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Douglas Elliman (DOUG) investor relations material
Douglas Elliman Q1 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Advanced strategic priorities with new market entries, platform expansion, and key leadership appointments.
Positioned for long-term growth as a leaner, more powerful luxury real estate platform.
Maintained focus on disciplined expense management and technology investment.
Financial highlights
Q1 2026 revenues were $214.3M, down from $253.4M in Q1 2025, impacted by the sale of the property management business.
Operating loss of $17.5M in Q1 2026, compared to $5.3M in Q1 2025.
Net loss attributed was $16.3M ($0.19/share) in Q1 2026 vs. $6.0M ($0.07/share) in Q1 2025.
Adjusted EBITDA loss of $10.4M in Q1 2026, compared to a loss of $0.9M in Q1 2025.
Adjusted net loss was $12.4M ($0.14/share) in Q1 2026 vs. $4.3M ($0.05/share) in Q1 2025.
Outlook and guidance
Entered Q2 2026 with a strong capital position and a $27.2B development marketing pipeline.
Management expects accelerated growth as market conditions normalize, supported by cost discipline and technology investment.
Revenues in Q1 2026 exceeded those in Q1 2024 and Q1 2023, indicating positive business trajectory.
- Votes will be held on director elections, auditor ratification, and executive compensation.DOUG
Proxy filing30 Apr 2026 - Director elections, auditor change, and executive pay alignment headline the annual meeting.DOUG
Proxy filing30 Apr 2026 - 2025 net income rebounded to $15.2M on $1.033B revenue, driven by strategic realignment.DOUG
Q4 202513 Mar 2026 - Q2 revenue rose, net loss narrowed, and adjusted EBITDA turned positive amid ongoing headwinds.DOUG
Q2 20242 Feb 2026 - Revenue up, net loss widened on one-time charges; cost cuts and expansion plans underway.DOUG
Q3 202416 Jan 2026 - Revenue up 5% Y/Y, net loss and adjusted EBITDA improved, balance sheet strengthened.DOUG
Q3 202527 Dec 2025 - Q4 2024 revenue and profitability improved, with strong liquidity and positive 2025 momentum.DOUG
Q4 202426 Dec 2025 - Registering 40.85M shares for resale from $50M convertible notes, no proceeds to company.DOUG
Registration Filing16 Dec 2025 - Proxy covers director elections, auditor ratification, say-on-pay, and board declassification proposal.DOUG
Proxy Filing1 Dec 2025
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