eXp World Holdings, Inc. (AGNT) experienced a sharp decline intraday on Monday, with its stock price plummeting 6.82%.

The movement followed the company's release of its first-quarter 2026 financial results, which showed mixed performance. eXp World reported Q1 revenue of $1.01 billion, a 5% year-over-year increase that surpassed analyst estimates. The company's net loss also narrowed to $5.1 million, or $0.03 per diluted share, beating the consensus estimate for a larger loss.

Despite these positive headline figures, investors reacted negatively to underlying operational challenges highlighted in the report. The company noted higher legal expenses tied to legacy litigation matters, including the National Association of Realtors (NAR) settlement. Additionally, the agent Net Promoter Score (aNPS), a key measure of agent satisfaction, declined significantly to 67 from 78 in the prior-year period. These concerns appear to have outweighed the earnings beat in driving the stock's downward movement.