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eXp World Holdings Reports Q1 2025 Results

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eXp World Holdings (NASDAQ: EXPI) reported its Q1 2025 financial results, showing mixed performance. Revenue increased 1% to $954.9 million, but the company recorded a net loss of $(11.0) million, or $(0.07) per share. The company's cash position strengthened to $115.7 million, up from $109.2 million year-over-year. Operational metrics showed some challenges, with agent count decreasing 5% to 81,904, and transactions down 2% to 89,643. However, real estate sales volume grew 4% to $38.6 billion. The company maintained its shareholder returns, distributing $12.6 million through stock repurchases ($5.0 million) and dividends ($7.6 million). Notable achievements include doubled international revenue, expansion into Perú and Türkiye, and improved agent satisfaction with a Net Promoter Score of 78, up from 73.
eXp World Holdings (NASDAQ: EXPI) ha riportato i risultati finanziari del primo trimestre 2025, mostrando una performance mista. I ricavi sono aumentati dell'1% raggiungendo 954,9 milioni di dollari, ma l'azienda ha registrato una perdita netta di 11,0 milioni di dollari, ovvero 0,07 dollari per azione. La posizione di cassa si è rafforzata a 115,7 milioni di dollari, rispetto ai 109,2 milioni dell'anno precedente. I dati operativi evidenziano alcune difficoltà, con un calo del 5% nel numero di agenti, scesi a 81.904, e una diminuzione del 2% nelle transazioni, ferme a 89.643. Tuttavia, il volume delle vendite immobiliari è cresciuto del 4%, raggiungendo i 38,6 miliardi di dollari. L'azienda ha mantenuto i ritorni per gli azionisti, distribuendo 12,6 milioni di dollari attraverso riacquisti di azioni (5,0 milioni) e dividendi (7,6 milioni). Tra i risultati più significativi si segnalano il raddoppio dei ricavi internazionali, l'espansione in Perù e Turchia, e un miglioramento nella soddisfazione degli agenti con un Net Promoter Score di 78, in aumento rispetto a 73.
eXp World Holdings (NASDAQ: EXPI) reportó sus resultados financieros del primer trimestre de 2025, mostrando un desempeño mixto. Los ingresos aumentaron un 1% hasta 954,9 millones de dólares, pero la compañía registró una pérdida neta de 11,0 millones de dólares, o 0,07 dólares por acción. La posición de efectivo se fortaleció a 115,7 millones de dólares, frente a los 109,2 millones del año anterior. Las métricas operativas mostraron algunos desafíos, con una disminución del 5% en el número de agentes, que bajaron a 81.904, y una caída del 2% en las transacciones, que fueron 89.643. Sin embargo, el volumen de ventas inmobiliarias creció un 4% hasta 38,6 mil millones de dólares. La compañía mantuvo sus retornos para los accionistas, distribuyendo 12,6 millones de dólares mediante recompras de acciones (5,0 millones) y dividendos (7,6 millones). Entre los logros destacados se incluyen la duplicación de los ingresos internacionales, la expansión en Perú y Turquía, y una mejora en la satisfacción de los agentes con un Net Promoter Score de 78, frente a 73.
eXp World Holdings (NASDAQ: EXPI)� 2025� 1분기 재무 실적� 발표하며 혼조� 성과� 보였습니�. 매출은 1% 증가하여 9� 5,490� 달러� 기록했으�, 순손실은 1,100� 달러, 주당 손실은 0.07달러였습니�. 회사� 현금 보유액은 전년 동기 대� 증가하여 1� 1,570� 달러� 달했습니�. 운영 지표에서는 도전 과제가 나타났는�, 에이전트 수가 5% 감소하여 81,904명으� 줄었� 거래 건수� 2% 감소하여 89,643건을 기록했습니다. 하지� 부동산 판매량은 4% 증가하여 386� 달러� 이르렀습니�. 회사� 주식 재매�(500� 달러)� 배당�(760� 달러)� 통해 � 1,260� 달러� 주주에게 환원하며 주주 수익� 유지했습니다. 주요 성과로는 국제 매출 � � 증가, 페루 � 터키 시장 진출, 그리� 에이전트 만족� 향상(� 프로모터 점수 73에서 78� 상승)� 있습니다.
eXp World Holdings (NASDAQ : EXPI) a publié ses résultats financiers du premier trimestre 2025, présentant des performances mitigées. Le chiffre d'affaires a augmenté de 1 % pour atteindre 954,9 millions de dollars, mais la société a enregistré une perte nette de 11,0 millions de dollars, soit 0,07 dollar par action. La trésorerie s'est renforcée à 115,7 millions de dollars, en hausse par rapport à 109,2 millions un an plus tôt. Les indicateurs opérationnels ont montré quelques difficultés, avec une baisse de 5 % du nombre d'agents, à 81 904, et une diminution de 2 % des transactions, à 89 643. Cependant, le volume des ventes immobilières a progressé de 4 %, atteignant 38,6 milliards de dollars. La société a maintenu ses retours aux actionnaires, distribuant 12,6 millions de dollars via des rachats d'actions (5,0 millions) et des dividendes (7,6 millions). Parmi les réalisations notables figurent le doublement des revenus internationaux, l'expansion au Pérou et en Turquie, ainsi qu'une amélioration de la satisfaction des agents avec un Net Promoter Score de 78, en hausse par rapport à 73.
eXp World Holdings (NASDAQ: EXPI) veröffentlichte seine Finanzergebnisse für das erste Quartal 2025 und zeigte dabei gemischte Leistungen. Der Umsatz stieg um 1 % auf 954,9 Millionen US-Dollar, jedoch verzeichnete das Unternehmen einen Nettoverlust von 11,0 Millionen US-Dollar bzw. 0,07 US-Dollar je Aktie. Die Barreserve des Unternehmens erhöhte sich auf 115,7 Millionen US-Dollar, verglichen mit 109,2 Millionen im Vorjahreszeitraum. Operative Kennzahlen zeigten einige Herausforderungen, mit einem Rückgang der Agentenzahl um 5 % auf 81.904 und einem Transaktionsrückgang von 2 % auf 89.643. Der Immobilienverkaufsvolumen wuchs jedoch um 4 % auf 38,6 Milliarden US-Dollar. Das Unternehmen hielt die Aktionärsrenditen aufrecht und verteilte 12,6 Millionen US-Dollar durch Aktienrückkäufe (5,0 Millionen) und Dividenden (7,6 Millionen). Zu den bemerkenswerten Erfolgen zählen eine Verdopplung der internationalen Einnahmen, die Expansion nach Peru und Türkei sowie eine verbesserte Agentenzufriedenheit mit einem Net Promoter Score von 78, gegenüber 73 zuvor.
Positive
  • Revenue increased 1% to $954.9 million despite market challenges
  • AG˹ٷ estate sales volume grew 4% to $38.6 billion
  • International revenue doubled year-over-year
  • Cash position improved to $115.7 million from $109.2 million YoY
  • Agent Net Promoter Score improved to 78 from 73
  • Continued shareholder returns with $12.6 million in dividends and buybacks
Negative
  • Net loss of $11.0 million reported
  • Agent count decreased 5% to 81,904
  • AG˹ٷ estate transactions declined 2% to 89,643

