AGNT, Inc. (Nasdaq: AGNT), formerly eXp World Holdings, announced its second-quarter 2026 results. The company, which owns eXp Realty, NextHome, FrameVR.io, and SUCCESS Enterprises, reported higher revenue, more transactions, and improved adjusted EBITDA.
Revenue rose 11% year-over-year to $1.4 billion from $1.3 billion. Net loss was $2.7 million, or $0.02 per diluted share, compared with a net loss of $2.3 million, or $0.01 per share, a year earlier.
Operating expenses increased 2% to $97.2 million. Adjusted EBITDA jumped 129% to $25.7 million from $11.2 million. Cash and cash equivalents reached $111.2 million as of June 30, 2026, up from $94.6 million a year earlier.
Net cash from operating activities was $38.8 million. Adjusted operating cash flow totaled $15.7 million. The company distributed $8.2 million in cash dividends and paid a $0.05 per share dividend for the second quarter.
The AGNT platform ended the quarter with 87,338 agents and brokers, a 6% increase. Real estate sales transactions rose 12% to 132,497. Sales volume grew 15% to $60.5 billion.
Global agent Net Promoter Score stood at 69, down from 77 in the prior-year period. Company leaders said retention remains strongest among top producers, and transactions per agent continue to rise.
Leo Pareja, CEO of eXp Realty, said record results reflect agents choosing to grow their businesses on the platform. Glenn Sanford, Founder and CEO of AGNT, highlighted the name change as a clear signal that the company is built around serving agents across multiple brokerage models.
CFO Jesse Hill noted progress on efficiency initiatives and the cash-funded acquisition of NextHome. He said the company remains debt-free and is on track with the integration.
For the third quarter of 2026, AGNT expects revenue between $1.35 billion and $1.45 billion. Operating expenses are projected between $85 million and $90 million. Adjusted EBITDA is expected between $17 million and $22 million.
For the full year 2026, the company forecasts revenue of $4.85 billion to $5.15 billion. Operating expenses are expected between $355 million and $365 million. Adjusted EBITDA guidance is narrowed to $50 million to $60 million.
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