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eXp World Holdings Reports Q4 and Full-Year 2025 Results

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Bellingham, WA – eXp World Holdings, Inc. (Nasdaq: EXPI) (the “Company,” “eXp” or “we”), the holding company for eXp Realty®, FrameVR.io and SUCCESS® Enterprises, today announced financial results for the fourth quarter and fiscal year ended December 31, 2025.

“2025 was a defining year for eXp Realty, validating our belief that transparency and agent empowerment are the only sustainable paths forward,”

said Leo Pareja, CEO of eXp Realty.

“Our results reflect a year of relentless execution where the industry took notice of our momentum. We aggressively strengthened our value stack, from innovations in our AI-enabled platform to the rollout of the co-sponsor program, and key leadership appointments that position us for scale. We expect 2026 to be a pivotal year as our prior investments begin to yield margin improvements, driven by focused execution.  We will also continue to assess opportunities to accelerate growth, expand our capabilities, and drive long-term shareholder value. We believe our platform is well-positioned to drive durable, profitable growth while combining the speed of innovation with the operational trust our agents rely on to thrive.”
“Our focus this year has been on building a boundary-less platform where technology and community converge,”

said Glenn Sanford, Founder, Chairman and CEO of eXp World

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MarketWatch Names eXp Realty CEO Leo Pareja to The MarketWatch 25

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The MarketWatch 25 recognizes visionary leaders shaping how we live, work, spend and invest. Leo Pareja’s recognition reflects eXp’s people-first approach and growing influence. 
eXp Realty®, “the most agent-centric™ real estate brokerage on the planet,” and the core subsidiary of eXp World Holdings, Inc. (Nasdaq: EXPI), announced that CEO Leo Pareja was named to The 2025 MarketWatch 25, the outlet’s annual list celebrating influential leaders driving innovation and progress across industries.
MarketWatch recognized Pareja for his leadership in redefining modern real estate through transparency, accessibility and empowerment. Since being appointed CEO in 2024, Pareja has led eXp with a vision of building trust, strengthening agent success and creating a more connected experience for consumers worldwide.

“Leo’s leadership is a reflection of what makes eXp different,”

said Glenn Sanford, Founder, Chairman and CEO of eXp World Holdings.

“He brings the same spirit of innovation and collaboration that built this company — empowering agents, driving transparency and keeping people at the heart of everything we do. This recognition from MarketWatch reinforces how eXp and its leaders are helping shape the future of real estate.”

As the only real-estate-brokerage CEO recognized, Pareja joins leaders from major industries across finance, technology, education and retail. His inclusion underscores eXp Realty’s role as a

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eXp World Holdings Reports Revenue Increased 7% in Q3

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eXp World Holdings, Inc. (Nasdaq: EXPI), or the “Company”, the holding company for eXp Realty®, FrameVR.io and SUCCESS® Enterprises, today announced financial results for the third quarter ended September 30, 2025.

“Our third quarter results underscore the strength of eXp’s model and the power of our agents,”

said Leo Pareja, CEO of eXp Realty.

“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.”

Glenn Sanford, Founder, Chairman and CEO of eXp World Holdings, shared:

“eXp continues to solidify its position as the platform for the future of real estate. 

“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

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eXp World Holdings Reports Q2 2025 Results

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eXp World Holdings, Inc. (Nasdaq: EXPI), the holding company for eXp Realty®, FrameVR.io and SUCCESS® Enterprises, announced financial results for the second quarter ended June 30, 2025.

“eXp was built by agents, for agents and that foundation continues to fuel our momentum,”

said Leo Pareja, CEO of eXp Realty.

“Our continued investments in the agent value stack and ongoing programs like the co-sponsor initiative are resonating with the best agents and teams in the industry. By putting innovation and agent opportunity at the core of everything we do, we’re not only attracting the most productive agents in the industry, we’re shaping a more transparent, competitive, and agent-empowered future for real estate.”

Glenn Sanford, Founder, Chairman and CEO of eXp World Holdings added:

“eXp continues to demonstrate remarkable resilience in a dynamic real estate environment, underpinned by our agent-first model and commitment to innovation.”

Second Quarter 2025 Consolidated Financial Highlights as Compared to the Same Year-Ago Period:

Revenue increased 1% to $1.3 billion.
Net loss of $(2.3) million and net loss per diluted share of $(0.01).
Total operating expenses increased to $1.31 billion from $1.28 billion. Excluding commissions and other agent-related costs, adjusted operating costs were $95.0 million, a 20% increase compared to the second quarter of 2024. This

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eXp Realty Launches in Japan, Marking Fourth Global Market Entry in 2025

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Japan joins eXp’s growing Asia Pacific region as more agents seek models offering freedom, ownership and global reach.
eXp Realty®, the largest independent real estate brokerage in the world and a core subsidiary of eXp World Holdings, Inc. (Nasdaq: EXPI), announced its official expansion into Japan, marking the company’s fourth international launch of the year, following Peru, Türkiye, and Ecuador.

“Agents in Japan have operated for years in a system that leaves little room for upside,”

said Felix Bravo, Managing Director, International at eXp Realty.

