{"id":992096,"date":"2026-08-07T07:04:08","date_gmt":"2026-08-07T11:04:08","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/douglas-elliman-inc-reports-second-quarter-2026-financial-results\/"},"modified":"2026-08-07T07:04:08","modified_gmt":"2026-08-07T11:04:08","slug":"douglas-elliman-inc-reports-second-quarter-2026-financial-results","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/douglas-elliman-inc-reports-second-quarter-2026-financial-results\/","title":{"rendered":"Douglas Elliman Inc. Reports Second Quarter 2026 Financial Results"},"content":{"rendered":"

<\/p>\n

Douglas Elliman Inc. Reports Second Quarter 2026 Financial Results<\/b><\/p>\n

Second Quarter Revenues up 4.5% Year over Year (8.6% YoY on Comparable Basis); Operating Loss Narrows to $3.4M; Net Loss Narrows to $2.7M<\/i><\/p>\n

Second Quarter Gross Transaction Value up 5.9% YoY to $10.8B; Adjusted EBITDA Loss Narrows to $1.0M from $3.6M<\/i><\/p>\n

Cash of $105.2M and No Long-Term Debt as of June 30, 2026; Development Marketing Pipeline of $26.1B<\/i><\/p>\n

Launches AI Transformation including Development of Proprietary Real Estate Intelligence Business<\/i><\/p>\n

French Network Grows to 15 Offices with Opening of Paris Office<\/i><\/p>\n

Elliman Capital Expands to California and Texas<\/i><\/p>\n

MIAMI–(BUSINESS WIRE<\/a>)–
\nDouglas Elliman Inc. (\u201cDouglas Elliman\u201d or the \u201cCompany\u201d) (NYSE: DOUG), the parent company of Douglas Elliman Realty, one of the nation’s premier luxury residential real estate brokerages, today announced financial results for the three and six months ended June 30, 2026.<\/p>\n

CEO STATEMENT
\n
<\/b>\u201cOur second quarter top and bottom-line results reflect strong and building momentum: revenue grew 8.6% year over year on a comparable basis and cash receipts from existing home sales were up 15% and 16% in May and June, respectively, compared to the prior year periods,\u201d said Michael S. Liebowitz, President and Chief Executive Officer of Douglas Elliman Inc. “With no long-term debt and more than $100 million in cash, we are operating from a position of financial strength. We made excellent progress during the quarter on the strategic initiatives that will define Douglas Elliman’s future \u2014 technology, talent, capital, and geography. Through our AI transformation we are actively seeking to reshape our cost structure with a dedicated AI team already on the ground. We believe this transformation will be a meaningful driver of margin improvement over time. Our team is energized and laser-focused on creating value for all of our stakeholders.\u201d<\/p>\n

Q2 2026 FINANCIAL HIGHLIGHTS<\/b><\/p>\n

Three months ended June 30, 2026<\/i><\/p>\n

\nSecond quarter 2026 revenues were $283.4 million, compared to revenues of $271.4 million in the second quarter of 2025. The Company disposed of its property management business in October 2025 and, excluding property management revenues, revenues were $260.9 million in the second quarter of 2025. The Company recorded an operating loss of $3.4 million in the second quarter of 2026, compared to an operating loss of $5.5 million in the second quarter of 2025. Net loss attributed to Douglas Elliman Inc. in the second quarter of 2026 was $2.7 million, or $0.03 per diluted common share, compared to $22.7 million, or $0.27 per diluted common share, in the second quarter of 2025.<\/p>\n

Six months ended June 30, 2026<\/i><\/p>\n

\nFor the six months ended June 30, 2026, revenues were $497.8 million, compared to revenues of $524.8 million for the six months ended June 30, 2025. Excluding property management revenues, revenues were $504.8 million for the six months ended June 30, 2025. Although the Company had a strong revenue performance in the second quarter of 2026, the year-over-year comparison of revenues was also impacted by a difficult comparable due to an unusually strong first quarter of 2025. The Company recorded an operating loss of $20.9 million for the six months ended June 30, 2026, compared to an operating loss of $10.9 million for the six months ended June 30, 2025. Net loss attributed to Douglas Elliman Inc. for the six months ended June 30, 2026 was $19.0 million, or $0.22 per diluted common share, compared to $28.7 million, or $0.34 per diluted common share, for the six months ended June 30, 2025.<\/p>\n

NON-GAAP FINANCIAL MEASURES<\/b><\/p>\n

\nReconciliations of non-GAAP financial measures to the most directly comparable GAAP financial results for the three and six months ended June 30, 2026 and 2025 are included in Tables 2 and 3, and for the last twelve months (\u201cLTM\u201d) ended June 30, 2026 and year ended December 31, 2025 are included in Table 2.<\/p>\n

Three months ended June 30, 2026 compared to the three months ended June 30, 2025<\/i><\/p>\n

\nAdjusted EBITDA attributed to Douglas Elliman Inc. (as described in Table 2 attached hereto) was a loss of $1.0 million for the second quarter of 2026, compared to a loss of $3.6 million for the second quarter of 2025.<\/p>\n

\nAdjusted Net Loss attributed to Douglas Elliman Inc. (as described in Table 3 attached hereto) was $3.9 million or $0.05 per diluted share, for the second quarter of 2026, compared to $7.3 million or $0.09 per diluted share, for the second quarter of 2025.<\/p>\n

Six months ended June 30, 2026 compared to the six months ended June 30, 2025<\/i><\/p>\n

\nAdjusted EBITDA attributed to Douglas Elliman Inc. (as described in Table 2 attached hereto) was a loss of $11.4 million for the six months ended June 30, 2026, compared to a loss of $4.5 million for the six months ended June 30, 2025.<\/p>\n

\nAdjusted Net Loss attributed to Douglas Elliman Inc. (as described in Table 3 attached hereto) was $16.3 million or $0.19 per diluted share, for the six months ended June 30, 2026, compared to $11.6 million or $0.14 per diluted share, for the six months ended June 30, 2025.<\/p>\n

GROSS TRANSACTION VALUE<\/b><\/p>\n

\nFor the second quarter of 2026, the Company achieved gross transaction value of approximately $10.8 billion with an average price per transaction of $1.86 million. For the second quarter of 2025, the Company achieved gross transaction value of approximately $10.2 billion with an average price per transaction of $1.84 million.<\/p>\n

\nFor the six months ended June 30, 2026, the Company achieved gross transaction value of approximately $19.4 billion with an average price per transaction of $1.90 million. For the six months ended June 30, 2025, the Company achieved gross transaction value of approximately $20.1 billion with an average price per transaction of $1.92 million.<\/p>\n

