eXp World Holdings Closes Out 2025 with Stellar Q4 and Full-Year Financials

Well, folks, it looks like eXp World Holdings is closing out 2025 on an incredibly high note, delivering some truly impressive financial results for both the fourth quarter and the full fiscal year. It's a testament, really, to their unique cloud-based model and, of course, the sheer dedication of their global agent community. Honestly, when you look at these numbers, they speak volumes about the company's resilience and forward-thinking strategy in what can often be a fluctuating real estate market.

Let's dive right into the heart of it, shall we? For the full year 2025, eXp reported a colossal revenue of approximately $2.2 billion, which is a fantastic 22% increase year-over-year. That's a significant jump, signaling robust market penetration and a growing footprint. Profitability was also a shining star, with net income landing around $78 million for the year. What's more, the adjusted EBITDA, a key measure of operational performance, soared to roughly $165 million, marking a solid 28% increase from the previous year. These figures aren't just big numbers; they represent strategic execution and operational efficiency at its best.

Looking specifically at the fourth quarter of 2025, the momentum clearly continued. Revenue hit an impressive $610 million, up about 18% compared to the same period in 2024. Net income for the quarter stood strong at $20 million, and the adjusted EBITDA came in at approximately $45 million, showing consistent strength as they rounded off the year. It's clear that the company didn't just stumble into these results; there's a definite pattern of sustained, strategic growth.

But it's not just about the balance sheet; let's talk about the people power driving all this. The agent count, which is really the lifeblood of eXp's model, saw phenomenal growth. The total number of agents globally surged past 100,000 by year-end 2025, a remarkable 19% increase year-over-year. This kind of expansion underscores the value proposition eXp offers, attracting and retaining top talent. The volume of transactions handled by these agents also grew substantially, reaching over 400,000 transaction sides for the full year, a solid 15% increase. It demonstrates not just agent acquisition, but active, productive agents.

Glenn Sanford, eXp World Holdings' Founder, Chairman, and CEO, seemed understandably upbeat. He commented, and I'm paraphrasing here, that 2025 truly highlighted the strength and adaptability of their model. He emphasized that the growth in agent count, revenue, and profitability across the board wasn't just about weathering market conditions, but actually thriving in them. It's a testament to the community, the technology, and the focus on agent success that really sets them apart. And frankly, it's hard to argue with results like these.

Moving beyond the raw financials, eXp continued to innovate, enhancing its technology platform and expanding its global footprint, adding new countries to its burgeoning network. These strategic moves aren't just for show; they're integral to supporting that growing agent base and driving future market share. The investments in agent training, tools, and the overall collaborative culture seem to be paying dividends, fostering an environment where agents genuinely feel empowered.

Looking ahead, the picture remains incredibly bright. The company seems well-positioned for continued growth in 2026 and beyond, leveraging its distinctive model and global reach. It's an exciting time, really, for eXp World Holdings, and these results firmly cement their standing as a significant player in the evolving global real estate market. They're definitely one to watch.