---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-059378"
form_type: "8-K"
ticker: "FTHM"
cik: "0001753162"
company_name: "Fathom Holdings Inc."
filed_at: "2024-05-09T23:59:59+00:00"
generated_at: "2026-06-02T06:34:37.535526+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Fathom Holdings Q1 revenue down 9% to $70.5M, net loss $5.9M; targets positive EBITDA in Q2

## Summary
- Revenue $70.5M (-9% YoY); GAAP net loss $5.9M ($0.31/sh) vs. $5.7M loss prior year.
- Gross margin improved to 10.3% from 8.7%; Adjusted EBITDA loss $1.5M (relatively flat YoY).
- Agent count up 12.8% to ~11,986 licenses; transactions down 9.7% to 7,703.
- Q2 2024 guidance: revenue $86-89M, Adjusted EBITDA $200K-$500K (first positive quarter).
- Sold Dagley Insurance Agency for $15M cash ($8M at close, $7M over 24 months) to strengthen balance sheet.

## SEC filing metadata
- accession: 0001104659-24-059378
- form_type: 8-K
- ticker: FTHM
- cik: 0001753162
- company_name: Fathom Holdings Inc.
- filed_at: 2024-05-09T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1753162/000110465924059378/0001104659-24-059378-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1753162/000110465924059378/tm2413420d2_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-059378
- JSON: https://secwatch.observer/filing/0001104659-24-059378.json
- Plain text: https://secwatch.observer/filing/0001104659-24-059378.txt

## Key facts
- Earnings Releases
  Fathom Holdings Inc. reported the first quarter ended March 31, 2024 results: revenue $70.5 million, net income $5.9 million, or $0.31 per share, EPS $0.31 per share.
  - Period: the first quarter ended March 31, 2024
  - Revenue: $70.5 million
  - Net income: $5.9 million, or $0.31 per share
  - EPS: $0.31 per share
  - Result: reported results
  source text: transactions decreased primarily due to continuation of high interest rates in the first quarter of 2024. Fathom’s total revenue decreased 9.0% for the 2024 first quarter to $70.5 million, from $77.5 million for the 2023 first quarter. The decrease in total revenue was comprised of a 10.6% decrease in brokerage revenue largely attributable to the decline in
  evidence_url: https://www.sec.gov/Archives/edgar/data/1753162/000110465924059378/0001104659-24-059378-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.