vs

Side-by-side financial comparison of eXp World Holdings, Inc. (EXPI) and LOGITECH INTERNATIONAL S.A. (LOGI). Click either name above to swap in a different company.

LOGITECH INTERNATIONAL S.A. is the larger business by last-quarter revenue ($1.4B vs $1.2B, roughly 1.2× eXp World Holdings, Inc.). LOGITECH INTERNATIONAL S.A. runs the higher net margin — 17.7% vs -1.1%, a 18.7% gap on every dollar of revenue. On growth, eXp World Holdings, Inc. posted the faster year-over-year revenue change (8.5% vs 6.1%). LOGITECH INTERNATIONAL S.A. produced more free cash flow last quarter ($465.6M vs $11.9M). Over the past eight quarters, LOGITECH INTERNATIONAL S.A.'s revenue compounded faster (18.5% CAGR vs 12.4%).

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.

Logitech International S.A. is a Swiss multinational manufacturer of computer peripherals and software. Headquartered in Lausanne, Switzerland, the company has offices throughout Europe, Asia, Oceania, and the Americas. It is a component of the Swiss Market Index, and is listed on the Nasdaq.

EXPI vs LOGI — Head-to-Head

Bigger by revenue
LOGI
LOGI
1.2× larger
LOGI
$1.4B
$1.2B
EXPI
Growing faster (revenue YoY)
EXPI
EXPI
+2.5% gap
EXPI
8.5%
6.1%
LOGI
Higher net margin
LOGI
LOGI
18.7% more per $
LOGI
17.7%
-1.1%
EXPI
More free cash flow
LOGI
LOGI
$453.7M more FCF
LOGI
$465.6M
$11.9M
EXPI
Faster 2-yr revenue CAGR
LOGI
LOGI
Annualised
LOGI
18.5%
12.4%
EXPI

Income Statement — Q4 FY2025 vs Q3 FY2026

Metric
EXPI
EXPI
LOGI
LOGI
Revenue
$1.2B
$1.4B
Net Profit
$-12.9M
$251.0M
Gross Margin
43.2%
Operating Margin
-1.1%
20.1%
Net Margin
-1.1%
17.7%
Revenue YoY
8.5%
6.1%
Net Profit YoY
-35.7%
25.4%
EPS (diluted)
$-0.08
$1.69

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
LOGI
LOGI
Q4 25
$1.2B
$1.4B
Q3 25
$1.3B
$1.2B
Q2 25
$1.3B
$1.1B
Q1 25
$954.9M
$1.0B
Q4 24
$1.1B
$1.3B
Q3 24
$1.2B
$1.1B
Q2 24
$1.3B
$1.1B
Q1 24
$943.1M
$1.0B
Net Profit
EXPI
EXPI
LOGI
LOGI
Q4 25
$-12.9M
$251.0M
Q3 25
$3.5M
$170.7M
Q2 25
$-2.3M
$146.0M
Q1 25
$-11.0M
$144.1M
Q4 24
$-9.5M
$200.1M
Q3 24
$-8.5M
$145.5M
Q2 24
$12.4M
$141.8M
Q1 24
$-15.6M
$167.6M
Gross Margin
EXPI
EXPI
LOGI
LOGI
Q4 25
43.2%
Q3 25
43.4%
Q2 25
41.7%
Q1 25
43.1%
Q4 24
42.9%
Q3 24
99.9%
43.6%
Q2 24
99.9%
42.8%
Q1 24
43.2%
Operating Margin
EXPI
EXPI
LOGI
LOGI
Q4 25
-1.1%
20.1%
Q3 25
0.3%
16.1%
Q2 25
-0.2%
14.1%
Q1 25
-1.1%
10.5%
Q4 24
-1.0%
17.5%
Q3 24
-0.7%
14.4%
Q2 24
1.4%
14.1%
Q1 24
-1.9%
12.9%
Net Margin
EXPI
EXPI
LOGI
LOGI
Q4 25
-1.1%
17.7%
Q3 25
0.3%
14.4%
Q2 25
-0.2%
12.7%
Q1 25
-1.2%
14.3%
Q4 24
-0.9%
14.9%
Q3 24
-0.7%
13.0%
Q2 24
1.0%
13.0%
Q1 24
-1.7%
16.6%
EPS (diluted)
EXPI
EXPI
LOGI
LOGI
Q4 25
$-0.08
$1.69
Q3 25
$0.02
$1.15
Q2 25
$-0.01
$0.98
Q1 25
$-0.07
$0.94
Q4 24
$-0.06
$1.32
Q3 24
$-0.06
$0.95
Q2 24
$0.08
$0.92
Q1 24
$-0.10
$1.07

