Douglas Elliman Q2 revenue rises 4.5% to $283.4 million; net loss narrows to $2.7 million
Douglas Elliman reported second-quarter 2026 revenue of $283.4 million, up from $271.4 million a year earlier, and cut its net loss to $2.7 million, or $0.03 per diluted share, from $22.7 million, or $0.27 per share. For the first six months, revenue fell to $497.8 million from $524.8 million, though the net loss narrowed to $19.0 million from $28.7 million; the company disposed of its property management business in October 2025, which affects the comparison.
Key points
- Q2 2026 revenue was $283.4 million vs. $271.4 million in Q2 2025; excluding property management, Q2 2025 revenue was $260.9 million.
- Q2 2026 operating loss was $3.4 million vs. $5.5 million a year earlier; adjusted EBITDA loss was $1.0 million vs. $3.6 million.
- Six-month revenue was $497.8 million vs. $524.8 million, and the six-month adjusted EBITDA loss widened to $11.4 million from $4.5 million.
- Cash was $105.2 million and the company had no long-term debt as of June 30, 2026.
The filing
Written by AI on Nov 9, 2026, 11:44 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 August 07, 2026.
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.