eXp(US:EXPI) Globenewswire·2026-02-24 21:15Core 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].