Douglas Elliman Inc. income statement
In fiscal 2025, Douglas Elliman Inc. reported revenue of $1.03bn, up 3.8% on the year before, operating income of $45.5m (a 4.4% margin) and net income of $15.2m, or $0.17 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 784 | 774 | 1,353 | 1,153 | 956 | 996 | 1,033 | 1,006 |
| Selling and marketing | 77 | 64 | 77 | 86 | 84 | 83 | 81 | 78 |
| General and administrative | 97 | 76 | 93 | 131 | 125 | 118 | 111 | 98 |
| Operating income | −3 | −49 | 102 | −5 | −64 | −69 | 45 | 35 |
| Interest expense | — | — | — | 0 | 0 | 3 | 5 | 2 |
| Provision for credit losses | 0 | 1 | 3 | 4 | 5 | 5 | 4 | 4 |
| Income before tax | 9 | −46 | 101 | 0 | −58 | −76 | 18 | 28 |
| Income tax | 0 | 0 | 2 | 7 | −15 | 1 | 4 | 4 |
| Net income | 8 | −46 | 99 | −6 | −43 | −76 | 15 | 25 |
| Diluted EPS | $0.10 | −$0.57 | $1.21 | −$0.08 | −$0.52 | −$0.91 | $0.17 | $0.29 |
| Diluted shares (average) | 82m | 82m | 82m | 82m | 82m | 84m | 85m | 85m |
| EBITDA | 5 | −41 | 111 | 3 | −56 | −61 | 54 | 44 |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 266 | 243 | 253 | 271 | 263 | 245 | 214 | 283 |
| Selling and marketing | 19 | 20 | 20 | 20 | 20 | 21 | 18 | 20 |
| General and administrative | 29 | 37 | 27 | 26 | 32 | 25 | 23 | 18 |
| Operating income | −7 | −16 | −5 | −6 | −11 | 67 | −18 | −3 |
| Interest expense | 1 | 1 | 2 | 2 | 2 | 0 | 0 | 0 |
| Provision for credit losses | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Income before tax | −27 | −6 | −6 | −23 | −25 | 72 | −16 | −3 |
| Income tax | 0 | −0 | 0 | 0 | 0 | 4 | 0 | 0 |
| Net income | −27 | −6 | −6 | −23 | −25 | 69 | −16 | −3 |
| Diluted EPS | −$0.33 | −$0.07 | −$0.07 | −$0.27 | −$0.29 | $0.80 | −$0.19 | −$0.03 |
| EBITDA | −6 | −14 | −3 | −3 | −8 | 69 | −16 | −1 |
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