eXp Realty
May 11, 2026
BELLINGHAM, Wash. -- May 11, 2026
eXp World Holdings reported first-quarter 2026 revenue of 1.0 billion dollars, up 5% from 954.9 million dollars a year earlier, and adjusted EBITDA of 4.1 million dollars, up 88%.
Net loss narrowed to 5.1 million dollars, or 0.03 dollars per diluted share, from 11.0 million dollars, or 0.07 dollars per share. Operating expenses fell 3% to 84.1 million dollars. Founder, chairman and CEO Glenn Sanford tied the quarter to the NextHome acquisition and the AGNT ticker, saying the company is building a multi-model platform for agents. eXp Realty CEO Leo Pareja said agent productivity continued to rise.
CFO Jesse Hill said the NextHome deal used cash on hand with zero debt. The board had declared a 0.05 dollar second-quarter dividend payable June 5 to holders of record May 22.