eXp Realty Q4 & Annual Financials: EBITDA Down, Revenue Up, Net Loss Worsens

eXp Realty's Q4 EBITDA dropped to $2.1M ($33.2M annually), while annual revenue increased 4% to $4.77B. Net loss worsened to $12.9M in Q4 ($22.7M annually). CEO attributes success to leaner operations, agent retention, and tech efficiency.

Changed EBITDA (incomes prior to passion, tax obligations, devaluation and amortization): $2.1 million in Q4, below $7.7 million a year ago. It was $33.2 million for the entire year, down from $75.55 million in 2024.

Operational Strategy & Agent Focus

“We’re running leaner groups with measurably higher outcome than 2 years earlier,” Sanford claimed in a Feb. 24 profits call. “We’re actually in a location to continue to lead rather than comply with and I think that’s the genuine trick.”

Agent matter remained relatively stable in a down year for the market, according to eXp Realty CEO Leo Pareja, due to the fact that the brokerage firm has been able to keep its effective representatives while additionally focusing on attracting a lot more groups.

Revenue & Net Loss Analysis

The brokerage’s income was slightly greater than capitalist expectations, however losses were additionally up. For the entire year, eXp tallied $4.77 billion in earnings, a 4% increase over 2024, while posting a net loss of $22.7 million.

Web income/loss: A loss of $12.9 million for Q4, even worse than its $9.5 million loss for the exact same duration a year earlier. For the complete year, net loss was $22.7 million, somewhat more than the $21.3 million net loss in 2024.

On efficiency and modern technology: The business was founded on the concept of structured operations, Sanford kept in mind– and it will certainly continue to enhance effectiveness more quickly than brokerages that rely upon tradition facilities.