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Side-by-side financial comparison of eXp World Holdings, Inc. (EXPI) and Interpublic Group of Companies (The) (IPG). Click either name above to swap in a different company.

Interpublic Group of Companies (The) is the larger business by last-quarter revenue ($2.1B vs $1.2B, roughly 1.8× eXp World Holdings, Inc.). Interpublic Group of Companies (The) runs the higher net margin — 5.8% vs -1.1%, a 6.9% gap on every dollar of revenue. On growth, eXp World Holdings, Inc. posted the faster year-over-year revenue change (8.5% vs -4.8%). Interpublic Group of Companies (The) produced more free cash flow last quarter ($153.6M vs $11.9M). Over the past eight quarters, eXp World Holdings, Inc.'s revenue compounded faster (12.4% CAGR vs -9.1%).

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.

The Interpublic Group of Companies, Inc. (IPG) was an American advertising company based in New York City. It consisted of the five major networks FCB, IPG Mediabrands, McCann Worldgroup, MullenLowe Group and Marketing Specialists, as well as several independent specialty agencies in the areas of public relations, sports marketing, talent representation and healthcare. Prior to the Omnicom acquisition, it was one of the "Big Four" agency companies, alongside WPP, Publicis, and Omnicom. The co...

EXPI vs IPG — Head-to-Head

Bigger by revenue
IPG
IPG
1.8× larger
IPG
$2.1B
$1.2B
EXPI
Growing faster (revenue YoY)
EXPI
EXPI
+13.3% gap
EXPI
8.5%
-4.8%
IPG
Higher net margin
IPG
IPG
6.9% more per $
IPG
5.8%
-1.1%
EXPI
More free cash flow
IPG
IPG
$141.7M more FCF
IPG
$153.6M
$11.9M
EXPI
Faster 2-yr revenue CAGR
EXPI
EXPI
Annualised
EXPI
12.4%
-9.1%
IPG

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
EXPI
EXPI
IPG
IPG
Revenue
$1.2B
$2.1B
Net Profit
$-12.9M
$124.2M
Gross Margin
Operating Margin
-1.1%
10.3%
Net Margin
-1.1%
5.8%
Revenue YoY
8.5%
-4.8%
Net Profit YoY
-35.7%
517.9%
EPS (diluted)
$-0.08
$0.34

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
IPG
IPG
Q4 25
$1.2B
Q3 25
$1.3B
$2.1B
Q2 25
$1.3B
$2.2B
Q1 25
$954.9M
$2.0B
Q4 24
$1.1B
$2.4B
Q3 24
$1.2B
$2.2B
Q2 24
$1.3B
$2.3B
Q1 24
$943.1M
$2.2B
Net Profit
EXPI
EXPI
IPG
IPG
Q4 25
$-12.9M
Q3 25
$3.5M
$124.2M
Q2 25
$-2.3M
$162.5M
Q1 25
$-11.0M
$-85.4M
Q4 24
$-9.5M
$344.5M
Q3 24
$-8.5M
$20.1M
Q2 24
$12.4M
$214.5M
Q1 24
$-15.6M
$110.4M
Gross Margin
EXPI
EXPI
IPG
IPG
Q4 25
Q3 25
Q2 25
Q1 25
-3.2%
Q4 24
10.1%
Q3 24
99.9%
2.9%
Q2 24
99.9%
1.2%
Q1 24
-1.1%
Operating Margin
EXPI
EXPI
IPG
IPG
Q4 25
-1.1%
Q3 25
0.3%
10.3%
Q2 25
-0.2%
11.2%
Q1 25
-1.1%
-2.1%
Q4 24
-1.0%
23.3%
Q3 24
-0.7%
5.9%
Q2 24
1.4%
13.7%
Q1 24
-1.9%
8.4%
Net Margin
EXPI
EXPI
IPG
IPG
Q4 25
-1.1%
Q3 25
0.3%
5.8%
Q2 25
-0.2%
7.5%
Q1 25
-1.2%
-4.3%
Q4 24
-0.9%
14.1%
Q3 24
-0.7%
0.9%
Q2 24
1.0%
9.2%
Q1 24
-1.7%
5.1%
EPS (diluted)
EXPI
EXPI
IPG
IPG
Q4 25
$-0.08
Q3 25
$0.02
$0.34
Q2 25
$-0.01
$0.44
Q1 25
$-0.07
$-0.23
Q4 24
$-0.06
$0.92
Q3 24
$-0.06
$0.05
Q2 24
$0.08
$0.57
Q1 24
$-0.10
$0.29

