Douglas Elliman Q3 revenue dips, Adjusted EBITDA improves

Reuters11-04
<a href="https://laohu8.com/S/DOUG">Douglas Elliman</a> Q3 revenue dips, Adjusted EBITDA improves

Overview

  • Douglas Elliman Q3 2025 revenue fell slightly from Q3 2024, with $262.8 mln reported

  • Adjusted EBITDA for Q3 2025 improved to $2.7 mln from $2.3 mln in Q3 2024

Outlook

  • Douglas Elliman expects a $75 mln after-tax gain in Q4 from property management sale

  • Company focuses on international expansion and AI investments for future growth

  • Douglas Elliman sees improved market conditions in 2026 and beyond

Result Drivers

  • INTERNATIONAL EXPANSION - Co expanded into France and Monaco, contributing to growth initiatives

  • AI INVESTMENTS - Investments in AI aimed at enhancing agent and client experience

  • FINANCIAL POSITION - Redemption of convertible notes improved financial flexibility

Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q3 Revenue

$262.80 mln

Q3 Adjusted Net Income

$200,000

Q3 Net Income

-$24.70 mln

Q3 Adjusted EBITDA

$2.70 mln

Q3 Operating Income

-$10.70 mln

Press Release: ID:nBw5JFm1Wa

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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