Company / R&D Expense
eXp World Holdings, Inc. R&D Expense History
FY2022-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest R&D Expense
$69.6M
FY2025
5-year range
$54.2M / $69.6M
FY2022-FY2025
Trend
+19.7%
vs FY2024
Sector context
#3 of 4
Real Estate
What the data says
Improved from $60M to $70M over the past 2 years.
Based on SEC 10-K filings.
$70M in FY2025 with a 3-year CAGR of +8.7%.
Improved from $60M to $70M over the past 2 years.
Real Estate sector context is included.
R&D Expense over time
Growth rates
- 3-Year CAGR
- +8.7%
- 5-Year CAGR
- -
- 10-Year CAGR
- -
Sector benchmark
Key checks
Key Insights
- 3-year CAGR of +8.7%, indicating consistent growth.
- In FY2025, r&d expense increased 19.7% year-over-year.
- Ranks #3 out of 4 companies in the Real Estate sector.
Company context
Key Data Points
- Altman Z-Score 11.06 (safe zone, above 2.9 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | R&D ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $69.6M | +19.7% |
| FY2024 | $58.2M | -2.3% |
| FY2023 | $59.5M | +9.9% |
| FY2022 | $54.2M | - |
| FY2021 | - | - |
| FY2020 | - | - |
| FY2019 | - | - |
| FY2018 | - | - |
| FY2017 | - | - |
| FY2016 | - | - |
As of FY2025 · SEC 10-K · Updated Feb 28, 2026