BELLINGHAM, Wash., March 19, 2026 (GLOBE NEWSWIRE) -- eXp Realty®, “the most agent-centric™ real estate brokerage on the planet” and the core subsidiary of eXp World Holdings, Inc. (Nasdaq: EXPI), today announced that Southern California real estate leader Lance Martin has joined the brokerage. After spending 24 years with Coldwell Banker, Martin has made the decision to move his business, The Martin Group / Cobalt Realty Group, to eXp Realty. The Southern California organization includes 140 agents across ...

BELLINGHAM, Wash., March 17, 2026 (GLOBE NEWSWIRE) -- eXp Realty®, “the most agent-centric™ real estate brokerage on the planet” and the core subsidiary of eXp World Holdings, Inc. (Nasdaq: EXPI), today announced real estate leader Miriam Valencia, founder and CEO of Alumbra International, has officially joined eXp Realty, bringing 50 agents with her in a strategic move designed to support the continued growth of her Houston-based and international-growing brokerage. “Miriam is the embodiment of the entrep ...

Core Insights - eXp Realty has launched a new book titled "Leverage Your X-Factor" by Chief Marketing Officer Wendy Forsythe, aimed at helping real estate agents align their business with personal life goals [2][4] - Forsythe is donating 100% of the book's proceeds to eXp Extend a Hand, a non-profit organization that provides emergency financial assistance to agents and staff in need [3][10] Company Overview - eXp Realty is described as "the most agent-centric™ real estate brokerage on the planet" and is a subsidiary of eXp World Holdings, Inc., which is publicly traded on Nasdaq under the ticker EXPI [2][8] - The company operates on a cloud-based platform, offering agents industry-leading commission structures, revenue share, and equity ownership, with a global presence across multiple regions [8] Book Insights - "Leverage Your X-Factor" introduces a 6-Step Framework: Focus, Action, Community, Technology, Operations, and Resilience, designed to help agents build a business that aligns with their life goals [4][6] - The book emphasizes the importance of using technology to enhance human connections and create sustainable business systems, moving away from traditional hustle culture [5][6] Leadership and Community Impact - Wendy Forsythe, with over 25 years of experience in the real estate industry, aims to provide clarity and direction for agents, encouraging them to transition from salespeople to CEOs of their own businesses [5][7] - The initiative to donate book proceeds to Extend a Hand highlights the company's commitment to supporting its community during times of hardship [3][7]

Core Insights - eXp Realty has launched eXp New Homes, a specialized division aimed at equipping agents with the tools and education necessary to excel in the new construction market [1][2][3] Group 1: eXp New Homes Overview - eXp New Homes aims to bridge the gap between traditional brokerage and the needs of the development sector, enhancing agents' capabilities to provide superior client experiences [2] - The division focuses on empowering agents to transition from a resale mindset to becoming strategic partners in new home sales, offering builder-specific training and certifications [3] Group 2: Features and Benefits - The eXp New Homes Certification serves as a key entry point for agents to engage in new builds, providing insights into the lifecycle of large projects [4] - Members gain access to premium marketing assets tailored for new construction, including modern signage and luxury-grade brochures [4] - Specialized tools are provided to streamline the sales process, including project staffing, automated reporting, and marketing asset management [4] - A community network of new home specialists is established, offering opportunities for collaboration and access to industry leaders [4] Group 3: Company Background - eXp World Holdings, Inc. operates eXp Realty and is committed to redefining real estate through a cloud-based platform that emphasizes agent-centric models and global connectivity [6]

Core Insights - Nordex, an onshore wind turbine manufacturer, is targeting expansion in the U.S. market following a better-than-expected core profit for 2025, driven by a record order intake for the second consecutive year [1] Company Summary - The company reported a significant increase in core profit for 2025, exceeding market expectations [1] - Nordex's growth is attributed to a record order intake, indicating strong demand for its products [1] Industry Summary - The wind turbine manufacturing industry is experiencing robust growth, particularly in the U.S. market, as companies like Nordex seek to capitalize on increasing demand for renewable energy solutions [1]

