La Rosa Holdings Corp. reported first-quarter 2026 results with revenue of $13.58M and a net loss attributable to common stockholders of $(16.11M), with basic and diluted loss per share of $(72.03) — an improvement in net loss compared with the year-ago quarter.
Financial Highlights
- Revenue was $13.576M for Q1 2026, down from $14.636M in Q1 2025 (7.2%).
- Net income: Net loss attributable to common stockholders was $(16.113M) for Q1 2026 vs. net loss $(95.903M) for Q1 2025 (improved YoY).
- Diluted earnings per share: Basic and diluted loss per share was $(72.03) for Q1 2026 vs. $(46,896.24) for Q1 2025.
Business Highlights
- Total revenue declined 7% year over year for Q1 2026, driven by a 9% drop in residential brokerage revenue following the disposition of LR Kissimmee.
- Commercial brokerage and title services grew materially, rising 379% and 28% respectively, while coaching and franchising revenues declined significantly.
- Agent count increased 7.6% year over year to 2,979, supporting recurring fee revenue and brand expansion across the U.S. and into Spain.
- Management is pursuing AI and data-center initiatives, including a land contract for a Tier III AI data center and an LOI to acquire an AI infrastructure provider.
- Post-IPO expansion continues via acquisitions; management is focused on integration, improving agent productivity and reducing costs, including payroll and marketing cuts.
Original SEC Filing:
This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.