eXp World Holdings, Inc. (EXPI) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 1.01B | 1.19B | 1.32B | 1.31B | 954.91M | 1.1B | 1.23B | 1.3B | 943.05M | 983.05M | 1.21B | 1.23B | 848.45M | 933.39M | 1.24B | 1.42B | 1.01B | 1.08B | 1.11B | 999.89M |
| Revenue Growth % | 5.3% | 8.53% | 6.94% | 1.05% | 1.26% | 11.71% | 1.52% | 5.21% | 11.15% | 5.32% | -2.11% | -13% | -16.06% | -13.33% | 11.57% | 41.52% | 73.12% | 76.75% | 96.89% | 182.83% |
| Cost of Goods Sold | 930.19M | 1.11B | 1.23B | 1.22B | 878.77M | 1.02B | 1.14B | 1.2B | 864.75M | 912.2M | 1.13B | 1.14B | 776.84M | 850.33M | 1.15B | 1.31B | 927.27M | 993.88M | 1.03B | 919.97M |
| COGS % of Revenue | 92.51% | 93.41% | 93.45% | 92.92% | 92.03% | 92.82% | 92.88% | 92.47% | 91.7% | 92.79% | 93.18% | 92.24% | 91.56% | 91.1% | 92.48% | 92.42% | 91.74% | 92.29% | 92.84% | 92.01% |
| Gross Profit | 75.35M | 78.58M | 86.2M | 92.65M | 76.14M | 78.86M | 87.65M | 97.58M | 78.31M | 70.85M | 82.72M | 95.5M | 71.61M | 83.06M | 93.12M | 107.25M | 83.46M | 83.08M | 79.54M | 79.92M |
| Gross Margin % | 7.49% | 6.59% | 6.55% | 7.08% | 7.97% | 7.18% | 7.12% | 7.53% | 8.3% | 7.21% | 6.82% | 7.76% | 8.44% | 8.9% | 7.52% | 7.58% | 8.26% | 7.71% | 7.16% | 7.99% |
| Gross Profit Growth % | -1.03% | -0.35% | -1.65% | -5.04% | -2.77% | 11.3% | 5.96% | 2.17% | 9.35% | -14.7% | -11.17% | -10.95% | -14.2% | -0.03% | 17.07% | 34.2% | 56.05% | 64.89% | 69.79% | 132.58% |
| Operating Expenses | 84.14M | 91.31M | 82.19M | 95.03M | 86.51M | 89.88M | 95.99M | 79.04M | 96.48M | 98.6M | 79.02M | 82.67M | 71.61M | 93.77M | 93.1M | 95.6M | 79.02M | 81.54M | 68.38M | 63.4M |
| OpEx % of Revenue | 8.37% | 7.66% | 6.24% | 7.26% | 9.06% | 8.18% | 7.8% | 6.1% | 10.23% | 10.03% | 6.52% | 6.71% | 8.44% | 10.05% | 7.51% | 6.76% | 7.82% | 7.57% | 6.16% | 6.34% |
| Selling, General & Admin | 66.54M | 73.91M | 64.88M | 76.94M | 69.71M | 70.18M | 64.18M | 64.19M | 65.72M | 89.4M | 63.54M | 67.78M | 57.55M | 93.77M | 93.1M | 95.6M | 79.02M | 81.54M | 68.38M | 63.4M |
| SG&A % of Revenue | 6.62% | 6.2% | 4.93% | 5.88% | 7.3% | 6.39% | 5.21% | 4.96% | 6.97% | 9.09% | 5.24% | 5.51% | 6.78% | 10.05% | 7.51% | 6.76% | 7.82% | 7.57% | 6.16% | 6.34% |
| Research & Development | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Income | -8.79M | -12.73M | 4.02M | -2.38M | -10.38M | -11.02M | -8.33M | 18.54M | -18.17M | -27.75M | 3.71M | 12.84M | 2K | -10.71M | 26K | 11.65M | 4.44M | 1.54M | 11.17M | 16.51M |
| Operating Margin % | -0.87% | -1.07% | 0.3% | -0.18% | -1.09% | -1% | -0.68% | 1.43% | -1.93% | -2.82% | 0.31% | 1.04% | 0% | -1.15% | 0% | 0.82% | 0.44% | 0.14% | 1.01% | 1.65% |
| Operating Income Growth % | 15.3% | -15.49% | 148.19% | -112.82% | 42.91% | 60.27% | -324.94% | 44.41% | -908800% | -159.11% | 14150% | 10.19% | -99.95% | -794.04% | -99.77% | -29.46% | -9.88% | -80.3% | -26.64% | 98.5% |
| EBITDA | -8.79M | -10.43M | 6.44M | -104K | -7.82M | -8.48M | -5.96M | 21.5M | -15.78M | -25M | 6.5M | 15.62M | 2.58M | -8.03M | 2.79M | 14.08M | 6.4M | 3.28M | 12.86M | 18.02M |
| EBITDA Margin % | -0.87% | -0.87% | 0.49% | -0.01% | -0.82% | -0.77% | -0.48% | 1.66% | -1.67% | -2.54% | 0.54% | 1.27% | 0.3% | -0.86% | 0.23% | 0.99% | 0.63% | 0.3% | 1.16% | 1.8% |
| EBITDA Growth % | -12.45% | -22.99% | 208.14% | -100.48% | 50.46% | 66.1% | -191.69% | 37.69% | -711.2% | -211.58% | 132.55% | 10.92% | -59.67% | -344.66% | -78.28% | -21.88% | 2.58% | -63.71% | -20.74% | 95.02% |
