Earnings ·
Douglas Elliman Inc. reported financial results for the second quarter ended June 30, 2026
DOUGDouglas Elliman Inc.
Douglas Elliman Inc. reported financial results for the second quarter ended June 30, 2026. Second-quarter revenues increased 4.5% year-over-year to $283.4 million, or 8.6% on a comparable basis excluding property management. Gross transaction value rose 5.9% to $10.8 billion. The company recorded an operating loss of $3.4 million and a net loss of $2.7 million, or $0.03 per diluted share, compared to a net loss of $22.7 million in the prior-year period. Adjusted EBITDA narrowed to a $1.0 million loss from $3.6 million previously. The balance sheet held $105.2 million in cash with no long-term debt. Douglas Elliman operates as a luxury residential real estate brokerage and development marketing firm.