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

Genpact LTD is the larger business by last-quarter revenue ($1.3B vs $1.2B, roughly 1.1× eXp World Holdings, Inc.). Genpact LTD runs the higher net margin — 10.8% vs -1.1%, a 11.9% gap on every dollar of revenue. On growth, eXp World Holdings, Inc. posted the faster year-over-year revenue change (8.5% vs 5.6%). Genpact LTD produced more free cash flow last quarter ($269.0M vs $11.9M). Over the past eight quarters, eXp World Holdings, Inc.'s revenue compounded faster (12.4% CAGR vs 8.0%).

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.

Genpact Ltd. is an American information technology services, consulting, and outsourcing company headquartered in New York City, New York. Founded in Gurgaon, India, and legally domiciled in Bermuda, Genpact employs more than 125,000 people and provides services to clients in over 30 countries worldwide. Genpact is listed on the NYSE and generated revenues of US$4.48 billion in 2023.

EXPI vs G — Head-to-Head

Bigger by revenue
G
G
1.1× larger
G
$1.3B
$1.2B
EXPI
Growing faster (revenue YoY)
EXPI
EXPI
+2.9% gap
EXPI
8.5%
5.6%
G
Higher net margin
G
G
11.9% more per $
G
10.8%
-1.1%
EXPI
More free cash flow
G
G
$257.1M more FCF
G
$269.0M
$11.9M
EXPI
Faster 2-yr revenue CAGR
EXPI
EXPI
Annualised
EXPI
12.4%
8.0%
G

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
EXPI
EXPI
G
G
Revenue
$1.2B
$1.3B
Net Profit
$-12.9M
$143.1M
Gross Margin
36.6%
Operating Margin
-1.1%
14.8%
Net Margin
-1.1%
10.8%
Revenue YoY
8.5%
5.6%
Net Profit YoY
-35.7%
0.8%
EPS (diluted)
$-0.08
$0.82

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
G
G
Q4 25
$1.2B
$1.3B
Q3 25
$1.3B
$1.3B
Q2 25
$1.3B
$1.3B
Q1 25
$954.9M
$1.2B
Q4 24
$1.1B
$1.2B
Q3 24
$1.2B
$1.2B
Q2 24
$1.3B
$1.2B
Q1 24
$943.1M
$1.1B
Net Profit
EXPI
EXPI
G
G
Q4 25
$-12.9M
$143.1M
Q3 25
$3.5M
$145.8M
Q2 25
$-2.3M
$132.7M
Q1 25
$-11.0M
$130.9M
Q4 24
$-9.5M
$141.9M
Q3 24
$-8.5M
$132.8M
Q2 24
$12.4M
$122.0M
Q1 24
$-15.6M
$116.9M
Gross Margin
EXPI
EXPI
G
G
Q4 25
36.6%
Q3 25
36.4%
Q2 25
35.9%
Q1 25
35.3%
Q4 24
35.7%
Q3 24
99.9%
35.6%
Q2 24
99.9%
35.4%
Q1 24
35.0%
Operating Margin
EXPI
EXPI
G
G
Q4 25
-1.1%
14.8%
Q3 25
0.3%
14.8%
Q2 25
-0.2%
14.3%
Q1 25
-1.1%
15.1%
Q4 24
-1.0%
15.2%
Q3 24
-0.7%
15.0%
Q2 24
1.4%
14.5%
Q1 24
-1.9%
14.1%
Net Margin
EXPI
EXPI
G
G
Q4 25
-1.1%
10.8%
Q3 25
0.3%
11.3%
Q2 25
-0.2%
10.6%
Q1 25
-1.2%
10.8%
Q4 24
-0.9%
11.4%
Q3 24
-0.7%
11.0%
Q2 24
1.0%
10.4%
Q1 24
-1.7%
10.3%
EPS (diluted)
EXPI
EXPI
G
G
Q4 25
$-0.08
$0.82
Q3 25
$0.02
$0.83
Q2 25
$-0.01
$0.75
Q1 25
$-0.07
$0.73
Q4 24
$-0.06
$0.80
Q3 24
$-0.06
$0.74
Q2 24
$0.08
$0.67
Q1 24
$-0.10
$0.64

