EarningsQ2 2026 Earnings Report
MX:AGNT Q2 2026 EPS Results
Actual EPS$1.43
Consensus EPS$0.31
Beat/MissBeat by +$1.13
One Year Ago EPS-$0.18
MX:AGNT Q2 2026 Revenue Results
Actual Revenue$26.32B
Expected Revenue$25.26B
Beat/MissBeat by +$1.06B
YoY Revenue Growth+10.75%
Earnings Announcement Details
QuarterQ2 2026
Date08/04/2026
TimeAfter Close
Conference CallTuesday, August 4, 2026
MX:AGNT Upcoming Earnings
eXp World Holdings's next earnings date is estimated for November 4, 2026, based on past reporting schedules.
Q2 2026 Earnings Call Audio
MX:AGNT Q2 2026 Earnings Call
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Q2 2026 Earnings Slide Deck
Q2 2026 Earnings Call Summary
Earnings Call Sentiment|Positive
The call highlights a strong operational quarter: record revenue ($1.4B, +11% YoY), rising transactions (+12% YoY), improved productivity (+6% PPP), sizeable Adjusted EBITDA and cash growth, and meaningful AI-driven efficiency gains. International expansion is accelerating while its losses are narrowing. Notable challenges include macroeconomic headwinds expected to soften housing activity in H2, continued legal/one-time expense items (~$8M) and a cautious guidance posture. NextHome adds strategic breadth but currently contributes modestly and uses a different revenue profile. Overall, positives around revenue, margin improvement, cash position, AI adoption, and international momentum outweigh the lowlights, though the company remains cautious about macro risks and some near-term costs.Company Guidance
Record Revenue and Transaction Growth
Revenue of $1.4B in Q2 2026, up 11% year-over-year; over 132,000 sales transactions, up 12% year-over-year; sales volume up 15% for the quarter.
Agent Base and Productivity Gains
Ended quarter with 87,338 agents, up 6% year-over-year; productivity per person (PPP) increased ~6% to 5.5; U.S. brokerage gained ~3% market share in Q2.
Improved Profitability Metrics
Gross profit of $98.8M, up 7% year-over-year; operating income $1.6M, up 169% year-over-year (from an operating loss in Q2 2025); Adjusted EBITDA $25.7M, up 129% year-over-year and above the high end of prior guidance ($21M).
Stronger Cash Position
Ended quarter with $111.2M in cash, up 18% year-over-year.
North America Segment Strength
North American Realty revenue ~$1.4B (reported as the largest segment), up ~10% year-over-year, with Adjusted EBITDA of $30.7M, up 55% year-over-year.
International Momentum and Improved Efficiency
International revenue $46.4M, up 44% year-over-year; international operating loss narrowed by 57% year-over-year to $1.8M and Adjusted EBITDA loss improved 66% year-over-year to negative $1.3M; lean build-out via Nexus and LYVVE platforms.
AI and Platform Adoption Driving Efficiency
DocAI reviewed over 5 million documents and validated 22,000 daily uploads at reported 100% score; task center automation produced a 19% year-over-year increase in files handled per transaction analyst; FastCAP role-play used >2,800 times; AI resolves majority of incoming chats; AGNT OS/Hub and Nexus consolidating agent tools.
Productivity Programs Showing Impact
41% of new Q2 agents joined teams; agents on teams are ~78% more productive than individual agents; co-sponsor program anniversary shows agents with co-sponsors have 40% higher production and 10% higher retention.
Strategic Acquisition Expand Reach
NextHome acquisition added ~4,900 agents and is included in updated guidance as a strategic bolt-on to enable a multi-model platform (franchise model contribution described as modest, sub-10%).
MX:AGNT Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed