eXp World Holdings Swings to Third Quarter Profit as Revenue Rises 7 Percent; Agent Count Dips 2 Percent

BELLINGHAM, Wash. -- November 6, 2025

eXp World Holdings, parent of eXp Realty, reported third-quarter revenue of 1.3 billion dollars, up 7 percent from a year earlier, and net income of 3.5 million dollars, or 0.02 dollars per diluted share, compared with a net loss of 8.5 million dollars in the third quarter of 2024. Adjusted EBITDA was 17.7 million dollars.

Real estate transactions rose 3 percent to 121,516 and transaction volume increased 7 percent to 54.1 billion dollars, while the agent count declined 2 percent to 83,446. The company ended the quarter with 112.8 million dollars in cash and cash equivalents, and returned 24.1 million dollars to shareholders through 16.4 million dollars of share repurchases and 7.7 million dollars in dividends. The board declared a fourth-quarter dividend of 0.05 dollars per share.

"Our third quarter results underscore the strength of eXp's model and the power of our agents," said eXp Realty Chief Executive Leo Pareja. Founder, Chairman and Chief Executive Glenn Sanford said eXp continues to solidify its position as the platform for the future of real estate. The company's global agent net promoter score was 75, down from 76 a year earlier.