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EXPI logoeXp World Holdings, Inc.(EXPI)Earnings, Financials & Key Ratios

EXPI•NASDAQ•REIT / Real Estate
$6.28
$1.01B mkt cap·Price updated May 6, 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%
  • FFO-$13M-19.8%
  • FFO/Share-0.08-15.4%
  • FFO Payout0%+100.0%
  • FFO per Share-0.08-15.4%
  • NOI Margin6.99%-6.8%
  • FFO Margin-0.28%-14.7%
  • ROE-10.15%-7.1%
  • ROA-5.45%+0.5%
  • Book Value/Share1.52+14.2%
Technical→

EXPI Key Insights

eXp World Holdings, Inc. (EXPI) fundamental analysis — strengths, weaknesses & financial health based on data analysis

✓Strengths

  • ✓Healthy dividend yield of 3.1%

✗Weaknesses

  • ✗FFO declining 19.8% TTM
  • ✗Weak momentum: RS Rating 14 (bottom 14%)
  • ✗Low NOI margin of 7.0%
  • ✗Trading more than 30% below 52-week high

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

EXPI Price & Volume

eXp World Holdings, Inc. (EXPI) stock price & volume — 10-year historical chart

Loading chart...

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%
TTM4.48%

Profit CAGR

10 Years-
5 Years-
3 Years-
TTM-6.8%

EPS CAGR

10 Years-
5 Years-
3 Years-
TTM-1.38%

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

Full history →
●Beat EPS 2/12 qtrs (17%)●Beat Revenue 9/12 qtrs (75%)
Q1 2026Latest
Feb 24, 2026
EPS
$0.08
Est $0.03
-166.7%
Revenue
$1.2B
Est $1.2B
+2.6%
Q4 2025
Nov 6, 2025
EPS
$0.02
Est $0.08
-75.0%
Revenue
$1.3B
Est $1.2B
+12.8%
Q3 2025
Jul 31, 2025
EPS
$0.06
Est $0.12
-50.0%
Revenue
$1.3B
Est $1.2B
+5.2%
Q2 2025
May 6, 2025
EPS
$0.02
Est $0.05
-140.0%
Revenue
$955M
Est $1.4B
-29.4%
QuarterDateEPS (Act vs Est)Revenue (Act vs Est)
Q1 2026LatestFeb 24, 2026
$0.08vs $0.03-166.7%
$1.2Bvs $1.2B+2.6%
Q4 2025Nov 6, 2025
$0.02vs $0.08-75.0%
$1.3Bvs $1.2B+12.8%
Q3 2025Jul 31, 2025
$0.06vs $0.12-50.0%
$1.3Bvs $1.2B+5.2%
Q2 2025May 6, 2025
$0.02vs $0.05-140.0%
$955Mvs $1.4B-29.4%
Based on last 12 quarters of dataView full earnings history →

EXPI Peer Comparison

eXp World Holdings, Inc. (EXPI) competitors in Residential real estate brokerages and franchises — business model, growth, and fundamentals comparison

Select Columns
Stock Universe
Valuation
Growth
Profitability
Financial Health
Dividends & Buybacks
Price Performance
Technical
Fundamentals ($)
Sector-Specific
CompanyMarket CapStock PriceP/E Ratio (TTM)Revenue Growth 1YNet MarginReturn on Equity (ROE)FCF YieldDebt / Equity
COMP logoCOMPCompass, Inc.Direct Competitor4.08B7.26-72.6023.67%0.17%1.11%4.98%0.58
HOUS logoHOUSAnywhere Real Estate Inc.Direct Competitor1.98B17.64-15.340.99%-2.18%-8.42%1.31%1.95
RKT logoRKTRocket Companies, Inc.Direct Competitor1.99B14.0967.1034.84%0.54%-1.15%1.55
DOUG logoDOUGDouglas Elliman Inc.Direct Competitor175.55M1.9911.713.76%1.47%10.25%0.56
FTHM logoFTHMFathom Holdings Inc.Product Competitor27.88M0.87-0.81-2.91%-4.7%-46.07%0.42
OPAD logoOPADOfferpad Solutions Inc.Product Competitor20.23M0.65-0.44-38.2%-8.51%-111.72%100%
OPEN logoOPENOpendoor Technologies Inc.Product Competitor4.99B5.23-3.08-15.18%-29.74%-129.35%20.79%0.19
Z logoZZillow Group, Inc. Class CSupply Chain10.47B43.54483.7815.52%-1.29%-0.64%2.24%0.02

