Fathom Holdings Q3 revenue up 38% to $115M; adjusted EBITDA turns positive at $6K

Fathom Holdings Inc.

2025-Q3 EPS reported -$0.51 revenue$329,871,000

Net loss of $4.4M ($0.15/share) vs $8.1M loss ($0.40) a year ago; litigation contingency of $2.0M recorded.
Brokerage revenue $109.2M (+39% YoY); title revenue $1.8M (+28.6%); mortgage $3.5M (+20.7%).
Agent count 15,371 (+24%); transactions 11,479 (+23%); Elevate program onboarded 70 agents in Q3.
Acquired START Real Estate in October, adding ~70 agents; Verus Title expanded into AZ and AL.
Company withheld Q4 guidance; plans to reassess in Q1 2026; completed $6.9M stock offering in September.

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