Filing Flows › Douglas Elliman (DOUG) › Q2 2026 › vs Q2 2025
Douglas Elliman (DOUG) Q2 2026 vs Q2 2025 (year over year)
Douglas Elliman's revenue rose $12.1M (+4%) from $271M in Q2 2025 to $283M in Q2 2026. The biggest changes: Commissions and other brokerage income +$22.2M (+9%); Other ancillary services +$361K (+13%).
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 Q2 2025, the increases inside each band.
Margins
| Q2 2026 | Q2 2025 | Change | |
|---|---|---|---|
| Free cash flow margin | 3.9% | -0.2% | +4.1 pts |
Every line
| Line | Q2 2026 | Q2 2025 | Change | % |
|---|---|---|---|---|
| Commission and other brokerage income - existing home sales | $262M | $244M | $18.0M | +7% |
| Commission and other brokerage income - development marketing | $18.4M | $14.3M | $4.2M | +29% |
| Commissions and other brokerage income | $280M | $258M | $22.2M | +9% |
| Other ancillary services | $3.2M | $2.9M | $361K | +13% |
| Revenue | $283M | $271M | $12.1M | +4% |
| Net loss | $2.7M | $22.6M | −$19.9M | -88% |
| Costs & expenses | $287M | $294M | −$7.1M | -2% |
| Operating costs | $287M | $277M | $10.0M | +4% |
| Sales & marketing | $19.7M | $20.1M | −$338K | -2% |
| General & admin | $17.8M | $26.2M | −$8.4M | -32% |
| Other operating costs | $249M | $231M | $18.7M | +8% |
| Operating cash sources | $14.3M | $23.3M | −$8.9M | -38% |
| Depreciation & amortization | $2.0M | $2.2M | −$230K | -10% |
| Share-based compensation | $1.7M | $2.1M | −$470K | -22% |
| Working capital & other | $10.7M | $18.9M | −$8.2M | -43% |
| Net loss absorbed | $2.7M | $22.6M | −$19.9M | -88% |
| Operating cash flow | $11.6M | $643K | $11.0M | 18× |
| Free cash flow (OCF − capex) | $10.9M | −$574K | $11.5M | — |
| Capital expenditures | $684K | $1.2M | −$533K | -44% |
Questions
How much did Douglas Elliman's revenue grow year over year in Q2 2026?
Douglas Elliman's revenue rose $12.1M (+4%) from $271M in Q2 2025 to $283M in Q2 2026.
What drove Douglas Elliman's revenue change in Q2 2026?
Commissions and other brokerage income +$22.2M (+9%); Other ancillary services +$361K (+13%).