Douglas Elliman Q2 adjusted EPS USD -0.05

Douglas Elliman Inc. reported an adjusted net loss of $0.05 per diluted common share for the second quarter of 2025, according to its latest financial results. This represents a modest improvement compared to the adjusted net loss of $0.01 per share in the second quarter of 2024. The company’s adjusted net loss for the quarter was $4.7 million, compared to $0.5 million in the prior-year period.

Despite the adjusted net loss, the company demonstrated progress in narrowing its operating losses and improving its adjusted EBITDA performance. For the second quarter of 2025, Douglas Elliman reported an adjusted EBITDA loss of $0.8 million, compared to a gain of $2.9 million in the second quarter of 2024. Over the first half of 2025, the company’s adjusted EBITDA improved significantly, with a $0.3 million income compared to a $14.7 million loss in the same period in 2024.

The company’s gross transaction value for the second quarter of 2025 was approximately $10.2 billion, with an average price per transaction of $1.840 million. For the six months ended June 30, 2025, the gross transaction value reached $20.1 billion, with an average price per transaction of $1.923 million.

Douglas Elliman maintained a strong balance sheet, with $136.3 million in cash and cash equivalents as of June 30, 2025. The company continues to focus on strategic investments in key growth areas while managing costs and supporting its agents and clients.