EXp had a full-year net loss of $22.7M, up from $16.8M in 2024. However, the company also grew revenue and worked to trim operating expenses
The company reported having 81,904 agents at the end of Q1 amid an ongoing slide in headcount. It also reported its agents sold 2% fewer homes in the quarter compared to Q1 2024
EXp Realty's agents and brokers received $232M in revenue share and equity benefits in 2023. The year's payout was a 4% decrease from 2022
EXp's revenue fell 13 percent from the second quarter of 2022 to $1.2B, and its gross profit decreased 10% to $96.5M, according to a Q2 earnings call Thursday afternoon