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Companies / Real Estate / Fathom Holdings Inc.
FTHM

Fathom Holdings Inc.

Real EstateReal Estate
Ticker FTHMCARY, NCFiscal year ends DecemberBook value per share $0.72Diluted shares 33.1M

Fathom Holdings Inc. (NASDAQ: FTMD) operates as a national, technology-driven real estate services platform headquartered at www.fathominc.com. The company integrates residential brokerage, mortgage, title, and software-as-a-service offerings through its proprietary cloud-based intelliAgent platform and multiple brand… From the company’s description.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
$420.48M
+25.4% year over year
Last 12 mo $406.93M
-3.71%
+3.3 percentage points
Last 12 mo -5.09%
$-20.31M
+5.9% year over year
Last 12 mo $-25.50M
-54.24%
−5.9 percentage points
Last 12 mo -106.86%
Cash & financing
$-20.54M
−338.1% year over year
Last 12 mo $-13.43M
$-20.66M
−335.9% year over year
Last 12 mo $-13.58M
0.55
Was 0.31× a year earlier
Last 12 mo 1.05
28.2M
+39.3% year over year
Last 12 mo 33.1M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What Fathom Holdings Inc. does

In the company’s own words

Fathom Holdings Inc. (NASDAQ: FTMD) operates as a national, technology-driven real estate services platform headquartered at www.fathominc.com. The company integrates residential brokerage, mortgage, title, and software-as-a-service offerings through its proprietary cloud-based intelliAgent platform and multiple brand divisions including Fathom Realty, Encompass Lending, Real Results, and Verus Title.

The core business centers on Fathom Realty, a low-overhead real estate brokerage that leverages technology to eliminate physical office costs and redundant personnel. Rather than traditional commission splits, Fathom charges agents flat fees per transaction, allowing agents to retain significantly higher percentages of their commissions compared to conventional brokerages. This model enables agents to increase their income by over twenty-five percent on average while maintaining access to technology, training, and support services. The company also offers Fathom Max and Fathom Share commission plans introduced in August 2024, providing agents with flexible fee structures and revenue-sharing opportunities through agent recruitment programs.

As of December 31, 2025, Fathom operated approximately 14,135 agent licenses across 43 states plus the District of Columbia. The company achieved gross commission income of approximately $399.0 million on $16.5 billion in real estate sales volume during 2025. The company ranked as the sixth-largest independent real estate brokerage and ninth-largest overall brokerage firm in the United States in 2024.

Fathom's technology infrastructure includes intelliAgent, a comprehensive suite providing transaction management, customer relationship management, accounting management, business intelligence, training modules, and agent-level websites. The company acquired Naberly in March 2021 to enhance technology independence and consumer-facing capabilities. Recent strategic initiatives include the November 2024 acquisition of My Home Group, which added over 2,200 agents and expanded presence in Arizona and Washington, and the August 2025 licensing agreement with Sovereign Realty Partners to offer intelliAgent and the Elevate agent support program under the Fathom Elite brand.

The company employs approximately 281 full-time employees and operates in an industry with over $3.5 trillion in market size. Fathom differentiates itself through its technology-enabled, low-cost business model, high agent compensation, and focus on professional development and agent retention.

Company details
Sector
Real Estate
Industry
Real Estate
Headquarters
CARY, NC
Fiscal year end
December
CIK
1753162
SIC
6531

Financial performance, year by year

Fiscal 2020–2025 · USD
$-72.44M$61.99M$196.43M$330.86M$465.29M202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns Fathom Holdings Inc. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

7
funds hold it
0 of 35
superinvestors hold it
$0.86M
held by funds, at market
2.7%
of shares held by funds

Largest fund holders · Fathom Holdings Inc.’s weight in each

VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
VANGUARD EXTENDED MARKET INDEX FUND
VXF · VANGUARD INDEX FUNDS
0.00%of fund net assets
Fidelity Extended Market Index Fund
FSMAX · Fidelity Concord Street Trust
0.00%of fund net assets
Fidelity Total Market Index Fund
FSKAX · Fidelity Concord Street Trust
0.00%of fund net assets
Fidelity Series Total Market Index Fund
FCFMX · Fidelity Concord Street Trust
0.00%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Could not be determined for this company: bond issues.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

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