eXp World Holdings, Inc. (AGNT) Income Statement
AGNT 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsAGNT revenue and net income
Where AGNT's revenue goes
2025Each bar shows an amount and its share of revenue. AGNT kept −0.5% of revenue as net income.
AGNT profit margins
AGNT growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +4.5% | +1.3% | +21.6% | +70.6% |
| Gross profit | −2.6% | −2.6% | +15.9% | +58.1% |
| Operating income | — | — | — | — |
| Net income | — | — | — | — |
| EPS (diluted) | −25.0% | −3.5% | −15.6% | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
AGNT quarterly EPS vs estimates
eXp World beat the analyst EPS estimate in 0 of the last 7 quarters. Next report: November 5, 2026 (estimate $0.07).
AGNT income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $4.77B | $4.57B | $4.27B | $4.59B | $3.77B | $1.80B | $979.9M | $500.1M | $156.1M | $53.6M |
| Cost of revenue | $4.44B | $4.23B | $3.95B | $4.23B | $3.48B | $1.64B | $895.9M | $459.7M | $139.6M | $46.4M |
| Gross profit | $333.6M | $342.4M | $319.9M | $361.2M | $296.0M | $159.6M | $84.1M | $40.4M | $16.5M | $7.1M |
| Research & development | $69.6M | $58.2M | $59.5M | $54.2M | — | — | — | — | — | — |
| Sales, general & admin | $285.4M | $264.3M | $259.9M | $290.6M | — | — | — | — | — | — |
| Total operating expenses | $355.0M | $361.4M | $319.4M | $344.8M | $261.9M | $128.0M | $92.8M | $62.7M | $38.5M | $14.5M |
| Operating income | −$21.5M | −$19.0M | $522,000 | $16.4M | $34.2M | $31.6M | −$8.8M | −$22.2M | −$22.0M | −$7.4M |
| Interest expense | — | — | — | — | — | — | — | — | $2,077 | $370 |
| Income before taxes | −$20.2M | −$15.7M | $3.5M | $15.5M | $33.7M | $31.4M | −$9.1M | −$22.4M | −$22.0M | −$7.4M |
| Income taxes | $2.5M | $1.1M | −$16,000 | −$8.2M | −$47.5M | $413,000 | $496,981 | $77,800 | $97,234 | $42,528 |
| Net income | −$22.7M | −$21.3M | −$9.0M | $15.4M | $81.2M | $31.1M | −$9.5M | −$22.4M | −$22.1M | −$7.4M |
| EBITDA | −$11.9M | $30.2M | $11.4M | $26.2M | $40.4M | $35.6M | −$6.4M | −$21.3M | −$21.7M | −$7.3M |
| EPS (diluted) | $0.09 | $0.12 | $0.12 | $0.10 | $0.52 | $0.21 | −$0.07 | −$0.18 | −$0.43 | −$0.07 |
| Gross margin | 7.0% | 7.5% | 7.5% | 7.9% | 7.8% | 8.9% | 8.6% | 8.1% | 10.6% | 13.3% |
| Operating margin | −0.4% | −0.4% | 0.0% | 0.4% | 0.9% | 1.8% | −0.9% | −4.4% | −14.1% | −13.8% |
| Net margin | −0.5% | −0.5% | −0.2% | 0.3% | 2.2% | 1.7% | −1.0% | −4.5% | −14.2% | −13.8% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.45B | $1.01B | $1.19B | $1.32B | $1.31B | $954.9M | $1.10B | $1.23B | $1.30B | $943.1M | $981.5M | $1.21B |
| Cost of revenue | $1.35B | $930.2M | $1.11B | $1.23B | $1.22B | $878.8M | $1.02B | $1.14B | $1.20B | $864.7M | $911.4M | $1.13B |
| Gross profit | $98.8M | $75.3M | $78.6M | $86.2M | $92.7M | $76.1M | $78.9M | $87.7M | $97.6M | $78.3M | $70.1M | $82.7M |
| Research & development | $18.4M | $17.6M | $17.4M | $17.3M | $18.1M | $16.8M | $14.8M | $13.8M | $14.8M | $14.8M | $15.1M | $15.5M |
| Sales, general & admin | $74.4M | $66.5M | $73.9M | $64.9M | $76.9M | $69.7M | $70.2M | — | — | — | — | — |
