Stock events for eXp World Holdings, Inc. (EXPI)
eXp World Holdings' stock price has experienced pressure in the past six months. For Q4 2025, eXp reported a net loss of $(0.08) per diluted share, missing analysts' consensus estimates, although revenue beat expectations. The full-year 2025 revenue increased 4% to $4.8 billion, with a net loss of $(22.7) million. Following these earnings, the stock declined, reaching a 52-week low of $6.68 by March 4, 2026. The company declared cash dividends of $0.05 per share for Q4 2025 and Q1 2026. A revision to the executive compensation structure eliminated the discretionary annual cash bonus program for three key executives. eXp World Holdings announced a strategic partnership with Land id to enhance property data capabilities for its agents. eXp Realty also promoted Carrie Lysenko to Chief Technology Officer and Holly Mabery to Chief Brokerage Officer. The company provided 2026 revenue guidance of $4.85 billion to $5.15 billion and adjusted EBITDA guidance of $50 million to $75 million. eXp Realty launched eXp New Homes, a division offering specialized training and tools for the new construction market.
Demand Seasonality affecting eXp World Holdings, Inc.’s stock price
The demand for eXp World Holdings' core real estate brokerage services is subject to the general seasonality of the real estate market. The real estate market experiences its busiest period during the spring and summer months due to favorable weather, the school calendar, and increased inventory. The colder months of fall and winter generally see a slowdown in market activity, with fewer listings and buyer interest.
Overview of eXp World Holdings, Inc.’s business
eXp World Holdings, Inc. operates as a technology-first holding company known for its cloud-based real estate brokerage, eXp Realty. The company minimizes traditional overhead by operating virtually, which allows for competitive commission splits, revenue-sharing programs, and stock equity awards for its independent agents. eXp Realty is a cloud-based platform for real estate transactions, offering tools, training, and support for agents. Virbela/FrameVR.io provides virtual reality solutions for virtual offices, meetings, and events. SUCCESS Enterprises focuses on personal and professional development through coaching, training, and media content. The company also engages in lead generation, marketing, transaction management, and offers services related to title, escrow, settlement, and mortgage brokerage.
EXPI’s Geographic footprint
eXp World Holdings has a significant global presence, with eXp Realty operating in over 20 countries. As of December 31, 2025, the company had 83,060 agents and brokers on its platform. Its international operations include the United States, Canada, the United Kingdom, Australia, South Africa, India, Mexico, Portugal, France, Puerto Rico, Brazil, Italy, Hong Kong, Colombia, Spain, Israel, Romania, and the Netherlands. The company launched operations in Peru and Türkiye in early 2025 and plans for further expansion, including Egypt.
EXPI Corporate Image Assessment
eXp World Holdings' brand reputation in the past year has been influenced by several factors. The company settled a national class action lawsuit for $34 million in January 2025. In early 2025, eXp experienced agent attrition, with its agent count dropping, a trend that continued into early 2025. To maintain brand reputation, the company is implementing stricter requirements for international agents, requiring 1-2 years of experience. eXp World Holdings maintains a focus on agent satisfaction, as indicated by a global agent Net Promoter Score (aNPS) of 75 in the fourth quarter of 2025.
Ownership
eXp World Holdings' ownership is characterized by a mix of insider and institutional holdings. As of June 2025, individual insiders collectively held approximately 43% of shares, with CEO Glenn Sanford being the largest individual shareholder at 25% ownership, and Penny Sanford holding 17%. Institutional investors represent a significant portion, collectively owning approximately 56.65% of the company as of June 2025. Major institutional owners include Vanguard Group Inc, BlackRock, Inc., State Street Corp, Renaissance Technologies Llc, Geode Capital Management, Llc, Charles Schwab Investment Management Inc, Goldman Sachs Group Inc, UBS Group AG and Bank Of America Corp /de/.
