eXp World Holdings, the parent company of eXp Realty, announced its financial results for the first quarter of 2025. Revenue during the quarter increased slightly by 1% to $954.9 million with an adjusted EBITDA of $2.2 million. Net loss during the quarter was $11 million with net cash provided by operating activities of $39.8 million.
Real estate transactions decreased by 2% to 89,643 in Q1 2025, while real estate sales volume increased 4% to $38.6 billion.
“We’re entering 2025 from a position of strength,” said Glenn Sanford, Founder, Chairman and CEO of eXp World Holdings. “eXp has built one of the most comprehensive, tech-enabled agent value stack in the industry – one that’s driving record international agent productivity and empowering entrepreneurs at scale. This quarter alone, we more than doubled our international revenue year-over-year and expanded our footprint into Perú and Türkiye, further proving that our agent-first model transcends borders. Agent success has always been the foundation of eXp’s strategy – and in 2025, we plan to double down with enhanced tech, smarter training, and even more pathways to help agents close more deals, build generational wealth, and create the freedom they deserve.”
