AGNT, Inc., previously known as eXp World holdings, Inc., announced its financial results for the second quarter of 2026. Revenue during the quarter grew 11% to $1.4 billion, compared to $1.3 billion in the same quarter of 2025. Net loss was $2.7 million, or $0.02 per share, with operating expenses of $97.2 million. Adjusted EBITDA was $25.7 million, a 129% increase from $11.2 million in Q2 2025. Agents and brokers on the platform grew by 6% to 87,338.
“Our second quarter results are a testament to what happens when you build a platform that genuinely serves agents,” said Leo Pareja, eXp Realty, LLC CEO. “Record revenue and record transactions don’t happen by accident, they are the direct result of agents choosing to grow their businesses with us, stay on the platform and produce more. Retention continues to be highest among our top quartile of producers, and transactions per agent continue to climb, reinforcing our belief that platform utility, not just network size, is what drives durable growth. eXp Realty remains the engine of this platform, and we are just getting started.”
The company ended the quarter with cash and cash equivalents of $111.2 million and distributed $8.2 million in cash dividends to shareholders. Third quarter 2026 outlook now includes revenue between $1.35 billion and $1.45 billion with operating expenses between $85 million and $90 million, and an adjusted EBITDA between $17 million and $22 million.
“I am proud to report a record revenue quarter for AGNT, reflecting the scale and operational discipline we have built across the platform,” said Jesse Hill, AGNT, Inc Chief Financial Officer. “Our results this quarter also demonstrate meaningful progress on the efficiency initiatives we outlined in 2025, with continued productivity gains and operational improvements. We also completed the NextHome acquisition with cash on hand, expanding our offering to agents and increasing our long-term growth opportunity while maintaining a debt-free balance sheet. We are on track with the integration of NextHome and its contribution, while still early, is consistent with our expectations. We are narrowing our full-year adjusted EBITDA guidance range and remain focused on continuing to drive revenue growth while delivering sustainable, long-term profitability.”
Full-year 2026 outlook now includes revenue between $4.85 billion and $5.15 billion with operating expenses between $355 million and $365 million and an adjusted EBITDA between $50 million and $60 million.