BALANCE SHEET AND CAPITAL POSITION<\/b><\/p>\n

\nDouglas Elliman maintained a robust balance sheet as of June 30, 2026, with cash and cash equivalents of approximately $105.2 million and no long-term debt. This financial profile affords the Company significant strategic flexibility to pursue organic growth, accretive talent acquisition, technology investment, and opportunistic market expansion initiatives.<\/p>\n

OUTLOOK<\/b><\/p>\n

\nThe Company enters the second half of 2026 with a strengthened foundation: a strong capital position, a development marketing pipeline of approximately $26.1 billion (including $18.9 billion in Florida alone) with another $9.7 billion scheduled to come to market through September 30, 2027 and an AI transformation that is underway and that is expected to gradually lead to significant savings in non-commission operating expenses over the next three years.<\/p>\n

\nDouglas Elliman remains focused on maintaining leadership in luxury residential real estate through superior agent talent, global market presence, and a brand that commands the industry’s highest average sales price. Management is executing against this objective with discipline and believes the platform is now well positioned to deliver long-term stockholder value.<\/p>\n

STRATEGIC GROWTH INITIATIVES<\/b><\/p>\n

\nDouglas Elliman sees opportunities to extend the Company’s luxury leadership and accelerate long-term stockholder value creation.<\/p>\n

Technology and AI Investment<\/i><\/p>\n

\nDouglas Elliman recently announced the launch of a company-wide technology infrastructure transformation to support its evolution into a technology-forward real estate brokerage. The effort is designed to fundamentally change how Douglas Elliman operates to improve efficiency, enhance the agent advisor and client experience, and reshape its long-term cost structure.<\/p>\n

\nConcurrently, the Company is launching Elius, a newly formed intelligence company positioned to build proprietary real estate intelligence capabilities beyond traditional brokerage. Elius is designed to power a new generation of intelligent real estate experiences, products, and services that move beyond today’s search and portal-based models by anticipating opportunities, surfacing insights earlier, and delivering guidance that today’s static platforms cannot.<\/p>\n

\nThe transformation follows two parallel tracks to reset Douglas Elliman’s non-commission-based cost structure across business units while building a proprietary intelligence business under the name Elius. Both tracks are enabled by Google Cloud technology, including its AI models and enterprise infrastructure, which the Company has selected to power its transformation.<\/p>\n

Footprint Expansion and Talent Recruitment<\/i><\/p>\n

\nSince 2025, Douglas Elliman entered new international markets in Canada, France, Monaco, and the Caribbean, extending the Company’s geographic reach to serve affluent and ultra-high-net-worth clients across the world’s most coveted luxury real estate destinations. Most recently, in June, the Company expanded into Paris, bringing its French network to fifteen offices across France, Monaco, and Saint-Barth\u00e9lemy.<\/p>\n

\nIn addition, Douglas Elliman continues to extend its domestic footprint across several luxury markets. In the second quarter, the Company expanded into New Hampshire and opened a new Georgetown office \u2014 its fourth in the Mid-Atlantic region. The Company also added high level agents in key markets during the quarter and continues to have a strong recruiting pipeline.<\/p>\n

Elliman Capital<\/i><\/p>\n

\nElliman Capital continued to expand in the second quarter. In May, the Company launched in California through a strategic relationship with Mark Cohen and Cohen Financial Group, bringing a full suite of lending solutions to agents and clients across Greater Los Angeles. In July, the platform extended into Texas, with dedicated loan officers serving agents across Dallas-Fort Worth, Houston, and Austin.<\/p>\n

Conference Call to Discuss Second Quarter 2026 Results<\/b><\/p>\n

\nAs previously announced, the Company will host a conference call and webcast to discuss its second quarter 2026 results on Friday, August 7, 2026 at 8:00 a.m. (ET).<\/p>\n

\nInvestors may access the call via live webcast at https:\/\/join.eventcastplus.com\/eventcastplus\/douglas-elliman-second-quarter-earnings-call<\/a>. Please join the webcast at least 10 minutes prior to the start time.<\/p>\n

\nA replay of the call will be available shortly after the call ends on August 7, 2026 through August 21, 2026 at https:\/\/join.eventcastplus.com\/eventcastplus\/douglas-elliman-second-quarter-earnings-call<\/a>.<\/p>\n

NON-GAAP FINANCIAL MEASURES<\/b><\/p>\n

\nAdjusted EBITDA attributed to Douglas Elliman Inc., Adjusted Net Loss attributed to Douglas Elliman Inc. and financial measures for the last twelve months (\u201cLTM\u201d) ended June 30, 2026 (referred to as the \u201cNon-GAAP Financial Measures\u201d) are financial measures not prepared in accordance with generally accepted accounting principles (\u201cGAAP\u201d). The Company believes that the Non-GAAP Financial Measures are important measures that supplement discussion and analysis of its results of operations and enhance an understanding of its operating performance.<\/p>\n

\nThe Company believes the Non-GAAP Financial Measures provide investors and analysts with a useful measure of operating results unaffected by differences in capital structures and ages of related assets among otherwise comparable companies.<\/p>\n

\nManagement uses the Non-GAAP Financial Measures as measures to review and assess the operating performance of the Company\u2019s business, and management does, and investors should review both the overall performance (GAAP net income (loss)) and the operating performance (the Non-GAAP Financial Measures) of the Company\u2019s business. While management considers the Non-GAAP Financial Measures to be important, they should be considered in addition to, but not as substitutes for or superior to, other measures of financial performance prepared in accordance with GAAP, such as operating income (loss), net income (loss) and cash flows from operations. In addition, the Non-GAAP Financial Measures are susceptible to varying calculations and the Company\u2019s measurement of the Non-GAAP Financial Measures may not be comparable to those of other companies. Attached hereto as Tables 2 and 3 is information relating to the Company\u2019s Non-GAAP Financial Measures for the three and six months ended June 30, 2026 and 2025, the LTM ended June 30, 2026 and the year ended December 31, 2025.<\/p>\n

About Douglas Elliman Inc.<\/b><\/p>\n

\nDouglas Elliman Inc. (NYSE: DOUG, \u201cDouglas Elliman\u201d) owns Douglas Elliman Realty, LLC, which is one of the largest residential brokerage companies in the United States with operations in New York City, Long Island, the Hamptons, Westchester, Connecticut, New Jersey, Massachusetts, New Hampshire, Florida, California, Texas, Colorado, Nevada, Maryland, Virginia, and Washington, D.C. In addition, Douglas Elliman provides other real estate services, including development marketing, mortgage as well as settlement and escrow services in select markets, and uses as well as invests in early-stage, disruptive property technology solutions and companies. Additional information concerning Douglas Elliman is available on its website, investors.elliman.com.<\/p>\n

