Anywhere Real Estate reported mixed Q3 2025 results, with revenue growth offset by a net loss and a decline in Operating EBITDA. The company is progressing with its proposed merger with Compass and is on track to achieve significant cost savings.
Revenue increased by $91 million year-over-year to $1.6 billion, a 6% increase.
positiveCombined closed transaction volume increased 7% year-over-year, outperforming the market.
positiveLuxury segment brands (Coldwell Banker Global Luxury, Corcoran, Sotheby’s International Realty) showed strong performance with 12% volume increase.
positiveWelcomed 13 new US franchisees and one new international expansion.
positiveRealized $28 million in cost savings in Q3, on track for $100 million in FY2025.
positiveReported a Net Loss attributable to Anywhere of $13 million, a decline of $20 million year-over-year.
negativeOperating EBITDA decreased by $8 million year-over-year to $100 million, inclusive of a $24 million expense related to mark-to-market of RSU awards.
attentionAdjusted Net Income decreased $16 million to zero versus Q3 2024.
negativeFree Cash Flow decreased by $7 million year-over-year to $92 million.
attentionMargin expansion indicates improving profitability and operational efficiency. Measured in basis points (bps): 100 bps = 1.0%.
Forward-looking guidance is subject to change and does not constitute a guarantee. Actual results may differ materially from these estimates.
Special items are non-recurring events that may distort period-over-period comparisons. Analysts typically adjust for these when calculating normalized earnings.
Proposed merger with Compass is expected to create a premier platform for agents, franchisees, and employees.
Company is on track to achieve $100 million in cost savings for full year 2025.
Team is committed to advancing strategic vision while delivering better experiences faster and at lower costs.
Commentary excerpts from earnings call transcripts provide management's perspective on performance, strategy, and outlook. Always review full transcripts for complete context.
Operational metrics provide insight into business drivers and customer engagement beyond traditional financial measures.