Financial Data and Key Metrics Changes - The company generated $4.8 billion in revenue for 2025, a 4% year-over-year increase, with Q4 revenue accelerating to 9% at $1.2 billion [14] - Adjusted EBITDA for 2025 was $33.2 million, down year-over-year, primarily due to margin compression [15] - The company ended 2025 with a cash position of $124.2 million [15] Business Line Data and Key Metrics Changes - The North America Realty segment generated $4.6 billion in revenue for the year, while the International segment grew nearly 67% year-over-year to $147 million [15] - Agent productivity per person (PPP) increased to 5.3, with a 6% year-over-year increase in productivity in Q4 [13][14] - The company ended 2025 with 83,060 agents, a slight increase from the previous year, and saw a 17% reduction in attrition [8][13] Market Data and Key Metrics Changes - In the U.S., 4% of realtors exited their membership in 2025, while the company outperformed the National Association of Realtors (NAR) attrition rates by 25% [9][10] - The company reported a 23% year-over-year improvement in attrition in the U.S. market [8][10] Company Strategy and Development Direction - The company expanded into 7 new countries in 2025, focusing on international growth and enhancing agent productivity through technology [3][11] - A significant emphasis was placed on AI and technology investments to streamline operations and improve agent productivity [17][18] - The company aims to maintain financial discipline while exploring growth opportunities and enhancing shareholder value [19][20] Management's Comments on Operating Environment and Future Outlook - Management highlighted the importance of agent productivity in driving retention and overall business success, especially in a contracting industry [9][10] - The company plans to leverage its technology and infrastructure investments to achieve margin expansion and sustainable growth in 2026 [19][20] Other Important Information - The company launched several new programs, including the AI Accelerator series and Fast Attract program, aimed at enhancing agent productivity and recruitment [5][7] - The company is focused on proactive compliance and risk management to navigate regulatory complexities in the real estate industry [39][40] Q&A Session All Questions and Answers Question: How resistant is the larger residential brokerage industry to AI? - Management noted that while AI can enhance efficiency, the human element of real estate, such as local expertise and relationships, remains irreplaceable [28][30] Question: Can you discuss agent count in Q4? - Management emphasized that agent productivity is prioritized over sheer count, with a focus on retaining high-performing agents [31][32] Question: Which metrics should we focus on in 2026 to measure success? - Key metrics include productivity per person (PPP), productive agent retention, and SG&A per unit, which are critical for assessing operational efficiency [36][37] Question: Can you discuss the role of the Chief Brokerage Officer and top priorities for 2026? - The Chief Brokerage Officer highlighted the importance of compliance infrastructure and proactive governance to support agents amidst increasing regulatory complexity [38][39] Question: What strategic initiatives will improve financial performance and restore shareholder value? - Management discussed leveraging technology and streamlining expenses to enhance margins and deliver better returns to shareholders [55][57] Question: What will eXp Realty do to improve their toolbox and technology for high-volume listing teams? - The company is focused on integrating new tools and training to support agents in obtaining listings, including partnerships for lead generation [58][59]