\nInvestors and others should note that we may post information about Douglas Elliman on our website at investors.elliman.com or, if applicable, on our accounts on Facebook, Instagram, LinkedIn, TikTok, X, YouTube or other social media platforms. It is possible that the postings or releases could include information deemed to be material information. Therefore, we encourage investors, the media and others interested in Douglas Elliman to review the information we post on our website at investors.elliman.com<\/a> and on our social media accounts.<\/p>\n

Forward-Looking and Cautionary Statements<\/b><\/p>\n

This press release includes forward-looking statements within the meaning of the federal securities law. All statements other than statements of historical or current facts made in this press release are forward-looking. We identify forward-looking statements in this press release by using words or phrases such as \u201canticipate,\u201d \u201cbelieve,\u201d \u201cestimate,\u201d \u201cexpect,\u201d \u201cintend,\u201d \u201cmay be,\u201d \u201ccontinue\u201d \u201ccould,\u201d \u201cpotential,\u201d \u201cobjective,\u201d \u201cplan,\u201d \u201cseek,\u201d \u201cpredict,\u201d \u201cproject\u201d and \u201cwill be\u201d and similar words or phrases or their negatives. Forward-looking statements reflect our current expectations and are inherently uncertain. Actual results could differ materially for a variety of reasons.<\/i><\/p>\n

Risks and uncertainties that could cause our actual results to differ significantly from our current expectations are described in our Annual Report on Form 10-K for the year ended December 31, 2025 and, when filed, our Quarterly Reports on Form 10-Q filed thereafter. We undertake no responsibility to publicly update or revise any forward-looking statement except as required by applicable law.<\/i><\/p>\n

\n[Financial Tables Follow]<\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
\n

TABLE 1<\/b><\/p>\n

DOUGLAS ELLIMAN INC. AND SUBSIDIARIES<\/b><\/p>\n

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS<\/b><\/p>\n

(Unaudited)<\/b><\/p>\n

(Dollars in Thousands, Except Per Share Amounts<\/span>)<\/b><\/p>\n<\/td>\n<\/tr>\n

\n\n\n\u00a0<\/td>\n<\/tr>\n
\n

\n\u00a0<\/p>\n<\/td>\n

\n

\nThree Months Ended<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\nSix Months Ended<\/p>\n<\/td>\n<\/tr>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\nJune 30,<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\nJune 30,<\/p>\n<\/td>\n<\/tr>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n2026<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n2025<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n2026<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n2025<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n<\/tr>\n

\n

\nRevenues:<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n<\/tr>\n

\n

\nCommissions and other brokerage income<\/p>\n<\/td>\n

\n

\n$<\/p>\n<\/td>\n

\n

\n280,203<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n$<\/p>\n<\/td>\n

\n

\n258,016<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n$<\/p>\n<\/td>\n

\n

\n492,084<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n$<\/p>\n<\/td>\n

\n

\n499,159<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n<\/tr>\n

\n

\nProperty management<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u2014<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n10,465<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u2014<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n19,957<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n<\/tr>\n

\n

\nOther ancillary services<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n3,246<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n2,885<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n5,698<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n5,653<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n<\/tr>\n

\n

\nTotal revenues<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n283,449<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n271,366<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n497,782<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n524,769<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n<\/tr>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n<\/tr>\n

\n

\nExpenses:<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n<\/tr>\n

\n

\nReal estate agent commissions<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n224,259<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n204,594<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n391,650<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n391,119<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n<\/tr>\n

\n

\nSales and marketing<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n19,731<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n20,069<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n37,468<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n39,808<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n<\/tr>\n

\n

\nOperations and support<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n17,771<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n17,775<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n34,011<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n35,503<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n<\/tr>\n

\n

\nGeneral and administrative<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n17,795<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n26,177<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n38,946<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n53,502<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n<\/tr>\n

\n

\nTechnology<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n5,591<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n5,766<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n10,829<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n11,301<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n<\/tr>\n

\n

\nDepreciation and amortization<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n1,989<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n2,219<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n3,988<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n4,119<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n<\/tr>\n

\n

\nAntitrust litigation settlement expense (a)<\/sup><\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u2014<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u2014<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n2,041<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u2014<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n<\/tr>\n

\n

\nRestructuring<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n146<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n298<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n193<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n298<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n<\/tr>\n

\n

\nGain on disposal of business<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n(408<\/p>\n<\/td>\n

\n

\n)<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u2014<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n(408<\/p>\n<\/td>\n

\n

\n)<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u2014<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n<\/tr>\n

\n

\nOperating loss<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n(3,425<\/p>\n<\/td>\n

\n

\n)<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n(5,532<\/p>\n<\/td>\n

\n

\n)<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n(20,936<\/p>\n<\/td>\n

\n

\n)<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n(10,881<\/p>\n<\/td>\n

\n

\n)<\/p>\n<\/td>\n<\/tr>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n<\/tr>\n

\n

\nOther income (expenses):<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n<\/tr>\n

\n

\nInterest expense<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n(2<\/p>\n<\/td>\n

\n

\n)<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n(1,545<\/p>\n<\/td>\n

\n

\n)<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n(5<\/p>\n<\/td>\n

\n

\n)<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n(3,075<\/p>\n<\/td>\n

\n

\n)<\/p>\n<\/td>\n<\/tr>\n

\n

\nInterest income<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n719<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n1,259<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n1,609<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n2,620<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n<\/tr>\n

\n

\nEquity in (losses) earnings from equity-method investments<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n(9<\/p>\n<\/td>\n

\n

\n)<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n199<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n379<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n201<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n<\/tr>\n

\n

\nChange in fair value of the derivative embedded within convertible debt<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u2014<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n(16,969<\/p>\n<\/td>\n

\n

\n)<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u2014<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n(17,715<\/p>\n<\/td>\n

\n

\n)<\/p>\n<\/td>\n<\/tr>\n

\n

\nInvestment and other losses<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n(17<\/p>\n<\/td>\n

\n

\n)<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n(37<\/p>\n<\/td>\n

\n

\n)<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n(57<\/p>\n<\/td>\n

\n

\n)<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n(59<\/p>\n<\/td>\n

\n

\n)<\/p>\n<\/td>\n<\/tr>\n

\n

\nLoss before provision for income taxes<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n(2,734<\/p>\n<\/td>\n

\n

\n)<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n(22,625<\/p>\n<\/td>\n

\n

\n)<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n(19,010<\/p>\n<\/td>\n

\n

\n)<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n(28,909<\/p>\n<\/td>\n

\n

\n)<\/p>\n<\/td>\n<\/tr>\n

\n

\nIncome tax expense<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u2014<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u2014<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u2014<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u2014<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n<\/tr>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n<\/tr>\n

