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Side-by-side financial comparison of Dover Corporation (DOV) and eXp World Holdings, Inc. (EXPI). Click either name above to swap in a different company.

Dover Corporation is the larger business by last-quarter revenue ($2.1B vs $1.2B, roughly 1.8× eXp World Holdings, Inc.). Dover Corporation runs the higher net margin — 13.4% vs -1.1%, a 14.5% gap on every dollar of revenue. On growth, Dover Corporation posted the faster year-over-year revenue change (12.5% vs 8.5%). Over the past eight quarters, eXp World Holdings, Inc.'s revenue compounded faster (12.4% CAGR vs -1.8%).

Dover Corporation is an American conglomerate manufacturer of industrial products. The Downers Grove, Illinois-based company was founded in 1955. As of 2021, Dover's business was divided into five segments: Engineered Products, Clean Energy and Fueling, Imaging & Identification, Pumps & Process Solutions and Climate and Sustainability Technologies. Dover is a constituent of the S&P 500 index and trades on the New York Stock Exchange under the symbol DOV. Dover was ranked 448 in the 2024 Fortu...

eXp World Holdings, Inc. is a global cloud-based real estate services provider. It operates the eXp Realty brokerage network, leverages immersive virtual 3D campus environments to support agent collaboration and operations, serves residential and commercial real estate markets across over 20 countries, and offers complementary services including mortgage, title insurance and professional development resources for real estate practitioners.

DOV vs EXPI — Head-to-Head

Bigger by revenue
DOV
DOV
1.8× larger
DOV
$2.1B
$1.2B
EXPI
Growing faster (revenue YoY)
DOV
DOV
+4.0% gap
DOV
12.5%
8.5%
EXPI
Higher net margin
DOV
DOV
14.5% more per $
DOV
13.4%
-1.1%
EXPI
Faster 2-yr revenue CAGR
EXPI
EXPI
Annualised
EXPI
12.4%
-1.8%
DOV

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
DOV
DOV
EXPI
EXPI
Revenue
$2.1B
$1.2B
Net Profit
$282.1M
$-12.9M
Gross Margin
39.1%
Operating Margin
16.5%
-1.1%
Net Margin
13.4%
-1.1%
Revenue YoY
12.5%
8.5%
Net Profit YoY
22.2%
-35.7%
EPS (diluted)
$2.06
$-0.08

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
DOV
DOV
EXPI
EXPI
Q1 26
$2.1B
Q4 25
$2.1B
$1.2B
Q3 25
$2.1B
$1.3B
Q2 25
$2.0B
$1.3B
Q1 25
$1.9B
$954.9M
Q4 24
$1.5B
$1.1B
Q3 24
$2.0B
$1.2B
Q2 24
$2.2B
$1.3B
Net Profit
DOV
DOV
EXPI
EXPI
Q1 26
$282.1M
Q4 25
$282.1M
$-12.9M
Q3 25
$302.0M
$3.5M
Q2 25
$279.1M
$-2.3M
Q1 25
$230.8M
$-11.0M
Q4 24
$1.4B
$-9.5M
Q3 24
$347.1M
$-8.5M
Q2 24
$281.8M
$12.4M
Gross Margin
DOV
DOV
EXPI
EXPI
Q1 26
39.1%
Q4 25
39.1%
Q3 25
40.1%
Q2 25
39.9%
Q1 25
40.0%
Q4 24
41.4%
Q3 24
38.5%
99.9%
Q2 24
37.7%
99.9%
Operating Margin
DOV
DOV
EXPI
EXPI
Q1 26
16.5%
Q4 25
16.5%
-1.1%
Q3 25
18.2%
0.3%
Q2 25
17.3%
-0.2%
Q1 25
15.9%
-1.1%
Q4 24
14.0%
-1.0%
Q3 24
16.8%
-0.7%
Q2 24
17.0%
1.4%
Net Margin
DOV
DOV
EXPI
EXPI
Q1 26
13.4%
Q4 25
13.4%
-1.1%
Q3 25
14.5%
0.3%
Q2 25
13.6%
-0.2%
Q1 25
12.4%
-1.2%
Q4 24
96.4%
-0.9%
Q3 24
17.5%
-0.7%
Q2 24
12.9%
1.0%
EPS (diluted)
DOV
DOV
EXPI
EXPI
Q1 26
$2.06
Q4 25
$2.06
$-0.08
Q3 25
$2.19
$0.02
Q2 25
$2.02
$-0.01
Q1 25
$1.67
$-0.07
Q4 24
$10.38
$-0.06
Q3 24
$2.51
$-0.06
Q2 24
$2.04
$0.08

