Filing Flows › Douglas Elliman (DOUG) › Q2 2026
Douglas Elliman (DOUG) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 10, 2026
Douglas Elliman (DOUG) reported revenue of $283M for the second quarter 2026 (Q2 2026), +4% from a year earlier and +32% from the quarter before. Operating margin was -1.2%, net loss $2.7M (1.0% of revenue).
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 follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $283M | +32% | +4% |
| Operating profit | −$3.4M | — | — |
| Net earnings | −$2.7M | — | — |
| Operating cash flow | $11.6M | — | 18× |
| Free cash flow | $10.9M | — | — |
What changed
Revenue was $283.4M in Q2 2026, up 4% year over year and up 32% from the previous quarter. Commission and other brokerage income - existing home sales was the largest line at 92% of revenue. Commission and other brokerage income - existing home sales added $18.0M year over year (up 7%), 149% of the total change.
Operating costs exceeded revenue by $3.4M, an operating margin of -1.2%. Total costs grew 4% against revenue growth of 4%. The quarter ended with a net loss of $2.7M, narrower than the previous quarter's $16.3M loss. Non-operating items added $691K, -25% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was $11.6M (up 1705% year over year). Non-cash charges added back $2.0M of depreciation and amortization and $1.7M of share-based compensation. Working capital and other items added $10.7M. Capital expenditures of $684K left free cash flow of $10.9M.
Questions
What was Douglas Elliman's revenue in the second quarter 2026?
Douglas Elliman (DOUG) reported revenue of $283M for the second quarter 2026 (Q2 2026), +4% from a year earlier and +32% from the quarter before.
Was Douglas Elliman profitable in the second quarter 2026?
Operating loss was $3.4M (-1.2% of revenue) and net loss $2.7M.
Source: Douglas Elliman 10-Q on SEC EDGAR.