reAlpha Tech Corp. second quarter 2026 revenue fell 11% as net losses narrowed to $3.0M

reAlpha Tech Corp. reported a decline in total revenue for the second quarter of 2026, primarily due to the rescission of the GTG Financial acquisition in the prior year. Despite lower top-line results, the company successfully narrowed its net loss and expanded gross margins to 66% through aggressive cost-cutting measures, including a 25% reduction in its global workforce and optimized vendor relationships.

Key Highlights

• Technology Services revenue grew 30% to $0.3 million, driven by AiChat’s subscription-based conversational AI platform.
• Homebuying Services revenue decreased 20% to $0.8 million as the company faced the absence of $0.6 million in revenue from the rescinded GTG acquisition.
• Total transaction volume for the trailing twelve months surged 70% to $150.4 million, reflecting the integration of Prevu and expansion of reAlpha Mortgage.