eXp Realty has announced its Q1 2025 earnings and showcased the strength of its agent-centric model and global strategy, highlighting major wins across innovation, international expansion, and agent satisfaction. (Read the press release here.)
International Revenue Soars as Global Expansion Accelerates
One of the most exciting highlights: eXp more than doubled its international revenue year-over-year, a testament to the scalability and appeal of its agent-first, cloud-based model. The company also officially expanded into Perú and Türkiye, continuing its mission to provide entrepreneurial agents around the world with unmatched tools, training, and support.
“We’re entering 2025 from a position of strength,” said Glenn Sanford, Founder, Chairman, and CEO of eXp World Holdings. “Our tech-enabled value stack is empowering agents to grow their businesses like never before, no matter where they are.”
eXp’s NPS Score Climbs to 78
Agent satisfaction remains at the core of eXp’s mission – and it shows. The company’s global agent Net Promoter Score (aNPS) climbed to an impressive 78, up from 73 last year. This key metric underscores eXp’s unwavering commitment to the agent experience, even as the broader real estate landscape shifts.
Innovation That Supports Transparency & Agent Income
In an industry facing new challenges, eXp continues to lead with forward-thinking solutions. CEO of eXp Realty, Leo Pareja, emphasized the company’s proactive stance on protecting consumer transparency, choice, and competition. eXp launched the industry’s first open-sourced seller advisory form and became the first brokerage to partner with Zillow to further elevate transparency and trust in the home buying and selling process.
The newly launched Co-Sponsor program is also a game-changer, opening up new income opportunities for agents and deepening collaboration across the eXp network.
Strong Cash Position & Shareholder Value
Financially, eXp remains on solid ground:
- Revenue rose to $954.9 million, a 1% increase year-over-year.
- Cash and cash equivalents climbed to $115.7 million, up from $109.2 million.
- The company generated $39.8 million in net operating cash and distributed $12.6 million to shareholders through stock repurchases and dividends.
- A quarterly cash dividend of $0.05 per share continues to reward long-term investors.
While overall agent count and transactions saw modest decreases – largely in line with macro trends – the company posted a 4% increase in sales volume, reaching $38.6 billion for Q1.
