Key Highlights

  • Net loss was $4.3 million, or $0.03 per diluted share.
  • Net income in the prior-year quarter was $3.5 million, or $0.02 per diluted share.
  • Operating expenses rose 7 percent to $87.9 million.
  • International Revenue grew 27 percent, the fastest of the company's segments.

AGNT, Inc. (NASDAQ:AGNT), formerly known as eXp World Holdings, is the Holding Company for eXp Realty, NextHome, FrameVR.io and SUCCESS Enterprises. It reported third quarter 2026 results, showing a net loss of $4.3 million, or $0.03 per diluted share, compared with Net Income of $3.5 million, or $0.02 per share, a year earlier. The release also marked a change in leadership, with the company's new chief executive describing the quarter in the context of a new chapter.

Segment Performance and International Growth

International was the company's fastest-growing segment, with revenue up 27 percent year over year. The release described the segment as making continued progress toward profitability as it scales, which indicates that the company's expansion outside its home market is still in an Investment stage.

Operating Expenses and the Swing to Loss

Operating expenses rose 7 percent to $87.9 million from $82.2 million. The increase in cost base, combined with the change from net income to a net loss, shows that expenses grew faster than the company's Earnings contribution over the period.

The company's net loss compares with net income in the prior-year quarter.

Outlook and Sector Context

For the fourth quarter of 2026, AGNT expects revenue between $1.0 billion and $1.2 billion. For the full year, it expects revenue between $4.85 billion and $5.05 billion. The outlook provides a revenue reference point, though it does not specify the expected profit range.

Residential real estate brokerage and related services depend on housing transaction volumes, interest rates and agent productivity. Revenue ranges that remain broad reflect the sensitivity of transaction-based businesses to market conditions.

Final Takeaways

AGNT reported a third quarter net loss compared with net income a year earlier, rising operating expenses and 27 percent international revenue growth. Its revenue outlook spans a wide range, and the company's path to profit depends on the cost base and international scale. Subsequent results will show whether the loss narrows as the new leadership's plans take effect.