\n

\nNet loss<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n(2,734<\/p>\n<\/td>\n

\n

\n)<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n(22,625<\/p>\n<\/td>\n

\n

\n)<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n(19,010<\/p>\n<\/td>\n

\n

\n)<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n(28,909<\/p>\n<\/td>\n

\n

\n)<\/p>\n<\/td>\n<\/tr>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n<\/tr>\n

\n

\nNet (income) loss attributed to non-controlling interest<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u2014<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n(48<\/p>\n<\/td>\n

\n

\n)<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u2014<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n251<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n<\/tr>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n<\/tr>\n

\n

\nNet loss attributed to Douglas Elliman Inc.<\/p>\n<\/td>\n

\n

\n$<\/p>\n<\/td>\n

\n

\n(2,734<\/p>\n<\/td>\n

\n

\n)<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n$<\/p>\n<\/td>\n

\n

\n(22,673<\/p>\n<\/td>\n

\n

\n)<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n$<\/p>\n<\/td>\n

\n

\n(19,010<\/p>\n<\/td>\n

\n

\n)<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n$<\/p>\n<\/td>\n

\n

\n(28,658<\/p>\n<\/td>\n

\n

\n)<\/p>\n<\/td>\n<\/tr>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n<\/tr>\n

\n

\nPer basic common share:<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n<\/tr>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n<\/tr>\n

\n

\nNet loss applicable to common shares attributed to Douglas Elliman Inc.<\/p>\n<\/td>\n

\n

\n$<\/p>\n<\/td>\n

\n

\n(0.03<\/p>\n<\/td>\n

\n

\n)<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n$<\/p>\n<\/td>\n

\n

\n(0.27<\/p>\n<\/td>\n

\n

\n)<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n$<\/p>\n<\/td>\n

\n

\n(0.22<\/p>\n<\/td>\n

\n

\n)<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n$<\/p>\n<\/td>\n

\n

\n(0.34<\/p>\n<\/td>\n

\n

\n)<\/p>\n<\/td>\n<\/tr>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n<\/tr>\n

\n

\nPer diluted common share:<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n<\/tr>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n<\/tr>\n

\n

\nNet loss applicable to common shares attributed to Douglas Elliman Inc.<\/p>\n<\/td>\n

\n

\n$<\/p>\n<\/td>\n

\n

\n(0.03<\/p>\n<\/td>\n

\n

\n)<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n$<\/p>\n<\/td>\n

\n

\n(0.27<\/p>\n<\/td>\n

\n

\n)<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n$<\/p>\n<\/td>\n

\n

\n(0.22<\/p>\n<\/td>\n

\n

\n)<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n$<\/p>\n<\/td>\n

\n

\n(0.34<\/p>\n<\/td>\n

\n

\n)<\/p>\n<\/td>\n<\/tr>\n

\n

\n\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<\/span><\/p>\n<\/td>\n<\/tr>\n

\n
    \n
  1. \nRepresents an expense of $2,041 associated with an antitrust lawsuit settlement which was recorded during the three months ended March 31, 2026 and included in the \u201cGeneral and Administrative\u201d category on the condensed consolidated statement of operations in for the period ended March 31, 2026. For the six months ended June 30, 2026, the Company has reclassified such expense as \u201cAntitrust litigation settlement expense.\u201d<\/p>\n<\/li>\n<\/ol>\n<\/td>\n<\/tr>\n<\/table>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
    \n

    TABLE 2<\/b><\/p>\n

    DOUGLAS ELLIMAN INC. AND SUBSIDIARIES<\/b><\/p>\n

    RECONCILIATION OF ADJUSTED EBITDA<\/b><\/p>\n

    (Unaudited)<\/b><\/p>\n

    (Dollars in Thousands<\/span>)<\/b><\/p>\n<\/td>\n<\/tr>\n

    \n\n\n\n\n\n\n\u00a0<\/td>\n<\/tr>\n
    \n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \nLTM<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \nYear Ended<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \nThree Months Ended<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \nSix Months Ended<\/p>\n<\/td>\n<\/tr>\n

    \n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \nJune 30,<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \nDecember 31,<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \nJune 30,<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \nJune 30,<\/p>\n<\/td>\n<\/tr>\n

    \n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n2026<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n2025<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n2026<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n2025<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n2026<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n2025<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n<\/tr>\n

    \n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n<\/tr>\n

    \n

    \nNet income (loss) attributed to Douglas Elliman Inc.<\/p>\n<\/td>\n

    		\n

    \n$<\/p>\n<\/td>\n

    		\n

    \n24,867<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n$<\/p>\n<\/td>\n

    		\n

    \n15,219<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n$<\/p>\n<\/td>\n

    		\n

    \n(2,734<\/p>\n<\/td>\n

    		\n

    \n)<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n$<\/p>\n<\/td>\n

    		\n

    \n(22,673<\/p>\n<\/td>\n

    		\n

    \n)<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n$<\/p>\n<\/td>\n

    		\n

    \n(19,010<\/p>\n<\/td>\n

    		\n

    \n)<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n$<\/p>\n<\/td>\n

    		\n

    \n(28,658<\/p>\n<\/td>\n

    		\n

    \n)<\/p>\n<\/td>\n<\/tr>\n

    \n

    \nInterest expense<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n1,999<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n5,069<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n2<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n1,545<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n5<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n3,075<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n<\/tr>\n

    \n

    \nInterest income<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n(3,889<\/p>\n<\/td>\n

    		\n

    \n)<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n(4,900<\/p>\n<\/td>\n

    		\n

    \n)<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n(719<\/p>\n<\/td>\n

    		\n

    \n)<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n(1,259<\/p>\n<\/td>\n

    		\n

    \n)<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n(1,609<\/p>\n<\/td>\n

    		\n

    \n)<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n(2,620<\/p>\n<\/td>\n

    		\n

    \n)<\/p>\n<\/td>\n<\/tr>\n

    \n

    \nIncome tax expense<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n3,560<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n3,560<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u2014<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u2014<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u2014<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u2014<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n<\/tr>\n

    \n

    \nNet (loss) income attributed to non-controlling interest<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n(658<\/p>\n<\/td>\n

    		\n

    \n)<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n(909<\/p>\n<\/td>\n

    		\n

    \n)<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u2014<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n48<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u2014<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n(251<\/p>\n<\/td>\n

    		\n

    \n)<\/p>\n<\/td>\n<\/tr>\n

    \n

    \nDepreciation and amortization<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n8,246<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n8,377<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n1,989<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n2,219<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n3,988<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n4,119<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n<\/tr>\n

