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MARKETS / NASDAQ / FTHM
NASDAQ · REAL ESTATE AGENTS & MANAGERS (FOR OTHERS) · SMALL CAP

Fathom Holdings Inc. FTHM

7 fiscal years on record · USD · FY2025 reported · SEC filings only
$420.5M
▲ 25.4% YoY
$-20.3M
$-20.7M
In brief

What this company does

Fathom Holdings Inc. integrates residential brokerage, mortgage, title, and Software as a Service ("SaaS") offerings to brokerages and agents through intelliAgent, its proprietary cloud-based software. The Company's brands include Fathom Realty, Encompass Lending, intelliAgent, Real Results, and Verus Title. Fathom Realty, described as the Company's core business, uses a low overhead business model that leverages its proprietary software platform to manage real estate brokerage back-office functions without the cost of physical brick and mortar offices or of redundant personnel. The company currently operates in 43 states plus the District of Columbia. As of December 31, 2025, it had approximately 14,135 agent licenses. It achieved gross commission income of approximately $399.0 million on $16.5 billion in real estate sales volume for the year ended December 31, 2025. As of December 31, 2025, it had approximately 281 full-time employees. Fathom Realty LLC was founded in January 2010 and later incorporated as Fathom Holdings Inc. in the state of North Carolina on May 5, 2017.

Written from the business description in FATHOM HOLDINGS INC.'s annual report to the U.S. Securities and Exchange Commission, filed 30 March 2026. Every sentence was checked against that document before publication.

Growth
USD 420.5M
Revenue, FY2025 · full 7-year series below
Revenue $M Net income $M
FY2025 · Revenue 420.5 · Net income -20.3
200M400M2019202020212022202320242025
Compound annual growth
+0.6%
+18.9%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at +18.9% a year over five years.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability
−5 cents
lost on every revenue dollar
Operating margin Net margin
FY2025 · Operating -3.7% · Net -4.8%
-2%-4%-6%2019202020212022202320242025
ROE
FY2025 · ROE -49.5%
-20%-40%2019202020212022202320242025

Each USD of equity lost 49 cents this year.

Cash & shareholders
returned in FY2025 · dividends + net buybacks
Free cash flow $M
FY2025 · FCF -20.7
-8M-16M2019202020212022202320242025
Net buybacks $M Dividends $M
FY2023 · Dividends — · Net buybacks 0.0
2.5M5.0M202020222023

Total assetsUSD 78.0M
EquityUSD 37.4M
CashUSD 5.8M
Gross debtUSD 11.1M
Net debtUSD 5.3M
Current ratio1.06×

Net debt stands at 14% of equity.

The 7-year record
7 fiscal years
Every figure from documents filed with the SEC · USD

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative
Metric 2025202420232022202120202019
Revenue $B0.40.30.30.40.30.20.1
Operating income $B−0.0−0.0−0.0−0.0−0.0−0.0−0.0
EBITDA $B−0.0−0.0−0.0−0.0−0.0−0.0−0.0
Income tax $B0.0−0.00.0−0.0−0.0−0.0−0.0
Net income $B−0.0−0.0−0.0−0.0−0.0−0.0−0.0
Free cash flow $B−0.0−0.0−0.0−0.0−0.0−0.0−0.0
EPS, diluted $−0.72−1.07−1.47−1.73−0.88−0.12−0.42
Dividend / sh $·······
Payout %·······
ROE %−49.5−43.2−40.9−38.9−22.8−9.4·
Shares out B0.030.020.020.020.020.010.01

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Provenance
Company facts, as filed
How we verify · 0 failures in 30 reconciliationsAUDITED

Reconciled in 7 of 19 fiscal years. 65 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures
ActivityReal Estate Agents & Managers (For Others)
Listed onNASDAQ
Incorporated inNorth Carolina
Fiscal year endsDecember 31
SEC categorysmaller reporting company
Data on record since2019

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