AGNT, Inc. Reports Q2 2026 Results

BELLINGHAM, Washington, USA — AGNT, Inc.(Nasdaq: AGNT), formerly eXp World Holdings, Inc., the holding company for eXp Realty®, NextHome, Inc., FrameVR.io and SUCCESS® Enterprises, today announced financial results for the second quarter 2026 ended June 30, 2026.

“Our second quarter results are a testament to what happens when you build a platform that genuinely serves agents. Record revenue and record transactions don’t happen by accident, they are the direct result of agents choosing to grow their businesses with us, stay on the platform, and produce more. Retention continues to be highest among our top quartile of producers, and transactions per agent continue to climb, reinforcing our belief that platform utility, not just network size, is what drives durable growth. eXp Realty remains the engine of this platform, and we are just getting started.”

said Leo Pareja, CEO of eXp Realty, LLC.

“The name change to AGNT, Inc. this quarter says plainly what this company now is,”

said Glenn Sanford, Founder, Chairman and CEO of AGNT, Inc.

“One platform, multiple brokerage models, all of it built to serve agents. eXp Realty is the most agent-centric brokerage on the planet, and NextHome extends that reach to agents and broker/owners who want something different. A broader platform with more opportunities is a more resilient one.”

Jesse Hill, Chief Financial Officer of AGNT, Inc. shared:

“I am proud to report a record revenue quarter for AGNT, reflecting the scale and operational discipline we have built across the platform. Our results this quarter also demonstrate meaningful progress on the efficiency initiatives we outlined in 2025, with continued productivity gains and operational improvements. We also completed the NextHome acquisition with cash on hand, expanding our offering to agents and increasing our long-term growth opportunity while maintaining a debt-free balance sheet. We are on track with the integration of NextHome and its contribution, while still early, is consistent with our expectations. We are narrowing our full-year Adjusted EBITDA guidance range and remain focused on continuing to drive revenue growth while delivering sustainable, long-term profitability.”

Second Quarter 2026 Consolidated Financial Highlights as Compared to the Same Year-Ago Period:

• Revenue increased 11% to $1.4 billion from $1.3 billion.
• Net loss was $(2.7) million and net loss per diluted share was $(0.02) per share, compared to net loss of $(2.3) million and net loss per diluted share of $(0.01).
• Operating expenses of $97.2 million, a 2% increase from $95.0 million.
• Adjusted EBITDA¹ (a non-U.S. GAAP financial measure) of $25.7 million, a 129% increase from $11.2 million.
• As of June 30, 2026, cash and cash equivalents totaled $111.2 million, compared to $94.6 million as of June 30, 2025.
• Net cash provided by operating activities was $38.8 million, compared to $36.1 million.
• Adjusted operating cash flow² (a non-U.S. GAAP financial measure) was $15.7 million, compared to $13.4 million.
• Distributed $8.2 million of cash dividends to shareholders.
• The Company paid a cash dividend for the second quarter of 2026 of $0.05 per share of common stock on June 5, 2026. On July 28, 2026, the Company’s Board of Directors declared a cash dividend of $0.05 per share of common stock for the third quarter of 2026, expected to be paid on August 28, 2026 to stockholders of record on August 14, 2026.

Second Quarter 2026 Operational Highlights as Compared to the Same Year-Ago Period:

• AGNT ended the second quarter of 2026 with a global agent Net Promoter Score (“aNPS”) of 69, compared to 77 in the prior-year period. aNPS is a measure of agent satisfaction and an important key performance indicator given the Company’s intense focus on improving the agent experience.
• Agents and brokers on the AGNT platform were 87,338 as of June 30, 2026, a 6% increase.
• Second quarter 2026 real estate sales transactions increased 12% year-over-year to 132,497.
• Second quarter 2026 real estate sales volume increased 15% year-over-year to $60.5 billion.

Third Quarter 2026 Outlook:

• Revenue between $1.35 billion and $1.45 billion.
• Operating expenses between $85 million and $90 million.
• Adjusted EBITDA¹ between $17 million and $22 million.

Full-Year 2026 Outlook:

• Revenue between $4.85 billion and $5.15 billion.
• Operating expenses between $355 million and $365 million.
• Adjusted EBITDA¹ between $50 million and $60 million.

Adjusted EBITDA is a non-U.S. GAAP financial measure and has not been reconciled to the most comparable U.S. GAAP measure outlook because it is not possible to do so without unreasonable efforts due to the uncertainty and potential variability of reconciling items, which are dependent on future events and often outside of management’s control and which could be significant. Because such items cannot be reasonably predicted with the level of precision required, we are unable to provide outlook for the comparable U.S. GAAP measures. Forward-looking estimates of Adjusted EBITDA are made in a manner consistent with the relevant definitions and assumptions noted in our filings with the Securities and Exchange Commission (“SEC”).

For a reconciliation of non-U.S. GAAP financial measures to the most directly comparable U.S. GAAP measures on a historical basis, see “Consolidated U.S. GAAP Net Income (Loss) to Consolidated Adjusted EBITDA Reconciliation” and “Adjusted Operating Cash Flow” included in this press release.

To read the complete press release and Q2 Report, click here.

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¹ A reconciliation of adjusted EBITDA, a non-U.S. GAAP measure, to net income (loss) and a discussion of why management believes adjusted EBITDA is useful to investors is included below.

² A reconciliation of adjusted operating cash flow, a non-U.S. GAAP measure, to net cash provided by operating activities and a discussion of why management believes adjusted operating cash flow is useful to investors is included below.

About AGNT, Inc.

Built by Agents. Built for Agents. AGNT, Inc. (Nasdaq: AGNT) is the global parent company of eXp Realty®, the most agent-centric™ real estate brokerage on the planet, NextHome, Inc., an award-winning national real estate franchise, FrameVR.io, a virtual collaboration platform, and SUCCESS® Enterprises, a leading personal development and media brand for entrepreneurs. Together, the AGNT platform provides a world-class multi-model operating system empowering independent agents, franchise owners, and team leaders across the Americas, Europe, the Middle East, Asia Pacific, and South Africa. As a publicly traded company, AGNT prioritizes transparency, innovation, and long-term value for agents, franchise owners, staff, and shareholders.