Douglas Elliman (DOUG -22.91%), a leading U.S. luxury real estate brokerage, released its second quarter results on July 31, 2025. The headline news was a 5% year-over-year decline in revenue (GAAP) compared to Q2 2024, reaching $271.4 million (GAAP). Both net loss (GAAP) and adjusted EBITDA (non-GAAP) worsened versus Q2 2024. There were no published Wall Street expectations, so performance was judged versus prior-year figures and year-to-date trends. Overall, the quarter showed weaker transaction volumes a ...