vs

Side-by-side financial comparison of eXp World Holdings, Inc. (EXPI) and FLOWERS FOODS INC (FLO). Click either name above to swap in a different company.

FLOWERS FOODS INC is the larger business by last-quarter revenue ($1.2B vs $1.2B, roughly 1.0× eXp World Holdings, Inc.). On growth, FLOWERS FOODS INC posted the faster year-over-year revenue change (11.0% vs 8.5%). Over the past eight quarters, eXp World Holdings, Inc.'s revenue compounded faster (12.4% CAGR vs -11.6%).

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.

Flowers Foods, headquartered in Thomasville, Georgia, is a producer and marketer of packaged bakery foods in the United States. The company operates 44 bakeries across 19 states that produce a variety of products, including bread, buns, rolls, snack cakes, pastries, and tortillas. As of February 2013, Flowers Foods had grown to be the "second-largest baking company in the United States."

EXPI vs FLO — Head-to-Head

Bigger by revenue
FLO
FLO
1.0× larger
FLO
$1.2B
$1.2B
EXPI
Growing faster (revenue YoY)
FLO
FLO
+2.4% gap
FLO
11.0%
8.5%
EXPI
Faster 2-yr revenue CAGR
EXPI
EXPI
Annualised
EXPI
12.4%
-11.6%
FLO

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
EXPI
EXPI
FLO
FLO
Revenue
$1.2B
$1.2B
Net Profit
$-12.9M
Gross Margin
Operating Margin
-1.1%
Net Margin
-1.1%
Revenue YoY
8.5%
11.0%
Net Profit YoY
-35.7%
EPS (diluted)
$-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
EXPI
EXPI
FLO
FLO
Q4 25
$1.2B
$1.2B
Q3 25
$1.3B
$1.2B
Q2 25
$1.3B
$1.6B
Q1 25
$954.9M
Q4 24
$1.1B
$1.2B
Q3 24
$1.2B
$1.2B
Q2 24
$1.3B
$1.6B
Q1 24
$943.1M
Net Profit
EXPI
EXPI
FLO
FLO
Q4 25
$-12.9M
$39.5M
Q3 25
$3.5M
$58.4M
Q2 25
$-2.3M
$53.0M
Q1 25
$-11.0M
Q4 24
$-9.5M
$65.0M
Q3 24
$-8.5M
$67.0M
Q2 24
$12.4M
$73.0M
Q1 24
$-15.6M
Gross Margin
EXPI
EXPI
FLO
FLO
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
99.9%
Q2 24
99.9%
Q1 24
Operating Margin
EXPI
EXPI
FLO
FLO
Q4 25
-1.1%
5.4%
Q3 25
0.3%
7.5%
Q2 25
-0.2%
5.5%
Q1 25
-1.1%
Q4 24
-1.0%
7.6%
Q3 24
-0.7%
7.8%
Q2 24
1.4%
6.4%
Q1 24
-1.9%
Net Margin
EXPI
EXPI
FLO
FLO
Q4 25
-1.1%
3.2%
Q3 25
0.3%
4.7%
Q2 25
-0.2%
3.4%
Q1 25
-1.2%
Q4 24
-0.9%
5.5%
Q3 24
-0.7%
5.5%
Q2 24
1.0%
4.6%
Q1 24
-1.7%
EPS (diluted)
EXPI
EXPI
FLO
FLO
Q4 25
$-0.08
$0.19
Q3 25
$0.02
$0.28
Q2 25
$-0.01
$0.25
Q1 25
$-0.07
Q4 24
$-0.06
$0.31
Q3 24
$-0.06
$0.32
Q2 24
$0.08
$0.34
Q1 24
$-0.10

