La Rosa Holdings Corp. Reports First Quarter 2026 Financial Results
Rhea-AI Summary
La Rosa Holdings (NASDAQ: LRHC) reported Q1 2026 revenue of $13.6 million, down from $14.6 million in Q1 2025, while gross profit rose 29.6% to $2.0 million. Commercial real estate brokerage revenue increased 379.3% year-over-year to $273 thousand and title settlement and insurance revenue grew 28.4% to $99 thousand.
Total operating expenses fell 27.6% to $4.5 million, improving loss from operations by 46.5% to $2.5 million. Net loss attributable to common stockholders was $16.1 million, including a $10.5 million loss on issuance of a senior secured convertible note and a $2.7 million deemed dividend. La Rosa reported $1.7 million in unrestricted cash and $8.1 million in digital assets as of March 31, 2026, alongside increased notes payable and a total stockholders' deficit of $7.5 million. The company continues to work under a non-binding LOI toward a potential acquisition of Consensus Core Technologies.
Positive
- Commercial brokerage revenue +379.3% YoY to $273 thousand in Q1 2026
- Title settlement and insurance revenue +28.4% YoY to $99 thousand
- Gross profit +29.6% YoY to $1.99 million in Q1 2026
- Total operating expenses -27.6% YoY to $4.49 million
- Loss from operations improved 46.5% YoY to $2.50 million
- Digital assets reported at $8.1 million on March 31, 2026 balance sheet
Negative
- Total revenue declined to $13.58 million from $14.64 million YoY
- Net loss attributable to common stockholders $16.1 million in Q1 2026
- $10.50 million loss on issuance of senior secured convertible note in Q1 2026
- Unrestricted cash decreased to $1.74 million from $3.09 million since year-end 2025
- Notes payable increased to $21.39 million total (current and noncurrent) from $7.29 million
- Total stockholders’ deficit widened to $7.50 million from $1.85 million
News Explained
By March 31, common shares had risen to 447,345 from 20,963 at year-end, reducing existing holders’ percentage ownership absent offsets.
The August 3 release reports first-quarter 2026 results and, as of
Common shares issued and outstanding rose from
At
Market Reaction – LRHC
Following this news, LRHC has declined 13.88%, reflecting a significant negative market reaction. Our momentum scanner has triggered 20 alerts so far, indicating elevated trading interest and price volatility. The stock is currently trading at $0.91. Trading volume is elevated at 2.1x the average, suggesting increased selling activity.
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Key Figures
Previous Earnings Reports
| Date | Event | Sentiment | 24h Move | Catalyst |
|---|---|---|---|---|
| May 07 | Q1 2025 results | Positive | +1.4% | Reported office-level revenue growth, higher agent count, and increased transaction volume. |
| Apr 16 | FY2024 results | Positive | -25.7% | Revenue exceeded guidance despite a larger net loss and continued unprofitability. |
| Jan 23 | FY2024 preliminary results | Positive | -7.9% | Preliminary revenue growth was reported alongside unaudited figures and acquisition plans. |
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Tag-matched earnings events showed one aligned positive reaction and two divergences, with an average move of -10.73%.
Key Terms
proptech technical
letter of intent financial
restricted cash financial
deemed dividend financial
stockholders’ deficit financial
AI-generated analysis. How Rhea-AI works. Not financial advice.
Gross Profit Increased
Commercial Real Estate Brokerage Revenue Increased
Loss from Operations Improved
CELEBRATION, Fla., Aug. 03, 2026 (GLOBE NEWSWIRE) -- La Rosa Holdings Corp. (NASDAQ: LRHC) (“La Rosa” or the “Company”), a real estate and PropTech company, today provided a business update and reported financial results for the first quarter ended March 31, 2026.
Q1 2026 Financial Highlights
- Real Estate Brokerage Services (Commercial) revenue increased by approximately
$216 thousand to$273 thousand , or approx.379.3% for the first quarter ended March 31, 2026 from$57 thousand for the first quarter ended March 31, 2025 - Title Settlement and Insurance revenue increased by approximately
$22 thousand to$99 thousand , or approx.28.4% for the first quarter ended March 31, 2026 from$77 thousand for the first quarter ended March 31, 2025 - Gross profit increased by approximately
$456 thousand , or29.6% , year-over-year, to$2.0 million for the first quarter ended March 31, 2026 from$1.5 million for the first quarter ended March 31, 2025 - Total operating expenses decreased
27.6% year-over-year to$4.7 million from$6.2 million - Loss from operations improved
46.5% to$2.5 million , compared to a loss of$4.7 million in the prior-year period - As of March 31, 2026, the Company had unrestricted cash of approximately
$1.7 million compared to$3.1 million as of December 31, 2025 - Reported
$8.1 million in digital assets on the balance sheet as of March 31, 2026, compared to no digital asset holdings in the prior-year period
Joe La Rosa, CEO of La Rosa, commented, “Our first quarter results reflect continued progress in strengthening the quality of our business. While market conditions impacted overall revenue, we delivered meaningful improvements in our operating performance, with gross profit increasing nearly
“Beyond our operating performance, we remain focused on executing our long-term strategic vision. During the quarter, we established an
About La Rosa Holdings Corp.