Insights

eXp reports mixed Q1: 1% revenue growth, net loss of $11M, with improved cash position amid agent count decline.

eXp World Holdings delivered mixed financial results for Q1 2025. Revenue increased marginally by 1% to $954.9 million, but the company reported a net loss of $11.0 million ($0.07 per diluted share). This contrasts with their positive Adjusted EBITDA of $2.2 million, indicating the core business remains operationally profitable despite bottom-line challenges.

The company's cash position shows improvement, with cash and equivalents increasing to $115.7 million from $109.2 million year-over-year. Cash generation remains robust with $39.8 million provided by operating activities and adjusted operating cash flow of $28.2 million.

Despite posting a net loss, eXp continues returning capital to shareholders through a $0.05 quarterly dividend and $5.0 million in share repurchases, totaling $12.6 million distributed in the quarter. This suggests management confidence in the company's underlying financial health.

Operationally, eXp's agent count decreased by 5% to 81,904, while real estate transaction count fell 2% to 89,643. However, total sales volume increased 4% to $38.6 billion, indicating higher average transaction values. This divergence suggests the company may be retaining more productive agents while seeing attrition among less productive ones.

The international expansion appears to be gaining momentum, with management reporting more than doubled year-over-year international revenue, though specific figures weren't disclosed. New market entries into Peru and Turkey continue eXp's global growth strategy.

eXp enhances agent value proposition amid industry shifts with rising satisfaction scores despite agent count decline.

eXp's Q1 results reflect the company's navigation through a transforming real estate landscape. The improvement in agent Net Promoter Score to 78 (up from 73 year-over-year) is particularly notable. This high satisfaction metric, despite a 5% agent count reduction, suggests eXp is successfully enhancing its value proposition for remaining agents.

