the year with $7.8 million in cash and no remaining balance on the Streeterville note, which materially improved our financial flexibility. As we move into 2026, our focus is on growth, greater geographic alignment of our homebuyer services, and building operating leverage as we scale.”

— Thomas Kutzman, Chief Financial Officer of reAlpha

“I'm proud of how our team executed in 2025. We did not just grow revenue, we expanded the platform, integrated brokerage and mortgage more tightly, and strengthened the operating foundation of the business. reAlpha offers the full homebuying transaction across real estate, mortgage, and title. That alignment creates multiple revenue streams per customer and a structurally lower cost model in markets where we offer a rebate. We believe we are uniquely positioned to deliver a better service experience while helping buyers keep more of their money at closing. In a multi-trillion dollar residential real estate market that we believe is still largely fragmented, we see a clear opportunity to deliver a more coordinated homebuying experience and return meaningful savings to the buyer.”

— Mike Logozzo, Chief Executive Officer of reAlpha

The takeaway

reAlpha's strong financial performance and platform expansion demonstrate the company's ability to leverage its vertically integrated real estate, mortgage, and title services to deliver a more coordinated and cost-effective homebuying experience for customers. As the residential real estate market remains largely fragmented, reAlpha is well-positioned to capture market share and return meaningful savings to homebuyers.