| D&A (Non-Cash Add-back) | 0 | 2.31M | 2.42M | 2.27M | 2.56M | 2.55M | 2.38M | 2.96M | 2.4M | 2.74M | 2.79M | 2.78M | 2.58M | 2.68M | 2.77M | 2.43M | 1.96M | 1.74M | 1.69M | 1.51M |
| EBIT | -8.79M | -13.49M | 4.02M | -2.38M | -10.38M | -6.09M | 9.67M | 18.54M | -2.17M | -18.55M | 3.71M | 12.84M | 2K | -10.71M | 26K | 11.65M | 4.44M | 1.54M | 11.17M | 16.51M |
| Net Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Income/Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Pretax Income | -8.65M | -13.49M | 4.43M | -1.82M | -9.35M | -10.68M | -7.81M | 19.91M | -17.14M | -26.77M | 4.05M | 13.99M | 534K | -9.92M | -225K | 11.02M | 3.71M | 1.23M | 10.93M | 16.46M |
| Pretax Margin % | -0.86% | -1.13% | 0.34% | -0.14% | -0.98% | -0.97% | -0.63% | 1.54% | -1.82% | -2.72% | 0.33% | 1.14% | 0.06% | -1.06% | -0.02% | 0.78% | 0.37% | 0.11% | 0.98% | 1.65% |
| Income Tax | -3.55M | -591K | 932K | 468K | 1.67M | -2.44M | -1.33M | 8.15M | -3.31M | -5.57M | 1.79M | 2.63M | -1.46M | -2.72M | -4.63M | 1.66M | -5.15M | -14.23M | -12.88M | -20.59M |
| Effective Tax Rate % | 41.06% | 4.38% | 21.04% | -25.67% | -17.87% | 22.82% | 17.06% | 40.91% | 19.29% | 20.82% | 44.12% | 18.82% | -273.03% | 27.42% | 2056.44% | 15.07% | -138.6% | -1159.66% | -117.88% | -125.08% |
| Net Income | -5.1M | -12.9M | 3.5M | -2.29M | -11.02M | -9.51M | -8.51M | 12.38M | -15.64M | -21.2M | 1.35M | 9.42M | 1.45M | -7.2M | 4.4M | 9.36M | 8.88M | 15.5M | 23.82M | 37.05M |
| Net Margin % | -0.51% | -1.08% | 0.27% | -0.18% | -1.15% | -0.87% | -0.69% | 0.96% | -1.66% | -2.16% | 0.11% | 0.77% | 0.17% | -0.77% | 0.36% | 0.66% | 0.88% | 1.44% | 2.15% | 3.71% |
| Net Income Growth % | 53.76% | -35.68% | 141.11% | -118.5% | 29.51% | 55.16% | -730.54% | 31.43% | -1176.32% | -194.36% | -69.35% | 0.67% | -83.64% | -146.45% | -81.52% | -74.74% | 83.29% | 100.79% | 59.12% | 347.73% |
| Net Income (Continuing) | -5.1M | -12.9M | 3.5M | -2.29M | -11.02M | -8.24M | -6.48M | 11.77M | -13.83M | -21.2M | 2.27M | 11.36M | 1.99M | -7.2M | 4.4M | 9.36M | 8.86M | 15.46M | 23.81M | 37.04M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | -1000K | 0 | 617K | -1000K | 0 | -916K | -1000K | -539K | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1.17M | 1.17M | 1.17M | 1.17M | 1.17M | 1.17M | 1.17M | 1.17M | 1.36M | 1.01M | 1.01M |
| EPS (Diluted) | -0.03 | -0.08 | 0.02 | -0.01 | -0.07 | -0.06 | -0.06 | 0.08 | -0.10 | -0.14 | 0.01 | 0.06 | 0.01 | -0.05 | 0.03 | 0.06 | 0.06 | 0.10 | 0.15 | 0.24 |
| EPS Growth % | 55% | -24.35% | 139.28% | -118.51% | 30% | 55.71% | - | 32.11% | - | -195.98% | -69.86% | 0% | -83.57% | -147.3% | -81.2% | -74.96% | 88.67% | 100% | 50% | 300% |
| EPS (Basic) | -0.03 | -0.08 | 0.02 | -0.01 | -0.07 | -0.06 | -0.06 | 0.08 | -0.10 | -0.14 | 0.01 | 0.06 | 0.01 | -0.05 | 0.03 | 0.06 | 0.06 | 0.10 | 0.16 | 0.25 |
| Diluted Shares Outstanding | 162.02M | 159.53M | 160.77M | 156.09M | 154.74M | 153.26M | 153.26M | 155.98M | 154.74M | 153.73M | 158.18M | 156.69M | 155.67M | 152.32M | 155.92M | 155.82M | 156.84M | 157.51M | 157.35M | 157.29M |
| Basic Shares Outstanding | 162.02M | 159.53M | 157.1M | 156.09M | 154.74M | 153.26M | 153.26M | 153.58M | 154.74M | 153.73M | 153.39M | 153.25M | 152.55M | 152.32M | 151.83M | 150.78M | 149.23M | 147.84M | 146.86M | 145.58M |
| Dividend Payout Ratio | - | - | 220.33% | - | - | - | - | 60.49% | - | - | 557.38% | 72.85% | 453.96% | - | 154.32% | 62.88% | 65.96% | 37.37% | - | - |