Fathom Holdings (FTHM)
NASDAQ:FTHM
Earnings Data
Report Date
May 07, 2026After Close (Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
―Last Year’s EPS
-0.18Same Quarter Last Year
Moderate Buy
Based on 1 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call conveyed meaningful progress: strong full-year revenue growth (+25.4%), higher gross profit (+20.8%), notable ancillary momentum (mortgage +70% Q4, title +38% Q4), and concrete margin-improving actions (Edge, $250 fee, monthly agent fees) that should lift unit economics even if transaction volumes remain muted. However, near-term headwinds are material: Q4 transaction declines (-14.2%), continued GAAP losses, low cash ($5.7M) requiring financing, elevated cancellation rates, and title scaling losses. On balance, management presented credible operational levers and early financial improvements that outweigh the short-term market weakness, but execution and liquidity remain key risks.Company Guidance
Full-Year Revenue Growth
Total revenue for FY2025 was $420.5M, an increase of 25.4% year-over-year from $335.2M in FY2024, driven primarily by the acquisition of My Home Group and growth in ancillary businesses.
Gross Profit and Margin Improvement (Quarter)
Q4 2025 gross profit increased to $7.1M from $6.7M in Q4 2024 and gross profit margin improved to 8.1% from 7.2% year-over-year, driven by higher contribution from mortgage, title and Elevate.
Full-Year Gross Profit and Adjusted EBITDA Progress
FY2025 gross profit rose 20.8% to $34.2M from $28.3M, and adjusted EBITDA loss improved to a $4.0M loss from a $5.7M loss in 2024 (approximately 29.8% improvement year-over-year).
Strong Ancillary Business Momentum
Mortgage revenue in Q4 2025 grew ~70% to $3.4M (Q4 2024: $2.0M); title revenue in Q4 grew ~38.5% to $1.8M (Q4 2024: $1.3M). FY mortgage revenue rose 17.4% to $12.8M and FY title revenue rose 37.8% to $6.2M.
Mortgage Operating Leverage
Mortgage adjusted EBITDA loss improved to ~$(0.2)M in Q4 2025 from $(0.6)M in Q4 2024, and full-year mortgage adjusted EBITDA loss improved ~67% to $(0.5)M from $(1.5)M in 2024; Q1 2026 file starts up >150% year-over-year.
Strategic Pricing and Fee Changes to Improve Unit Economics
Introduced Fathom Edge (7% split with $9,000 cap) for new agents, moved to a $75 monthly fee (vs. $700 annual) increasing potential annual agent fees by ~28.6% to $900, introduced a $250 transaction fee; company projects these changes could add materially to gross profit (examples: >$1M from fee structure change; $2.5M on 10,000 transactions from $250 fee).
Scaling Higher-Margin Programs and Lead Generation
Elevate and START carry higher gross profit margins (estimated 20%–50%). Currently generating >4,000 leads/month across Elevate and START (creating >200 active customer opportunities) with a target of >20,000 leads/month by year-end 2026 and a goal for Elevate/START to represent at least 10% of transaction volume by year-end 2026 ( >15% by end of 2027).
Operational Discipline and Cost Control
Full-year G&A decreased modestly to $33.1M (from $33.6M), marketing expenses decreased to $5.2M (from $5.8M), and technology & development spend was managed (Q4 2025 $1.7M vs $1.8M prior), reflecting ongoing expense reduction initiatives.
Brokerage Full-Year Performance
Full-year brokerage revenue increased 26.8% to $399M (from $314.7M) and full-year brokerage adjusted EBITDA improved to $5.0M (from $3.2M), driven by the My Home Group acquisition and improved unit economics.
FTHM Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
FTHM Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Mar 30, 2026 | $0.60 | $0.53 | -11.67% |
Nov 12, 2025 | $1.23 | $1.09 | -11.38% |
Aug 12, 2025 | $1.44 | $1.30 | -9.72% |
May 13, 2025 | $0.96 | $1.24 | +29.44% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Fathom Holdings (FTHM) report earnings?
Fathom Holdings (FTHM) is schdueled to report earning on May 07, 2026, After Close (Confirmed).
What is Fathom Holdings (FTHM) earnings time?
Fathom Holdings (FTHM) earnings time is at May 07, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
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What companies are reporting earnings today?
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What is FTHM EPS forecast?
Currently, no data Available