Quarterly ResultAug 7, 2026, 07:22 AM
Douglas Elliman Q2 Revenue Up 4.5%; Net Loss Narrows to $2.7M
AI Summary
Douglas Elliman Inc. reported its second quarter 2026 financial results, with revenues increasing 4.5% year-over-year to $283.4 million, or 8.6% on a comparable basis. The company significantly narrowed its net loss to $2.7 million from $22.7 million in Q2 2025 and its operating loss to $3.4 million. Strategic initiatives include a company-wide AI transformation, expansion into new international and domestic markets, and growth of Elliman Capital. The company maintains a robust balance sheet with $105.2 million in cash and no long-term debt.
Key Highlights
- Q2 2026 revenue increased 4.5% year-over-year to $283.4 million.
- Net loss narrowed to $2.7 million from $22.7 million in Q2 2025.
- Operating loss narrowed to $3.4 million from $5.5 million in Q2 2025.
- Adjusted EBITDA loss narrowed to $1.0 million from $3.6 million.
- Gross Transaction Value rose 5.9% year-over-year to $10.8 billion.
- Cash and cash equivalents stood at $105.2 million with no long-term debt.
- Development marketing pipeline reached $26.1 billion.
- Launched company-wide AI transformation and new intelligence company Elius.
Price Impact
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