Compare EXPI vs Peers

eXp World Holdings, Inc. (EXPI) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs COMP

Most directly comparable listed peer for EXPI.

Scale Benchmark

vs CVNA

Larger-name benchmark to compare EXPI against a more recognizable public peer.

Peer Set

Compare Top 5

vs COMP, HOUS, RKT, DOUG

EXPI Income Statement

eXp World Holdings, Inc. (EXPI) annual income statement — 10-year revenue, gross profit & net income history

10Y historyFree accessUpdated daily
Line itemDec'17Dec'18Dec'19Dec'20Dec'21Dec'22Dec'23Dec'24Dec'25
Revenue156.1M500.15M979.94M1.8B3.77B4.59B4.27B4.57B4.77B
Revenue Growth %188.12%220.39%95.93%83.51%109.71%21.7%-6.88%6.88%4.48%
Property Operating Expenses139.6M459.72M895.88M1.64B3.48B4.23B3.95B4.23B4.44B
Net Operating Income (NOI)
16.5M▲ 0%
40.43M▲ 145.0%
84.06M▲ 107.9%
159.61M▲ 89.9%
296.03M▲ 85.5%
361.17M▲ 22.0%
319.92M▼ 11.4%
342.39M▲ 7.0%
333.58M▼ 2.6%
NOI Margin %10.57%8.08%8.58%8.88%7.85%7.87%7.49%7.5%6.99%
Operating Expenses38.53M62.82M92.83M128.02M261.88M344.82M319.4M361.39M355.04M
G&A Expenses38.53M62.82M92.83M128.02M261.88M290.62M259.86M264.28M285.43M
EBITDA-21.68M-21.49M-6.39M35.58M40.4M26.2M11.41M-8.71M-11.9M
EBITDA Margin %-13.89%-4.3%-0.65%1.98%1.07%0.57%0.27%-0.19%-0.25%
Depreciation & Amortization353.23K893.99K2.38M3.99M6.25M9.84M10.89M10.29M9.56M
D&A / Revenue %0.23%0.18%0.24%0.22%0.17%0.21%0.25%0.23%0.2%
Operating Income
-22.03M▲ 0%
-22.38M▼ 1.6%
-8.78M▲ 60.8%
31.59M▲ 459.8%
34.15M▲ 8.1%
16.36M▼ 52.1%
522K▼ 96.8%
-18.99M▼ 3738.7%
-21.47M▼ 13.0%
Operating Margin %-14.11%-4.48%-0.9%1.76%0.91%0.36%0.01%-0.42%-0.45%
Interest Expense2.08K00000000
Interest Coverage-10607.44x--------
Non-Operating Income0000000-38.93M-1.23M
Pretax Income
-22.03M▲ 0%
-22.35M▼ 1.4%
-9.06M▲ 59.5%
31.4M▲ 446.6%
33.67M▲ 7.2%
15.54M▼ 53.9%
3.52M▼ 77.4%
-15.72M▼ 546.9%
-20.23M▼ 28.7%
Pretax Margin %-14.11%-4.47%-0.92%1.75%0.89%0.34%0.08%-0.34%-0.42%
Income Tax97.23K77.8K497K413K-47.49M-8.2M-16K1.07M2.48M
Effective Tax Rate %-0.44%-0.35%-5.49%1.32%-141.03%-52.77%-0.45%-6.81%-12.26%
Net Income
-22.13M▲ 0%
-22.43M▼ 1.4%
-9.53M▲ 57.5%
31.13M▲ 426.7%
81.22M▲ 160.9%
15.44M▼ 81.0%
-8.97M▼ 158.1%
-21.27M▼ 137.0%
-22.71M▼ 6.8%
Net Margin %-14.18%-4.48%-0.97%1.73%2.15%0.34%-0.21%-0.47%-0.48%
Net Income Growth %14.92%-1.35%57.52%426.73%160.9%-80.99%-158.11%-137.01%-6.8%
Funds From Operations (FFO)
-21.78M▲ 0%
-21.54M▲ 1.1%
-7.14M▲ 66.8%
35.12M▲ 591.6%
87.47M▲ 149.1%
25.28M▼ 71.1%
1.92M▼ 92.4%
-10.98M▼ 672.1%
-13.15M▼ 19.8%
FFO Margin %-13.95%-4.31%-0.73%1.95%2.32%0.55%0.04%-0.24%-0.28%
FFO Growth %16.09%1.11%66.83%591.6%149.05%-71.1%-92.41%-672.07%-19.8%
FFO per Share-0.20-0.19-0.060.230.550.160.01-0.07-0.08
FFO Payout Ratio %0%0%0%0%13.2%99.8%1486.14%-274.18%0%
EPS (Diluted)
-0.21▲ 0%
-0.19▲ 9.5%
-0.08▲ 59.8%
0.21▲ 375.2%
0.51▲ 142.9%
0.10▼ 80.6%
-0.06▼ 159.3%
-0.14▼ 138.9%
-0.14▲ 0.0%
EPS Growth %16%9.52%59.84%375.23%142.86%-80.63%-159.31%-138.91%0%
EPS (Basic)-0.21-0.19-0.080.220.560.10-0.06-0.14-0.14
Diluted Shares Outstanding106.39M115.38M125.17M151.55M157.73M156.22M153.23M153.69M159.53M