The company's strategic initiatives, including an open-sourced seller advisory form and Zillow partnership, position eXp as responding proactively to industry-wide changes in transparency requirements. Their new co-sponsor program creates additional income pathways for agents, potentially offsetting commission pressures facing the industry.

The 4% growth in sales volume despite fewer transactions (-2%) reflects a shift toward higher-value properties. This could indicate strategic positioning in premium market segments or changing inventory dynamics.

Management's references to "protecting transparency, consumer choice, and healthy competition" likely address ongoing industry changes following recent legal settlements affecting traditional commission structures. eXp appears to be positioning itself as an advocate for both consumers and agents during this transition period.

The international expansion strategy demonstrates market diversification beyond North America. International revenue reportedly more than doubled year-over-year, with new operations in Peru and Turkey extending eXp's global presence. The company's virtual business model appears to facilitate cross-border scaling, though each market brings unique regulatory challenges.

eXp's technology-focused value proposition continues to evolve, with management emphasizing enhanced tech and training as focal points for 2025. Their virtual operations model inherently supports lower fixed costs compared to traditional brokerages, though the net loss suggests ongoing investment in growth initiatives.

eXp World Holdings Reports Q1 2025 Results

BELLINGHAM, Wash., May 06, 2025 (GLOBE NEWSWIRE) -- eXp World Holdings, Inc. (Nasdaq: EXPI), “eXp� or the “Company�, “the most agent-centric™� real estate brokerage on the planet and the core subsidiary of eXp World Holdings, Inc., today announced financial results for the first quarter ended March 31, 2025.

“We’re entering 2025 from a position of strength. eXp has built one of the most comprehensive, tech-enabled agent value stack in the industry � one that’s driving record International agent productivity and empowering entrepreneurs at scale,� said Glenn Sanford, Founder, Chairman and CEO of eXp World Holdings. “This quarter alone, we more than doubled our international revenue year-over-year and expanded our footprint into Perú and Türkiye, further proving that our agent-first model transcends borders. Agent success has always been the foundation of eXp’s strategy � and in 2025, we plan to double down with enhanced tech, smarter training, and even more pathways to help agents close more deals, build generational wealth, and create the freedom they deserve."

“The real estate industry is at a pivotal crossroads, and eXp is proudly leading the charge to protect transparency, consumer choice, and healthy competition � values that have defined our marketplace for decades,� said Leo Pareja, CEO of eXp AG˹ٷty. “eXp was built by agents, for agents, and we continue to raise the bar. Recently, we launched the industry’s first open-sourced seller advisory form and were the first to partner with Zillow to support consumer transparency. With the rollout of our co-sponsor program, we’ve also unlocked new income pathways for agents. As we look forward, we’re not just defending our industry � we’re building the future of it, with our agents at the center.�

First Quarter 2025 Consolidated Financial Highlights as Compared to the Same Year-Ago Period:

  • Revenue increased 1% to $954.9 million.
  • Net loss of $(11.0) million and loss per diluted share of $(0.07).
  • Adjusted EBITDA1 (a non-GAAP financial measure) of $2.2 million.
  • As of March 31, 2025, cash and cash equivalents totaled $115.7 million, compared to $109.2 million as of March 31, 2024.
  • Net cash provided by operating activities of $39.8 million
  • Adjusted operating cash flow2 (a non-GAAP financial measure) of $28.2 million.
  • Distributed $12.6 million to shareholders, including $5.0 million of common stock repurchases and $7.6 million of cash dividends.
  • The Company paid a cash dividend for the first quarter of 2025 of $0.05 per share of common stock on March 19, 2025. On May 5, 2025, the Company’s Board of Directors declared a cash dividend of $0.05 per share of common stock for the first quarter of 2025, expected to be paid on June 4, 2025 to stockholders of record on May 19, 2025.

First Quarter 2025 Operational Highlights as Compared to the Same Year-Ago Period:

  • eXp ended the first quarter of 2025 with a global agent Net Promoter Score (“aNPS�) of 78, up from 73 in the prior-year period. aNPS is a measure of agent satisfaction and an important key performance indicator given the Company’s intense focus on improving the agent experience.
  • Agents and brokers on the eXp AG˹ٷty platform decreased 5% to 81,904 as of March 31, 2025.
  • AG˹ٷ estate sales transactions decreased 2% to 89,643 in the first quarter of 2025.
  • AG˹ٷ estate sales volume increased 4% to $38.6 billion in the first quarter of 2025.

