eXp World Holdings: Q1 revenue rises 1% to $954.9 million; net loss of $11.0 million
eXp World Holdings reported first-quarter 2025 revenue of $954.9 million, up 1% from a year earlier, and a net loss of $11.0 million, narrower than the $15.6 million net loss in the first quarter of 2024. Agent and broker count and transaction volume declined, and the company's board declared a $0.05 per share quarterly cash dividend.
Key points
- Revenue rose 1% to $954.9 million; net loss was $11.0 million, or $(0.07) per diluted share, versus $(0.10) a year earlier.
- Adjusted EBITDA, a non-GAAP measure, was $2.2 million, down from $11.0 million in the first quarter of 2024.
- Agents and brokers fell 5% to 81,904 and real estate sales transactions fell 2% to 89,643, while sales volume rose 4% to $38.6 billion.
- The $0.05 dividend is payable June 4, 2025 to holders of record May 19, 2025 per the press release; the Item 7.01 text gives May 30 and May 12 instead.
The filing
Written by AI on Nov 8, 2026, 2:07 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 06, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.