Filing Flows › Douglas Elliman (DOUG) › Q1 2026 › vs Q1 2025
Douglas Elliman (DOUG) Q1 2026 vs Q1 2025 (year over year)
Douglas Elliman's revenue fell $39.1M (-15%) from $253M in Q1 2025 to $214M in Q1 2026. The biggest changes: Commissions and other brokerage income −$29.3M (-12%); Other ancillary services −$316K (-11%).
Douglas Elliman, Q1 2026: revenue $214M (-15% year over year), operating margin -8.2%, net loss $16.3M, operating cash flow −$19.3M. The chart draws each line against Q1 2025, the increases inside each band.
Every line
| Line | Q1 2026 | Q1 2025 | Change | % |
|---|---|---|---|---|
| Commission and other brokerage income - existing home sales | $198M | $220M | −$22.1M | -10% |
| Commission and other brokerage income - development marketing | $14.0M | $21.1M | −$7.1M | -34% |
| Commissions and other brokerage income | $212M | $241M | −$29.3M | -12% |
| Other ancillary services | $2.5M | $2.8M | −$316K | -11% |
| Revenue | $214M | $253M | −$39.1M | -15% |
| Other income, net | $1.2M | −$935K | $2.2M | — |
| Net loss | $16.3M | $6.3M | $10.0M | +159% |
| Costs & expenses | $232M | $260M | −$27.8M | -11% |
| Operating costs | $232M | $259M | −$26.9M | -10% |
| Sales & marketing | $17.7M | $19.7M | −$2.0M | -10% |
| General & admin | $23.2M | $27.3M | −$4.1M | -15% |
| Other operating costs | $191M | $212M | −$20.8M | -10% |
| Operating cash sources | $22.5M | $9.6M | $13.0M | +136% |
| Depreciation & amortization | $2.0M | $1.9M | $99K | +5% |
| Share-based compensation | $1.2M | $2.0M | −$867K | -43% |
| Cash used in operations | $19.3M | $5.6M | $13.7M | +244% |
| Net loss absorbed | $16.3M | $6.3M | $10.0M | +159% |
| Working capital & other | $6.2M | $3.3M | $3.0M | +91% |
Questions
How much did Douglas Elliman's revenue grow year over year in Q1 2026?
Douglas Elliman's revenue fell $39.1M (-15%) from $253M in Q1 2025 to $214M in Q1 2026.
What drove Douglas Elliman's revenue change in Q1 2026?
Commissions and other brokerage income −$29.3M (-12%); Other ancillary services −$316K (-11%).