La Rosa Holdings Corp. (Nasdaq: LRHC) intends to transform the real estate industry by providing agents with flexible compensation options, including a revenue-sharing model or a fee-based structure with
The Company offers both residential and commercial real estate brokerage services, as well as technology-driven products and support for its agents and franchise partners. Its business model includes internal services for agents and external offerings for the public, spanning real estate brokerage, franchising, education and coaching, and property management.
La Rosa operates 23 corporate-owned brokerage offices across Florida, California, Texas, Georgia, and Puerto Rico. La Rosa also started its expansion into Europe, beginning with Spain. Additionally, the Company has five franchised offices and branches and three affiliated brokerage locations in the U.S. and Puerto Rico. The Company also operates a full-service escrow settlement and title company in Florida.
For more information, please visit: https://www.larosaholdings.com.
Stay connected with La Rosa, sign up for news alerts here: larosaholdings.com/email-alerts.
Forward-Looking Statements
This press release contains forward-looking statements regarding the Company’s current expectations that are subject to various risks and uncertainties. Such statements include statements regarding the Company’s ability to grow its business and other statements that are not historical facts, including statements which may be accompanied by the words “intends,” “may,” “will,” “plans,” “expects,” “anticipates,” “projects,” “predicts,” “estimates,” “aims,” “believes,” “hopes,” “potential” or similar words. These statements are not guarantees of future performance and are subject to certain risks, uncertainties and assumptions that are difficult to predict. Actual results could differ materially from those described in these forward-looking statements due to certain factors, including without limitation, the Company's ability to satisfy closing conditions of the financing facilities and the timing and use of proceeds thereof, including the redemption of the Series X Preferred Stock, to achieve profitable operations, our ability to successfully integrate acquisitions into our business operations, customer acceptance of new services, the demand for the Company’s services and the Company’s customers' economic condition, the impact of competitive services and pricing, general economic conditions, the successful integration of the Company’s past and future acquired brokerages, the effect of the recent National Association of Realtors' landmark settlement on our business operations, and other risk factors detailed in the Company's filings with the United States Securities and Exchange Commission (the "SEC”). You are urged to carefully review and consider any cautionary statements and other disclosures, including the statements made under the heading “Risk Factors” in our Annual Report on Form 10-K for the fiscal year ended March 31, 2026, and other reports and documents that we file from time to time with the SEC. Forward-looking statements contained in this press release are made only as of the date of this press release, and La Rosa does not undertake any responsibility to update any forward-looking statements in this release, except as may be required by applicable law. References and links to websites have been provided as a convenience, and the information contained on such websites has not been incorporated by reference into this press release.
For more information, contact: info@larosaholdings.com
Investor Relations Contact:
Crescendo Communications, LLC
David Waldman/Natalya Rudman
Tel: (212) 671-1020
Email: LRHC@crescendo-ir.com
(Tables follow)
| La Rosa Holdings Corp. and Subsidiaries Condensed Consolidated Balance Sheets | ||||||||
| March 31, 2026 | December 31, 2025 | |||||||
| (unaudited) | ||||||||
| Assets | ||||||||
| Current assets: | ||||||||
| Cash and cash equivalents | $ | 1,742,636 | $ | 3,086,770 | ||||
| Restricted cash | 4,216,319 | 1,758,531 | ||||||
| Digital assets, restricted | 8,142,127 | — | ||||||
| Accounts receivable, net of allowance for credit losses of | 1,611,589 | 1,252,452 | ||||||
| Notes receivable | 462,567 | — | ||||||
| Other current assets | 22,812 | 15,601 | ||||||
| Total current assets | 16,198,050 | 6,113,354 | ||||||
| Noncurrent assets: | ||||||||
