Quarterly ResultAug 10, 2026, 04:49 PM
Douglas Elliman Q2 Net Loss Narrows to $(2.73)M; EPS $(0.03)
AI Summary
Douglas Elliman Inc. reported a significant improvement in its second-quarter 2026 financial results, with net loss narrowing to $(2.73) million from $(22.62) million in the prior year, and diluted EPS improving to $(0.03). Quarterly revenues increased to $283.45 million. However, revenues for the six-month period decreased to $497.78 million from $524.77 million year-over-year, and net cash used in operating activities increased. The company also completed the acquisition of Real Estate Associates of Houston LLC and recorded an antitrust litigation settlement expense.
Key Highlights
- Net loss for Q2 2026 significantly improved to $(2.73) million from $(22.62) million in Q2 2025.
- Diluted EPS for Q2 2026 improved to $(0.03) from $(0.27) in Q2 2025.
- Total revenues for Q2 2026 increased to $283.45 million, up from $271.37 million in Q2 2025.
- Total revenues for the six months ended June 30, 2026, were $497.78 million, down from $524.77 million in 2025.
- Douglas Elliman Inc. acquired the remaining ownership interest of Real Estate Associates of Houston LLC for $100,000.
- Antitrust litigation settlement expense of $2.04 million was recorded for the six months ended June 30, 2026.
- Cash and cash equivalents decreased to $105.23 million as of June 30, 2026, from $115.51 million at December 31, 2025.
- Net cash used in operating activities for the six months ended June 30, 2026, was $(7.74) million, compared to $(4.97) million in 2025.
Price Impact
More from DOUG