Balance Sheet & Financial Strength

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

Metric
EXPI
EXPI
FLO
FLO
Cash + ST InvestmentsLiquidity on hand
$124.2M
$12.1M
Total DebtLower is stronger
Stockholders' EquityBook value
$242.8M
Total Assets
$442.5M
$4.2B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
EXPI
EXPI
FLO
FLO
Q4 25
$124.2M
$16.7M
Q3 25
$112.8M
$11.0M
Q2 25
$94.6M
$7.3M
Q1 25
$115.7M
Q4 24
$113.6M
$15.0M
Q3 24
$130.4M
$6.9M
Q2 24
$108.4M
$15.8M
Q1 24
$109.2M
Total Debt
EXPI
EXPI
FLO
FLO
Q4 25
$1.8B
Q3 25
$1.7B
Q2 25
$1.8B
Q1 25
Q4 24
$1.1B
Q3 24
$1.1B
Q2 24
$1.0B
Q1 24
Stockholders' Equity
EXPI
EXPI
FLO
FLO
Q4 25
$242.8M
$1.4B
Q3 25
$235.3M
$1.4B
Q2 25
$218.4M
$1.4B
Q1 25
$212.0M
Q4 24
$204.9M
$1.4B
Q3 24
$211.1M
$1.4B
Q2 24
$220.3M
$1.4B
Q1 24
$222.4M
Total Assets
EXPI
EXPI
FLO
FLO
Q4 25
$442.5M
$4.3B
Q3 25
$458.7M
$4.3B
Q2 25
$481.2M
$4.3B
Q1 25
$435.8M
Q4 24
$390.7M
$3.4B
Q3 24
$432.6M
$3.4B
Q2 24
$457.4M
$3.4B
Q1 24
$426.7M
Debt / Equity
EXPI
EXPI
FLO
FLO
Q4 25
1.25×
Q3 25
1.23×
Q2 25
1.26×
Q1 25
Q4 24
0.75×
Q3 24
0.77×
Q2 24
0.76×
Q1 24

Cash Flow & Capital Efficiency

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

Metric
EXPI
EXPI
FLO
FLO
Operating Cash FlowLast quarter
$13.8M
$125.4M
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
EXPI
EXPI
FLO
FLO
Q4 25
$13.8M
$54.4M
Q3 25
$28.9M
$130.8M
Q2 25
$36.1M
$135.6M
Q1 25
$39.8M
Q4 24
$13.7M
$113.9M
Q3 24
$46.0M
$63.3M
Q2 24
$71.1M
$105.1M
Q1 24
$60.7M
Free Cash Flow
EXPI
EXPI
FLO
FLO
Q4 25
$11.9M
$30.4M
Q3 25
$26.6M
$100.0M
Q2 25
$33.3M
$110.1M
Q1 25
$37.3M
Q4 24
$11.6M
$88.6M
Q3 24
$44.4M
$35.4M
Q2 24
$69.7M
$71.8M
Q1 24
$59.3M
FCF Margin
EXPI
EXPI
FLO
FLO
Q4 25
1.0%
2.5%
Q3 25
2.0%
8.0%
Q2 25
2.5%
7.1%
Q1 25
3.9%
Q4 24
1.1%
7.4%
Q3 24
3.6%
2.9%
Q2 24
5.4%
4.6%
Q1 24
6.3%
Capex Intensity
EXPI
EXPI
FLO
FLO
Q4 25
0.2%
2.0%
Q3 25
0.2%
2.5%
Q2 25
0.2%
1.6%
Q1 25
0.3%
Q4 24
0.2%
2.1%
Q3 24
0.1%
2.3%
Q2 24
0.1%
2.1%
Q1 24
0.1%
Cash Conversion
EXPI
EXPI
FLO
FLO
Q4 25
1.38×
Q3 25
8.26×
2.24×
Q2 25
2.56×
Q1 25
Q4 24
1.75×
Q3 24
0.94×
Q2 24
5.75×
1.44×
Q1 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

EXPI
EXPI

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

FLO
FLO

Segment breakdown not available.

Related Comparisons