First Quarter 2025 Results � Virtual Fireside Chat

The Company will hold a virtual fireside chat and investor Q&A with eXp World Holdings Founder and Chief Executive Officer Glenn Sanford, eXp AG˹ٷty Chief Executive Officer Leo Pareja, eXp AG˹ٷty Chief Marketing Officer Wendy Forsythe, Managing Director, eXp International Felix Bravo, and eXp World Holdings Interim Chief Financial Officer Jesse Hill on Tuesday, May 6, 2025 at 2 p.m. PT / 5 p.m. ET.

__________________________

1 A reconciliation of adjusted EBITDA, a non-GAAP measure, to net income and a discussion of why management believes adjusted EBITDA is useful is included below.
2 A reconciliation of adjusted operating cash flow, a non-GAAP measure, to operating cash flow and a discussion of why management believes adjusted operating cash flow is useful is included below.

The investor Q&A is open to investors, current shareholders and anyone interested in learning more about eXp World Holdings and its companies. Submit questions in advance for inclusion to .

Date: Tuesday, May 6, 2025

Time: 2 p.m. PT / 5 p.m. ET

Location: exp.world. Join at

Livestream:

About eXp World Holdings, Inc.
eXp World Holdings, Inc. (Nasdaq: EXPI) (the “Company�) is the holding company for eXp AG˹ٷty® and SUCCESS® Enterprises. eXp AG˹ٷty is the largest independent real estate brokerage in the world, with over 81,000 agents across 26 countries. As a cloud-based, agent-centric brokerage, eXp AG˹ٷty provides real estate agents industry-leading commission splits, revenue share, equity ownership opportunities, and a global network that empowers agents to build thriving businesses. For more information about eXp World Holdings, Inc., visit:

SUCCESS® Enterprises, anchored by SUCCESS® magazine, has been a trusted name in personal and professional development since 1897. As part of the eXp ecosystem, it offers agents access to valuable resources to enhance their skills, grow their businesses, and achieve long-term success. For more information about SUCCESS, visit.

eXp World Holdings, Inc. intends to use its:

  • eXp investors website (www.expworldholdings.com/investors/);
  • eXp AG˹ٷty LinkedIn page (https://www.linkedin.com/company/exp-realty/);
  • eXp AG˹ٷty Facebook Page (https://www.facebook.com/eXpAG˹ٷty);
  • eXp AG˹ٷty Instagram Page (https://www.instagram.com/eXpAG˹ٷty);
  • eXp International LinkedIn Page (https://www.linkedin.com/company/exp-realty-international/);
  • eXp International Facebook Page (https://www.facebook.com/expintl/);
  • eXp International Instagram Page (https://www.instagram.com/exp.intl/);
  • eXp World Holdings LinkedIn page (https://www.linkedin.com/company/expworldholdings/);
  • eXp World Holdings Facebook Page (https://www.facebook.com/eXpWorldHoldings); and
  • eXp World Holdings Instagram Page (https://www.instagram.com/eXpWorldHoldings)
  • eXp AG˹ٷty X Page (https://x.com/eXpAG˹ٷty)
  • eXp World Holdings X page (https://x.com/eXpWorldIR)

as a means of disclosing material non-public information and to comply with its disclosure obligations under Regulation FD.

Use of Non-GAAP Financial Measures

To provide investors with additional information regarding our financial results, this press release includes references to adjusted EBITDA and adjusted operating cash flow which are non-U.S. GAAP financial measures that may be different from similarly titled measures used by other companies. These measures are presented to enhance investors� overall understanding of the Company’s financial performance and should not be considered a substitute for, or superior to, the financial information prepared and presented in accordance with U.S. GAAP.

The Company’s non-U.S. GAAP financial measures provide useful information about financial performance, enhance the overall understanding of past performance and future prospects, and allow for greater transparency with respect to key metrics used by management for financial and operational decision-making. These measures may also provide additional tools for investors to use in comparing core financial performance over multiple periods with other companies in the industry.

  • Adjusted EBITDA helps identify underlying trends in the business that could otherwise be masked by the effect of the expenses excluded in adjusted EBITDA. In particular, the Company believes the exclusion of stock-based compensation and stock option expenses provides a useful supplemental measure in evaluating the performance of operations and provides better transparency into results of operations. The Company defines adjusted EBITDA to mean net income (loss) from continuing operations, excluding other income (expense), income tax benefit (expense), depreciation, amortization, impairment charges, litigation contingency expenses, stock-based compensation expense, stock option expense and other items not core to the operating activities of the Company.
  • Adjusted operating cash flow helps the reader understand the Company’s cash flow. The Company defines the adjusted operating cash flow to mean net cash provided by operating activities, excluding the change in customer deposits.

