Anywhere Real Estate Inc. reported its financial results for the second quarter ended June 30, 2025, on July 29, 2025. The company announced net revenues increased by $13 million (1%) to $1.68 billion compared to Q2 2024. However, Operating EBITDA for Q2 2025 decreased by $10 million year-over-year to $133 million.
Net income for the quarter was $28 million, a slight decrease from $30 million in Q2 2024. For the first half of 2025, net revenues increased $91 million (3%) to $2.89 billion, and Operating EBITDA increased by $2 million to $132 million from H1 2024. The net loss for H1 2025 improved to $50 million from $71 million in the prior year period.
The company's liquidity was bolstered by a $154 million increase in cash, cash equivalents, and restricted cash to $278 million at June 30, 2025, following the issuance of $500 million in Senior Secured Second Lien Notes and the repurchase of $345 million of Exchangeable Senior Notes. Anywhere projects full-year 2025 Operating EBITDA to be approximately $350 million and free cash flow (excluding one-time items) to be about $70 million, noting positive July momentum with mid-single-digit growth in closed transaction volume.
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