Balance Sheet & Financial Strength

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

Metric
EXPI
EXPI
G
G
Cash + ST InvestmentsLiquidity on hand
$124.2M
$1.2B
Total DebtLower is stronger
$1.5B
Stockholders' EquityBook value
$242.8M
$2.5B
Total Assets
$442.5M
$5.8B
Debt / EquityLower = less leverage
0.60×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
EXPI
EXPI
G
G
Q4 25
$124.2M
$1.2B
Q3 25
$112.8M
$740.8M
Q2 25
$94.6M
$663.3M
Q1 25
$115.7M
$561.6M
Q4 24
$113.6M
$671.6M
Q3 24
$130.4M
$1.0B
Q2 24
$108.4M
$914.2M
Q1 24
$109.2M
$478.4M
Total Debt
EXPI
EXPI
G
G
Q4 25
$1.5B
Q3 25
$1.2B
Q2 25
$1.2B
Q1 25
$1.2B
Q4 24
$1.2B
Q3 24
$1.6B
Q2 24
$1.6B
Q1 24
$1.2B
Stockholders' Equity
EXPI
EXPI
G
G
Q4 25
$242.8M
$2.5B
Q3 25
$235.3M
$2.5B
Q2 25
$218.4M
$2.6B
Q1 25
$212.0M
$2.5B
Q4 24
$204.9M
$2.4B
Q3 24
$211.1M
$2.4B
Q2 24
$220.3M
$2.3B
Q1 24
$222.4M
$2.3B
Total Assets
EXPI
EXPI
G
G
Q4 25
$442.5M
$5.8B
Q3 25
$458.7M
$5.4B
Q2 25
$481.2M
$5.3B
Q1 25
$435.8M
$4.9B
Q4 24
$390.7M
$5.0B
Q3 24
$432.6M
$5.3B
Q2 24
$457.4M
$5.2B
Q1 24
$426.7M
$4.7B
Debt / Equity
EXPI
EXPI
G
G
Q4 25
0.60×
Q3 25
0.47×
Q2 25
0.47×
Q1 25
0.50×
Q4 24
0.51×
Q3 24
0.68×
Q2 24
0.70×
Q1 24
0.54×

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
G
G
Operating Cash FlowLast quarter
$13.8M
$286.7M
Free Cash FlowOCF − Capex
$11.9M
$269.0M
FCF MarginFCF / Revenue
1.0%
20.4%
Capex IntensityCapex / Revenue
0.2%
1.3%
Cash ConversionOCF / Net Profit
2.00×
TTM Free Cash FlowTrailing 4 quarters
$109.0M
$734.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
EXPI
EXPI
G
G
Q4 25
$13.8M
$286.7M
Q3 25
$28.9M
$308.4M
Q2 25
$36.1M
$177.4M
Q1 25
$39.8M
$40.4M
Q4 24
$13.7M
$203.2M
Q3 24
$46.0M
$228.5M
Q2 24
$71.1M
$209.3M
Q1 24
$60.7M
$-25.6M
Free Cash Flow
EXPI
EXPI
G
G
Q4 25
$11.9M
$269.0M
Q3 25
$26.6M
$292.0M
Q2 25
$33.3M
$155.1M
Q1 25
$37.3M
$18.5M
Q4 24
$11.6M
$183.5M
Q3 24
$44.4M
$208.7M
Q2 24
$69.7M
$190.0M
Q1 24
$59.3M
$-49.6M
FCF Margin
EXPI
EXPI
G
G
Q4 25
1.0%
20.4%
Q3 25
2.0%
22.6%
Q2 25
2.5%
12.4%
Q1 25
3.9%
1.5%
Q4 24
1.1%
14.7%
Q3 24
3.6%
17.2%
Q2 24
5.4%
16.2%
Q1 24
6.3%
-4.4%
Capex Intensity
EXPI
EXPI
G
G
Q4 25
0.2%
1.3%
Q3 25
0.2%
1.3%
Q2 25
0.2%
1.8%
Q1 25
0.3%
1.8%
Q4 24
0.2%
1.6%
Q3 24
0.1%
1.6%
Q2 24
0.1%
1.6%
Q1 24
0.1%
2.1%
Cash Conversion
EXPI
EXPI
G
G
Q4 25
2.00×
Q3 25
8.26×
2.11×
Q2 25
1.34×
Q1 25
0.31×
Q4 24
1.43×
Q3 24
1.72×
Q2 24
5.75×
1.72×
Q1 24
-0.22×

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%

G
G

High Tech And Manufacturing$525.3M40%
Consumer And Healthcare$445.8M34%
Financial Services$348.2M26%

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