Short answer
eXp World Holdings, Inc. (EXPI) filed its Q1 2026 10-Q quarterly report on May 11, 2026 for the quarter ended Mar 31, 2026. Quarterly revenue was $1.0B (up 5.3% year over year) with net income of −$5M.
Q1 2026 key financials · XBRL
- Revenue
- $1.0B
- +5.3% YoY
- Net income
- −$5M
- +53.8% YoY
- Operating margin
- -0.9%
- Gross margin
- 7.5%
- EPS (diluted)
- −$0.03
- +57.1% YoY
Source: XBRL data from the eXp World Holdings, Inc. (EXPI) Q1 2026 10-Q on SEC EDGAR. USD.
eXp World Holdings, Inc. Q1 2026 10-Q analysis
AI summary of MD&A and risk factor updates
Management Discussion & Analysis
- First-quarter 2026 U.S. home sales declined 1% YoY; prices increased 1.4%
- Inventory remained constrained at 4.1 months of supply
- NextHome acquisition completed May 6, 2026, adding franchised brokerage operations
Risk Factors
- New franchise risk triggered by operations beginning May 6, 2026, including franchisee liquidity, non-renewals, and royalty exposure
- Independent-contractor classification scrutiny could drive reclassification, penalties, and higher compliance costs
- NAR policy revisions and nationwide antitrust settlement may increase agent attrition and compliance burdens
- Commission-rate pressure from discount models and flat fees could reduce brokerage profitability
- Agent misconduct across the dispersed network could cause regulatory claims, liability, and reputational damage
Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K
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