Adjusted EBITDA and adjusted operating cash flow should not be considered in isolation from, or as a substitute for, financial information prepared in accordance with U.S. GAAP.

Safe Harbor Statement

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements reflect the Company’s and its management’s current expectations but involve known and unknown risks and uncertainties that could impact actual results materially. These statements include, but are not limited to, statements regarding international expansion, revenue growth; dividends; additions of teams and agents in the future; technology development; and financial performance. Important factors that may cause actual results to differ materially and adversely from those expressed in forward-looking statements include real estate market fluctuations, changes in agent retention or recruitment, the Company’s ability to expand successfully in international markets, competitive pressures, regulatory changes, outcomes of ongoing litigation, and other risks detailed from time to time in the Company’s Securities and Exchange Commission filings, including but not limited to the Company’s most recently filed Annual Report on Form 10-K and subsequent Quarterly Reports on Form 10-Q. New risk factors and uncertainties may emerge from time to time, and it is not possible for management to predict all risk factors and uncertainties. We do not undertake any obligation to update these statements except as required by law.

Media Relations Contact:
eXp World Holdings, Inc.

Investor Relations Contact:
Denise Garcia

EXP WORLD HOLDINGS, INC.
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
(In thousands, except share amounts and per share data)
(UNAUDITED)
Three Months Ended March 31,
20252024
Revenues$954,906$943,054
Commissions and other agent-related costs878,771864,746
General and administrative expenses66,87162,582
Technology and development expenses16,80514,761
Sales and marketing expenses2,8353,139
Litigation contingency-16,000
Total operating expenses965,282961,229
Operating (loss) income(10,376)(18,174)
Other (income) expense
Other (income) expense, net(943)(1,188)
Equity in (income) losses of unconsolidated affiliates(80)149
Total other (income) expense, net(1,023)(1,039)
(Loss) income before income tax expense(9,353)(17,135)
Income tax (benefit) expense1,671(3,305)
Net (loss) income from continuing operations(11,024)(13,830)
Net (loss) income from discontinued operations-(1,809)
Net (loss) income$(11,024)$(15,639)
Earnings (loss) per share
Basic, net (loss) income from continuing operations$(0.07)$(0.09)
Basic, net (loss) income from discontinued operations-(0.01)
Basic, net (loss) income$(0.07)$(0.10)
Diluted, net (loss) income from continuing operations$(0.07)$(0.09)
Diluted, net (loss) income from discontinued operations-(0.01)
Diluted, net (loss) income$(0.07)$(0.10)
Weighted average shares outstanding
Basic154,738,167154,740,334
Diluted154,738,167154,740,334


CONSOLIDATED US-GAAP NET (LOSS) INCOME TO ADJUSTED EBITDA RECONCILIATION
(In thousands)
(UNAUDITED)
Three Months Ended March 31,
2025
2024
Net (loss) income from continuing operations$(11,024)$(13,830)
Total other (income) expense, net(1,023)(1,039)
Income tax (benefit) expense1,671(3,305)
Depreciation and amortization2,5612,399
Litigation contingency16,000
Stock-based compensation expense (1)8,1198,827
Stock option expense1,8531,990
Adjusted EBITDA$2,157$11,042


ADJUSTED OPERATING CASH FLOW
(In thousands)
(UNAUDITED)
Three Months Ended March 31,
20252024
Net Cash Provided by Operating Activities$39,838$60,654
Less: Customer Deposits11,68531,239
Adjusted Operating Cash Flow$28,153$29,415



