Overview
U.S. real estate services platform's Q4 2025 revenue fell 1.2% yr/yr amid lower transactions
Adjusted EBITDA loss for Q4 narrowed, driven by reduced marketing and administrative expenses
Outlook
Company has elected to withhold guidance for Q1 2026
Fathom plans to release 2026 guidance with its Q2 2026 earnings
Result Drivers
LOWER TRANSACTION VOLUME - Co said Q4 real estate transactions fell 14.2% yr/yr due to continued softness in the residential market and affordability constraints
BROKERAGE REVENUE DECLINE - Brokerage revenue dropped 3.2% yr/yr, mainly due to fewer real estate transactions
MORTGAGE AND TITLE GROWTH - Mortgage revenue rose 70% and title revenue rose 38.5% yr/yr, partially offsetting declines in brokerage
Company press release: ID:nPn11V3MXa
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q4 Revenue | Miss | $90.6 mln | $97.55 mln (1 Analyst) |
Q4 Net Income |
| -$6.7 mln |
|
Analyst Coverage
The one available analyst rating on the shares is "buy"
The average consensus recommendation for the real estate services peer group is "buy"
Wall Street's median 12-month price target for Fathom Holdings Inc is $2.50, about 252.1% above its March 27 closing price of $0.71
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