eXp Realty announced its third quarter financial results for 2024. Third quarter revenue grew by 2% to $1.2 billion, driven by increased home sales prices and agent productivity. Third quarter adjusted EBITDA was $23.9 million, a 15% increase from the same period of 2023, which the company attributes to improved business efficiencies, reduced costs and higher revenues and gross profit.

eXp World Holdings, the parent company of eXp Realty, announced its fourth quarter and full-year financial reports for 2023. In the fourth quarter, the company’s revenue reached $983 million with a gross profit of $70.9 million. Revenue for the full year 2023 was down 7% to $4.3 billion with a gross profit of $324.1 million, down 12% from 2022.