10-Q quarterly report · filed Nov 5, 2025

Douglas Elliman Inc. (DOUG) Q3 2025 10-Q Quarterly Report

Short answer

Douglas Elliman Inc. (DOUG) filed its Q3 2025 10-Q quarterly report on Nov 5, 2025 for the quarter ended Sep 30, 2025. Quarterly revenue was $263M (down 1.3% year over year) with net income of −$25M.

Q3 2025 key financials · XBRL

Revenue
$263M
−1.3% YoY · −3.1% QoQ
Net income
−$25M
+9.2% YoY · −8.9% QoQ
Operating margin
-4.1%
EPS (diluted)
−$0.29
+9.4% YoY · −7.4% QoQ

Source: XBRL data from the Douglas Elliman Inc. (DOUG) Q3 2025 10-Q on SEC EDGAR. USD.

Douglas Elliman Inc. Q3 2025 10-Q analysis

AI summary of MD&A and risk factor updates

Management Discussion & Analysis

  • Q3 revenue $262.838M, down $3.478M YoY from $266.316M
  • Operating margin (4.05%) vs (2.79%) YoY, based on operating loss
  • Development Marketing best performer, improving gross profit; New York City and Florida commission revenue declined $5.380M and $5.603M
  • Cash, cash equivalents and restricted cash increased $8.686M to $150.907M
  • Elevated mortgage rates and geopolitical economic pressures remained near-term headwinds; October property-management sale base price $85.000M

Risk Factors

  • No material changes to risk factors from 2024 Annual Report or June 30, 2025 Form 10-Q
  • Carried-forward risks include real-estate market conditions, brokerage competition, and operating volatility
  • No newly triggered regulatory, legal, or compliance risk disclosed this quarter
  • No quarter-specific liquidity, debt maturity, currency, or concentration risk disclosed

Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K

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