vs

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

Hudbay Minerals Inc. is the larger business by last-quarter revenue ($2.0B vs $1.2B, roughly 1.7× eXp World Holdings, Inc.). Hudbay Minerals Inc. runs the higher net margin — 3.4% vs -1.1%, a 4.4% gap on every dollar of revenue.

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.

Hudbay Minerals Inc. is a Canadian mining company that produces copper, gold, silver, zinc, and molybdenum. In 2024, the company produced 137,943 tonnes of copper, 332,240 ounces of gold, 3,983,851 ounces of silver, 33,339 tonnes of zinc, and 1,323 tonnes of molybdenum. In 2024, copper sales represented 57% of revenue, gold sales represented 33% of revenue, and zinc sales represented 4% of revenue.

EXPI vs HBM — Head-to-Head

Bigger by revenue
HBM
HBM
1.7× larger
HBM
$2.0B
$1.2B
EXPI
Higher net margin
HBM
HBM
4.4% more per $
HBM
3.4%
-1.1%
EXPI

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
EXPI
EXPI
HBM
HBM
Revenue
$1.2B
$2.0B
Net Profit
$-12.9M
$67.8M
Gross Margin
27.4%
Operating Margin
-1.1%
Net Margin
-1.1%
3.4%
Revenue YoY
8.5%
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
HBM
HBM
Q1 26
$2.0B
Q4 25
$1.2B
Q3 25
$1.3B
Q2 25
$1.3B
Q1 25
$954.9M
$525.0M
Q4 24
$1.1B
$1.4B
Q3 24
$1.2B
Q2 24
$1.3B
Net Profit
EXPI
EXPI
HBM
HBM
Q1 26
$67.8M
Q4 25
$-12.9M
Q3 25
$3.5M
Q2 25
$-2.3M
Q1 25
$-11.0M
$18.5M
Q4 24
$-9.5M
Q3 24
$-8.5M
Q2 24
$12.4M
Gross Margin
EXPI
EXPI
HBM
HBM
Q1 26
27.4%
Q4 25
Q3 25
Q2 25
Q1 25
29.0%
Q4 24
Q3 24
99.9%
Q2 24
99.9%
Operating Margin
EXPI
EXPI
HBM
HBM
Q1 26
Q4 25
-1.1%
Q3 25
0.3%
Q2 25
-0.2%
Q1 25
-1.1%
Q4 24
-1.0%
Q3 24
-0.7%
Q2 24
1.4%
Net Margin
EXPI
EXPI
HBM
HBM
Q1 26
3.4%
Q4 25
-1.1%
Q3 25
0.3%
Q2 25
-0.2%
Q1 25
-1.2%
3.5%
Q4 24
-0.9%
Q3 24
-0.7%
Q2 24
1.0%
EPS (diluted)
EXPI
EXPI
HBM
HBM
Q1 26
Q4 25
$-0.08
Q3 25
$0.02
Q2 25
$-0.01
Q1 25
$-0.07
Q4 24
$-0.06
Q3 24
$-0.06
Q2 24
$0.08

Balance Sheet & Financial Strength

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

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

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
EXPI
EXPI
HBM
HBM
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
Stockholders' Equity
EXPI
EXPI
HBM
HBM
Q1 26
Q4 25
$242.8M
Q3 25
$235.3M
Q2 25
$218.4M
Q1 25
$212.0M
Q4 24
$204.9M
Q3 24
$211.1M
Q2 24
$220.3M
Total Assets
EXPI
EXPI
HBM
HBM
Q1 26
Q4 25
$442.5M
Q3 25
$458.7M
Q2 25
$481.2M
Q1 25
$435.8M
Q4 24
$390.7M
Q3 24
$432.6M
Q2 24
$457.4M

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
HBM
HBM
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
EXPI
EXPI
HBM
HBM
Q1 26
Q4 25
$13.8M
Q3 25
$28.9M
Q2 25
$36.1M
Q1 25
$39.8M
Q4 24
$13.7M
Q3 24
$46.0M
Q2 24
$71.1M
Free Cash Flow
EXPI
EXPI
HBM
HBM
Q1 26
Q4 25
$11.9M
Q3 25
$26.6M
Q2 25
$33.3M
Q1 25
$37.3M
Q4 24
$11.6M
Q3 24
$44.4M
Q2 24
$69.7M
FCF Margin
EXPI
EXPI
HBM
HBM
Q1 26
Q4 25
1.0%
Q3 25
2.0%
Q2 25
2.5%
Q1 25
3.9%
Q4 24
1.1%
Q3 24
3.6%
Q2 24
5.4%
Capex Intensity
EXPI
EXPI
HBM
HBM
Q1 26
Q4 25
0.2%
Q3 25
0.2%
Q2 25
0.2%
Q1 25
0.3%
Q4 24
0.2%
Q3 24
0.1%
Q2 24
0.1%
Cash Conversion
EXPI
EXPI
HBM
HBM
Q1 26
Q4 25
Q3 25
8.26×
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
5.75×

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%

HBM
HBM

Segment breakdown not available.

Related Comparisons