eXp Second Quarter Revenue Rises 5 Percent to 1.3 Billion as Agent Count Slips to 87,111
BELLINGHAM, Wash., July 31, 2024 --
eXp World Holdings, parent of eXp Realty, reported second-quarter 2024 revenue of 1.295 billion dollars, up 5 percent from a year earlier. Net income from continuing operations was 11.8 million dollars, or 0.08 dollars per diluted share, and adjusted EBITDA rose 22 percent to 32.8 million dollars.
Agents and brokers on the eXp Realty platform fell 1 percent to 87,111 as the company continued to remove less productive agents. Real estate transactions rose 1 percent to 120,613, and transaction volume rose 7 percent to 51.9 billion dollars. Operating costs fell 4 percent, partly offset by higher legal expenses tied to the antitrust litigation.
The company repurchased about 48.2 million dollars of stock in the quarter and declared a third-quarter dividend of 0.05 dollars per share. Founder and CEO Glenn Sanford said he has taken a more active role in the international business, while eXp Realty CEO Leo Pareja highlighted new agent-productivity tools.
More eXp Realty news
eXp Parent AGNT Q3 Revenue Rises 6% to $1.4 Billion as Agent Count Grows; Company Posts Net Loss
BELLINGHAM, Wash. - November 5, 2026 AGNT, Inc., the publicly traded parent of eXp Realty and formerly known as eXp World Holdings, reported third-quarter 2026 revenue of $1.4...
Former eXp Agents Golden and Bjorkman Settle Sexual Assault Suit Two Days Into Trial, Ending Roberts Case
LOS ANGELES, California - October 21, 2026 Two former eXp Realty agents accused of drugging and sexually assaulting a fellow agent at company recruiting events have reached a...
eXp Realty, AGNT and Glenn Sanford Settle Agent's Sexual Assault Suit as Trial of Two Former Agents Opens
LOS ANGELES, California - October 19, 2026 eXp Realty, its parent company AGNT, Inc., and founder Glenn Sanford have reached a confidential settlement with Anya Roberts, the eXp...
eXp Founder Glenn Sanford Steps Down as AGNT CEO, Leo Pareja Named Successor
BELLINGHAM, Wash. - October 8, 2026 AGNT, Inc., the Nasdaq-listed parent of eXp Realty, has named eXp Realty Chief Executive Officer Leo Pareja as its new CEO, effective October...
eXp Parent AGNT Completes 32 Million Dollar Share Repurchase from Gratitude Trust
AGNT, Inc., parent of eXp Realty, said it completed on September 14, 2026, the repurchase of 8,693,290 shares of common stock from Frank Selden as trustee of the Gratitude 2022...