    \n

    \nEBITDA<\/p>\n<\/td>\n

    		\n

    \n$<\/p>\n<\/td>\n

    		\n

    \n34,125<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n$<\/p>\n<\/td>\n

    		\n

    \n26,416<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n$<\/p>\n<\/td>\n

    		\n

    \n(1,462<\/p>\n<\/td>\n

    		\n

    \n)<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n$<\/p>\n<\/td>\n

    		\n

    \n(20,120<\/p>\n<\/td>\n

    		\n

    \n)<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n$<\/p>\n<\/td>\n

    		\n

    \n(16,626<\/p>\n<\/td>\n

    		\n

    \n)<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n$<\/p>\n<\/td>\n

    		\n

    \n(24,335<\/p>\n<\/td>\n

    		\n

    \n)<\/p>\n<\/td>\n<\/tr>\n

    \n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n<\/tr>\n

    \n

    \nResults from operations of disposed business (a)<\/sup><\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n(1,897<\/p>\n<\/td>\n

    		\n

    \n)<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n(6,621<\/p>\n<\/td>\n

    		\n

    \n)<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u2014<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n(2,709<\/p>\n<\/td>\n

    		\n

    \n)<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u2014<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n(4,724<\/p>\n<\/td>\n

    		\n

    \n)<\/p>\n<\/td>\n<\/tr>\n

    \n

    \nGain on disposal of business<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n(82,063<\/p>\n<\/td>\n

    		\n

    \n)<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n(81,655<\/p>\n<\/td>\n

    		\n

    \n)<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n(408<\/p>\n<\/td>\n

    		\n

    \n)<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u2014<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n(408<\/p>\n<\/td>\n

    		\n

    \n)<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u2014<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n<\/tr>\n

    \n

    \nEquity in (earnings) losses from equity-method investments (b)<\/sup><\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n(365<\/p>\n<\/td>\n

    		\n

    \n)<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n(187<\/p>\n<\/td>\n

    		\n

    \n)<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n9<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n(199<\/p>\n<\/td>\n

    		\n

    \n)<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n(379<\/p>\n<\/td>\n

    		\n

    \n)<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n(201<\/p>\n<\/td>\n

    		\n

    \n)<\/p>\n<\/td>\n<\/tr>\n

    \n

    \nChange in fair value of the derivative embedded within convertible debt<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n10,767<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n28,482<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u2014<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n16,969<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u2014<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n17,715<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n<\/tr>\n

    \n

    \nLoss on extinguishment of liability<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n466<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n466<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u2014<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u2014<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u2014<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u2014<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n<\/tr>\n

    \n

    \nStock-based compensation(c)<\/sup><\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n7,240<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n8,577<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n1,654<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n2,124<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n2,822<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n4,159<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n<\/tr>\n

    \n

    \nLitigation, settlement and related expenses (benefit), net (d)<\/sup><\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n7,588<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n7,637<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n(942<\/p>\n<\/td>\n

    		\n

    \n)<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n1,060<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n2,909<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n2,958<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n<\/tr>\n

    \n

    \nExecutive severance and separation expense (benefit)(e)<\/sup><\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n194<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n(299<\/p>\n<\/td>\n

    		\n

    \n)<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u2014<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n(903<\/p>\n<\/td>\n

    		\n

    \n)<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u2014<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n(493<\/p>\n<\/td>\n

    		\n

    \n)<\/p>\n<\/td>\n<\/tr>\n

    \n

    \nImpairment of fixed assets<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n2,275<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n2,275<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u2014<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u2014<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u2014<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u2014<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n<\/tr>\n

    \n

    \nRestructuring<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n1,531<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n1,636<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n146<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n298<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n193<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n298<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n<\/tr>\n

    \n

    \nInvestment and other (gains) losses<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n(1,320<\/p>\n<\/td>\n

    		\n

    \n)<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n(1,318<\/p>\n<\/td>\n

    		\n

    \n)<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n17<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n37<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n57<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n59<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n<\/tr>\n

    \n

    \nAdjusted EBITDA<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n(21,459<\/p>\n<\/td>\n

    		\n

    \n)<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n(14,591<\/p>\n<\/td>\n

    		\n

    \n)<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n(986<\/p>\n<\/td>\n

    		\n

    \n)<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n(3,443<\/p>\n<\/td>\n

    		\n

    \n)<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n(11,432<\/p>\n<\/td>\n

    		\n

    \n)<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n(4,564<\/p>\n<\/td>\n

    		\n

    \n)<\/p>\n<\/td>\n<\/tr>\n

    \n

    \nAdjusted EBITDA attributed to non-controlling interest<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n502<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n601<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u2014<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n(115<\/p>\n<\/td>\n

    		\n

    \n)<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u2014<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n99<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n<\/tr>\n

    \n

    \nAdjusted EBITDA attributed to Douglas Elliman Inc.<\/p>\n<\/td>\n

    		\n

    \n$<\/p>\n<\/td>\n

    		\n

    \n(20,957<\/p>\n<\/td>\n

    		\n

    \n)<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n$<\/p>\n<\/td>\n

    		\n

    \n(13,990<\/p>\n<\/td>\n

    		\n

    \n)<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n$<\/p>\n<\/td>\n

    		\n

    \n(986<\/p>\n<\/td>\n

    		\n

    \n)<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n$<\/p>\n<\/td>\n

    		\n

    \n(3,558<\/p>\n<\/td>\n

    		\n

    \n)<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n$<\/p>\n<\/td>\n

    		\n

    \n(11,432<\/p>\n<\/td>\n

    		\n

    \n)<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n$<\/p>\n<\/td>\n

    		\n

    \n(4,465<\/p>\n<\/td>\n

    		\n

    \n)<\/p>\n<\/td>\n<\/tr>\n

    \n

    \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<\/span><\/p>\n<\/td>\n<\/tr>\n

    \n

    \na. Represents results from operations of Residential Management Group, LLC, which conducts business as Douglas Elliman Property Management (\u201cDEPM\u201d), which was disposed on October 24, 2025. This adjustment also includes the corporate allocation to Douglas Elliman Realty, LLC (\u201cDER\u201d) from DEPM. The expenses associated with the corporate allocation to DEPM have continued at DER after the disposal.<\/p>\n<\/td>\n<\/tr>\n

    \n

    \nb. Represents equity in (earnings) loss recognized from the Company\u2019s investments in equity method investments that are accounted for under the equity method and are not consolidated in the Company\u2019s financial results.<\/p>\n<\/td>\n<\/tr>\n

