Exp World (NASDAQ:EXPI) Posts Earnings Results, Misses Estimates By $0.05 EPS

Exp World (NASDAQ:EXPI) posted its quarterly earnings results on Tuesday. The technology company reported ($0.08) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.03) by ($0.05), FiscalAI reports. The company had revenue of $1.19 billion during the quarter, compared to analysts’ expectations of $1.17 billion. Exp World had a negative return on equity of 6.61% and a negative net margin of 0.41%.Exp World’s revenue for the quarter was up 8.5% compared to the same quarter last year. During the same period last year, the company earned ($0.06) earnings per share.

Here are the key takeaways from Exp World’s conference call:

• International expansion accelerated — launched in 7 new countries, with international revenue up 67% YoY to $147 million and launch costs down ~37% versus earlier expansion efforts.
• Agent productivity and retention improved — productivity per person was 5.3, Q4 productivity rose 6% YoY, revenue growth accelerated in Q4 (+9%), total agents ended at ~83,060, and attrition improved 17% YoY (23% in the U.S.).
• Full-year financials were mixed — 2025 revenue was $4.8 billion (+4%), gross profit $333.6 million, adjusted EBITDA $33.2 million, operating loss $21.5 million, and year-end cash of $124.2 million.
• Margin pressure from investments — gross margin compression and higher spending on technology, events, and legal weighed on profitability and drove adjusted EBITDA lower YoY despite operational efficiency gains.
• 2026 outlook and AI/tech strategy — company guided 2026 revenue $4.85B–$5.15B and adjusted EBITDA $50M–$75M, citing AI copilots, the eXp Hub, and a single-threaded leader framework to scale margins and agent productivity.

Exp World Price Performance

Exp World stock opened at $7.47 on Wednesday. Exp World has a one year low of $6.90 and a one year high of $12.23. The company’s fifty day moving average price is $8.89 and its two-hundred day moving average price is $10.12. The company has a market capitalization of $1.19 billion, a price-to-earnings ratio of -62.24 and a beta of 2.12.

Key Stories Impacting Exp World

Here are the key news stories impacting Exp World this week:

• Positive Sentiment: Q4 revenue beat and solid top-line growth — eXp reported $1.19B in Q4 revenue, ahead of the ~$1.17B consensus and up ~8.5% year-over-year, showing continued sales momentum. Read More.
• Neutral Sentiment: Full-year 2026 revenue outlook roughly in line — FY2026 revenue guidance was given as $4.9B–$5.2B, which is close to consensus, leaving the longer-term revenue picture relatively steady. Read More.
• Neutral Sentiment: Company published press materials and hosted a conference call — investors can review the press release, slide deck and call transcript for management commentary on growth drivers and margins. Read More.
• Negative Sentiment: Q4 EPS missed — eXp reported (‑$0.08) EPS versus the (‑$0.03) consensus, a notable miss that pressures near-term profitability narratives. Read More.
• Negative Sentiment: Q1 revenue guide well below expectations — management guided Q1 revenue to roughly $960M–$980M versus a ~$1.2B consensus, creating the largest near-term downside risk to estimates and the main driver of volatile price action. Read More.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on the stock. Zacks Research raised shares of Exp World from a “strong sell” rating to a “hold” rating in a research note on Tuesday, January 6th. DA Davidson reduced their price objective on Exp World from $13.00 to $11.50 and set a “buy” rating for the company in a research report on Friday, February 20th. Finally, Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Exp World in a research report on Monday, December 29th. One investment analyst has rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $11.50.

Insider Activity

In other news, Director Randall D. Miles sold 10,000 shares of the stock in a transaction dated Monday, December 1st. The stock was sold at an average price of $11.20, for a total transaction of $112,000.00. Following the transaction, the director owned 487,190 shares of the company’s stock, valued at approximately $5,456,528. This represents a 2.01% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Company insiders own 27.96% of the company’s stock.

Institutional Investors Weigh In On Exp World

A number of large investors have recently added to or reduced their stakes in the stock. Thrivent Financial for Lutherans lifted its position in shares of Exp World by 1.8% in the 2nd quarter. Thrivent Financial for Lutherans now owns 63,158 shares of the technology company’s stock worth $575,000 after acquiring an additional 1,126 shares during the period. Raymond James Financial Inc. raised its stake in shares of Exp World by 14.6% in the third quarter. Raymond James Financial Inc. now owns 11,609 shares of the technology company’s stock valued at $124,000 after purchasing an additional 1,475 shares in the last quarter. Geneos Wealth Management Inc. lifted its position in Exp World by 41.2% in the first quarter. Geneos Wealth Management Inc. now owns 6,365 shares of the technology company’s stock worth $62,000 after purchasing an additional 1,856 shares during the period. PNC Financial Services Group Inc. boosted its stake in Exp World by 139.6% during the fourth quarter. PNC Financial Services Group Inc. now owns 3,429 shares of the technology company’s stock worth $31,000 after buying an additional 1,998 shares in the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in Exp World by 4.4% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 48,677 shares of the technology company’s stock worth $476,000 after buying an additional 2,042 shares in the last quarter. Institutional investors own 27.17% of the company’s stock.

About Exp World

eXp World Holdings, Inc (NASDAQ: EXPI) is a cloud-based real estate company that operates a global brokerage model through its eXp Realty subsidiary. Founded in 2009 by industry veteran Glenn Sanford and headquartered in Bellingham, Washington, the company leverages a virtual business environment to connect and support real estate professionals. eXp Realty’s technology-driven platform enables licensed agents to list, show and manage residential property transactions without the overhead of traditional brick-and-mortar offices.

At the core of eXp World’s offering is its proprietary virtual campus, which provides real-time training, collaboration and networking via an immersive online environment.