Douglas Elliman Inc. (NYSE: DOUG) is an American firm specializing in real estate services and strategic investments in property technology. Its operations are segmented into two primary areas: Real Estate Brokerage and Corporate & Other. The company's core activity centers on residential real estate brokerage. It maintains a significant footprint with approximately 100 offices and a robust team of around 6,500 real estate agents. These operations span the New York metropolitan region and extend across key states such as Florida, California, Connecticut, Massachusetts, Colorado, New Jersey, and Texas. Founded in 1911, Douglas Elliman Inc. is headquartered in Miami, Florida. Notably, it has operated as an entity independent of Vector Group Ltd. since December 29, 2021.
Douglas Elliman Inc. Reports Second Quarter 2026 Financial Results
Douglas Elliman reported Q2 revenue of $283.4 million, up 4.5% year-over-year, while the net loss narrowed significantly to $2.7 million from $22.7 million in the prior year.
Gross transaction value increased 5.9% to $10.8 billion, and the company maintained a strong balance sheet with $105.2 million in cash and no long-term debt.
Strategic initiatives advanced during the quarter, including the launch of an AI transformation, the introduction of the intelligence business Elius, and the expansion of Elliman Capital into California and Texas.