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 ( DOUG ) 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 ( DOUG ) 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/Mis Actual Consensu

s s

Estimate

Q3 $262.80

Revenue mln

Q3 $200,000

Adjusted

Net

Income

Q3 Net -$24.70

Income mln

Q3 $2.70

Adjusted mln

EBITDA

Q3 -$10.70

Operatin mln

g Income

Press Release:

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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.)