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
DOV
DOV
EXPI
EXPI
Cash + ST InvestmentsLiquidity on hand
$124.2M
Total DebtLower is stronger
$3.3B
Stockholders' EquityBook value
$7.4B
$242.8M
Total Assets
$13.4B
$442.5M
Debt / EquityLower = less leverage
0.45×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DOV
DOV
EXPI
EXPI
Q1 26
Q4 25
$124.2M
Q3 25
$112.8M
Q2 25
$94.6M
Q1 25
$115.7M
Q4 24
$113.6M
Q3 24
$130.4M
Q2 24
$108.4M
Total Debt
DOV
DOV
EXPI
EXPI
Q1 26
$3.3B
Q4 25
$3.3B
Q3 25
$3.1B
Q2 25
$3.1B
Q1 25
$3.0B
Q4 24
$2.9B
Q3 24
$3.0B
Q2 24
$3.0B
Stockholders' Equity
DOV
DOV
EXPI
EXPI
Q1 26
$7.4B
Q4 25
$7.4B
$242.8M
Q3 25
$7.7B
$235.3M
Q2 25
$7.4B
$218.4M
Q1 25
$7.1B
$212.0M
Q4 24
$7.0B
$204.9M
Q3 24
$5.7B
$211.1M
Q2 24
$5.4B
$220.3M
Total Assets
DOV
DOV
EXPI
EXPI
Q1 26
$13.4B
Q4 25
$13.4B
$442.5M
Q3 25
$13.4B
$458.7M
Q2 25
$13.2B
$481.2M
Q1 25
$12.6B
$435.8M
Q4 24
$12.5B
$390.7M
Q3 24
$11.9B
$432.6M
Q2 24
$11.3B
$457.4M
Debt / Equity
DOV
DOV
EXPI
EXPI
Q1 26
0.45×
Q4 25
0.45×
Q3 25
0.40×
Q2 25
0.41×
Q1 25
0.42×
Q4 24
0.42×
Q3 24
0.53×
Q2 24
0.55×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
DOV
DOV
EXPI
EXPI
Operating Cash FlowLast quarter
$13.8M
Free Cash FlowOCF − Capex
$11.9M
FCF MarginFCF / Revenue
1.0%
Capex IntensityCapex / Revenue
0.2%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$109.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DOV
DOV
EXPI
EXPI
Q1 26
Q4 25
$543.9M
$13.8M
Q3 25
$424.2M
$28.9M
Q2 25
$212.3M
$36.1M
Q1 25
$157.5M
$39.8M
Q4 24
$439.0M
$13.7M
Q3 24
$353.2M
$46.0M
Q2 24
$203.7M
$71.1M
Free Cash Flow
DOV
DOV
EXPI
EXPI
Q1 26
Q4 25
$487.0M
$11.9M
Q3 25
$370.1M
$26.6M
Q2 25
$151.4M
$33.3M
Q1 25
$109.3M
$37.3M
Q4 24
$385.0M
$11.6M
Q3 24
$325.0M
$44.4M
Q2 24
$162.8M
$69.7M
FCF Margin
DOV
DOV
EXPI
EXPI
Q1 26
Q4 25
23.2%
1.0%
Q3 25
17.8%
2.0%
Q2 25
7.4%
2.5%
Q1 25
5.9%
3.9%
Q4 24
25.8%
1.1%
Q3 24
16.4%
3.6%
Q2 24
7.5%
5.4%
Capex Intensity
DOV
DOV
EXPI
EXPI
Q1 26
Q4 25
2.7%
0.2%
Q3 25
2.6%
0.2%
Q2 25
3.0%
0.2%
Q1 25
2.6%
0.3%
Q4 24
3.6%
0.2%
Q3 24
1.4%
0.1%
Q2 24
1.9%
0.1%
Cash Conversion
DOV
DOV
EXPI
EXPI
Q1 26
Q4 25
1.93×
Q3 25
1.40×
8.26×
Q2 25
0.76×
Q1 25
0.68×
Q4 24
0.31×
Q3 24
1.02×
Q2 24
0.72×
5.75×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

DOV
DOV

Segment breakdown not available.

EXPI
EXPI

North American Realty$1.1B96%
International Realty$42.2M4%

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