Financial Data and Key Metrics Changes - The company generated $4.8 billion in revenue for 2025, a 4% year-over-year increase, with Q4 revenue accelerating to $1.2 billion, up 9% year-over-year [14][16] - Adjusted EBITDA for 2025 was $33.2 million, down year-over-year, with a Q4 adjusted EBITDA of $2.1 million [15] - The company ended 2025 with a cash position of $124.2 million [15] Business Line Data and Key Metrics Changes - The North America Realty segment generated $1.1 billion in revenue for Q4 and $4.6 billion for the year, remaining the largest revenue and profit generator [16] - International revenue increased by 67% year-over-year to $147 million, with a 51% increase in Q4 alone [16] - The company saw a 6% year-over-year increase in productivity per person (PPP), reaching 5.3 for the year [13][35] Market Data and Key Metrics Changes - The company ended 2025 with 83,060 agents worldwide, a slight increase from the previous year, with a 17% reduction in attrition [7][13] - In the U.S., agent attrition improved by 23% year-over-year, outperforming the National Association of Realtors (NAR) attrition rates by 25% [9][10] Company Strategy and Development Direction - The company plans to continue enhancing agent productivity and retention while making significant infrastructure investments [11][19] - A focus on AI and technology investments is expected to drive operational efficiencies and margin expansion into 2026 [18][20] - The company aims to leverage its unique platform structure to attract high-performing agents and teams, emphasizing a technology-forward approach [26][30] Management's Comments on Operating Environment and Future Outlook - Management noted that the real estate industry is contracting, yet the company is outperforming market attrition rates and maintaining a stable business model [9][34] - The outlook for 2026 includes expected revenue in the range of $4.85 billion to $5.15 billion, with a focus on maintaining financial discipline [20][21] Other Important Information - The company launched several new programs in 2025, including the AI Accelerator series and the Fast Attract program, which have shown positive results in agent productivity and recruitment [5][6] - The company is focused on proactive governance and compliance infrastructure to navigate regulatory complexities in the real estate industry [39][40] Q&A Session Summary Question: How resistant is the larger residential brokerage industry to AI? - Management indicated that while AI can enhance efficiency, the human element of real estate remains irreplaceable, and the company is well-positioned to lead in an AI-enabled industry [28][30] Question: Can you discuss agent count in Q4? - Management emphasized that agent productivity is prioritized over sheer count, with a focus on retaining high-performing agents [31][32] Question: Which metrics should we focus on in 2026 to measure success? - Key metrics include productivity per person (PPP), productive agent retention, and SG&A per unit, which are critical for assessing ongoing priorities [35][36] Question: What technology-related improvements were made in 2025? - The company focused on personalization and productivity through AI integration and the development of a global portal infrastructure [41][42] Question: What is eXp Realty doing to improve their toolbox and technology for high-volume listing teams? - The company is enhancing its Fast Cap program and integrating new seller products to support agents in obtaining listings [59][60]

Virtual Fireside Chat February 24, 2026 slido.com event code:#EXPI Q4 & Full- Year 2025 Earnings Speakers Q4 & Full-Year 2025 Financial Results Leo Pareja CEO eXp Realty Jesse Hill Chief Financial Officer eXp World Holdings Glenn Sanford Founder, Chairman & CEO eXp World Holdings Forward Looking Statements Within the meaning 1 of the Private Securities Litigation Reform Act of 1995 Excluding the information from sources indicated, the content of this presentation is copyright 2025 eXp World Holdings, Inc. A ...

Table of Contents In UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2025 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ________ to _________ Commission File Number: 001-38493 2219 Rimland Drive, Suite 301 Bellingham, WA (Address of principal executive offices) ...

Core Insights - eXp World Holdings, Inc. reported a 4% increase in full-year revenue to $4.8 billion for 2025, with a fourth-quarter revenue of $1.2 billion, despite a net loss of $(22.7) million for the year and $(12.9) million for the quarter [4][9]. Financial Highlights - Full-year total operating expenses decreased to $355.0 million in 2025 from $361.4 million in 2024, with fourth-quarter operating expenses at $91.3 million [4]. - Adjusted EBITDA for the full year was $33.2 million, with $2.1 million in the fourth quarter [4]. - Cash and cash equivalents as of December 31, 2025, totaled $124.2 million, up from $113.6 million a year earlier [4]. Operational Highlights - The number of agents and brokers on the eXp Realty platform reached 83,060 as of December 31, 2025 [9]. - Full-year real estate sales transactions increased by 1% to 440,163, with a 6% increase in the fourth quarter to 110,392 [9]. - Real estate sales volume rose by 5% to $194.0 billion for the year, with an 8% increase in the fourth quarter to $48.8 billion [9]. Future Outlook - The company anticipates revenue for 2026 to be between $4.85 billion and $5.15 billion, with operating expenses projected between $325 million and $345 million [9]. - Adjusted EBITDA for 2026 is expected to range from $50 million to $75 million [9].