Q4 2025 earnings for publicly traded real estate, real estate and homebuilding companies

HousingWire quarterly earnings reports for publicly traded real estate, real estate and homebuilding companies, providing a glimpse into the financial performance of key players in the real estate market. As earnings results begin to be released in the fourth quarter of 2025, here’s a rundown of what’s happening at major lenders, brokerages, builders, listing sites and title firms.

A Mortgage

Q4 2025 revenue

• Onity Group reports record earnings by 2025, expands services portfolio to $328B Feb. 13
• Freddie Mac’s profits fall 10% in 2025 as loan loss provisions increase in Feb. 12
• Fannie Mae cuts costs, increases MBS purchases to post $14.4B profit by 2025 Feb. 11
• ICE posts strongest mortgage tech quarter in three years, adds UWM to MSP Feb. 5
• PennyMac is under scrutiny as the stock is down 33% in post-Feb. 3
• Newrez drives profitability and service growth for Rhythm Capital by 2025 Feb. 3
• PennyMac reports Q4 profit of $107M as underlying growth offsets MSR run in Jan. 29
• Onity Group raises $200M in debt, reports strong Q4 earnings Jan. 27
• Wells Fargo’s Q4 2025 earnings miss estimates as mortgage profits fall in Jan. 14
• JPMorgan kicks off the loan season with high volume of Jan. originations. 13

Real estate

Q4 2025 revenue

• Zillow returns to profitability in 2025 as mortgages and rentals fuel growth Feb. 10
• Realtor.com Q2 revenue rises 10% as visitor traffic outpaces rivals’ Feb. 6

Building a home

Q4 2025 revenue

• Champion Homes exceeds expectations with diverse product mix, product strength in Feb. 5
• Beazer rounds on mix-shift to higher-rated houses after Q1 Feb loss. 3
• Pulte is sharpening its segment focus in a push to re-protect margins in Feb. 2
• Why M/I Homes is so tough ahead of the spring sales season of Jan. 29

Previous reports

A Mortgage

• Analytics marketplace accelerates by $2.5B in Q3 Nov volume 14
• Better posted Q3 revenue of $44 million boosted by partnerships Nov. 13
• Longbridge had a record quarter for ownership volume, posting a profit of $8.6M on November 7
• loanDepot’s Q3 loss narrows as revenue rises 14% Nov. 6
• Blend Labs reports lower mortgage income as its partnership gains steam Nov. 6
• Onity’s reverse business turns a profit as margins rise in Nov. 6
• UWM delivers $41.7B in Q3 volume during ‘rate meeting’ Nov. 6
• Guild sees Q3 revenue rise to $307.4M before Bayview Nov activity 5
• Finance of America’s Q3 loss compares to sharp rise in adjusted earnings Nov. 5
• The Intercontinental Exchange posted Q3 earnings on October 31
• Redfin’s Rocket merger, Mr. Cooper raises Q3 results above Oct. forecasts. 30
• Newrez posted best monthly loan volume since 2022, closing Wells Fargo deal on October 30
• Freddie Mac’s profits slowly bounce back amid credit losses in Oct. 30
• Fannie Mae ups the ante with $3.9B in surplus for Oct. 29
• PennyMac eyes high coupon MSRs, dealer channel growth on October 22
• PennyMac posts Q3 profit of $181M, boosted by service capacity October 21
• Major banks beat expectations for Q3 earnings, with modest growth in loans Oct. 14
• Guild’s recurring profits and rising refi recapture support Bayview’s Aug bid. 11
• Blend Labs cuts Q2 loss, announces new chief financial officer Aug. 11
• loanDepot shakes up retail and JV leadership after Hsieh returns Aug. 8
• With Hsieh in the driver’s seat, loanDepot’s cash flow is $283M Aug. 7
• The best loss is decreasing. It may even break as late as 2026 Aug. 7
• UWM returns to Q2 profit amid rising volumes, ends Aug. 7
• FOA reports $80M profit, buys stake in Blackstone Aug. 6
• Reversed debt gives Onity a boost in its latest earnings report Aug. 5
• ICE posted revenue of $851M in Q2 2025, raising revenue guidance Aug. 1
• Rocket returns to profit in Q2, generates early gains from Redfin deal on July 31
• Freddie Mac’s profit falls 14% in Q2 as provisions for bad debts rise on July 31
• Fannie Mae posts $3.3B profit, tops $100B total despite earnings drop on July 30
• Rhythm Capital delays Newrez public listing, eyes M&A opportunities July 28
• Mr. Cooper remains profitable despite large subserving exit in Q2 July 23
• PennyMac, the top dog in the columnist, says their consumer business is growing on July 22
• JPMorgan Chase, Wells Fargo see loan volumes rise in Q2 (but not profits) July 15
• Better reliance on AI, you see the first profitable month from 2022 May 13
• Blend conversations Rocket-Mr. Cooper’s deal, will be released on May 9
• Rocket shifts focus on mergers after Q1 growth in originations and M&A May 8
• Finance of America posts profit, surpasses Q1 2025 funding volume estimates May 7
• loanDepot’s Q1 revenue jumps 23% as Hsieh prepares to take the wheel again on May 6
• Lower rates encourage UWM pullback, reach MSR rates in Q1 May 6
• With the big changes underway, Freddie Mac’s earnings report shows growth on May 1
• Liberty Reverse parent Onity praises Q1 earnings performance, proprietary product launched April 30
• Fannie Mae posts 29th straight quarter of profit amid GSE shakeup April 30
• Rithm looks at M&A, but won’t sacrifice earnings on April 25
• How do you plan Mr. Cooper powering the Rocket’s proprietary flywheel on April 23
• Pennymac’s profits are declining, but the service portfolio now stands at a whopping $680B as of April 22.
• BofA, Citi warn of slower growth ahead as mortgage business softens April 15
• JPMorgan Chase, Wells Fargo feel mortgage squeeze in Q1, hope of April 11 deregulation

