eXp World Holdings Posts 22.7 Million Dollar 2025 Loss on 4.8 Billion Dollars in Revenue

BELLINGHAM, Wash. -- February 24, 2026

eXp World Holdings, the parent of eXp Realty, reported 2025 revenue of 4.8 billion dollars, up 4 percent from the prior year, and a net loss of 22.7 million dollars, or 0.14 dollars per share. Fourth-quarter revenue was 1.2 billion dollars and the quarterly net loss was 12.9 million dollars, or 0.08 dollars per share. Adjusted EBITDA was 33.2 million dollars for the year and 2.1 million dollars for the quarter.

The company had 83,060 agents and brokers on its platform at year end. Real estate transactions rose 1 percent to 440,163 for the year and 6 percent to 110,392 in the fourth quarter, while sales volume rose 5 percent to 194.0 billion dollars for the year. eXp ended 2025 with 124.2 million dollars in cash and returned 87.0 million dollars to shareholders through 56.2 million dollars of share repurchases and 30.8 million dollars of dividends. It expanded into seven new countries during the year.

For 2026, eXp forecast revenue of 4.85 billion to 5.15 billion dollars and adjusted EBITDA of 50 million to 75 million dollars, with first-quarter revenue of 960 million to 980 million dollars. "We expect 2026 to be a pivotal year as our prior investments begin to yield margin improvements, driven by focused execution," said eXp Realty Chief Executive Leo Pareja.