Balance Sheet & Financial Strength

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

Metric
EXPI
EXPI
IPG
IPG
Cash + ST InvestmentsLiquidity on hand
$124.2M
$1.5B
Total DebtLower is stronger
Stockholders' EquityBook value
$242.8M
$3.7B
Total Assets
$442.5M
$17.0B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
EXPI
EXPI
IPG
IPG
Q4 25
$124.2M
Q3 25
$112.8M
$1.5B
Q2 25
$94.6M
$1.6B
Q1 25
$115.7M
$1.9B
Q4 24
$113.6M
$2.2B
Q3 24
$130.4M
$1.5B
Q2 24
$108.4M
$1.5B
Q1 24
$109.2M
$1.9B
Stockholders' Equity
EXPI
EXPI
IPG
IPG
Q4 25
$242.8M
Q3 25
$235.3M
$3.7B
Q2 25
$218.4M
$3.7B
Q1 25
$212.0M
$3.6B
Q4 24
$204.9M
$3.8B
Q3 24
$211.1M
$3.7B
Q2 24
$220.3M
$3.8B
Q1 24
$222.4M
$3.8B
Total Assets
EXPI
EXPI
IPG
IPG
Q4 25
$442.5M
Q3 25
$458.7M
$17.0B
Q2 25
$481.2M
$17.0B
Q1 25
$435.8M
$17.1B
Q4 24
$390.7M
$18.3B
Q3 24
$432.6M
$17.1B
Q2 24
$457.4M
$17.0B
Q1 24
$426.7M
$17.3B

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
IPG
IPG
Operating Cash FlowLast quarter
$13.8M
$180.1M
Free Cash FlowOCF − Capex
$11.9M
$153.6M
FCF MarginFCF / Revenue
1.0%
7.2%
Capex IntensityCapex / Revenue
0.2%
1.2%
Cash ConversionOCF / Net Profit
1.45×
TTM Free Cash FlowTrailing 4 quarters
$109.0M
$806.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
EXPI
EXPI
IPG
IPG
Q4 25
$13.8M
Q3 25
$28.9M
$180.1M
Q2 25
$36.1M
$-96.0M
Q1 25
$39.8M
$-37.0M
Q4 24
$13.7M
$868.1M
Q3 24
$46.0M
$223.8M
Q2 24
$71.1M
$120.7M
Q1 24
$60.7M
$-157.4M
Free Cash Flow
EXPI
EXPI
IPG
IPG
Q4 25
$11.9M
Q3 25
$26.6M
$153.6M
Q2 25
$33.3M
$-121.8M
Q1 25
$37.3M
$-58.5M
Q4 24
$11.6M
$833.5M
Q3 24
$44.4M
$186.5M
Q2 24
$69.7M
$85.9M
Q1 24
$59.3M
$-192.5M
FCF Margin
EXPI
EXPI
IPG
IPG
Q4 25
1.0%
Q3 25
2.0%
7.2%
Q2 25
2.5%
-5.6%
Q1 25
3.9%
-2.9%
Q4 24
1.1%
34.2%
Q3 24
3.6%
8.3%
Q2 24
5.4%
3.7%
Q1 24
6.3%
-8.8%
Capex Intensity
EXPI
EXPI
IPG
IPG
Q4 25
0.2%
Q3 25
0.2%
1.2%
Q2 25
0.2%
1.2%
Q1 25
0.3%
1.1%
Q4 24
0.2%
1.4%
Q3 24
0.1%
1.7%
Q2 24
0.1%
1.5%
Q1 24
0.1%
1.6%
Cash Conversion
EXPI
EXPI
IPG
IPG
Q4 25
Q3 25
8.26×
1.45×
Q2 25
-0.59×
Q1 25
Q4 24
2.52×
Q3 24
11.13×
Q2 24
5.75×
0.56×
Q1 24
-1.43×

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%

IPG
IPG

MDE$619.0M29%
IAC$574.9M27%
Other$527.9M25%
SCE$413.8M19%

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