EXPI Balance Sheet

eXp World Holdings, Inc. (EXPI) balance sheet — assets, liabilities & shareholders' equity

Line itemDec'17Dec'18Dec'19Dec'20Dec'21Dec'22Dec'23Dec'24Dec'25
Total Assets14.64M55.85M96.45M242.19M413.83M381.68M385.67M390.72M442.48M
Asset Growth %139.79%281.54%72.71%151.1%70.87%-7.77%1.04%1.31%13.25%
Real Estate & Other Assets0016K02.83M1.7M12.98M11.68M23.5M
PP&E (Net)1.54M2.74M6.69M8.67M18.38M20.28M12.97M11.62M14.31M
Investment Securities000000000
Total Current Assets13.1M42.33M78.82M212.22M319.31M255.11M266.48M267.97M304.87M
Cash & Equivalents4.67M20.54M40.09M100.14M108.24M121.59M125.87M113.61M124.25M
Receivables1000K1000K1000K1000K1000K1000K1000K1000K1000K
Other Current Assets1.01M2.58M7.78M30.2M68.15M38.37M47.28M56.17M71.78M
Intangible Assets02.53M2.68M8.35M7.53M8.7M7.01M6.46M4.42M
Total Liabilities10.38M25.87M44.32M99.6M190.29M132.69M141.66M185.85M199.7M
Total Debt7.57M2.63M3.71M5.11M1.08M869K10K00
Net Debt2.89M-17.91M-36.38M-95.03M-107.16M-120.72M-125.86M-113.61M-124.25M
Long-Term Debt01.65M1.53M2.88M00000
Short-Term Borrowings0974.66K916K1.42M00000
Capital Lease Obligations0-3.7M1.26M820K1.08M869K10K00
Total Current Liabilities10.38M24.21M41.97M96.65M186.81M127.3M141.66M185.85M199.7M
Accounts Payable635.09K1.76M3.51M5.37M7.16M10.39M8.79M10.48M14.61M
Deferred Revenue923.19K2.5M6.99M27.78M67.67M37.79M44.55M55.66M57.2M
Other Liabilities00002.71M4.7M000
Total Equity
4.26M▲ 0%
29.98M▲ 603.6%
52.13M▲ 73.9%
142.59M▲ 173.5%
223.53M▲ 56.8%
248.99M▲ 11.4%
244.01M▼ 2.0%
204.87M▼ 16.0%
242.78M▲ 18.5%
Equity Growth %68.6%603.64%73.88%173.53%56.77%11.39%-2%-16.04%18.5%
Shareholders Equity4.26M29.98M51.97M141.58M222.17M247.82M242.84M204.87M242.78M
Minority Interest00161K1M1.36M1.17M1.17M00
Common Stock5506061K1K1K2K2K2K2K
Additional Paid-in Capital36.85M90.76M130.68M218.49M401.48M611.87M804.83M962.76M0
Retained Earnings-32.6M-60.77M-70.29M-39.16M30.51M20.72M-16.77M-68.14M-121.62M
Preferred Stock000000000
Return on Assets (ROA)-213.4%-63.65%-12.51%18.39%24.76%3.88%-2.34%-5.48%-5.45%
Return on Equity (ROE)-652.09%-131.02%-23.21%31.98%44.37%6.54%-3.64%-9.48%-10.15%
Debt / Assets51.69%4.71%3.85%2.11%0.26%0.23%0%--
Debt / Equity1.78x0.09x0.07x0.04x0.00x0.00x0.00x--
Net Debt / EBITDA----2.67x-2.65x-4.61x-11.03x--
Book Value per Share0.040.260.420.941.421.591.591.331.52

