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Side-by-side financial comparison of eXp World Holdings, Inc. (EXPI) and Reddit, Inc. (RDDT). 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 $663.0M, roughly 1.8× Reddit, Inc.). Reddit, Inc. runs the higher net margin — 30.8% vs -1.1%, a 31.9% gap on every dollar of revenue. On growth, Reddit, Inc. posted the faster year-over-year revenue change (69.0% vs 8.5%). Reddit, Inc. produced more free cash flow last quarter ($311.0M vs $11.9M). Over the past eight quarters, Reddit, Inc.'s revenue compounded faster (53.6% 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.

Reddit is an American proprietary social news aggregation and forum social media platform. Registered users submit content to the site such as links, text posts, images, and videos, which are then voted up or down by other members. Posts are organized by subject into user-created boards called "subreddits". Submissions with more upvotes appear towards the top of their subreddit and, if they receive enough upvotes, ultimately on the site's front page. Reddit administrators moderate the communi...

EXPI vs RDDT — Head-to-Head

Bigger by revenue
EXPI
EXPI
1.8× larger
EXPI
$1.2B
$663.0M
RDDT
Growing faster (revenue YoY)
RDDT
RDDT
+60.5% gap
RDDT
69.0%
8.5%
EXPI
Higher net margin
RDDT
RDDT
31.9% more per $
RDDT
30.8%
-1.1%
EXPI
More free cash flow
RDDT
RDDT
$299.1M more FCF
RDDT
$311.0M
$11.9M
EXPI
Faster 2-yr revenue CAGR
RDDT
RDDT
Annualised
RDDT
53.6%
12.4%
EXPI

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
EXPI
EXPI
RDDT
RDDT
Revenue
$1.2B
$663.0M
Net Profit
$-12.9M
$204.0M
Gross Margin
100.0%
Operating Margin
-1.1%
0.0%
Net Margin
-1.1%
30.8%
Revenue YoY
8.5%
69.0%
Net Profit YoY
-35.7%
680.0%
EPS (diluted)
$-0.08
$1.01

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
RDDT
RDDT
Q1 26
$663.0M
Q4 25
$1.2B
$725.6M
Q3 25
$1.3B
$584.9M
Q2 25
$1.3B
$499.6M
Q1 25
$954.9M
$392.4M
Q4 24
$1.1B
$427.7M
Q3 24
$1.2B
$348.4M
Q2 24
$1.3B
$281.2M
Net Profit
EXPI
EXPI
RDDT
RDDT
Q1 26
$204.0M
Q4 25
$-12.9M
$251.6M
Q3 25
$3.5M
$162.7M
Q2 25
$-2.3M
$89.3M
Q1 25
$-11.0M
$26.2M
Q4 24
$-9.5M
$71.0M
Q3 24
$-8.5M
$29.9M
Q2 24
$12.4M
$-10.1M
Gross Margin
EXPI
EXPI
RDDT
RDDT
Q1 26
100.0%
Q4 25
91.9%
Q3 25
91.0%
Q2 25
90.8%
Q1 25
90.5%
Q4 24
92.6%
Q3 24
99.9%
90.1%
Q2 24
99.9%
89.5%
Operating Margin
EXPI
EXPI
RDDT
RDDT
Q1 26
0.0%
Q4 25
-1.1%
31.9%
Q3 25
0.3%
23.7%
Q2 25
-0.2%
13.6%
Q1 25
-1.1%
1.0%
Q4 24
-1.0%
12.4%
Q3 24
-0.7%
2.0%
Q2 24
1.4%
-11.0%
Net Margin
EXPI
EXPI
RDDT
RDDT
Q1 26
30.8%
Q4 25
-1.1%
34.7%
Q3 25
0.3%
27.8%
Q2 25
-0.2%
17.9%
Q1 25
-1.2%
6.7%
Q4 24
-0.9%
16.6%
Q3 24
-0.7%
8.6%
Q2 24
1.0%
-3.6%
EPS (diluted)
EXPI
EXPI
RDDT
RDDT
Q1 26
$1.01
Q4 25
$-0.08
$1.24
Q3 25
$0.02
$0.80
Q2 25
$-0.01
$0.45
Q1 25
$-0.07
$0.13
Q4 24
$-0.06
$4.76
Q3 24
$-0.06
$0.16
Q2 24
$0.08
$-0.06