“It’s not about working harder, they already do. The problem is structural. Most models take too much and give too little in return. We’re bringing a platform that flips that equation. Better economics, real ownership, worldwide leverage. That’s what eXp is about.”

To kick off the launch, eXp will host a live welcome event in Tokyo on October 2, 2025, where company leadership will share the vision, model, and what this moment means for agents ready to take control of their business.
The Japan expansion strengthens eXp’s presence across Asia Pacific and advances its 2030 goal of reaching 50,000 agents in countries outside the U.S. With the most scalable business model in real estate, eXp supports solo agents running lean,

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eXp World Holdings Appoints Jesse Hill as CFO as Company Continues Next Phase of Growth

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Veteran Finance Executive to Drive Long-Term Financial Strategy and Shareholder Value
eXp World Holdings, Inc. (Nasdaq: EXPI), the holding company for eXp Realty®, FrameVR.io and SUCCESS® Enterprises, announced that Jesse Hill has been appointed Chief Financial Officer, effective immediately.
Hill has served as the Company’s Interim CFO and principal financial officer since April 2025. His permanent appointment follows a highly effective transitional period during which he demonstrated exceptional financial leadership, operational excellence, and strategic vision aligned with the company’s mission to be the most agent-centric real estate brokerage on the planet. Recognized as a 2025 Finance Leader by HousingWire, Hill brings extensive experience in financial management and has been instrumental in eXp’s international expansion efforts.

“Jesse Hill has done an outstanding job leading our finance organization through a period of focused investment and global growth,”

said Glenn Sanford, Founder, Chairman and CEO of eXp World Holdings.

“Under his financial leadership, our International Realty segment has expanded into eight new markets, nearly quintupled revenue, and significantly improved operating margins. Jesse brings deep knowledge of our business model, a clear long-term financial vision, and a steadfast commitment to our agent-centric values. I’m excited to officially welcome him as our permanent CFO as we enter our next phase

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eXp Realty® Celebrates 61 Agents and Teams on Top 250 Latino Agents List

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eXp Realty®, “the most agent-centric real estate brokerage on the planet™” and the core subsidiary of eXp World Holdings, Inc. (Nasdaq: EXPI), announced a milestone achievement:
61 eXp Realty agents and teams have earned placements across the 2025 National Association of Hispanic Real Estate Professionals (NAHREP) Top 250 Latino Agents & Teams list.
eXp Realty dominated the rankings, with nearly 1 in 10 of NAHREP’s Top 100 Latino Teams led by eXp agents, and also 1 in 10 individual honorees overall affiliated with the brokerage.
Also notable is that three eXp Realty teams are among 2025’s Top 10 Latino Teams, including:

Ruben Luna, based in Phoenix and the leader of The Luna Team, secured the #4 overall ranking by successfully closing 552 transactions totaling $223,129,044 in sales volume.
Monica Foster, leader of the Monica Foster team in the Greater Houston area, earned the #5 overall ranking by closing 491 transactions with a total sales volume of $179,821,155.
Mario Victorica, leader of The Victorica Group operating out of San Antonio, claimed the #7 spot after completing 378 transactions totaling $99,613,592 in volume.

Notable eXp Agents on the Top 250 Latino Agents list:

Artemisa Boston of Minneapolis ranked #4 overall after closing 223 transactions with a total volume of $68,196,843.
Nidia

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eXp World Holdings Reports $954.9M in Q1 2025 Revenue

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eXp World Holdings (Nasdaq: EXPI), the parent company of  eXp Realty, announced financial results for the first quarter ended March 31, 2025.

“We’re entering 2025 from a position of strength. 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,”

said Glenn Sanford, Founder, Chairman and CEO of eXp World Holdings.

“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.”

First Quarter 2025 Consolidated Financial Highlights as Compared to the Same Year-Ago Period:

Revenue increased 1% to $954.9 million.
Net loss of $(11.0) million and loss per diluted share of $(0.07).
Adjusted EBITDA (a non-GAAP financial measure) of $2.2 million.
As of March 31, 2025, cash and cash equivalents totaled $115.7 million, compared to $109.2 million as of March 31, 2024.
Net cash provided by operating activities of $39.8 million
Adjusted

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eXp Realty Launches in Türkiye

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eXp Realty®, the largest independent real estate brokerage in the world and a core subsidiary of eXp World Holdings, Inc. (Nasdaq: EXPI), announced its official launch in Türkiye, marking its 26th international market and the company’s second global expansion in less than a month, following the successful launch of eXp Realty Peru in March. This rapid growth highlights eXp Realty’s commitment to redefining the real estate industry through a scalable, agent-first model that meets the evolving needs of professionals worldwide.

“With every new country we launch, we’re proving that agents everywhere are ready for a better model — one that puts them first,”

said Glenn Sanford, Founder, Chairman and CEO of eXp World Holdings.

“Our entry into Türkiye, just weeks after launching in Peru, reflects our momentum and our mission: to deliver the most agent-centric brokerage on the planet. We’re expanding fast — not just for the sake of growth, but because agents around the world are demanding a better way to build their business.”

Türkiye’s strategic position between Europe and Asia, combined with its fast-growing real estate sector and entrepreneurial agent base, make it a strong match for eXp’s cloud-based, borderless business model — one built to empower agents with more flexibility, financial

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