Exp World (NASDAQ:EXPI) Posts Earnings Results, Misses Expectations By $0.05 EPS

Exp World (NASDAQ:EXPI) posted its earnings results on Tuesday. The technology company reported ($0.08) EPS for the quarter, missing the consensus estimate of ($0.03) by ($0.05), FiscalAI reports. The firm had revenue of $1.19 billion during the quarter, compared to analyst estimates of $1.17 billion. Exp World had a negative net margin of 0.48% and a negative return on equity of 10.24%. Exp World’s revenue for the quarter was up 8.5% compared to the same quarter last year. During the same period in the previous year, the company posted ($0.06) EPS.

Here are the key takeaways from Exp World’s conference call:

• International expansion accelerated — launched in 7 new countries, with international revenue up 67% YoY to $147 million and launch costs down ~37% versus earlier expansion efforts.
• Agent productivity and retention improved — productivity per person was 5.3, Q4 productivity rose 6% YoY, revenue growth accelerated in Q4 (+9%), total agents ended at ~83,060, and attrition improved 17% YoY (23% in the U.S.).
• Full-year financials were mixed — 2025 revenue was $4.8 billion (+4%), gross profit $333.6 million, adjusted EBITDA $33.2 million, operating loss $21.5 million, and year-end cash of $124.2 million.
• Margin pressure from investments — gross margin compression and higher spending on technology, events, and legal weighed on profitability and drove adjusted EBITDA lower YoY despite operational efficiency gains.
• 2026 outlook and AI/tech strategy — company guided 2026 revenue $4.85B–$5.15B and adjusted EBITDA $50M–$75M, citing AI copilots, the eXp Hub, and a single-threaded leader framework to scale margins and agent productivity.

Exp World Trading Down 2.3%

Shares of NASDAQ:EXPI opened at $7.30 on Thursday. The firm has a 50 day moving average of $8.83 and a 200-day moving average of $10.10. Exp World has a 12 month low of $6.90 and a 12 month high of $12.23. The stock has a market capitalization of $1.16 billion, a PE ratio of -52.14 and a beta of 2.12.

Exp World Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, March 27th. Shareholders of record on Monday, March 9th will be issued a $0.05 dividend. This represents a $0.20 annualized dividend and a yield of 2.7%. The ex-dividend date of this dividend is Monday, March 9th. Exp World’s dividend payout ratio (DPR) is currently -166.67%.

Analyst Ratings Changes

EXPI has been the topic of a number of research reports. DA Davidson decreased their price objective on Exp World from $13.00 to $11.50 and set a “buy” rating on the stock in a report on Friday, February 20th. Weiss Ratings reissued a “sell (d+)” rating on shares of Exp World in a research report on Monday, December 29th. Finally, Zacks Research raised shares of Exp World from a “strong sell” rating to a “hold” rating in a research report on Tuesday, January 6th. One investment analyst has rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $11.50.

Insider Activity

In related news, Director Randall D. Miles sold 10,000 shares of Exp World stock in a transaction that occurred on Monday, December 1st. The shares were sold at an average price of $11.20, for a total value of $112,000.00. Following the transaction, the director directly owned 487,190 shares of the company’s stock, valued at $5,456,528. This trade represents a 2.01% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Corporate insiders own 27.96% of the company’s stock.

Hedge Funds Weigh In On Exp World

Institutional investors have recently modified their holdings of the business. State Street Corp boosted its stake in Exp World by 4.6% in the fourth quarter. State Street Corp now owns 3,299,012 shares of the technology company’s stock valued at $29,856,000 after buying an additional 145,657 shares in the last quarter. Bank of America Corp DE lifted its holdings in shares of Exp World by 73.3% in the second quarter. Bank of America Corp DE now owns 3,289,449 shares of the technology company’s stock worth $29,934,000 after acquiring an additional 1,391,582 shares during the last quarter. Renaissance Technologies LLC boosted its stake in shares of Exp World by 4.6% in the 4th quarter. Renaissance Technologies LLC now owns 2,656,716 shares of the technology company’s stock valued at $24,043,000 after purchasing an additional 116,900 shares in the last quarter. Geode Capital Management LLC grew its holdings in shares of Exp World by 1.6% during the 4th quarter. Geode Capital Management LLC now owns 2,418,531 shares of the technology company’s stock valued at $21,891,000 after purchasing an additional 38,134 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. increased its position in Exp World by 6.8% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 2,204,606 shares of the technology company’s stock worth $19,952,000 after purchasing an additional 139,554 shares in the last quarter. Institutional investors and hedge funds own 27.17% of the company’s stock.

Trending Headlines about Exp World

Here are the key news stories impacting Exp World this week:

• Positive Sentiment: Q4 revenue beat and y/y growth — Revenue was $1.19B vs. consensus ~$1.17B and rose ~8.5% year‑over‑year, showing continued top‑line momentum. eXp World posts better-than-expected sales in Q4 CY2025
• Positive Sentiment: Quarterly dividend announced — Board declared $0.05 per share (annualized yield ~2.7%), ex‑dividend Mar 9, payable Mar 27; a modest income signal to shareholders.
• Neutral Sentiment: Full press release and slide deck posted with details on results and segments; useful for digging into segment performance and management commentary. eXp World Holdings Reports Q4 and Full-Year 2025 Results
• Neutral Sentiment: Full earnings call transcript is available for management’s commentary and Q&A, which investors should review for color on recruiting, margins and growth initiatives. Q4 2025 Earnings Call Transcript
• Neutral Sentiment: FY‑2026 revenue guidance provided at $4.9B–$5.2B (roughly in line with consensus), so full‑year outlook is not a major surprise to the street.
• Negative Sentiment: EPS miss — Reported EPS of ($0.08) vs. consensus ($0.03), missing by $0.05; company remains unprofitable on net margin and ROE metrics, which pressures valuation. MarketBeat Q4 earnings summary
• Negative Sentiment: Weak Q1 revenue guidance — Management guided Q1 2026 revenue to about $960M–$980M vs. consensus near $1.2B, a significant shortfall that likely drove much of the selling pressure.
• Negative Sentiment: Elevated trading volume on the decline — Intraday volume was well above average, consistent with heavier selling after the EPS miss and soft Q1 guide (technical pressure around sub‑$9 moving averages).

About Exp World

eXp World Holdings, Inc (NASDAQ: EXPI) is a cloud-based real estate company that operates a global brokerage model through its eXp Realty subsidiary. Founded in 2009 by industry veteran Glenn Sanford and headquartered in Bellingham, Washington, the company leverages a virtual business environment to connect and support real estate professionals. eXp Realty’s technology-driven platform enables licensed agents to list, show and manage residential property transactions without the overhead of traditional brick-and-mortar offices.

At the core of eXp World’s offering is its proprietary virtual campus, which provides real-time training, collaboration and networking via an immersive online environment.