Company: HOUS
Filing Date: 2025-08-08
Form Type: 10-Q
Source: 0001398987-25-000108
Chunk: 10

Company: Anywhere Real Estate Inc.
Filing Date: 2025-08-08
Form: 10-Q
Item: Item 1
Chunk 10
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 substantially less in scope than an audit conducted in accordance with the standards of the PCAOB or in accordance with auditing standards generally accepted in the United States of America, the objective of which is the expression of an opinion regarding the financial statements taken as a whole. Accordingly, we do not express such an opinion.

/s/ PricewaterhouseCoopers LLP

Florham Park, New Jersey

August 8, 2025 

5

ANYWHERE REAL ESTATE INC. AND ANYWHERE REAL ESTATE GROUP LLC

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS

(In millions, except per share data)

(Unaudited)Three Months EndedSix Months Ended June 30,June 30, 2025202420252024RevenuesGross commission income$1,381 $1,376 $2,357 $2,283 Service revenue167 159 292 278 Franchise fees101 101 174 171 Other33 33 63 63 Net revenues1,682 1,669 2,886 2,795 ExpensesCommission and other agent-related costs1,117 1,108 1,902 1,834 Operating303 285 580 558 Marketing49 47 93 92 General and administrative89 93 192 192 Former parent legacy cost (benefit), net1 1 (2)2 Restructuring costs, net12 7 24 18 Impairments— 2 6 8 Depreciation and amortization49 48 95 103 Interest expense, net36 40 72 79 Gain on the early extinguishment of debt(2)— (2)— Other income, net(4)— (5)(1)Total expenses1,650 1,631 2,955 2,885 Income (loss) before income taxes, equity in earnings and noncontrolling interests32 38 (69)(90)Income tax expense (benefit)9 11 (15)(17)Equity in earnings of unconsolidated entities(5)(3)(4)(2)Net income (loss)28 30 (50)(71)Less: Net income attributable to noncontrolling interests(1)— (1)— Net income (loss) attributable to Anywhere and Anywhere Group$27 $30 $(51)$(71)E