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eXp World Holdings Returns to Profit as Q3 Revenue Rises on Higher‑Producing Agent Strategy

Management credits the rebound to a focus on higher‑producing agents plus automation and AI investments.

Overview

  • The company reported Q3 revenue of $1.3 billion, up 7% year over year, and net income of $3.5 million after a loss a year ago, with adjusted EBITDA of $17.7 million.
  • Transaction sides rose 3% to 121,516 and sales volume increased 7% to $54.1 billion despite a smaller total agent base.
  • Agent count declined 2% year over year to 83,446 as of Sept. 30 but improved quarter over quarter, with U.S. attrition down 18% and 63% of departing nonproductive agents leaving the industry.
  • eXp piloted its FastAttract program to help agents build revenue‑share lines and plans to add it to eXp University in 2026 to support team recruitment and growth.
  • Executives highlighted back‑office automation, AI and affiliate offerings such as eXp Luxury and Land and Ranch, alongside recent launches in South Korea and Japan and planned entries into Luxembourg, the Netherlands and Romania in Q4.