Balance Sheet & Financial Strength

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

Metric
EXPI
EXPI
RDDT
RDDT
Cash + ST InvestmentsLiquidity on hand
$124.2M
$1.4B
Total DebtLower is stronger
Stockholders' EquityBook value
$242.8M
$3.2B
Total Assets
$442.5M
$3.5B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
EXPI
EXPI
RDDT
RDDT
Q1 26
$1.4B
Q4 25
$124.2M
$953.6M
Q3 25
$112.8M
$911.7M
Q2 25
$94.6M
$734.1M
Q1 25
$115.7M
$635.7M
Q4 24
$113.6M
$562.1M
Q3 24
$130.4M
$515.9M
Q2 24
$108.4M
$468.0M
Stockholders' Equity
EXPI
EXPI
RDDT
RDDT
Q1 26
$3.2B
Q4 25
$242.8M
$2.9B
Q3 25
$235.3M
$2.6B
Q2 25
$218.4M
$2.4B
Q1 25
$212.0M
$2.2B
Q4 24
$204.9M
$2.1B
Q3 24
$211.1M
$2.0B
Q2 24
$220.3M
$1.9B
Total Assets
EXPI
EXPI
RDDT
RDDT
Q1 26
$3.5B
Q4 25
$442.5M
$3.2B
Q3 25
$458.7M
$2.9B
Q2 25
$481.2M
$2.6B
Q1 25
$435.8M
$2.4B
Q4 24
$390.7M
$2.3B
Q3 24
$432.6M
$2.2B
Q2 24
$457.4M
$2.1B

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
RDDT
RDDT
Operating Cash FlowLast quarter
$13.8M
Free Cash FlowOCF − Capex
$11.9M
$311.0M
FCF MarginFCF / Revenue
1.0%
46.9%
Capex IntensityCapex / Revenue
0.2%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$109.0M
$868.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
EXPI
EXPI
RDDT
RDDT
Q1 26
Q4 25
$13.8M
$266.8M
Q3 25
$28.9M
$185.2M
Q2 25
$36.1M
$111.3M
Q1 25
$39.8M
$127.6M
Q4 24
$13.7M
$90.0M
Q3 24
$46.0M
$71.6M
Q2 24
$71.1M
$28.4M
Free Cash Flow
EXPI
EXPI
RDDT
RDDT
Q1 26
$311.0M
Q4 25
$11.9M
$263.6M
Q3 25
$26.6M
$183.1M
Q2 25
$33.3M
$110.8M
Q1 25
$37.3M
$126.6M
Q4 24
$11.6M
$89.2M
Q3 24
$44.4M
$70.3M
Q2 24
$69.7M
$27.2M
FCF Margin
EXPI
EXPI
RDDT
RDDT
Q1 26
46.9%
Q4 25
1.0%
36.3%
Q3 25
2.0%
31.3%
Q2 25
2.5%
22.2%
Q1 25
3.9%
32.3%
Q4 24
1.1%
20.8%
Q3 24
3.6%
20.2%
Q2 24
5.4%
9.7%
Capex Intensity
EXPI
EXPI
RDDT
RDDT
Q1 26
Q4 25
0.2%
0.4%
Q3 25
0.2%
0.4%
Q2 25
0.2%
0.1%
Q1 25
0.3%
0.2%
Q4 24
0.2%
0.2%
Q3 24
0.1%
0.4%
Q2 24
0.1%
0.4%
Cash Conversion
EXPI
EXPI
RDDT
RDDT
Q1 26
Q4 25
1.06×
Q3 25
8.26×
1.14×
Q2 25
1.25×
Q1 25
4.88×
Q4 24
1.27×
Q3 24
2.40×
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%

RDDT
RDDT

Segment breakdown not available.

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