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

eXp World Holdings, Inc. is the larger business by last-quarter revenue ($1.2B vs $639.7M, roughly 1.9× Pattern Group Inc.). eXp World Holdings, Inc. runs the higher net margin — -1.1% vs -9.2%, a 8.2% gap on every dollar of revenue. Pattern Group Inc. produced more free cash flow last quarter ($75.7M vs $11.9M).

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.

Pattern Energy Group LP is an American company that develops, owns and operates utility scale wind and solar power facilities in the United States, Canada, and Mexico. It is headquartered in San Francisco, California with an operations center in Houston, Texas.

EXPI vs PTRN — Head-to-Head

Bigger by revenue
EXPI
EXPI
1.9× larger
EXPI
$1.2B
$639.7M
PTRN
Higher net margin
EXPI
EXPI
8.2% more per $
EXPI
-1.1%
-9.2%
PTRN
More free cash flow
PTRN
PTRN
$63.8M more FCF
PTRN
$75.7M
$11.9M
EXPI

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
EXPI
EXPI
PTRN
PTRN
Revenue
$1.2B
$639.7M
Net Profit
$-12.9M
$-59.1M
Gross Margin
44.3%
Operating Margin
-1.1%
-9.4%
Net Margin
-1.1%
-9.2%
Revenue YoY
8.5%
Net Profit YoY
-35.7%
EPS (diluted)
$-0.08
$-2.19

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
PTRN
PTRN
Q4 25
$1.2B
Q3 25
$1.3B
$639.7M
Q2 25
$1.3B
Q1 25
$954.9M
Q4 24
$1.1B
Q3 24
$1.2B
Q2 24
$1.3B
Q1 24
$943.1M
Net Profit
EXPI
EXPI
PTRN
PTRN
Q4 25
$-12.9M
Q3 25
$3.5M
$-59.1M
Q2 25
$-2.3M
Q1 25
$-11.0M
Q4 24
$-9.5M
Q3 24
$-8.5M
Q2 24
$12.4M
Q1 24
$-15.6M
Gross Margin
EXPI
EXPI
PTRN
PTRN
Q4 25
Q3 25
44.3%
Q2 25
Q1 25
Q4 24
Q3 24
99.9%
Q2 24
99.9%
Q1 24
Operating Margin
EXPI
EXPI
PTRN
PTRN
Q4 25
-1.1%
Q3 25
0.3%
-9.4%
Q2 25
-0.2%
Q1 25
-1.1%
Q4 24
-1.0%
Q3 24
-0.7%
Q2 24
1.4%
Q1 24
-1.9%
Net Margin
EXPI
EXPI
PTRN
PTRN
Q4 25
-1.1%
Q3 25
0.3%
-9.2%
Q2 25
-0.2%
Q1 25
-1.2%
Q4 24
-0.9%
Q3 24
-0.7%
Q2 24
1.0%
Q1 24
-1.7%
EPS (diluted)
EXPI
EXPI
PTRN
PTRN
Q4 25
$-0.08
Q3 25
$0.02
$-2.19
Q2 25
$-0.01
Q1 25
$-0.07
Q4 24
$-0.06
Q3 24
$-0.06
Q2 24
$0.08
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
PTRN
PTRN
Cash + ST InvestmentsLiquidity on hand
$124.2M
$312.8M
Total DebtLower is stronger
Stockholders' EquityBook value
$242.8M
$541.4M
Total Assets
$442.5M
$843.1M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
EXPI
EXPI
PTRN
PTRN
Q4 25
$124.2M
Q3 25
$112.8M
$312.8M
Q2 25
$94.6M
Q1 25
$115.7M
Q4 24
$113.6M
Q3 24
$130.4M
Q2 24
$108.4M
Q1 24
$109.2M
Stockholders' Equity
EXPI
EXPI
PTRN
PTRN
Q4 25
$242.8M
Q3 25
$235.3M
$541.4M
Q2 25
$218.4M
Q1 25
$212.0M
Q4 24
$204.9M
Q3 24
$211.1M
Q2 24
$220.3M
Q1 24
$222.4M
Total Assets
EXPI
EXPI
PTRN
PTRN
Q4 25
$442.5M
Q3 25
$458.7M
$843.1M
Q2 25
$481.2M
Q1 25
$435.8M
Q4 24
$390.7M
Q3 24
$432.6M
Q2 24
$457.4M
Q1 24
$426.7M

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
PTRN
PTRN
Operating Cash FlowLast quarter
$13.8M
$90.9M
Free Cash FlowOCF − Capex
$11.9M
$75.7M
FCF MarginFCF / Revenue
1.0%
11.8%
Capex IntensityCapex / Revenue
0.2%
2.4%
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
PTRN
PTRN
Q4 25
$13.8M
Q3 25
$28.9M
$90.9M
Q2 25
$36.1M
Q1 25
$39.8M
Q4 24
$13.7M
Q3 24
$46.0M
Q2 24
$71.1M
Q1 24
$60.7M
Free Cash Flow
EXPI
EXPI
PTRN
PTRN
Q4 25
$11.9M
Q3 25
$26.6M
$75.7M
Q2 25
$33.3M
Q1 25
$37.3M
Q4 24
$11.6M
Q3 24
$44.4M
Q2 24
$69.7M
Q1 24
$59.3M
FCF Margin
EXPI
EXPI
PTRN
PTRN
Q4 25
1.0%
Q3 25
2.0%
11.8%
Q2 25
2.5%
Q1 25
3.9%
Q4 24
1.1%
Q3 24
3.6%
Q2 24
5.4%
Q1 24
6.3%
Capex Intensity
EXPI
EXPI
PTRN
PTRN
Q4 25
0.2%
Q3 25
0.2%
2.4%
Q2 25
0.2%
Q1 25
0.3%
Q4 24
0.2%
Q3 24
0.1%
Q2 24
0.1%
Q1 24
0.1%
Cash Conversion
EXPI
EXPI
PTRN
PTRN
Q4 25
Q3 25
8.26×
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
5.75×
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%

PTRN
PTRN

Amazon.com$549.2M86%
Amazon Marketplaces International$43.4M7%
Other Online Marketplaces And Channels$39.4M6%
Saa S Logistics And Other Revenue$7.7M1%

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