Douglas Elliman Inc. reported revenues of $262.8 million for the third quarter of 2025, compared to $266.3 million in the same period of 2024. The company recorded an operating loss of $10.7 million and a net loss of $24.7 million, or $0.29 per diluted common share, for the third quarter of 2025, compared to an operating loss of $7.4 million and a net loss of $27.2 million, or $0.33 per diluted common share, in the third quarter of 2024. For the nine months ended September 30, 2025, revenues were $787.6 million, up 4.7% from $752.3 million in the prior-year period. The operating loss for the nine months was $21.5 million, compared to $52.6 million in the same period of 2024. Net loss for the nine months was $53.3 million, or $0.63 per diluted common share, compared to $70.3 million, or $0.84 per diluted common share, in the prior year. The company reported significant improvements in net loss, adjusted net loss, and adjusted EBITDA for the period.