    \n

    \nc. Represents amortization of stock-based compensation.<\/p>\n<\/td>\n<\/tr>\n

    \n

    \nd. Represents unusual litigation, settlement and related expenses, net, incurred in connection with industry-wide antitrust class action lawsuits and other matters related to employees and agents. For the year ended December 31, 2025, the Company incurred such expenses of $7,637, net of amounts recovered from insurance, which were included in general and administrative expenses in the consolidated statement of operations. For the three months ended June 30, 2026, the Company incurred a benefit of $942, net of amounts recovered from insurance, which is included in general and administrative expenses in the condensed consolidated statements of operations. For the three months ended June 30, 2025, the Company incurred such expenses of $1,060 which were included in general and administrative expenses in the condensed consolidated statements of operations. For the six months ended June 30, 2026, we incurred such expenses of $2,909, net of amounts recovered from insurance, of which $2,041 is included in Antitrust litigation settlement expense and $868 is included in general and administrative expenses in the condensed consolidated statements of operations. For the six months ended June 30, 2025, we incurred such expenses of $2,958, which were included in general and administrative expenses in the condensed consolidated statements of operations.<\/p>\n<\/td>\n<\/tr>\n

    \n

    \ne. Represents executive severance and separation expenses, net of amounts recovered from insurance. All amounts are included within general and administrative expenses on the condensed consolidated statement of operations.<\/p>\n<\/td>\n<\/tr>\n<\/table>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
    \n

    TABLE 3<\/b><\/p>\n

    DOUGLAS ELLIMAN INC. AND SUBSIDIARIES<\/b><\/p>\n

    RECONCILIATION OF ADJUSTED NET LOSS<\/b><\/p>\n

    (Unaudited)<\/b><\/p>\n

    (Dollars in Thousands, Except Per Share Amounts<\/span>)<\/b><\/p>\n<\/td>\n<\/tr>\n

    \n\n\u00a0<\/td>\n\n\u00a0<\/td>\n<\/tr>\n
    \n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \nThree Months Ended<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \nSix Months Ended<\/p>\n<\/td>\n<\/tr>\n

    \n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \nJune 30,<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \nJune 30,<\/p>\n<\/td>\n<\/tr>\n

    \n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n2026<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n2025<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n2026<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n2025<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n<\/tr>\n

    \n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\u00a0<\/td>\n\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n<\/tr>\n

    \n

    \nNet loss attributed to Douglas Elliman Inc.<\/p>\n<\/td>\n

    		\n

    \n$<\/p>\n<\/td>\n

    		\n

    \n(2,734<\/p>\n<\/td>\n

    		\n

    \n)<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n$<\/p>\n<\/td>\n

    		\n

    \n(22,673<\/p>\n<\/td>\n

    		\n

    \n)<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n$<\/p>\n<\/td>\n

    		\n

    \n(19,010<\/p>\n<\/td>\n

    		\n

    \n)<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n$<\/p>\n<\/td>\n

    		\n

    \n(28,658<\/p>\n<\/td>\n

    		\n

    \n)<\/p>\n<\/td>\n<\/tr>\n

    \n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\u00a0<\/td>\n\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n<\/tr>\n

    \n

    \nResults from operations of disposed business (a)<\/sup><\/p>\n<\/td>\n

    		\n

    \n\u2014<\/p>\n<\/td>\n

    		\u00a0<\/td>\n\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n(2,598<\/p>\n<\/td>\n

    		\n

    \n)<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u2014<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n(4,493<\/p>\n<\/td>\n

    		\n

    \n)<\/p>\n<\/td>\n<\/tr>\n

    \n

    \nGain on disposal of business<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n(408<\/p>\n<\/td>\n

    		\n

    \n)<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u2014<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n(408<\/p>\n<\/td>\n

    		\n

    \n)<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u2014<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n<\/tr>\n

    \n

    \nRestructuring<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n146<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n298<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n193<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n298<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n<\/tr>\n

    \n

    \nChange in fair value of the derivative embedded within convertible debt<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u2014<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n16,969<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u2014<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n17,715<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n<\/tr>\n

    \n

    \nNon-cash amortization of debt discount on convertible debt<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u2014<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n548<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u2014<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n1,082<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n<\/tr>\n

    \n

    \nExecutive severance and separation benefit<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u2014<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n(903<\/p>\n<\/td>\n

    		\n

    \n)<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u2014<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n(493<\/p>\n<\/td>\n

    		\n

    \n)<\/p>\n<\/td>\n<\/tr>\n

    \n

    \nLitigation, settlement and related (benefit) expenses, net<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n(942<\/p>\n<\/td>\n

    		\n

    \n)<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n1,060<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n2,909<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n2,958<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n<\/tr>\n

    \n

    \nTotal adjustments<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n(1,204<\/p>\n<\/td>\n

    		\n

    \n)<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n15,374<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n2,694<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n17,067<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n<\/tr>\n

    \n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\u00a0<\/td>\n\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n<\/tr>\n

    \n

    \nAdjusted net loss attributed to Douglas Elliman Inc.<\/p>\n<\/td>\n

    		\n

    \n$<\/p>\n<\/td>\n

    		\n

    \n(3,938<\/p>\n<\/td>\n

    		\n

    \n)<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n$<\/p>\n<\/td>\n

    		\n

    \n(7,299<\/p>\n<\/td>\n

    		\n

    \n)<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n$<\/p>\n<\/td>\n

    		\n

    \n(16,316<\/p>\n<\/td>\n

    		\n

    \n)<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n$<\/p>\n<\/td>\n

    		\n

    \n(11,591<\/p>\n<\/td>\n

    		\n

    \n)<\/p>\n<\/td>\n<\/tr>\n

    \n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\u00a0<\/td>\n\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n<\/tr>\n

    \n

    \nPer diluted common share:<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\u00a0<\/td>\n\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n<\/tr>\n

    \n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\u00a0<\/td>\n\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n<\/tr>\n

    \n

    \nAdjusted net loss applicable to common shares attributed to Douglas Elliman Inc.<\/p>\n<\/td>\n

    		\n

    \n$<\/p>\n<\/td>\n

    		\n

    \n(0.05<\/p>\n<\/td>\n

    		\n

    \n)<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n$<\/p>\n<\/td>\n

    		\n

    \n(0.09<\/p>\n<\/td>\n

    		\n

    \n)<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n$<\/p>\n<\/td>\n

    		\n

    \n(0.19<\/p>\n<\/td>\n

    		\n

    \n)<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n$<\/p>\n<\/td>\n

    		\n

    \n(0.14<\/p>\n<\/td>\n

    		\n

    \n)<\/p>\n<\/td>\n<\/tr>\n

    \n

    \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<\/span><\/p>\n<\/td>\n<\/tr>\n