| Total operating expenses | $92.8M | $84.1M | $91.3M | $82.2M | $95.0M | $86.5M | $89.9M | $78.0M | $79.0M | $80.5M | $86.1M | $79.0M |
| Operating income | $6.0M | −$8.8M | −$12.7M | $4.0M | −$2.4M | −$10.4M | −$11.0M | $9.7M | $18.5M | −$2.2M | −$16.0M | $3.7M |
| Income before taxes | $2.3M | −$8.7M | −$13.5M | $4.4M | −$1.8M | −$9.4M | −$10.7M | −$7.8M | $19.9M | −$17.1M | −$15.1M | $4.1M |
| Income taxes | $5.0M | −$3.6M | −$591,000 | $932,000 | $468,000 | $1.7M | −$2.4M | −$1.3M | $8.1M | −$3.3M | −$3.0M | $1.8M |
| Net income | −$2.7M | −$5.1M | −$12.9M | $3.5M | −$2.3M | −$11.0M | −$9.5M | −$8.5M | $12.4M | −$15.6M | −$21.2M | $1.3M |
| EBITDA | $8.2M | −$6.5M | −$10.4M | $6.4M | −$104,000 | −$7.8M | −$3.5M | $12.0M | $21.5M | $225,000 | −$13.3M | $6.5M |
| EPS (diluted) | −$0.01 | $0.00 | −$0.01 | $0.07 | $0.05 | −$0.02 | −$0.06 | $0.06 | $0.08 | $0.04 | −$0.14 | $0.06 |
| Gross margin | 6.8% | 7.5% | 6.6% | 6.5% | 7.1% | 8.0% | 7.2% | 7.1% | 7.5% | 8.3% | 7.1% | 6.8% |
| Operating margin | 0.4% | −0.9% | −1.1% | 0.3% | −0.2% | −1.1% | −1.0% | 0.8% | 1.4% | −0.2% | −1.6% | 0.3% |
| Net margin | −0.2% | −0.5% | −1.1% | 0.3% | −0.2% | −1.2% | −0.9% | −0.7% | 1.0% | −1.7% | −2.2% | 0.1% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in AGNT's financial statements (latest annual report filed December 31, 2025); data from EODHD. Sales, general & administrative expenses include sales and marketing.
AGNT financial results
In fiscal year 2025 (ended December 31, 2025), eXp World reported revenue of $4.8 billion, up 4.5% from the year before. It had a net loss of $22.7 million, a net profit margin of −0.5%. Diluted earnings per share came to $0.09. Over five years revenue grew at an average rate of 21.6% a year.
See the AGNT stock overview for the latest quote and news, or the AGNT chart for price history and technical indicators.
AGNT income statement FAQ
What is eXp World's annual revenue?
eXp World reported total revenue of $4.8 billion for fiscal year 2025, which ended on December 31, 2025. That was up 4.5% from $4.6 billion the previous year.
Is eXp World profitable?
No. eXp World reported a net loss of $22.7 million in fiscal 2025, a net profit margin of −0.5%; its operating margin was −0.4%.
What is eXp World's gross margin?
eXp World's gross margin was 7.0% in fiscal 2025: for every $100 of revenue, eXp World kept $7 after the direct cost of its products and services.
How much does eXp World spend on research and development?
eXp World spent $69.6 million on research and development in fiscal 2025, 1.5% of revenue.
How fast is eXp World growing?
Revenue grew 21.6% a year on average over the last five fiscal years, from $1.8 billion to $4.8 billion.
What are eXp World's earnings per share?
eXp World earned $0.09 per diluted share in fiscal 2025, compared with $0.12 a year earlier.
When will eXp World report its next earnings?
eXp World is expected to report results for the quarter ending September 30, 2026 on November 5, 2026 after the market closes.
When does eXp World's fiscal year end?
eXp World's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on December 31, 2025.