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May 12, 2026·SEC
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May 11, 2026·SEC
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May 7, 2026·SEC
eXp World Holdings, Inc.(EXPI)Earnings, Financials & Key Ratios
EXPI•NASDAQ
$4.73
Price updated Jul 2, 2026
SectorReal EstateIndustryReal Estate ServicesSub-IndustryResidential real estate brokerages and franchises
AbouteXp World Holdings, Inc., together with its subsidiaries, provides cloud-based real estate brokerage services for residential homeowners and homebuyers. The company facilitates buyers to search real-time property listings and sellers to list their properties through its various platforms; and offers buyers and sellers with access to a network of professionals, consumer-centric agents, and brokers. It is also involved in building 3D virtual worlds for work, education, and events; and focused on agent website and consumer real estate portal technology. In addition, the company operates SUCCESS print magazine, SUCCESS.com portal, SUCCESS newsletters, podcasts, digital training courses, and affiliated social media accounts across platforms. Further, it provides marketing, training, and other support services to its brokers and agents through proprietary technology enabled services, as well as technology and support services contracted to third parties. eXp World Holdings, Inc. operates in the United States, Canada, the United Kingdom, Australia, South Africa, India, Portugal, France, Mexico, Puerto Rico, Brazil, Italy, Hong Kong, Colombia, Spain, Israel, Panama, and Germany. The company was formerly known as eXp Realty International Corporation and changed its name to eXp World Holdings, Inc. in May 2016. eXp World Holdings, Inc. was incorporated in 2008 and is based in Bellingham, Washington.Show more
- Revenue$4.77B+4.5%
- EBITDA-$12M-36.7%
- Net Income-$23M-6.8%
- EPS (Diluted)-0.14
- Gross Margin6.99%-6.8%
- EBITDA Margin-0.25%-30.8%
- Operating Margin-0.45%-8.2%
- Net Margin-0.48%-2.2%
- ROE-10.15%-7.1%
EXPI Price & Volume
eXp World Holdings, Inc. (EXPI) stock price & volume — 10-year historical chart
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Thin Margins Challenge Scalable Brokerage Growth Model
Investment Thesis • Updated 2026Q1
VerdictNeutral
Growth:Mixed
Profitability:Strained
Financial:Healthy
Cash Flow:Mixed
Primary Risk:Commission Compression and Saturation
Key Thesis Takeaways
- eXp World Holdings faces significant structural headwinds as its high-split brokerage model struggles to convert $1.0 billion in quarterly revenue into consistent operating profitability.
- While the company maintains a healthy liquidity position with $122.1 million in cash, the persistent erosion of retained earnings to -$134.7 million and reliance on stock-based compensation suggest that the current growth strategy may be nearing market saturation.
- Investors should monitor whether the company can achieve operating leverage, as recent quarters have seen operating margins dip to -0.9% despite the asset-light architecture.
Verdict Logic
the company's inability to maintain positive net income, which reached -$5.1 million in 2026Q1, warrants caution despite the presence of a $122.1 million cash buffer.
EXPI Growth Metrics
eXp World Holdings, Inc. (EXPI) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years70.59%
5 Years21.56%
3 Years1.31%
TTM5.32%
Profit CAGR
10 Years-
5 Years-
3 Years-
TTM-0.82%
EPS CAGR
10 Years-
5 Years-
3 Years-
TTM6.11%
Return on Capital
10 Years-242.23%
5 Years1.46%
3 Years-5.95%
Last Year-9.59%
EXPI Recent Earnings
eXp World Holdings, Inc. (EXPI) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 2/12 qtrs (17%)●Beat Revenue 10/12 qtrs (83%)
Q2 2026Latest
May 11, 2026Metric
Actual
Est
EPS
$0.03+40.0%
$0.05
Rev
$1.0B+3.5%
$971M
Q1 2026
Feb 24, 2026Metric
Actual
Est
EPS
$0.08-166.7%
$0.03
Rev
$1.2B+2.6%
$1.2B
Q4 2025
Nov 6, 2025Metric
Actual
Est
EPS
$0.02-75.0%
$0.08
Rev
$1.3B+12.8%
$1.2B
Q3 2025
Jul 31, 2025Metric
Actual
Est
EPS
$0.06-50.0%
$0.12
Rev
$1.3B+5.2%
$1.2B
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | May 11, 2026 | $0.03vs $0.05+40.0% | $1.0Bvs $971M+3.5% |
| Q1 2026 | Feb 24, 2026 | $0.08vs $0.03-166.7% | $1.2Bvs $1.2B+2.6% |
| Q4 2025 | Nov 6, 2025 | $0.02vs $0.08-75.0% | $1.3Bvs $1.2B+12.8% |
| Q3 2025 | Jul 31, 2025 | $0.06vs $0.12-50.0% | $1.3Bvs $1.2B+5.2% |
Based on last 12 quarters of dataView full earnings history →
Peers Comparison
Key metrics vs top competitors for eXp World Holdings, Inc. (EXPI)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $4.73 | $753.34M | -33.79 | 4.48% | -0.48% | -10.15% | 4.08% | |
| $11.88 | $7.23B | -118.80 | 23.67% | 0.17% | 1.11% | — | |
| $17.64 | $1.98B | -15.34 | 0.99% | -2.18% | -8.37% | — | |
| $14.63 | $41.32B | -532.00 | 27.37% | 2.82% | 1.53% | — | |
| $1.95 | $177.27M | 11.47 | 3.76% | 0.5% | 3.26% | — | |
| $1.00 | $34.11M | -1.41 | 25.45% | -4.83% | -49.25% | — |
Compare EXPI vs Peers
eXp World Holdings, Inc. (EXPI) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
EXPI SEC Filings & Documents
eXp World Holdings, Inc. (EXPI) SEC filings — annual & quarterly reports (10-K, 10-Q)
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EXPI Frequently Asked Questions
eXp World Holdings, Inc. (EXPI) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
What is eXp World Holdings, Inc.'s revenue?
eXp World Holdings, Inc. (EXPI) reported $4.82B in revenue for fiscal year 2025.
How fast is eXp World Holdings, Inc. growing?
eXp World Holdings, Inc. (EXPI) grew revenue by 4.5% over the past year. Growth has been modest.
Is EXPI profitable?
eXp World Holdings, Inc. (EXPI) reported a net loss of $16.8M for fiscal year 2025.
Dividend & Returns
Does EXPI pay dividends?
Yes, eXp World Holdings, Inc. (EXPI) pays a dividend with a yield of 4.08%. This makes it attractive for income-focused investors.
What is EXPI's return on equity?
eXp World Holdings, Inc. (EXPI) has a return on equity (ROE) of -10.1%. Negative ROE indicates the company is unprofitable.
What is eXp World Holdings, Inc.'s free cash flow?
eXp World Holdings, Inc. (EXPI) generated $89.6M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.