Exp World (NASDAQ:AGNT) reported improved first-quarter profitability metrics and reiterated its full-year 2026 outlook, while management emphasized its recent NextHome acquisition, international growth and investments in agent-focused technology and personal development offerings.
Jesse Hill, CFO of eXp World Holdings, said first-quarter activity led more agents to reach their cap, contributing to gross profit of $75.3 million. The company posted an operating loss of $8.8 million, improving 15% from a loss of $10.4 million a year earlier. Hill said the improvement was “primarily driven by improvements we made to streamline our operations in 2025.”
