eXp World Holdings, the holding company for eXp Realty, announced its financial results for the third quarter of 2025. Revenue during the period grew 7% to $1.3 billion, as compared to the third quarter of 2024. Third quarter net income was $3.5 million, or $0.02 per diluted share. Adjusted third quarter EBITDA was $17.7 million, while net cash provided by operating activities reached $28.9 million.
“Our third quarter results underscore the strength of eXp’s model and the power of our agents,” said Leo Pareja, eXp Realty CEO. “Continued momentum in agent growth, productivity and retention are driving higher revenue, profitability and overall performance. Our agent-first culture, combined with ongoing innovation across the eXp platform, continues to attract and empower top agents and teams around the world. As we scale, our focus remains on delivering even greater value to our agents — because when they thrive, eXp thrives.”
Real estate transactions during the quarter increased 3% year-over-year to 12,516, and real estate sales volume increased 7% to $54.1 billion. The number of agents and brokers on the eXp Realty platform fell slightly (2%) to 83,446.
“eXp continues to solidify its position as the platform for the future of real estate,” said Glenn Sanford, eXp World Holdings Founder, Chairman and CEO. “Now more than ever, eXp is the place for agents to be as the industry evolves globally and agents seek a platform that provides not just flexibility, but the resources to thrive — from SUCCESS coaching and elite training programs to mentorship, community, and a compelling value stack that supports both business and personal growth. Our third quarter results are a reflection of eXp’s continued focus on innovation and our ability to leverage technology, with a focus on AI, to enhance speed, agility and differentiation in a rapidly changing real estate landscape.”
The company ended the quarter with cash and cash equivalents of $112.8 million.
