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
For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.
(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.)
Comments