Douglas Elliman shared its Q3 2026 results, showing $252.1 million in sales and a profit of $7.4 million.

Nov 10, 2026, 8:25 AM ETResultsRead the original at Benzinga

Neutral

Douglas Elliman's Q3 net income turned positive, but sales fell and adjusted EBITDA swung to a loss. These conflicting results leave its business outlook unchanged.

DOUG · Douglas Elliman

AI read · Neutral

The AI's read

Net income turned positive, but adjusted EBITDA moved from $1 million in income to a $5.3 million loss. The sales drop followed the sale of its property-management business. Cash and the $10 million repurchase program provide support, but expected cost savings begin in 2027. These facts point in different directions.

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