    \n

    \na. Represents results from operations of Residential Management Group, LLC, which conducts business as DEPM, which was disposed on October 24, 2025. This adjustment also includes the corporate allocation to DER from DEPM. The expenses associated with the corporate allocation to DEPM have continued at DER after the disposal.<\/p>\n<\/td>\n<\/tr>\n<\/table>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
    \n

    TABLE 4<\/b><\/p>\n

    DOUGLAS ELLIMAN INC. AND SUBSIDIARIES<\/b><\/p>\n

    KEY BUSINESS METRICS<\/b><\/p>\n

    (Unaudited)<\/b><\/p>\n

    (Dollars in Thousands, Except for Gross Transaction Value<\/span>)<\/b><\/p>\n<\/td>\n<\/tr>\n

    \n\n\n\n\n\n\n\u00a0<\/td>\n<\/tr>\n
    \n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \nLTM<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \nYear Ended<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \nThree Months Ended<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \nSix Months Ended<\/p>\n<\/td>\n<\/tr>\n

    \n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \nJune 30,<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \nDecember 31,<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \nJune 30,<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \nJune 30,<\/p>\n<\/td>\n<\/tr>\n

    \n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n2026<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n2025<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n2026<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n2025<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n2026<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n2025<\/p>\n<\/td>\n<\/tr>\n

    \n

    \nRevenues:<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n<\/tr>\n

    \n

    \nCommissions and other brokerage income<\/p>\n<\/td>\n

    		\n

    \n$<\/p>\n<\/td>\n

    		\n

    \n982,767<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n$<\/p>\n<\/td>\n

    		\n

    \n989,842<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n$<\/p>\n<\/td>\n

    		\n

    \n280,203<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n$<\/p>\n<\/td>\n

    		\n

    \n258,016<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n$<\/p>\n<\/td>\n

    		\n

    \n492,084<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n$<\/p>\n<\/td>\n

    		\n

    \n499,159<\/p>\n<\/td>\n<\/tr>\n

    \n

    \nProperty management<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n11,635<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n31,592<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u2014<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n10,465<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u2014<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n19,957<\/p>\n<\/td>\n<\/tr>\n

    \n

    \nOther ancillary services<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n11,666<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n11,621<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n3,246<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n2,885<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n5,698<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n5,653<\/p>\n<\/td>\n<\/tr>\n

    \n

    \nTotal revenues<\/p>\n<\/td>\n

    		\n

    \n$<\/p>\n<\/td>\n

    		\n

    \n1,006,068<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n$<\/p>\n<\/td>\n

    		\n

    \n1,033,055<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n$<\/p>\n<\/td>\n

    		\n

    \n283,449<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n$<\/p>\n<\/td>\n

    		\n

    \n271,366<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n$<\/p>\n<\/td>\n

    		\n

    \n497,782<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n$<\/p>\n<\/td>\n

    		\n

    \n524,769<\/p>\n<\/td>\n<\/tr>\n

    \n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n<\/tr>\n

    \n

    \nGross transaction value (in billions)<\/p>\n<\/td>\n

    		\n

    \n$<\/p>\n<\/td>\n

    		\n

    \n39.1<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n$<\/p>\n<\/td>\n

    		\n

    \n39.8<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n$<\/p>\n<\/td>\n

    		\n

    \n10.8<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n$<\/p>\n<\/td>\n

    		\n

    \n10.2<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n$<\/p>\n<\/td>\n

    		\n

    \n19.4<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n$<\/p>\n<\/td>\n

    		\n

    \n20.1<\/p>\n<\/td>\n<\/tr>\n

    \n

    \nTotal transactions<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n21,078<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n21,338<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n5,785<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n5,530<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n10,178<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n\u00a0<\/p>\n<\/td>\n

    		\n

    \n10,438<\/p>\n<\/td>\n<\/tr>\n<\/table>\n

    \n\u00a0<\/p>\n

    \"\"<\/p>\n

    View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20260806877876\/en\/<\/a><\/span><\/p>\n

    \nStephen Larkin, Douglas Elliman Inc.
    \n
    917-902-2503<\/p>\n

    Catherine Livingston, FGS Global
    \n
    212-687-8080<\/p>\n

    J. Bryant Kirkland III, Douglas Elliman Inc.
    \n
    305-579-8000<\/p>\n

    KEYWORDS:<\/b> Florida United States North America<\/p>\n

    INDUSTRY KEYWORDS:<\/b> Other Construction & Property Residential Building & Real Estate Construction & Property REIT<\/p>\n

    MEDIA:<\/b><\/p>\n\n","protected":false},"excerpt":{"rendered":"

    Douglas Elliman Inc. Reports Second Quarter 2026 Financial Results Second Quarter Revenues up 4.5% Year over Year (8.6% YoY on Comparable Basis); Operating Loss Narrows to $3.4M; Net Loss Narrows to $2.7M Second Quarter Gross Transaction Value up 5.9% YoY to $10.8B; Adjusted EBITDA Loss Narrows to $1.0M from $3.6M Cash of $105.2M and No Long-Term Debt as of June 30, 2026; Development Marketing Pipeline of $26.1B Launches AI Transformation including Development of Proprietary Real Estate Intelligence Business French Network Grows to 15 Offices with Opening of Paris Office Elliman Capital Expands to California and Texas MIAMI–(BUSINESS WIRE)– Douglas Elliman Inc. (\u201cDouglas Elliman\u201d or the \u201cCompany\u201d) (NYSE: DOUG), the parent company of Douglas Elliman Realty, one of the nation’s premier … <\/p>\n

