eXp World Holdings Reports Strong Q1 2026 Results Amid Strategic Expansion

“Our first quarter results exceeded our revenue expectations as agent productivity continues to increase,” stated Leo Pareja, CEO of eXp Realty. The company reported a revenue increase of 5% to $1.0 billion, up from $954.9 million in the same quarter the previous year. Despite a net loss of $(5.1) million, which improved from a net loss of $(11.0) million year-over-year, eXp demonstrated its operational efficiency with a significant reduction in operating expenses.

Jesse Hill, CFO of eXp World Holdings, remarked, “I am pleased with our first quarter results, which are a direct reflection of the company's scale and our focus on operational efficiency across eXp World Holdings.” He noted the strategic acquisition of NextHome, which was executed using cash on hand and with zero debt, enhancing the company's financial resilience.

The acquisition of NextHome is a pivotal development for eXp World Holdings, positioning the company as a multi-model leader in the real estate industry. Glenn Sanford, Founder and Chairman, emphasized that this strategic move reflects the company's transformation into a borderless operating platform, empowering agents to scale their businesses without the limitations of traditional brick-and-mortar overheads.

Sanford stated, “This evolution makes our entire network more valuable for everyone, creating a more durable organization designed to thrive throughout any market cycle.”

eXp Realty's operational performance also showed positive trends, with the total number of agents and brokers increasing to 82,332, marking a 1% rise year-over-year. The first quarter of 2026 saw a 2% increase in real estate sales transactions to 91,598, alongside a 5% increase in sales volume, which reached $40.7 billion.

However, the global agent Net Promoter Score (aNPS), a key indicator of agent satisfaction, slightly dipped to 67 from 78 in the previous year. This metric underscores the company's ongoing commitment to enhancing the agent experience.

Looking ahead, eXp World Holdings provided a promising outlook for both the second quarter and the full year of 2026. For Q2, the company anticipates revenue to be between $1.36 billion and $1.45 billion, with operating expenses expected to range from $93 million to $97 million. Adjusted EBITDA is projected to be between $16 million and $21 million.

For the full year, the company forecasts revenue between $4.85 billion and $5.15 billion, operating expenses between $325 million and $345 million, and Adjusted EBITDA between $50 million and $75 million.

To further engage with investors, eXp World Holdings will host a virtual fireside chat on May 11, 2026, featuring discussions with key executives including Glenn Sanford, Leo Pareja, and Jesse Hill. This session will provide investors with an opportunity to ask questions and gain deeper insights into the company’s strategy and performance.

Date: May 11, 2026

Time: 5:30 a.m. PT / 8:30 a.m. ET

Location: exp.world

With a strong financial performance in Q1 2026 and strategic initiatives underway, eXp World Holdings is well-positioned for continued growth in the real estate sector. The successful integration of NextHome into its operational framework is expected to further enhance the company's competitive edge, empowering agents worldwide to thrive in an evolving market landscape.