Tap Real Estate Technologies (RWAX) Operating Income (2021 - 2026)
Tap Real Estate Technologies' (RWAX) quarterly Operating Income came in at -$1.8 million in Q1 2026, down 26.93% year-on-year from -$2.4 million in Q1 2025, and down 28.27% quarter-over-quarter from -$1.4 million in Q4 2025.
Tap Real Estate Technologies (RWAX) Operating Income (2021 - 2026) Analysis & Trends
Tap Real Estate Technologies has disclosed Operating Income across 6 years of filings, most recently posting -$1.8 million for Q1 2026.
- Operating Income for Q1 2026 came in at -$1.8 million, down 26.93% year-over-year; the trailing twelve-month figure through Mar 2026 was -$8.0 million (up 2.1% YoY), and the FY2025 annual result was -$7.6 million, up 8.2% from the prior year.
- Operating Income came in at -$1.8 million for Q1 2026 at Tap Real Estate Technologies, down from -$1.4 million in the prior quarter.
- In the past five years, Operating Income ranged from a high of $943259.0 in Q4 2023 to a low of -$12.6 million in Q4 2022.
- The 5-year median for Operating Income is -$2.7 million (2023), against an average of -$3.8 million.
- Across the five-year window, Operating Income slumped 688.09% in 2022 and surged 107.5% in 2023, its largest moves.
- Tap Real Estate Technologies' Operating Income stood at -$12.6 million in 2022, then soared by 107.5% to $943259.0 in 2023, then sank by 548.75% to -$4.2 million in 2024, then soared by 67.73% to -$1.4 million in 2025, then decreased by 28.27% to -$1.8 million in 2026.
- The last three Operating Income figures came in at -$1.8 million (Q1 2026), -$1.4 million (Q4 2025), and -$3.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | IHS Holding | 45.03 Bn | 44.04 Bn | 231.80 | 111.30 |
| 2 | Cbre | 38.54 Bn | 37.33 Bn | 1.85 Bn | 511.00 Mn |
| 3 | Costar | 14.00 Bn | 12.72 Bn | 701.00 Mn | 3.00 Mn |
| 4 | Jones Lang Lasalle | 13.85 Bn | 13.53 Bn | - | 204.60 Mn |
| 5 | KE Holdings | 7.04 Bn | 4.80 Bn | 661.06 Mn | 184.51 Mn |
| 6 | Compass | 5.66 Bn | 5.19 Bn | 2.31 Bn | -351.00 Mn |
| 7 | Opendoor Technologies | 4.24 Bn | 4.17 Bn | 72.00 Mn | -159.00 Mn |
| 8 | Cushman & Wakefield | 3.11 Bn | 2.51 Bn | 420.70 Mn | 58.70 Mn |
| 9 | Newmark | 2.67 Bn | 2.62 Bn | - | 26.96 Mn |
| 10 | Tap Real Estate Technologies | - | - | - | -1.75 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -1.75 Mn |
| Dec 31, 2025 | -1.37 Mn |
| Sep 30, 2025 | -2.98 Mn |
| Jun 30, 2025 | -1.89 Mn |
| Mar 31, 2025 | -1.38 Mn |
| Dec 31, 2024 | -4.23 Mn |
| Sep 30, 2024 | -1.09 Mn |
| Jun 30, 2024 | -1.46 Mn |
| Mar 31, 2024 | -1.53 Mn |
| Dec 31, 2023 | 943,259.00 |
| Sep 30, 2023 | -4.59 Mn |
| Jun 30, 2023 | -2.67 Mn |
| Mar 31, 2023 | -3.69 Mn |
| Dec 31, 2022 | -12.58 Mn |
| Sep 30, 2022 | -6.76 Mn |
| Jun 30, 2022 | -7.64 Mn |
| Mar 31, 2022 | -10.57 Mn |
| Dec 31, 2021 | 2.14 Mn |
| Sep 30, 2021 | -11.61 Mn |
| Jun 30, 2021 | -17.61 Mn |