Exp World (NASDAQ:AGNT) Issues Quarterly Earnings Results

Posted by George Bondi on Aug 5th, 2026

Exp World (NASDAQ:AGNT – Get Free Report) released its earnings results on Tuesday. The technology company reported ($0.02) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.02 by ($0.04), FiscalAI reports. The business had revenue of $1.45 billion for the quarter, compared to analyst estimates of $1.39 billion. Exp World had a negative net margin of 0.35% and a negative return on equity of 7.05%. The business’s revenue was up 10.7% on a year-over-year basis.

Here are the key takeaways from Exp World’s conference call:

Record second-quarter results: Revenue rose 11% year over year to $1.4 billion, while Adjusted EBITDA increased 129% to $25.7 million, above the company’s guidance range. Sales transactions grew 12% and productivity per agent increased 6%.
AGNT reported continued operating leverage from its technology investments, including AI tools that have reviewed more than 5 million documents and increased files handled per transaction analyst by 19%. Management said further cost savings and workflow efficiencies remain available as AI capabilities improve.
The international segment posted 44% year-over-year revenue growth, while its operating loss narrowed 57% and Adjusted EBITDA loss improved 66%. Management attributed momentum to expansion into new countries, the Nexus operating system and international agent-sponsorship initiatives.
AGNT said its multi-model strategy is gaining traction through the combination of eXp Realty and NextHome, with NextHome adding approximately 4,900 agents. Although its current financial contribution is modest, management views the franchise platform as a potential avenue to capture agents whose franchise agreements are coming due.
Management expects housing activity to remain softer through the end of 2026 amid persistent inflation, geopolitical uncertainty, elevated Treasury yields and the Federal Reserve’s restrictive stance. Full-year revenue guidance was maintained at $4.85 billion-$5.15 billion, while the company expects continued elevated legal costs in the second half.

Exp World Stock Up 2.9%

AGNT opened at $4.22 on Wednesday. Exp World has a 12 month low of $3.68 and a 12 month high of $12.23. The company has a fifty day simple moving average of $4.68 and a 200 day simple moving average of $6.07. The stock has a market cap of $693.43 million, a P/E ratio of -42.20 and a beta of 2.09.

Key Stories Impacting Exp World

Here are the key news stories impacting Exp World this week:

Positive Sentiment: Exp World reported second-quarter revenue of approximately $1.45 billion, up 10.7% year over year and ahead of the $1.39 billion analyst consensus. The company also forecast third-quarter revenue of $1.4 billion to $1.5 billion, above the roughly $1.4 billion consensus. AGNT, Inc. Reports Q2 2026 Results
Positive Sentiment: Mexico luxury brokerage Ronival Real Estate partnered with eXp Realty, potentially expanding the company’s presence in a high-end international market. Ronival Real Estate Partners with eXp Realty
Positive Sentiment: Former professional baseball player and real estate executive Mike Mendoza joined eXp Realty Luxury with his Arizona-based team, adding experienced leadership and agents to the platform. Mike Mendoza Joins eXp Realty Luxury
Neutral Sentiment: Full-year 2026 revenue guidance of $4.9 billion to $5.2 billion brackets the $5.0 billion consensus estimate, suggesting expectations were broadly maintained. The company did not provide a specific EPS figure in the guidance update. Q2 2026 Earnings Call Transcript
Negative Sentiment: Profitability disappointed: reports characterized second-quarter EPS as break-even or a $0.02 loss, versus consensus expectations for a $0.02–$0.03 profit. EPS also declined from $0.06 a year earlier. Exp World posted a negative net margin and negative return on equity, keeping investor focus on its path to sustainable profits.

Analysts Set New Price Targets

Several equities analysts recently weighed in on AGNT shares. DA Davidson restated a “neutral” rating and issued a $6.50 price objective (down from $10.25) on shares of Exp World in a report on Thursday, July 2nd. Wall Street Zen raised Exp World to a “hold” rating in a research note on Sunday, May 10th. Finally, Weiss Ratings reiterated a “sell (d)” rating on shares of Exp World in a report on Wednesday, May 27th. One analyst has rated the stock with a Strong Buy rating, two have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of $6.42.

Check Out Our Latest Report on AGNT

Institutional Investors Weigh In On Exp World

Large investors have recently modified their holdings of the business. State Street Corp increased its stake in Exp World by 4.6% during the 4th quarter. State Street Corp now owns 3,299,012 shares of the technology company’s stock worth $29,856,000 after purchasing an additional 145,657 shares in the last quarter. Bank of America Corp DE increased its position in shares of Exp World by 73.3% during the second quarter. Bank of America Corp DE now owns 3,289,449 shares of the technology company’s stock worth $29,934,000 after acquiring an additional 1,391,582 shares in the last quarter. Renaissance Technologies LLC raised its holdings in shares of Exp World by 4.6% during the fourth quarter. Renaissance Technologies LLC now owns 2,656,716 shares of the technology company’s stock worth $24,043,000 after acquiring an additional 116,900 shares during the period. Geode Capital Management LLC lifted its position in Exp World by 1.6% in the 4th quarter. Geode Capital Management LLC now owns 2,418,531 shares of the technology company’s stock valued at $21,891,000 after acquiring an additional 38,134 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. boosted its stake in Exp World by 6.8% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 2,204,606 shares of the technology company’s stock worth $19,952,000 after purchasing an additional 139,554 shares during the period. 27.17% of the stock is currently owned by institutional investors.

About Exp World

(Get Free Report)

eXp World Holdings, Inc (NASDAQ: EXPI) is a cloud-based real estate company that operates a global brokerage model through its eXp Realty subsidiary. Founded in 2009 by industry veteran Glenn Sanford and headquartered in Bellingham, Washington, the company leverages a virtual business environment to connect and support real estate professionals. eXp Realty’s technology-driven platform enables licensed agents to list, show and manage residential property transactions without the overhead of traditional brick-and-mortar offices.

At the core of eXp World’s offering is its proprietary virtual campus, which provides real-time training, collaboration and networking via an immersive online environment.