Fathom Holdings Inc. filed a Form 10-Q with the U.S. Securities and Exchange Commission for the quarterly period ended September 30, 2026, reporting a net loss of $21,762 thousand for the three months ended on that date.

Key Highlights

  • Quarterly revenue: The filing reports revenue of $88,628 thousand for the three months ended September 30, 2026, compared with $115,313 thousand for the same period in 2025.
  • Net loss for the quarter: Net loss of $21,762 thousand was recorded for the three months ended September 30, 2026, against a net loss of $4,357 thousand in the prior-year quarter.
  • Nine-month net loss: For the nine months ended September 30, 2026, the company reported a net loss of $36,199 thousand, versus $13,594 thousand for the nine months ended September 30, 2025.
  • Impairment charge: The filing discloses an impairment charge of $12,085 thousand recorded during the three months ended September 30, 2026, with no comparable charge in the prior-year period.
  • Total assets declined: Total assets were $41,234 thousand as of September 30, 2026, compared with $78,044 thousand as of December 31, 2025.
  • Shares outstanding: As of November 12, 2026, the registrant had 34,591,564 shares of common stock outstanding.
  • Shareholders' equity: Total shareholders' equity stood at $1,776 thousand as of September 30, 2026, down from $37,439 thousand as of December 31, 2025.

Fathom Holdings' Third-Quarter 2026 Financial Results and Balance Sheet Position

Fathom Holdings Inc. (NASDAQ:FTHM), a technology-driven real estate services company headquartered in Cary, North Carolina, filed its quarterly report covering the period ended September 30, 2026. According to the filing, the company recorded revenue of $88,628 thousand for the third quarter of 2026, a decline from $115,313 thousand in the third quarter of 2025. Commission and service costs, the company's largest expense category, totaled $81,228 thousand for the quarter, the filing states.

The filing discloses a loss from operations of $19,202 thousand for the three months ended September 30, 2026, compared with an operating loss of $4,038 thousand in the same period of 2025. The registrant attributed a portion of the quarter's charges to an impairment of $12,085 thousand, which had no prior-year equivalent. Technology and development expenses rose to $5,401 thousand in the third quarter of 2026 from $1,818 thousand in the third quarter of 2025, according to the filing. After other nonoperating expense of $2,088 thousand and interest expense, net of $451 thousand, the net loss for the quarter reached $21,762 thousand, or $(0.64) per basic and diluted share, based on a weighted average share count of 33,869,620.

On the balance sheet, the filing shows cash and cash equivalents of $3,605 thousand as of September 30, 2026, down from $5,773 thousand at December 31, 2025. Goodwill decreased to $7,241 thousand from $17,668 thousand over the same interval, and intangible assets, net, fell to $9,093 thousand from $18,576 thousand, according to the filing. Accounts payable increased to $12,067 thousand from $5,649 thousand. Total current liabilities of $35,555 thousand exceeded total current assets of $19,836 thousand as of September 30, 2026, the filing states. The accumulated deficit widened to $149,669 thousand from $113,470 thousand at the prior fiscal year-end.

What Was Disclosed

Fathom Holdings Inc. filed its Form 10-Q for the quarterly period ended September 30, 2026, disclosing a third-quarter net loss of $21,762 thousand, a full nine-month net loss of $36,199 thousand, a $12,085 thousand impairment charge, and a sharply reduced shareholders' equity balance of $1,776 thousand at period end.