Revenue: As of FY2026 Q1, the actual value is USD 214.33 M.EPS: As of FY2026 Q1, the actual value is USD -0.19.EBIT: As of FY2026 Q1, the actual value is USD -18.4 M.<h4>First Quarter 2026 Financial Highlights</h4>Douglas Elliman Inc. reported total revenues of $214.3 million for the first quarter of 2026, a decrease from $253.4 million in the first quarter of 2025, partly due to a strong comparable first quarter in 2025 and the October 2025 disposition of Douglas Elliman Property Management, which contributed $9.5 million to first quarter 2025 revenue. Excluding property management revenues, 2025 revenues were $243.9 million for the first quarter. <h5>Revenue Breakdown (in thousands)</h5><ul><li>Commissions and other brokerage income: $211,881 in Q1 2026, compared to $241,143 in Q1 2025. </li><li>Property management: $0 in Q1 2026, compared to $9,492 in Q1 2025. </li><li>Other ancillary services: $2,452 in Q1 2026, compared to $2,768 in Q1 2025. </li></ul><h4>Operational Metrics</h4><ul><li>Operating loss: -$17.5 million in Q1 2026, compared to -$5.3 million in Q1 2025. </li><li>Net loss attributed to Douglas Elliman Inc.: -$16.3 million in Q1 2026, compared to -$6.0 million in Q1 2025. </li><li>Net loss per diluted common share: -$0.19 in Q1 2026, compared to -$0.07 in Q1 2025. </li><li>Adjusted EBITDA attributed to Douglas Elliman Inc.: -$10.4 million for Q1 2026, compared to -$0.9 million for Q1 2025. </li><li>Adjusted Net Loss attributed to Douglas Elliman Inc.: -$12.4 million or -$0.14 per diluted share for Q1 2026, compared to -$4.3 million or -$0.05 per diluted share for Q1 2025. </li></ul><h5>Expenses Breakdown (in thousands)</h5><ul><li>Real estate agent commissions: $167,391 in Q1 2026, compared to $186,525 in Q1 2025. </li><li>Sales and marketing: $17,737 in Q1 2026, compared to $19,739 in Q1 2025. </li><li>Operations and support: $16,240 in Q1 2026, compared to $17,728 in Q1 2025. </li><li>General and administrative: $23,192 in Q1 2026, compared to $27,325 in Q1 2025. </li><li>Technology: $5,238 in Q1 2026, compared to $5,535 in Q1 2025. </li><li>Depreciation and amortization: $1,999 in Q1 2026, compared to $1,900 in Q1 2025. </li><li>Restructuring: $47 in Q1 2026, compared to $0 in Q1 2025. </li></ul><h4>Unique Metrics</h4><ul><li>Gross transaction value: Approximately $8.6 billion in Q1 2026, compared to $9.9 billion in Q1 2025. </li><li>Average price per transaction: $1.96 million in Q1 2026, compared to $2.02 million in Q1 2025. </li><li>Total transactions: 4,393 in Q1 2026, compared to 4,908 in Q1 2025. </li><li>Development marketing pipeline: Approximately $27.2 billion, with $19.5 billion in Florida alone, and an additional $8.4 billion scheduled to come to market through March 31, 2027. </li></ul><h4>Cash and Debt Position</h4><ul><li>Cash and cash equivalents: Approximately $96.0 million as of March 31, 2026. </li><li>Long-term debt: No long-term debt as of March 31, 2026. </li></ul><h4>Outlook</h4>Douglas Elliman Inc. enters the second quarter of 2026 with a strong capital position and a significant development marketing pipeline, despite a year-over-year revenue decline in Q1 2026. Management believes that cost discipline, footprint expansion, and continued investment in technology and brand provide a compelling foundation for accelerated growth as market conditions normalize. The company remains focused on maintaining leadership in luxury residential real estate to deliver long-term stockholder value.

Douglas Elliman | 8-K: FY2026 Q1 Revenue: USD 214.33 M