Balance Sheet & Financial Strength

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

Metric
EXPI
EXPI
LOGI
LOGI
Cash + ST InvestmentsLiquidity on hand
$124.2M
$1.8B
Total DebtLower is stronger
Stockholders' EquityBook value
$242.8M
$2.3B
Total Assets
$442.5M
$4.1B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
EXPI
EXPI
LOGI
LOGI
Q4 25
$124.2M
$1.8B
Q3 25
$112.8M
$1.4B
Q2 25
$94.6M
$1.5B
Q1 25
$115.7M
$1.5B
Q4 24
$113.6M
$1.5B
Q3 24
$130.4M
$1.4B
Q2 24
$108.4M
$1.5B
Q1 24
$109.2M
$1.5B
Stockholders' Equity
EXPI
EXPI
LOGI
LOGI
Q4 25
$242.8M
$2.3B
Q3 25
$235.3M
$2.1B
Q2 25
$218.4M
$2.2B
Q1 25
$212.0M
$2.1B
Q4 24
$204.9M
$2.1B
Q3 24
$211.1M
$2.1B
Q2 24
$220.3M
$2.2B
Q1 24
$222.4M
$2.2B
Total Assets
EXPI
EXPI
LOGI
LOGI
Q4 25
$442.5M
$4.1B
Q3 25
$458.7M
$3.7B
Q2 25
$481.2M
$3.7B
Q1 25
$435.8M
$3.5B
Q4 24
$390.7M
$3.7B
Q3 24
$432.6M
$3.6B
Q2 24
$457.4M
$3.7B
Q1 24
$426.7M
$3.6B

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
LOGI
LOGI
Operating Cash FlowLast quarter
$13.8M
$480.5M
Free Cash FlowOCF − Capex
$11.9M
$465.6M
FCF MarginFCF / Revenue
1.0%
32.8%
Capex IntensityCapex / Revenue
0.2%
1.0%
Cash ConversionOCF / Net Profit
1.91×
TTM Free Cash FlowTrailing 4 quarters
$109.0M
$903.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
EXPI
EXPI
LOGI
LOGI
Q4 25
$13.8M
$480.5M
Q3 25
$28.9M
$228.8M
Q2 25
$36.1M
$125.0M
Q1 25
$39.8M
$129.7M
Q4 24
$13.7M
$370.9M
Q3 24
$46.0M
$166.0M
Q2 24
$71.1M
$176.0M
Q1 24
$60.7M
$239.1M
Free Cash Flow
EXPI
EXPI
LOGI
LOGI
Q4 25
$11.9M
$465.6M
Q3 25
$26.6M
$212.3M
Q2 25
$33.3M
$108.8M
Q1 25
$37.3M
$116.9M
Q4 24
$11.6M
$356.6M
Q3 24
$44.4M
$151.5M
Q2 24
$69.7M
$161.4M
Q1 24
$59.3M
$228.8M
FCF Margin
EXPI
EXPI
LOGI
LOGI
Q4 25
1.0%
32.8%
Q3 25
2.0%
17.9%
Q2 25
2.5%
9.5%
Q1 25
3.9%
11.6%
Q4 24
1.1%
26.6%
Q3 24
3.6%
13.6%
Q2 24
5.4%
14.8%
Q1 24
6.3%
22.6%
Capex Intensity
EXPI
EXPI
LOGI
LOGI
Q4 25
0.2%
1.0%
Q3 25
0.2%
1.4%
Q2 25
0.2%
1.4%
Q1 25
0.3%
1.3%
Q4 24
0.2%
1.1%
Q3 24
0.1%
1.3%
Q2 24
0.1%
1.3%
Q1 24
0.1%
1.0%
Cash Conversion
EXPI
EXPI
LOGI
LOGI
Q4 25
1.91×
Q3 25
8.26×
1.34×
Q2 25
0.86×
Q1 25
0.90×
Q4 24
1.85×
Q3 24
1.14×
Q2 24
5.75×
1.24×
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%

LOGI
LOGI

Retail Gaming$482.7M34%
Retail Keyboards Desktops$254.6M18%
Retail Pointing Devices$241.2M17%
Retail Video Collaboration$193.3M14%
Retail Tablet And Other Accessories$93.6M7%
Retail Webcams$82.3M6%
Retail Headsets$45.9M3%
Other Retail Products$28.0M2%

Related Comparisons