---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-23-013201"
form_type: "8-K"
ticker: "EXPI"
cik: "0001495932"
company_name: "eXp World Holdings, Inc."
filed_at: "2023-08-03T23:59:59+00:00"
generated_at: "2026-06-12T07:55:55.059339+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# eXp World Holdings reports Q2 revenue down 13% to $1.2B; net income $9.4M, EPS $0.06

## Summary
- Revenue $1.2B (-13% YoY); net income $9.4M, diluted EPS $0.06 (flat YoY).
- Adjusted EBITDA $24.7M; generated $64.6M adjusted operating cash flow.
- Agent count 88,248 (+7%); transactions 137,199 (-9%); transaction volume $48.6B (-16%).
- International realty revenue rose 35% to an all-time record; dividend raised to $0.05/share.
- Repurchased ~$48.8M of common stock during Q2; cash & equivalents $124.7M.

## SEC filing metadata
- accession: 0001558370-23-013201
- form_type: 8-K
- ticker: EXPI
- cik: 0001495932
- company_name: eXp World Holdings, Inc.
- filed_at: 2023-08-03T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1495932/000155837023013201/0001558370-23-013201-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1495932/000155837023013201/expi-20230803x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-23-013201
- JSON: https://secwatch.observer/filing/0001558370-23-013201.json
- Plain text: https://secwatch.observer/filing/0001558370-23-013201.txt

## Key facts
- Earnings Releases
  eXp World Holdings, Inc. reported the second quarter ended June 30, 2023 results: revenue $1.2 billion, net income $9.4 million, EPS $0.06 per diluted share.
  - Period: the second quarter ended June 30, 2023
  - Revenue: $1.2 billion
  - Net income: $9.4 million
  - EPS: $0.06 per diluted share
  - Result: reported results
  source text: eXp World Holdings, Inc. (Nasdaq: EXPI), or the “Company”, the holding company for eXp Realty ® , Virbela and SUCCESS ® Enterprises, today announced financial results for the second quarter ended June 30, 2023. Second Quarter 2023 Consolidated Financial Highlights as Compared to the Same Year-Ago Quarter: ● Revenue decreased 13% to $1.2 billion. ● Gross profit decreased 10% to $96.5 million. ● Net income of $9.4 million. Earnings per diluted share of $0.06 compared to earnings per diluted share of $0.06 in the year-ago quarter.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1495932/000155837023013201/0001558370-23-013201-index.htm

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