---
schema_version: "secwatch.filing_event.v1"
accession: "0001878897-23-000010"
form_type: "8-K"
ticker: "DOUG"
cik: "0001878897"
company_name: "Douglas Elliman Inc."
filed_at: "2023-05-10T23:59:59+00:00"
generated_at: "2026-06-15T07:12:28.398714+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Douglas Elliman Q1 2023 revenue down 31% to $214M; net loss of $15.1M

## Summary
- Revenue $214.0M vs $308.9M in Q1 2022; gross transaction value $7.3B vs $11.7B.
- Net loss attributable to Douglas Elliman $15.1M ($0.20 diluted EPS) vs net income $6.5M ($0.08) year ago.
- Adjusted EBITDA loss $14.4M vs income $12.7M in prior-year quarter.
- Real estate brokerage segment operating loss $14.1M vs operating income $14.5M a year ago.
- Average price per transaction $1.580M; limited listing inventory cited as headwind.

## SEC filing metadata
- accession: 0001878897-23-000010
- form_type: 8-K
- ticker: DOUG
- cik: 0001878897
- company_name: Douglas Elliman Inc.
- filed_at: 2023-05-10T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1878897/000187889723000010/0001878897-23-000010-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1878897/000187889723000010/doug-20230509.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001878897-23-000010
- JSON: https://secwatch.observer/filing/0001878897-23-000010.json
- Plain text: https://secwatch.observer/filing/0001878897-23-000010.txt

## Key facts
- Earnings Releases
  Douglas Elliman Inc. reported the three months ended March 31, 2023 results: revenue $214.0 million, net income $15.1 million, EPS $0.20 per diluted common share.
  - Period: the three months ended March 31, 2023
  - Revenue: $214.0 million
  - Net income: $15.1 million
  - EPS: $0.20 per diluted common share
  - Result: reported results
  source text: Kirkland III, Douglas Elliman Inc. 305-579-8000 DOUGLAS ELLIMAN INC. REPORTS FIRST QUARTER 2023 FINANCIAL RESULTS First Quarter 2023 Highlights: • Consolidated revenues of $214.0 million compared to $308.9 million in the prior year quarter ◦ Douglas Elliman’s real estate brokerage segment achieved gross transaction value of approximately $7.3 billion compared to
  evidence_url: https://www.sec.gov/Archives/edgar/data/1878897/000187889723000010/0001878897-23-000010-index.htm

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