Business
eXp World Holdings Reports Q3 2025 Results
BELLINGHAM, Wash., Nov. 06, 2025 (GLOBE NEWSWIRE) -- eXp World Holdings, Inc. (Nasdaq: EXPI), or the “Company”, the holding company for eXp Realty®,
About this update from Exp World Holdings, Inc.
[{"type":"text","content":"BELLINGHAM, Wash., Nov. 06, 2025 (GLOBE NEWSWIRE) -- eXp World Holdings, Inc. (Nasdaq: EXPI), or the “Company”, the holding company for eXp Realty®, FrameVR.io and SUCCESS® Enterprises, today announced financial results for the third quarter ended September 30, 2025. “Our third quarter results underscore the strength of eXp’s model and the power of our agents,” said Leo Pareja, CEO of eXp Realty. “Continued momentum in agent growth, productivity and retention are driving higher revenue, profitability and overall performance. Our agent-first culture, combined with ongoing innovation across the eXp platform, continues to attract and empower top agents and teams around the world. As we scale, our focus remains on delivering even greater value to our agents — because when they thrive, eXp thrives.” “eXp continues to solidify its position as the platform for the future of real estate,” said Glenn Sanford, Founder, Chairman and CEO of eXp World Holdings. “Now more than ever, eXp is the place for agents to be as the industry evolves globally and agents seek a platform that provides not just flexibility, but the resources to thrive — from SUCCESS® coaching and elite training programs to mentorship, community, and a compelling value stack that supports both business and personal growth. Our third quarter results are a reflection of eXp’s continued focus on innovation and our ability to leverage technology, with a focus on AI, to enhance speed, agility, and differentiation in a rapidly changing real estate landscape.” Third Quarter 2025 Consolidated Financial Highlights as Compared to the Same Year-Ago Period: Revenue increased 7% to $1.3 billion.Net income of $3.5 million and net income per diluted share of $0.02.Total operating expenses increased to $1.3 billion from $1.2 billion. Excluding commissions and other agent-related costs and litigation contingency, adjusted operating costs1 (a non-GAAP financial measure) were $82.2 million, a 5% increase compared to the third quarter of 2024. This increase was driven by strategic investments to streamline operations.Adjusted EBITDA2 (a non-GAAP financial measure) of $17.7 million.As of September 30, 2025, cash and cash equivalents totaled $112.8 million.Net cash provided by operating activities of $28.9 million.Adjusted operating cash flow3 (a non-GAAP financial measure) of $45.4 million.Dist...