Fathom Holdings Inc ( (FTHM) ) has released its Q2 earnings. Here is a breakdown of the information Fathom Holdings Inc presented to its investors.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Fathom Holdings Inc. is a technology-driven real estate services platform that integrates residential brokerage, mortgage, title, and SaaS offerings for brokerages and agents, leveraging its proprietary cloud-based software, intelliAgent. The company operates in the real estate sector and is known for its comprehensive service offerings and innovative technology solutions.
In its second quarter of 2025, Fathom Holdings reported a significant 36% year-over-year revenue growth, driven by a 25% increase in transaction volume. The company also saw a 23% rise in its agent count and marked a return to adjusted EBITDA profitability, highlighting the effectiveness of its diversified growth strategy.
Key financial highlights include a total revenue increase to $121.4 million, with brokerage revenue rising by 39.6% and title revenue surging by 88%. Despite a decrease in mortgage revenue, the company achieved a gross profit increase of 24.7% to $9.4 million. Operationally, Fathom expanded its agent network by 22.6% and successfully onboarded 70 agents to its Elevate program, which aims to boost agent productivity.
Looking ahead, Fathom Holdings is focused on scaling its topline revenue and gross profit, with a clear trajectory toward sustained adjusted EBITDA profitability. The company is well-positioned to capitalize on market opportunities and drive long-term growth, supported by its expanding agent network, ancillary services, and strategic partnerships.