Company: HOUS
Filing Date: 2025-11-05
Form Type: 10-Q
Source: 0001398987-25-000116
Chunk: 183

Company: Anywhere Real Estate Inc.
Filing Date: 2025-11-05
Form: 10-Q
Item: Item 2
Chunk 183
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 accruals for employee cash-settled awards which fluctuate with the Company's stock price and reflect its appreciation in the third quarter of 2025.

41

Nine Months Ended September 30, 2025 vs. Nine Months Ended September 30, 2024

The following table reflects our consolidated results and a non-GAAP reconciliation of Net loss attributable to Anywhere and Anywhere Group to Operating EBITDA during the nine months ended September 30, 2025 and 2024:

 Nine Months Ended September 30,  20252024ChangeNet revenues$4,512 $4,330 $182 Total expenses4,598 4,417 181 Loss before income taxes, equity in earnings and noncontrolling interests(86)(87)1 Income tax benefit(15)(15)— Equity in earnings of unconsolidated entities(8)(8)— Net loss(63)(64)1 Less: Net income attributable to noncontrolling interests(1)— (1)Net loss attributable to Anywhere and Anywhere Group$(64)$(64)$— 

 Nine Months Ended September 30,  20252024ChangeNon-GAAP Reconciliation - Operating EBITDA:Net loss attributable to Anywhere and Anywhere Group$(64)$(64)$— Income tax benefit(15)(15)— Loss before income taxes(79)(79)— Add:  Depreciation and amortization143 151 (8)Interest expense, net119 117 2 Stock-based compensation (a)13 12 1 Restructuring and merger-related costs, net (b)38 24 14 Impairments (c)7 9 (2)Former parent legacy (benefit) cost, net(2)1 (3)Legal contingencies (d)— 10 (10)Gain on the early extinguishment of debt (e)(2)(7)5 Gain on the sale of businesses, investments or other assets, net(5)— (5)Operating EBITDA$232 $238 $(6)Operating EBITDA Margin (f)5 %5 %

(a)Stock-based compensation is a non-cash expense that is based on grant date fair value, which is influenced by the Company's stock price, and recognized over the requisite service period. This expense is primarily related to Corporate and Other. This line does not include