| Restricted cash, net of current | 123,250 | 58,972 | ||||||
| Property and equipment, net | 3,703 | 6,094 | ||||||
| Right-of-use asset, net | 872,690 | 963,991 | ||||||
| Intangible assets, net | 3,074,427 | 4,425,042 | ||||||
| Goodwill | 528,545 | 1,831,197 | ||||||
| Other long-term assets | 43,043 | 44,867 | ||||||
| Total noncurrent assets | 4,645,658 | 7,330,163 | ||||||
| Total assets | $ | 20,843,708 | $ | 13,443,517 | ||||
| Liabilities, Series X Preferred Stock Subject to Redemption and Stockholders’ Deficit | ||||||||
| Current liabilities: | ||||||||
| Accounts payable | $ | 3,260,018 | $ | 2,895,861 | ||||
| Accrued expenses | 449,670 | 83,876 | ||||||
| Contract liabilities | 195,196 | 171,100 | ||||||
| Security deposits and escrow payable | 2,021,624 | 1,758,531 | ||||||
| Accrued acquisition cash consideration | — | 30,000 | ||||||
| Notes payable, current | 5,677,803 | 148,757 | ||||||
| Lease liability, current | 458,950 | 486,481 | ||||||
| Total current liabilities | 12,063,261 | 5,574,606 | ||||||
| Noncurrent liabilities: | ||||||||
| Note payable, net of current | 15,710,797 | 7,143,803 | ||||||
| Security deposits and escrow payable | 123,250 | 58,972 | ||||||
| Lease liability, noncurrent | 445,811 | 514,388 | ||||||
| Total noncurrent liabilities | 16,279,858 | 7,717,163 | ||||||
| Total liabilities | 28,343,119 | 13,291,769 | ||||||
| Commitments and contingencies (Note 6) | ||||||||
| Series X Preferred Stock Subject to Redemption: | ||||||||
| Preferred stock - | — | 2,000,000 | ||||||
| Stockholders’ Deficit: | ||||||||
| Preferred stock - | 1 | 1 | ||||||
| Preferred stock - | — | — | ||||||
| Common stock - | 43 | 1 | ||||||
| Additional paid-in capital | 61,742,120 | 51,010,523 | ||||||
| Accumulated deficit | (70,554,852 | ) | (57,099,883 | ) | ||||
| Total stockholders' deficit – La Rosa Holdings Corp. stockholders | (8,812,688 | ) | (6,089,358 | ) | ||||
| Noncontrolling interest in subsidiaries | 1,313,277 | 4,241,106 | ||||||
| Total stockholders' deficit | (7,499,411 | ) | (1,848,252 | ) | ||||
| Total liabilities, Series X Subject to Redemption and stockholders deficit | $ | 20,843,708 | $ | 13,443,517 | ||||
| La Rosa Holdings Corp. and Subsidiaries Condensed Consolidated Statements of Operations (unaudited) | ||||||||
| Three Months Ended March 31, | ||||||||
| 2026 | 2025 | |||||||
| Revenue | ||||||||
| Cost of revenue | 11,582,179 | 13,098,106 | ||||||
| Gross profit | 1,993,427 | 1,537,668 | ||||||
| Operating expenses: | ||||||||
| Sales and marketing | 409,277 | 563,149 | ||||||
| General and administrative | 3,971,654 | 3,727,525 | ||||||
| Stock-based compensation — general and administrative | 109,726 | 1,914,851 | ||||||
| Total operating expenses | 4,490,657 | 6,205,525 | ||||||
| Loss from operations | (2,497,230 | ) | (4,667,857 | ) | ||||
| Other income (expense) | ||||||||
| Interest expense, net | (5,779 | ) | (24,341 | ) | ||||
| Loss on extinguishment of debt | — | (151,925 | ) | |||||
| Amortization of debt discount | — | (63,160 | ) | |||||
| Change in fair value of derivative liability | — | 899,874 | ||||||
| Loss on issuance of senior secured convertible note | (10,501,712 | ) | (128,836,250 | ) | ||||
| Change in fair value of convertible note and warrants | (181,902 | ) | 37,145,000 | |||||
| Fair value of settlement of contract based equity issuances | (61,096 | ) | — | |||||
| Loss on disposition of noncontrolling interest in subsidiary | (217,657 | ) | — | |||||
| Other expense, net | — | (226 | ) | |||||
| Loss from operations before provision for income taxes | (13,465,376 | ) | (95,698,885 | ) | ||||
| Provision for income taxes | — | — | ||||||
| Net loss | (13,465,376 | ) | (95,698,885 | ) | ||||
| Less: Net (loss) income attributable to noncontrolling interests in subsidiaries | (10,407 | ) | 17,694 | |||||
| Net loss after noncontrolling interest in subsidiaries | (13,454,969 | ) | (95,716,579 | ) | ||||
| Less: Deemed dividend | 2,657,580 | 186,233 | ||||||
| Net loss attributable to common stockholders | $ | (16,112,549 | ) | $ | (95,902,812 | ) | ||
| Loss per share of common stock attributable to common stockholders | ||||||||
| Basic and diluted | $ | (72.03 | ) | $ | (46,896.24 | ) | ||
| Weighted average shares used in computing net loss per share of common stock attributable to common stockholders | ||||||||
| Basic and diluted | 223,701 | 2,045 | ||||||
