8-K Announcements
6Mar 31, 2026·SEC
Feb 24, 2026·SEC
Dec 30, 2025·SEC
eXp World Holdings, Inc. (EXPI) fundamental analysis — strengths, weaknesses & financial health based on data analysis
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
eXp World Holdings, Inc. (EXPI) stock price & volume — 10-year historical chart
eXp World Holdings, Inc. (EXPI) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
eXp World Holdings, Inc. (EXPI) EPS & revenue vs analyst estimates — last 4 quarters
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q1 2026Latest | 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% |
| Q2 2025 | May 6, 2025 | $0.02vs $0.05-140.0% | $955Mvs $1.4B-29.4% |
eXp World Holdings, Inc. (EXPI) competitors in Residential real estate brokerages and franchises — business model, growth, and fundamentals comparison
eXp World Holdings, Inc. (EXPI) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
eXp World Holdings, Inc. (EXPI) annual income statement — 10-year revenue, gross profit & net income history
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 156.1M | 500.15M | 979.94M | 1.8B | 3.77B | 4.59B | 4.27B | 4.57B | 4.77B |
| Revenue Growth % | 188.12% | 220.39% | 95.93% | 83.51% | 109.71% | 21.7% | -6.88% | 6.88% | 4.48% |
| Property Operating Expenses | 139.6M | 459.72M | 895.88M | 1.64B | 3.48B | 4.23B | 3.95B | 4.23B | 4.44B |
| 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 Expenses | 38.53M | 62.82M | 92.83M | 128.02M | 261.88M | 344.82M | 319.4M | 361.39M | 355.04M |
| G&A Expenses | 38.53M | 62.82M | 92.83M | 128.02M | 261.88M | 290.62M | 259.86M | 264.28M | 285.43M |
| EBITDA | -21.68M | -21.49M | -6.39M | 35.58M | 40.4M | 26.2M | 11.41M | -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 & Amortization | 353.23K | 893.99K | 2.38M | 3.99M | 6.25M | 9.84M | 10.89M | 10.29M | 9.56M |
| 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 Expense | 2.08K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Coverage | -10607.44x | - | - | - | - | - | - | - | - |
| Non-Operating Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -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 Tax | 97.23K | 77.8K | 497K | 413K | -47.49M | -8.2M | -16K | 1.07M | 2.48M |
| 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 | -0.06 | 0.23 | 0.55 | 0.16 | 0.01 | -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 | -0.08 | 0.22 | 0.56 | 0.10 | -0.06 | -0.14 | -0.14 |
| Diluted Shares Outstanding | 106.39M | 115.38M | 125.17M | 151.55M | 157.73M | 156.22M | 153.23M | 153.69M | 159.53M |
eXp World Holdings, Inc. (EXPI) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|---|
| Total Assets | 14.64M | 55.85M | 96.45M | 242.19M | 413.83M | 381.68M | 385.67M | 390.72M | 442.48M |
| Asset Growth % | 139.79% | 281.54% | 72.71% | 151.1% | 70.87% | -7.77% | 1.04% | 1.31% | 13.25% |
| Real Estate & Other Assets | 0 | 0 | 16K | 0 | 2.83M | 1.7M | 12.98M | 11.68M | 23.5M |
| PP&E (Net) | 1.54M | 2.74M | 6.69M | 8.67M | 18.38M | 20.28M | 12.97M | 11.62M | 14.31M |
| Investment Securities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Current Assets | 13.1M | 42.33M | 78.82M | 212.22M | 319.31M | 255.11M | 266.48M | 267.97M | 304.87M |
| Cash & Equivalents | 4.67M | 20.54M | 40.09M | 100.14M | 108.24M | 121.59M | 125.87M | 113.61M | 124.25M |
| Receivables | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Other Current Assets | 1.01M | 2.58M | 7.78M | 30.2M | 68.15M | 38.37M | 47.28M | 56.17M | 71.78M |
| Intangible Assets | 0 | 2.53M | 2.68M | 8.35M | 7.53M | 8.7M | 7.01M | 6.46M | 4.42M |
| Total Liabilities | 10.38M | 25.87M | 44.32M | 99.6M | 190.29M | 132.69M | 141.66M | 185.85M | 199.7M |
| Total Debt | 7.57M | 2.63M | 3.71M | 5.11M | 1.08M | 869K | 10K | 0 | 0 |
| Net Debt | 2.89M | -17.91M | -36.38M | -95.03M | -107.16M | -120.72M | -125.86M | -113.61M | -124.25M |
| Long-Term Debt | 0 | 1.65M | 1.53M | 2.88M | 0 | 0 | 0 | 0 | 0 |
| Short-Term Borrowings | 0 | 974.66K | 916K | 1.42M | 0 | 0 | 0 | 0 | 0 |
| Capital Lease Obligations | 0 | -3.7M | 1.26M | 820K | 1.08M | 869K | 10K | 0 | 0 |
| Total Current Liabilities | 10.38M | 24.21M | 41.97M | 96.65M | 186.81M | 127.3M | 141.66M | 185.85M | 199.7M |
| Accounts Payable | 635.09K | 1.76M | 3.51M | 5.37M | 7.16M | 10.39M | 8.79M | 10.48M | 14.61M |
| Deferred Revenue | 923.19K | 2.5M | 6.99M | 27.78M | 67.67M | 37.79M | 44.55M | 55.66M | 57.2M |
| Other Liabilities | 0 | 0 | 0 | 0 | 2.71M | 4.7M | 0 | 0 | 0 |