EXPI Cash Flow Statement

eXp World Holdings, Inc. (EXPI) cash flow — operating, investing & free cash flow history

Line itemDec'17Dec'18Dec'19Dec'20Dec'21Dec'22Dec'23Dec'24Dec'25
Cash from Operations4.13M24.31M55.19M119.66M246.89M210.53M209.13M191.51M118.61M
Operating CF Growth %302.91%489.08%127%116.83%106.33%-14.73%-0.67%-8.42%-38.07%
Operating CF / Revenue %2.64%4.86%5.63%6.65%6.55%4.59%4.89%4.19%2.49%
Net Income-22.13M-22.43M-9.56M30.99M81.16M15.42M-8.97M-21.27M-22.71M
Depreciation & Amortization353.23K893.99K2.38M3.99M6.25M9.84M10.89M10.29M9.56M
Stock-Based Compensation17.82M23.9M56.81M83.01M182.03M209.41M189.14M156.52M38.36M
Other Non-Cash Items5.86M21.27M139.72K157K601K3.8M9.35M-772K93.4M
Working Capital Changes2.23M671.83K5.37M-503K29.68M-12.09M11.39M46.75M0
Cash from Investing-1.28M-8.86M-6.69M-16.96M-18.92M-22.46M-13.5M-19.47M-23.47M
Acquisitions (Net)0-6.72M-1.5M-10.5M-5.5M-10.41M0-6.15M0
Purchase of Investments0000-3M-500K000
Sale of Investments00001000K1000K000
Other Investing-1.35M-7.72M-50K-25K-5.5M-10.41M-8.14M-6.84M-13.9M
Cash from Financing149.37K2.02M-24.57M-21.89M-179.92M-204.51M-184.09M-170.38M-86.54M
Dividends Paid0000-11.55M-25.23M-28.52M-30.1M-30.77M
Common Dividends0000-11.55M-25.23M-28.52M-30.1M0
Debt Issuance (Net)000000000
Share Repurchases-3.61K0-27.06M-29.37M-172.01M-179.47M-160.55M-141.12M-56.2M
Other Financing152.98K2.02M2.49M7.48M3.64M188K4.98M843K-55.77M
Net Change in Cash
2.99M▲ 0%
17.45M▲ 484.0%
24.03M▲ 37.8%
80.85M▲ 236.4%
47.99M▼ 40.6%
-16.53M▼ 134.4%
11.5M▲ 169.6%
-1.3M▼ 111.3%
12.88M▲ 1086.6%
Exchange Rate Effect-7.66K-20.87K106.11K47K-59K-87K-38K-1000K1000K
Cash at Beginning1.68M5.6M23.04M47.07M127.92M175.91M159.38M169.89M168.59M
Cash at End4.67M23.04M47.07M127.92M175.91M159.38M170.88M168.59M181.46M
Free Cash Flow
2.85M▲ 0%
22.18M▲ 679.3%
50.05M▲ 125.7%
113.22M▲ 126.2%
233.47M▲ 106.2%
198.48M▼ 15.0%
201.17M▲ 1.4%
185.03M▼ 8.0%
109.04M▼ 41.1%
FCF Growth %368.35%679.29%125.68%126.24%106.2%-14.98%1.36%-8.02%-41.07%
FCF / Revenue %1.82%4.43%5.11%6.3%6.19%4.32%4.71%4.05%2.28%

