Fathom Holdings shares rise 15.50% intraday after Q3 revenue jumps 37.7% to $115.3M, driven by 23% transaction growth and adjusted EBITDA profitability.

Fathom Holdings surged 15.51% intraday after reporting robust Q3 2025 results, including 37.7% year-over-year revenue growth to $115.3 million, driven by 23% transaction growth and a 24% increase in agent count. The company achieved adjusted EBITDA profitability for the second consecutive quarter and highlighted strategic expansions, such as acquiring Start Real Estate and expanding Verus Title into Arizona and Alabama. CEO Marco Fregenal emphasized operational leverage, with over 50% of gross profit contributing to EBITDA, and outlined plans to target 18,000 small brokerages via its IntelliAgent platform. Despite a $4.4 million GAAP net loss, the revenue beat and positive guidance for 2026, including operational cash flow breakeven by Q2 2026, fueled investor optimism. The stock’s sharp rise reflected confidence in Fathom’s growth initiatives and improving profitability trajectory.