Douglas Elliman Earnings Reports

Douglas Elliman experienced a decline in revenue and a significantly larger net loss in Q2 2025, despite steady transaction volumes and strong average transaction values.

Douglas Elliman Inc. announced strong financial results for the first quarter of 2025, with revenues increasing by 27% year-over-year to $253.4 million. The company significantly reduced its operating loss from $41.5 million in Q1 2024 to $5.3 million in Q1 2025, and net loss attributed to Douglas Elliman improved from $41.5 million to $6.0 million.

Douglas Elliman Inc. announced a significant improvement in its financial performance for the fourth quarter of 2024, with revenues increasing to $243.3 million from $214.1 million in the prior year, and a reduction in operating loss to $16.3 million from $23.6 million. The company also saw a meaningful improvement in net loss and Adjusted EBITDA, alongside growth in gross transaction value.

Douglas Elliman Inc. reported a revenue increase for Q3 2024, with revenues reaching $266.3 million compared to $251.5 million in Q3 2023. The company experienced an operating loss of $7.4 million, an improvement over the $8.8 million loss in the same quarter of the previous year. However, the net loss attributed to Douglas Elliman was $27.2 million, or $0.33 per diluted common share, which includes a $20.2 million charge for changes in the fair value of derivatives embedded within convertible debt.

Douglas Elliman Inc. reported consolidated revenues of $285.8 million for Q2 2024, compared to $275.9 million in the prior year quarter. The company's operating loss was $3.7 million, an improvement from the $8.3 million loss in the same quarter last year. Net loss attributed to Douglas Elliman was $1.7 million, or $0.02 per diluted common share, compared to $5.2 million, or $0.06 per diluted common share, in the prior year quarter.

Douglas Elliman Inc. reported a decrease in consolidated revenues to $200.2 million compared to $214.0 million in the prior year quarter. The company's operating loss increased to $41.5 million from $23.8 million in the prior year quarter, which includes a $17.75 million litigation settlement charge. Net loss attributed to Douglas Elliman was $41.5 million, or $0.50 per diluted common share, compared to $17.6 million, or $0.22 per diluted common share, in the prior year quarter.

Douglas Elliman Inc. reported a revenue increase for Q4 2023, marking the first year-over-year quarterly revenue growth since Q1 2022. The company's net loss also decreased compared to the same quarter last year, reflecting a gradual stabilization in home purchasing activity and strength in luxury markets.

Douglas Elliman reported a decrease in revenue to $251.5 million compared to $272.6 million in the prior year quarter. The company experienced an operating loss of $8.8 million, and a net loss of $4.9 million, or $0.06 per diluted common share.

Douglas Elliman Inc. reported a decrease in consolidated revenues to $275.9 million compared to $364.4 million in the prior year quarter. The company experienced an operating loss of $8.3 million, and a net loss attributed to Douglas Elliman of $5.2 million, or $0.06 per diluted common share.

Douglas Elliman Inc. reported a decrease in revenue to $214.0 million compared to $308.9 million in the first quarter of 2022. The company recorded an operating loss of $23.8 million and a net loss of $17.6 million, or $0.23 per diluted common share.

Douglas Elliman Inc. reported a decrease in revenue and a shift to an operating loss for the fourth quarter of 2022, compared to the same period in 2021. Consolidated revenues decreased to $207.3 million from $334.2 million, and the company recorded an operating loss of $21.9 million compared to an operating income of $19.2 million in the prior year quarter. Net loss attributed to Douglas Elliman was $18.4 million, or $0.24 per diluted common share, compared to a net income of $20.2 million, or $0.26 per diluted common share, in the prior year quarter.

Douglas Elliman Inc. reported a challenging third quarter in 2022, with consolidated revenues decreasing to $272.6 million compared to $354.2 million in the prior year period. The company experienced an operating loss of $5.2 million and a net loss of $4.0 million, or $0.05 per diluted common share. Despite these challenges, Douglas Elliman maintained a strong balance sheet with cash and cash equivalents of $192.7 million.

Douglas Elliman Inc. reported a decrease in revenue and net income for Q2 2022 compared to the prior year period. While the company achieved the second-highest quarterly revenue in its history, it experienced lower operating income and adjusted EBITDA due to challenging macroeconomic conditions.

Douglas Elliman Inc. reported a 13.2% increase in revenue to $308.9 million compared to $272.8 million in the first quarter of 2021. Net income attributed to Douglas Elliman was $6.5 million, or $0.08 per diluted common share, compared to $14.0 million, or $0.18 per diluted common share, in the prior year period.

Douglas Elliman reported strong Q4 2021 financial results, with a 25% increase in consolidated revenues, a 44% increase in operating income, and a 28% increase in Adjusted EBITDA compared to the prior year period. The company achieved record annual gross transaction value and transactions in 2021.