EXPI Key Ratios

eXp World Holdings, Inc. (EXPI) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios

Metric2016201720182019202020212022202320242025
FFO per Share-0.25-0.2-0.19-0.060.230.550.160.01-0.07-0.08
FFO Payout Ratio0%0%0%0%0%13.2%99.8%1486.14%-274.18%0%
NOI Margin13.76%10.57%8.08%8.58%8.88%7.85%7.87%7.49%7.5%6.99%
Net Debt / EBITDA-----2.67x-2.65x-4.61x-11.03x--
Debt / Assets0.59%51.69%4.71%3.85%2.11%0.26%0.23%0%--
Interest Coverage-70271.33x-10607.44x--------
Book Value / Share0.020.040.260.420.941.421.591.591.331.52
Revenue Growth136.94%188.12%220.39%95.93%83.51%109.71%21.7%-6.88%6.88%4.48%

EXPI SEC Filings & Documents

eXp World Holdings, Inc. (EXPI) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

Mar 31, 2026·SEC

Material company update

Feb 24, 2026·SEC

Material company update

Dec 30, 2025·SEC

10-K Annual Reports

3
FY 2026

Feb 24, 2026·SEC

FY 2025

Feb 20, 2025·SEC

FY 2024

Feb 22, 2024·SEC

10-Q Quarterly Reports

6
FY 2025

Nov 6, 2025·SEC

FY 2025

Jul 31, 2025·SEC

FY 2025

May 6, 2025·SEC

EXPI Frequently Asked Questions

eXp World Holdings, Inc. (EXPI) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials

eXp World Holdings, Inc. (EXPI) reported $4.77B in revenue for fiscal year 2025.

eXp World Holdings, Inc. (EXPI) grew revenue by 4.5% over the past year. Growth has been modest.

eXp World Holdings, Inc. (EXPI) reported a net loss of $22.7M for fiscal year 2025.

Dividend & Returns

Yes, eXp World Holdings, Inc. (EXPI) pays a dividend with a yield of 3.07%. This makes it attractive for income-focused investors.

eXp World Holdings, Inc. (EXPI) has a return on equity (ROE) of -10.1%. Negative ROE indicates the company is unprofitable.

Industry Metrics

eXp World Holdings, Inc. (EXPI) generated Funds From Operations (FFO) of $-13.2M in the trailing twelve months. FFO is the primary profitability metric for REITs.

eXp World Holdings, Inc. (EXPI) offers a 3.07% dividend yield, which is attractive for income investors. REITs are required to distribute at least 90% of taxable income to shareholders.

Explore More EXPI

eXp World Holdings, Inc. (EXPI) financial analysis — history, returns, DCA and operating performance tools

Total Return Calculator

Historical returns with dividends reinvested

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DCA Calculator

Dollar cost averaging vs lump sum

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Dividend History

Yield, growth, payout safety & DRIP

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Earnings History

EPS trends, net income & profitability

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Price History

Long-term charts & historical price data

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Revenue History

Sales growth patterns & revenue breakdown

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Financial Ratios

30 years of market, efficiency and balance-sheet ratios

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Valuation

DCF intrinsic value, peer multiples & estimates

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