Douglas Elliman Inc. operates a luxury residential real estate brokerage and related real estate services platform. The company owns Douglas Elliman Realty, LLC, one of the largest residential brokerage companies in the United States, with operations across major luxury markets including New York, Florida, California, Texas, Colorado, Nevada, the Mid-Atlantic and New England.
Company news commonly covers financial results, brokerage transaction activity, market entries, agent and team recruitment, leadership appointments, and platform expansion. Updates also address development marketing, mortgage, settlement and escrow services in select markets, property technology investments, new offerings for high-net-worth real estate clients, cost actions, balance sheet commentary, and the completed sale of the company’s property management business.
Douglas Elliman (NYSE: DOUG) announced that The Altman Brothers are expanding into South Florida through its real estate brokerage. Led by Josh, Matt and Heather Altman, the team is establishing a permanent presence after referring more than $100 million in business to Florida annually.
The team has also been named Super Agents for The Ritz-Carlton Residences, Fort Lauderdale. Its South Florida service area includes Miami, Miami Beach, Palm Beach, Boca Raton and Fort Lauderdale. The expansion extends the geographic reach of an existing Douglas Elliman team, rather than adding a newly affiliated brokerage team.
Douglas Elliman (NYSE: DOUG) reported third-quarter 2026 net income of $7.4 million, reversing a loss in the year-earlier quarter. Diluted earnings were $0.08 per share versus a $0.29 loss. Revenue fell to $252.1 million from $262.8 million; excluding the disposed property management business, prior-year revenue was $253.4 million. Operating income reached $6.3 million versus a $10.7 million loss.
Adjusted EBITDA, an adjusted earnings measure excluding interest, taxes, depreciation and amortization, swung to a $5.3 million loss from $1.0 million income. Nine-month revenue was $749.9 million, with a $11.6 million net loss. At September 30, cash, cash equivalents and a U.S. Treasury Bill totaled approximately $123 million, with no long-term debt. The board authorized up to $10 million in share repurchases. The company expects AI-related non-commission expense savings to begin in 2027.
Douglas Elliman (NYSE: DOUG) will hold its third quarter 2026 results conference call and webcast on November 10, 2026. The call begins at 8:00 a.m. ET. A replay will be available shortly after the call ends through November 24, 2026.
Douglas Elliman (NYSE: DOUG) reported second quarter 2026 revenues of $283.4 million, up 4.5% year over year, or 8.6% on a comparable basis excluding the disposed property management business. Operating loss narrowed to $3.4 million from $5.5 million and net loss to $2.7 million, or $0.03 per diluted share, from $22.7 million.
Second quarter gross transaction value rose 5.9% to $10.8 billion with an average price of $1.86 million. Adjusted EBITDA loss improved to $1.0 million from $3.6 million. For the first half, revenues were $497.8 million and net loss $19.0 million. The company ended June 30, 2026 with $105.2 million in cash, no long-term debt, and a $26.1 billion development marketing pipeline, and highlighted an AI transformation with Google Cloud plus ongoing U.S. and international footprint expansion and Elliman Capital’s entry into California and Texas.
Douglas Elliman (NYSE: DOUG) will host a conference call and live webcast to discuss its second quarter 2026 results on Friday, August 7, 2026, at 8:00 a.m. ET. Investors can access the event and the replay, available through August 21, 2026, via the provided webcast link.
Douglas Elliman (NYSE:DOUG) launched an enterprise-wide AI transformation built on Google Cloud and unveiled Elius, a new intelligence company using its proprietary luxury real estate data. The program targets a leaner cost structure, significant non-commission expense savings over three years, and new data-driven products and revenue streams, funded with over $100 million in cash and no long-term debt.
Douglas Elliman (DOUG) is marking the return of the U.S. Open Championship to Shinnecock Hills Golf Club in Southampton, New York, held June 15–21, 2026. The event draws global golf fans and luxury consumers, highlighting the Hamptons as a premier lifestyle and real estate market.
Douglas Elliman will host top agents and clients at the tournament, emphasizing the link between golf, luxury living, and high-end real estate in the Hamptons and showcasing properties near world-class courses and natural open spaces.
Douglas Elliman (DOUG) is expanding its French alliance into Paris, opening an office in the 7th arrondissement and adding the city to its luxury markets in Bordeaux, the French Riviera, the French Alps, Monaco and Saint-Barthélemy.
The Paris region will be led by Charlotte Lonne, an experienced luxury real estate professional, and continues the firm’s international growth initiative started in Europe in 2025 with partners Philippe Curutchet, Fredrik Lilloe and Edward de Mallet Morgan.
Casa Avenida, a boutique four-story luxury townhome community in downtown Delray Beach, has officially broken ground at 102 SE 5th Avenue. The project features eight residences with three to five bedrooms, ranging from 2,804 to 3,336 square feet.
The upscale townhomes, exclusively sold by the GVC Real Estate Team at Douglas Elliman (NYSE:DOUG), offer private elevators, secure garages, elevated cocktail pools, expansive terraces, and design-forward interiors inspired by Delray Beach’s coastal character, one block from Atlantic Avenue.
Douglas Elliman (NYSE:DOUG) is expanding its in-house mortgage platform Elliman Capital to California through a strategic relationship with Cohen Financial Group, led by Mark Cohen.
The platform offers integrated, tech-enabled financing solutions across conventional, jumbo, construction, commercial, bridge, FHA, VA and non-traditional borrower products for Greater Los Angeles clients and agents.