eXp World (EXPI) Q2 Profit Falls 113%

eXp World (NASDAQ:EXPI), a real estate brokerage known for its cloud-based, agent-centric business model, released its second-quarter results on July 31, 2025, for fiscal 2025. The company reported revenue (GAAP) of $1.31 billion, just ahead of analyst estimates of $1.30 billion (GAAP), but earnings per share (EPS) (GAAP) fell short at $(0.01), well below the $0.10 GAAP EPS anticipated by analysts. This miss signaled a reversal from the prior year when EPS (GAAP) stood at $0.08 in Q2 2024. The quarter was characterized by modest revenue growth, higher operational costs, and a sizeable decline in profitability, even as agent engagement and international expansion remained focus points.

Source: Analyst estimates for the quarter provided by FactSet.

eXp World operates as a virtual-first, cloud-based real estate brokerage. It connects real estate agents and brokers on a global platform using technology instead of a network of physical offices. This enables it to offer scalability and cost benefits, as well as flexibility to adapt to new markets.

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Source Fool.com