EXP WORLD HOLDINGS, INC.
CONDENSED CONSOLIDATED BALANCE SHEETS
(In thousands, except share amounts)
(UNAUDITED)
March 31, 2025December 31, 2024
ASSETS
CURRENT ASSETS
Cash and cash equivalents$115,655$113,607
Restricted cash66,56954,981
Accounts receivable, net of allowance for credit losses of $2,194 and $1,589, respectively104,04587,692
Prepaids and other assets14,65511,692
TOTAL CURRENT ASSETS300,924267,972
Property, plant, and equipment, net12,20911,615
Other noncurrent assets21,85311,679
Intangible assets, net6,2516,456
Deferred tax assets, net77,28375,774
Goodwill17,26317,226
TOTAL ASSETS$435,783$390,722
LIABILITIES AND EQUITY
CURRENT LIABILITIES
Accounts payable$10,109$10,478
Customer deposits67,34555,660
Accrued expenses112,11185,661
Litigation contingency34,00034,000
Other current liabilities23854
TOTAL CURRENT LIABILITIES223,803185,853
TOTAL LIABILITIES223,803185,853
EQUITY
Common Stock, $0.00001 par value 900,000,000 shares authorized; 197,536,271 issued and 156,169,130 outstanding at March 31, 2025; 195,028,207 issued and 154,133,385 outstanding at December 31, 202422
Additional paid-in capital993,164962,758
Treasury stock, at cost: 41,367,141 and 40,894,822 shares held, respectively(691,662)(686,680)
Accumulated deficit(86,761)(68,135)
Accumulated other comprehensive (loss)(2,763)(3,076)
TOTAL EQUITY211,980204,869
TOTAL LIABILITIES AND EQUITY$435,783$390,722


EXP WORLD HOLDINGS, INC.
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
(In thousands)
(UNAUDITED)
Three Months Ended March 31,
20252024
OPERATING ACTIVITIES
Net (loss) income$(11,024)$(15,639)
Reconciliation of net income (loss) to net cash provided by operating activities:
Depreciation expense1,9452,059
Amortization expense - intangible assets616340
Allowance for credit losses on receivables/bad debt on receivables605159
Equity in (income) loss of unconsolidated affiliates(80)149
Agent growth incentive stock-based compensation expense8,1198,827
Stock option compensation1,8531,990
Agent equity stock-based compensation expense20,75625,868
Deferred income taxes, net(1,509)(4,786)
Changes in operating assets and liabilities:
Accounts receivable(15,808)(20,141)
Prepaids and other assets(2,963)(311)
Customer deposits11,68531,239
Accounts payable(369)197
Accrued expenses25,82814,703
Litigation contingency-16,000
Other operating activities184-
NET CASH PROVIDED BY OPERATING ACTIVITIES39,83860,654
INVESTING ACTIVITIES
Purchases of property and equipment(2,553)(1,323)
Investments in unconsolidated affiliates(11,244)(3,807)
Capitalized software development costs in intangible assets(450)(115)
NET CASH USED IN INVESTING ACTIVITIES(14,247)(5,245)
FINANCING ACTIVITIES
Repurchase of common stock(4,982)(33,032)
Proceeds from exercise of options300977
Transactions with noncontrolling interests-(1,169)
Dividends declared and paid(7,602)(7,585)
NET CASH USED IN FINANCING ACTIVITIES(12,284)(40,809)
Effect of changes in exchange rates on cash, cash equivalents and restricted cash329(589)
Net change in cash, cash equivalents and restricted cash13,63614,011
Cash, cash equivalents and restricted cash, beginning balance168,588169,893
CASH, CASH EQUIVALENTS AND RESTRICTED CASH, ENDING BALANCE$182,224$183,904
SUPPLEMENTAL DISCLOSURE OF CASH FLOWS INFORMATION:
Cash paid for income taxes1,4801,109
SUPPLEMENTAL DISCLOSURE OF NON-CASH INVESTING AND FINANCING ACTIVITIES:
Property and equipment purchases in accounts payable21430

A photo accompanying this announcement is available at


FAQ

What were EXPI's key financial results for Q1 2025?

EXPI reported Q1 2025 revenue of $954.9 million (+1% YoY), a net loss of $11.0 million, and adjusted EBITDA of $2.2 million. Cash and equivalents stood at $115.7 million.

How many agents does eXp AG˹ٷty have as of Q1 2025?

eXp AG˹ٷty had 81,904 agents as of March 31, 2025, representing a 5% decrease from the same period last year.

What dividends did EXPI pay in Q1 2025?

EXPI paid a quarterly dividend of $0.05 per share on March 19, 2025, and declared another $0.05 dividend payable on June 4, 2025.

How did eXp's international expansion perform in Q1 2025?

eXp's international revenue more than doubled year-over-year, with expansion into new markets including Perú and Türkiye.

What was eXp's real estate sales volume in Q1 2025?

eXp's real estate sales volume increased 4% to $38.6 billion in Q1 2025, despite a 2% decrease in transaction count.
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AG˹ٷ Estate Services
AG˹ٷ Estate Agents & Managers (for Others)
United States
BELLINGHAM