| 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 Equity | 4.26M | 29.98M | 51.97M | 141.58M | 222.17M | 247.82M | 242.84M | 204.87M | 242.78M |
| Minority Interest | 0 | 0 | 161K | 1M | 1.36M | 1.17M | 1.17M | 0 | 0 |
| Common Stock | 550 | 606 | 1K | 1K | 1K | 2K | 2K | 2K | 2K |
| Additional Paid-in Capital | 36.85M | 90.76M | 130.68M | 218.49M | 401.48M | 611.87M | 804.83M | 962.76M | 0 |
| Retained Earnings | -32.6M | -60.77M | -70.29M | -39.16M | 30.51M | 20.72M | -16.77M | -68.14M | -121.62M |
| Preferred Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 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 / Assets | 51.69% | 4.71% | 3.85% | 2.11% | 0.26% | 0.23% | 0% | - | - |
| Debt / Equity | 1.78x | 0.09x | 0.07x | 0.04x | 0.00x | 0.00x | 0.00x | - | - |
| Net Debt / EBITDA | - | - | - | -2.67x | -2.65x | -4.61x | -11.03x | - | - |
| Book Value per Share | 0.04 | 0.26 | 0.42 | 0.94 | 1.42 | 1.59 | 1.59 | 1.33 | 1.52 |
eXp World Holdings, Inc. (EXPI) cash flow — operating, investing & free cash flow history
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|---|
| Cash from Operations | 4.13M | 24.31M | 55.19M | 119.66M | 246.89M | 210.53M | 209.13M | 191.51M | 118.61M |
| 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 | -9.56M | 30.99M | 81.16M | 15.42M | -8.97M | -21.27M | -22.71M |
| Depreciation & Amortization | 353.23K | 893.99K | 2.38M | 3.99M | 6.25M | 9.84M | 10.89M | 10.29M | 9.56M |
| Stock-Based Compensation | 17.82M | 23.9M | 56.81M | 83.01M | 182.03M | 209.41M | 189.14M | 156.52M | 38.36M |
| Other Non-Cash Items | 5.86M | 21.27M | 139.72K | 157K | 601K | 3.8M | 9.35M | -772K | 93.4M |
| Working Capital Changes | 2.23M | 671.83K | 5.37M | -503K | 29.68M | -12.09M | 11.39M | 46.75M | 0 |
| 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 | -10.41M | 0 | -6.15M | 0 |
| Purchase of Investments | 0 | 0 | 0 | 0 | -3M | -500K | 0 | 0 | 0 |
| Sale of Investments | 0 | 0 | 0 | 0 | 1000K | 1000K | 0 | 0 | 0 |
| Other Investing | -1.35M | -7.72M | -50K | -25K | -5.5M | -10.41M | -8.14M | -6.84M | -13.9M |
| Cash from Financing | 149.37K | 2.02M | -24.57M | -21.89M | -179.92M | -204.51M | -184.09M | -170.38M | -86.54M |
| Dividends Paid | 0 | 0 | 0 | 0 | -11.55M | -25.23M | -28.52M | -30.1M | -30.77M |
| Common Dividends | 0 | 0 | 0 | 0 | -11.55M | -25.23M | -28.52M | -30.1M | 0 |
| Debt Issuance (Net) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | -3.61K | 0 | -27.06M | -29.37M | -172.01M | -179.47M | -160.55M | -141.12M | -56.2M |
| Other Financing | 152.98K | 2.02M | 2.49M | 7.48M | 3.64M | 188K | 4.98M | 843K | -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 | -20.87K | 106.11K | 47K | -59K | -87K | -38K | -1000K | 1000K |
| Cash at Beginning | 1.68M | 5.6M | 23.04M | 47.07M | 127.92M | 175.91M | 159.38M | 169.89M | 168.59M |
| Cash at End | 4.67M | 23.04M | 47.07M | 127.92M | 175.91M | 159.38M | 170.88M | 168.59M | 181.46M |
| 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% |
eXp World Holdings, Inc. (EXPI) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| FFO per Share | -0.25 | -0.2 | -0.19 | -0.06 | 0.23 | 0.55 | 0.16 | 0.01 | -0.07 | -0.08 |
| FFO Payout Ratio | 0% | 0% | 0% | 0% | 0% | 13.2% | 99.8% | 1486.14% | -274.18% | 0% |
| NOI Margin | 13.76% | 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 / Assets | 0.59% | 51.69% | 4.71% | 3.85% | 2.11% | 0.26% | 0.23% | 0% | - | - |
| Interest Coverage | -70271.33x | -10607.44x | - | - | - | - | - | - | - | - |
| Book Value / Share | 0.02 | 0.04 | 0.26 | 0.42 | 0.94 | 1.42 | 1.59 | 1.59 | 1.33 | 1.52 |
| Revenue Growth | 136.94% | 188.12% | 220.39% | 95.93% | 83.51% | 109.71% | 21.7% | -6.88% | 6.88% | 4.48% |
eXp World Holdings, Inc. (EXPI) SEC filings — annual & quarterly reports (10-K, 10-Q)
Mar 31, 2026·SEC
Feb 24, 2026·SEC
Dec 30, 2025·SEC
eXp World Holdings, Inc. (EXPI) stock FAQ — growth, dividends, profitability & financials explained
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.
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.
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.
eXp World Holdings, Inc. (EXPI) financial analysis — history, returns, DCA and operating performance tools
Historical returns with dividends reinvested
Dollar cost averaging vs lump sum
Yield, growth, payout safety & DRIP
EPS trends, net income & profitability
Long-term charts & historical price data
Sales growth patterns & revenue breakdown
30 years of market, efficiency and balance-sheet ratios
DCF intrinsic value, peer multiples & estimates