Douglas Elliman Inc. engages in the real estate services and property technology investment business in the United States. It operates in two segments, Real Estate Brokerage, and Corporate and Other. The company conducts residential real estate brokerage operations. It has approximately 100 offices with approximately 6,500 real estate agents in the New York metropolitan areas, as well as in Florida, California, Connecticut, Massachusetts, Colorado, New Jersey, and Texas. Douglas Elliman Inc. was founded in 1911 and is headquartered in Miami, Florida. Douglas Elliman Inc.(NYSE:DOUG) operates independently of Vector Group Ltd. as of 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.