Filing Flows › Douglas Elliman (DOUG) › Q2 2026 › vs Q1 2026
Douglas Elliman (DOUG) Q2 2026 vs Q1 2026 (quarter over quarter)
Douglas Elliman's revenue rose $69.1M (+32%) from $214M in Q1 2026 to $283M in Q2 2026. The biggest changes: Commissions and other brokerage income +$68.3M (+32%); Other ancillary services +$794K (+32%).
Douglas Elliman, Q2 2026: revenue $283M (+4% year over year), operating margin -1.2%, net loss $2.7M, operating cash flow $11.6M. The chart draws each line against Q1 2026, the increases inside each band.
Margins
| Q2 2026 | Q1 2026 | Change | |
|---|---|---|---|
| Free cash flow margin | 3.9% | -9.1% | +13.0 pts |
Every line
| Line | Q2 2026 | Q1 2026 | Change | % |
|---|---|---|---|---|
| Commission and other brokerage income - existing home sales | $262M | $198M | $63.9M | +32% |
| Commission and other brokerage income - development marketing | $18.4M | $14.0M | $4.4M | +32% |
| Commissions and other brokerage income | $280M | $212M | $68.3M | +32% |
| Other ancillary services | $3.2M | $2.5M | $794K | +32% |
| Revenue | $283M | $214M | $69.1M | +32% |
| Net loss | $2.7M | $16.3M | −$13.5M | -83% |
| Costs & expenses | $287M | $232M | $55.0M | +24% |
| Operating costs | $287M | $232M | $55.0M | +24% |
| Sales & marketing | $19.7M | $17.7M | $2.0M | +11% |
| General & admin | $17.8M | $23.2M | −$5.4M | -23% |
| Other operating costs | $249M | $191M | $58.4M | +31% |
| Operating cash sources | $14.3M | −$3.1M | $17.4M | — |
| Depreciation & amortization | $2.0M | $2.0M | −$10K | -0.5% |
| Share-based compensation | $1.7M | $1.2M | $486K | +42% |
| Working capital & other | $10.7M | −$6.2M | $16.9M | — |
| Net loss absorbed | $2.7M | $16.3M | −$13.5M | -83% |
| Operating cash flow | $11.6M | −$19.3M | $30.9M | — |
| Free cash flow (OCF − capex) | $10.9M | −$19.6M | $30.5M | — |
| Capital expenditures | $684K | $259K | $425K | +164% |
Questions
How much did Douglas Elliman's revenue grow quarter over quarter in Q2 2026?
Douglas Elliman's revenue rose $69.1M (+32%) from $214M in Q1 2026 to $283M in Q2 2026.
What drove Douglas Elliman's revenue change in Q2 2026?
Commissions and other brokerage income +$68.3M (+32%); Other ancillary services +$794K (+32%).