Real estate

• Fathom Holdings reports 38% revenue growth, consistent service expansion Nov. 17
• Title insurance revenue rises for the big four companies in Q3 2025 Nov. 10
• eXp World Holdings reports strong Q3 2025: revenue growth, agent retention success Nov. 7
• Opendoor hits reset: iBuyer goes into full founder mode with new CEO Nov. 7
• Douglas Elliman’s revenue drops amid ‘transformational year’ Nov. 5
• Compass leans into Christie’s playbook before putting together Anywhere Nov. 4
• Wherever it reports Q3 revenue growth, it approaches the Compass Nov. 4
• RE/MAX sees Q3 profit rise despite revenue decline, AI talks and franchise plans Oct. 31
• Zillow Focuses on Buyers, Agents to Drive Future Growth Oct. 30
• Real Brokerage reports strong Q3 results, previews key technology innovations Oct. 30
• CoStar can’t stop talking about Zillow as Homes.com’s growth picks up in Oct. 29
• Eyes on further growth after strong Q2 Aug. 13
• Big Four post mixed-bag headline results Q2 2025 Aug. 11
• Real Brokerage posts record revenue, net income in Q2 Aug. 7
• Zillow wants to be a hub for buyers and agents Aug. 6
• Opendoor turns to agents in profit hunting Aug. 6
• Douglas Elliman does not want private listings to become routine on August 4
• Agent calculates eXp bright spot for Q2 2025 July 31
• Compass posts record performance for Q2 July 30
• Has RE/MAX broken the US agent decline? July 30
• Anywhere you see ‘units up, prices up’ in July like the luxury sales increase on July 29
• CoStar earnings ‘boosted’ by Homes.com growth on July 23
• CoStar kicks off its ‘meaningful self-help’ journey on May 15
• Fathom remains optimistic about the agent compensation plan as losses mount on May 13
• Robert Reffkin on the Compass pre-marketing strategy: What’s wrong? May 8
• Major insurers post strong Q1 earnings, boosted by real estate deals on May 8
• Will the real Tamir Poleg please stand up? May 8
• Zillow posts strong Q1, targeting listings and app traffic May 7
• eXp posts flat Q1 profit, strengthens Clear Cooperation position May 6
• Redfin reports declining revenue, higher loss in Q1 2025 May 6
• RE/MAX posts another loss, but CEO insists it can ‘return to growth’ on May 2
• Homes.com expands with additional agent acquisitions, consumer demand April 29
• In the secret lists, Anywhere will be on the right side of history, said the CEO on April 29