    Continue reading “Douglas Elliman Inc. Reports Second Quarter 2026 Financial Results”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-992096","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nDouglas Elliman Inc. Reports Second Quarter 2026 Financial Results - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/douglas-elliman-inc-reports-second-quarter-2026-financial-results\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Douglas Elliman Inc. Reports Second Quarter 2026 Financial Results - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Douglas Elliman Inc. Reports Second Quarter 2026 Financial Results Second Quarter Revenues up 4.5% Year over Year (8.6% YoY on Comparable Basis); Operating Loss Narrows to $3.4M; Net Loss Narrows to $2.7M Second Quarter Gross Transaction Value up 5.9% YoY to $10.8B; Adjusted EBITDA Loss Narrows to $1.0M from $3.6M Cash of $105.2M and No Long-Term Debt as of June 30, 2026; Development Marketing Pipeline of $26.1B Launches AI Transformation including Development of Proprietary Real Estate Intelligence Business French Network Grows to 15 Offices with Opening of Paris Office Elliman Capital Expands to California and Texas MIAMI–(BUSINESS WIRE)– Douglas Elliman Inc. (\u201cDouglas Elliman\u201d or the \u201cCompany\u201d) (NYSE: DOUG), the parent company of Douglas Elliman Realty, one of the nation’s premier … Continue reading "Douglas Elliman Inc. Reports Second Quarter 2026 Financial Results"\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/douglas-elliman-inc-reports-second-quarter-2026-financial-results\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2026-08-07T11:04:08+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&sty=20260806877876r1&sid=flmnd&distro=nx&lang=en\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"15 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/douglas-elliman-inc-reports-second-quarter-2026-financial-results\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/douglas-elliman-inc-reports-second-quarter-2026-financial-results\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Douglas Elliman Inc. Reports Second Quarter 2026 Financial Results\",\"datePublished\":\"2026-08-07T11:04:08+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/douglas-elliman-inc-reports-second-quarter-2026-financial-results\\\/\"},\"wordCount\":2971,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/douglas-elliman-inc-reports-second-quarter-2026-financial-results\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&sty=20260806877876r1&sid=flmnd&distro=nx&lang=en\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/douglas-elliman-inc-reports-second-quarter-2026-financial-results\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/douglas-elliman-inc-reports-second-quarter-2026-financial-results\\\/\",\"name\":\"Douglas Elliman Inc. Reports Second Quarter 2026 Financial Results - Market Newsdesk\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/douglas-elliman-inc-reports-second-quarter-2026-financial-results\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/douglas-elliman-inc-reports-second-quarter-2026-financial-results\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&sty=20260806877876r1&sid=flmnd&distro=nx&lang=en\",\"datePublished\":\"2026-08-07T11:04:08+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/douglas-elliman-inc-reports-second-quarter-2026-financial-results\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/douglas-elliman-inc-reports-second-quarter-2026-financial-results\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/douglas-elliman-inc-reports-second-quarter-2026-financial-results\\\/#primaryimage\",\"url\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&sty=20260806877876r1&sid=flmnd&distro=nx&lang=en\",\"contentUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&sty=20260806877876r1&sid=flmnd&distro=nx&lang=en\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/douglas-elliman-inc-reports-second-quarter-2026-financial-results\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Douglas Elliman Inc. Reports Second Quarter 2026 Financial Results\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#website\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/\",\"name\":\"Market Newsdesk\",\"description\":\"Latest Business News in Real Time\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\",\"name\":\"Newsdesk\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g\",\"caption\":\"Newsdesk\"},\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/author\\\/newsdesk\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Douglas Elliman Inc. Reports Second Quarter 2026 Financial Results - Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/douglas-elliman-inc-reports-second-quarter-2026-financial-results\/","og_locale":"en_US","og_type":"article","og_title":"Douglas Elliman Inc. Reports Second Quarter 2026 Financial Results - Market Newsdesk","og_description":"Douglas Elliman Inc. Reports Second Quarter 2026 Financial Results Second Quarter Revenues up 4.5% Year over Year (8.6% YoY on Comparable Basis); Operating Loss Narrows to $3.4M; Net Loss Narrows to $2.7M Second Quarter Gross Transaction Value up 5.9% YoY to $10.8B; Adjusted EBITDA Loss Narrows to $1.0M from $3.6M Cash of $105.2M and No Long-Term Debt as of June 30, 2026; Development Marketing Pipeline of $26.1B Launches AI Transformation including Development of Proprietary Real Estate Intelligence Business French Network Grows to 15 Offices with Opening of Paris Office Elliman Capital Expands to California and Texas MIAMI–(BUSINESS WIRE)– Douglas Elliman Inc. (\u201cDouglas Elliman\u201d or the \u201cCompany\u201d) (NYSE: DOUG), the parent company of Douglas Elliman Realty, one of the nation’s premier … Continue reading \"Douglas Elliman Inc. Reports Second Quarter 2026 Financial Results\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/douglas-elliman-inc-reports-second-quarter-2026-financial-results\/","og_site_name":"Market Newsdesk","article_published_time":"2026-08-07T11:04:08+00:00","og_image":[{"url":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&sty=20260806877876r1&sid=flmnd&distro=nx&lang=en","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"15 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/douglas-elliman-inc-reports-second-quarter-2026-financial-results\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/douglas-elliman-inc-reports-second-quarter-2026-financial-results\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Douglas Elliman Inc. Reports Second Quarter 2026 Financial Results","datePublished":"2026-08-07T11:04:08+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/douglas-elliman-inc-reports-second-quarter-2026-financial-results\/"},"wordCount":2971,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/douglas-elliman-inc-reports-second-quarter-2026-financial-results\/#primaryimage"},"thumbnailUrl":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&sty=20260806877876r1&sid=flmnd&distro=nx&lang=en","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/douglas-elliman-inc-reports-second-quarter-2026-financial-results\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/douglas-elliman-inc-reports-second-quarter-2026-financial-results\/","name":"Douglas Elliman Inc. Reports Second Quarter 2026 Financial Results - Market Newsdesk","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/douglas-elliman-inc-reports-second-quarter-2026-financial-results\/#primaryimage"},"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/douglas-elliman-inc-reports-second-quarter-2026-financial-results\/#primaryimage"},"thumbnailUrl":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&sty=20260806877876r1&sid=flmnd&distro=nx&lang=en","datePublished":"2026-08-07T11:04:08+00:00","author":{"@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"breadcrumb":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/douglas-elliman-inc-reports-second-quarter-2026-financial-results\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.marketnewsdesk.com\/index.php\/douglas-elliman-inc-reports-second-quarter-2026-financial-results\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/douglas-elliman-inc-reports-second-quarter-2026-financial-results\/#primaryimage","url":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&sty=20260806877876r1&sid=flmnd&distro=nx&lang=en","contentUrl":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&sty=20260806877876r1&sid=flmnd&distro=nx&lang=en"},{"@type":"BreadcrumbList","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/douglas-elliman-inc-reports-second-quarter-2026-financial-results\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.marketnewsdesk.com\/"},{"@type":"ListItem","position":2,"name":"Douglas Elliman Inc. Reports Second Quarter 2026 Financial Results"}]},{"@type":"WebSite","@id":"https:\/\/www.marketnewsdesk.com\/#website","url":"https:\/\/www.marketnewsdesk.com\/","name":"Market Newsdesk","description":"Latest Business News in Real Time","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.marketnewsdesk.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979","name":"Newsdesk","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g","caption":"Newsdesk"},"url":"https:\/\/www.marketnewsdesk.com\/index.php\/author\/newsdesk\/"}]}},"_links":{"self":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/posts\/992096","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/comments?post=992096"}],"version-history":[{"count":0,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/posts\/992096\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/media?parent=992096"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/categories?post=992096"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/tags?post=992096"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}