AGNT guided third-quarter revenue of $1.35 billion to $1.45 billion and narrowed its full-year 2026 adjusted EBITDA guidance to $50 million to $60 million. The company reported second-quarter revenue of $1.4 billion, up 11% year-over-year, with adjusted EBITDA of $25.7 million and operating income of $1.6 million. Management cited record revenue and productivity gains from AI tooling, but cautioned that a challenging macroeconomic environment is expected to soften housing activity in the second half of the year. The outlook now includes the recently acquired NextHome franchise, which contributed approximately 4,900 agents but remains a sub-10% portion of the overall business. Full-year revenue guidance was maintained at $4.85 billion to $5.15 billion, while operating expense guidance was raised to $355 million to $365 million, partly reflecting elevated legal costs.
eXp World Holdings, Inc.Company's guidance reflects softening housing activity due to macroeconomic environment, impacting demand for its services.
Acquisition of NextHome is included in outlook, contributing agents and growth, though sub-10% of business.
