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eXp World Holdings Returns to Profit as Q3 Revenue Rises and Productivity Strategy Takes Hold

Management is pivoting toward higher productivity on a scalable platform.

Overview

  • eXp posted Q3 2025 revenue of $1.3 billion and net income of $3.5 million, reversing a year-ago loss.
  • Transactions rose 3% to 121,516 and sales volume increased 7% to $54.1 billion, reflecting gains in agent productivity.
  • Total agents fell 2% year over year to 83,446, with executives highlighting improved attrition trends and stronger retention of higher-producing agents.
  • Adjusted EBITDA came in at $17.7 million, down from $23.9 million a year earlier, as the company continues to invest in platform and operations.
  • The firm advanced its global rollout with recent entries in South Korea and Japan and plans to open in Luxembourg, the Netherlands and Romania in Q4, while piloting the FastAttract program for future inclusion in eXp University in 2026.