Douglas Elliman Inc. Reports Third Quarter 2026 Financial Results
Business Wire•09/11/2026•17:00 ET
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Key Highlights
- ➤Q3 revenue $252.1M, down from $262.8M year over year
- ➤Q3 operating income $6.3M versus $10.7M operating loss
- ➤Q3 net income $7.4M, or $0.08 per diluted share
- ➤Board authorizes $10M share repurchase program
- ➤Cash, Treasury Bill approximately $123M; no long-term debt
- ➤Development marketing pipeline approximately $26B
Expert Statements
Michael S. Liebowitz, President and Chief Executive Officer of Douglas Elliman Inc.
“Over the past two years, we have worked to build the foundation for Douglas Elliman’s future, and we have succeeded in creating a stronger, more focused company.”
Michael S. Liebowitz, President and Chief Executive Officer of Douglas Elliman Inc.
“In the third quarter, we delivered operating income of $6.3 million and net income of $7.4 million, while maintaining approximately $123 million in cash, cash equivalents, and a U.S. Treasury Bill and no long-term debt.”
Michael S. Liebowitz, President and Chief Executive Officer of Douglas Elliman Inc.
“We have sharpened our focus around what we do best, and we are now investing in our people and technology, modernizing our operating platform and pursuing opportunities that reinforce Douglas Elliman’s leadership in luxury residential real estate and drive our next phase of growth.”
Michael S. Liebowitz, President and Chief Executive Officer of Douglas Elliman Inc.
“The Board’s approval of a $10 million share repurchase program further reflects our confidence in Douglas Elliman and our commitment to delivering long-term value for our stockholders.”
Douglas Elliman Inc. Reports Third Quarter 2026 Financial Results
Third Quarter Results with Operating Income of $6.3M; Net Income of $7.4M
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