Every material Form 8-K eXp World Holdings filed with the SEC in 2025, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
eXp World Holdings disclosed that its Board approved a change to the cash pay of three executive officers: Leo Pareja, Wendy Forsythe, and James Bramble. Starting January 1, 2026, these officers will no longer take part in the discretionary annual cash bonus program, and their base salaries will rise by the amount of their maximum annual bonus target. The filing gives no dollar figures, so shareholders cannot yet judge the effect on total pay costs.
Board approved the change on December 23, 2025; it takes effect January 1, 2026.
Covered officers: Leo Pareja (CEO, eXp Realty), Wendy Forsythe (Chief Marketing Officer), and James Bramble (Chief Legal Counsel and Corporate Secretary).
Each officer's base salary rises by an amount equal to his or her maximum annual bonus target, and the officers exit the discretionary annual bonus program.
The filing does not state the dollar amounts of the salary increases or the bonus targets.
eXp World Holdings reported third-quarter 2025 revenue up 7% to $1.3 billion and net income of $3.5 million, or $0.02 per diluted share, compared with a net loss of $8.5 million, or $0.06 per share, a year earlier. The company also declared a $0.05 per share quarterly dividend, unchanged from the prior quarter, payable December 1, 2025.
Q3 2025 revenue rose 7% to $1.3 billion; real estate sales volume rose 7% to $54.1 billion.
Net income of $3.5 million ($0.02 per diluted share) vs. a net loss of $8.5 million ($0.06 per share) in Q3 2024.
Agents and brokers on the platform fell 2% to 83,446 as of September 30, 2025; agent Net Promoter Score was 75, down from 76.
Board declared a $0.05 per share dividend payable December 1, 2025, to holders of record on November 17, 2025.
For the quarter ended June 30, 2025, eXp World Holdings reported revenue up 1% to $1.3 billion, but a net loss of $2.3 million, or $(0.01) per diluted share, compared with net income of $12.4 million a year earlier. Adjusted EBITDA fell to $11.2 million from $32.8 million, and the Board declared a $0.05 per share quarterly dividend payable August 29, 2025.
Revenue rose 1% to $1.3 billion ($1,308.9 million) for the quarter ended June 30, 2025.
Net loss of $2.3 million, or $(0.01) per diluted share, versus net income of $12.4 million, or $0.08 per diluted share, a year earlier.
Adjusted EBITDA was $11.2 million, down from $32.8 million; cash and cash equivalents were $94.6 million at June 30, 2025.
Board declared a $0.05 per share dividend on July 24, 2025, payable August 29, 2025 to holders of record on August 15, 2025.
eXp World Holdings, Inc. appointed Jesse Hill as its permanent Chief Financial Officer, effective immediately, after he had served as Interim CFO since April 2025. The filing sets his annual base salary at $600,000 and grants him restricted stock units and stock options with fair market values of $230,938 and $692,812, respectively, both vesting over three years. The filing identifies the company as Nasdaq: EXPI, not AGNT as listed in the request.
Jesse Hill appointed permanent CFO, effective immediately; announced June 30, 2025 and in a press release dated July 2, 2025
Annual base salary of $600,000, effective June 30, 2025
Equity grant: RSUs with fair market value of $230,938 and options with fair market value of $692,812, each vesting quarterly over three years
Hill served as Interim CFO since April 2025 and joined the company in 2019
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.
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.
eXp World Holdings, Inc. (Nasdaq: EXPI) appointed Jesse Hill, its VP of International Finance and Corporate FP&A, as Interim Chief Financial Officer effective April 1, 2025. Current Principal Financial Officer Kent Cheng moves to an advisory role on March 31, 2025, and stays until August 31, 2025, and the company says it is still searching for a permanent CFO. The filing says Cheng's departure is not related to any disagreement about the financial statements or disclosures.
Jesse Hill, 37, has served as VP, International Finance & Corporate FP&A at eXp Realty, LLC since November 2024.
Hill's annual base salary is $450,000, effective April 1, 2025, plus option and restricted stock unit awards, each with a grant-date fair value of $150,000.
Kent Cheng transitions to an advisory role on March 31, 2025, and remains with the company until August 31, 2025; the search for a permanent CFO continues.
Jian (Kent) Cheng notified eXp World Holdings on March 3, 2025 that he will resign as Chief Accounting Officer and principal financial officer, effective March 31, 2025. Under an amendment to his offer letter dated March 5, 2025, he will serve as a strategic advisor through August 31, 2025, after which his employment ends. The company says its search for a permanent Chief Financial Officer is ongoing, so shareholders will be watching for who leads finance after the transition.
Resignation notice given March 3, 2025; effective date March 31, 2025
Cheng to serve as strategic advisor through August 31, 2025, then employment terminates
Offer letter amendment dated March 5, 2025, filed as Exhibit 10.1
Search for a permanent Chief Financial Officer remains ongoing
eXp World Holdings, Inc. (Nasdaq: EXPI) reported fourth-quarter and full-year 2024 results, with full-year revenue up 7% but a full-year net loss of $21.3 million, compared with a $9.0 million loss in 2023, including a $34.0 million litigation contingency accrual. The filing also shows a narrower fourth-quarter loss and a $0.05 per share quarterly dividend declared for shareholders of record on March 4, 2025. The filing names the issuer as eXp World Holdings, not AGNT, so this report reflects that company.
Full-year 2024 revenue rose 7% to $4.6 billion; fourth-quarter revenue was $1.1 billion.
Full-year net loss was $21.3 million ($0.14 per diluted share), including a $34.0 million litigation contingency; fourth-quarter net loss was $9.5 million versus $21.2 million a year earlier.
Full-year adjusted net income, a non-GAAP measure, was $12.2 million ($0.08 per diluted share).
Board declared a $0.05 per share dividend on Feb. 14, 2025, payable March 19, 2025 to holders of record on March 4, 2025.
On December 9, 2024, eXp World Holdings and its subsidiaries agreed to a settlement resolving a nationwide class action brought by 1925 Hooper LLC and others, in exchange for a $34 million payment into a qualified settlement fund. The company also agreed to changes in certain business practices, and the settlement still needs preliminary and final court approval. The filing says the company expects a $34.0 million pre-tax charge, which will affect its results and cash flows.
Settlement Amount of $34 million, with 50% due within 30 business days after preliminary court approval and the remaining 50% due by the one-year anniversary of the initial payment
Company expects the preliminary court approval to occur in the first or second quarter of 2024, as stated in the filing
Expected $34.0 million pre-tax charge for the Settlement Amount
Settlement is subject to preliminary and final court approval and makes no admission of liability
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.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every eXp World Holdings filing is on SEC EDGAR ↗. 8-K briefs of other companies →