La Rosa Holdings Corp. Reports First Quarter 2026 Financial Results
Gross Profit Increased 29.6% Year-Over-Year to Approximately $2.0 Million in Q1 2026
Commercial Real Estate Brokerage Revenue Increased 379.3% Year-Over-Year to $273 Thousand in Q1 2026
Loss from Operations Improved 46.5% Year-Over-Year To $2.5 Million, Compared To $4.7 Million in the Prior-Year Period
CELEBRATION, Fla., Aug. 03, 2026 (GLOBE NEWSWIRE) -- La Rosa Holdings Corp. (NASDAQ: LRHC) (“La Rosa” or the “Company”), a real estate and PropTech company, today provided a business update and reported financial results for the first quarter ended March 31, 2026.
Q1 2026 Financial Highlights
Joe La Rosa, CEO of La Rosa, commented, “Our first quarter results reflect continued progress in strengthening the quality of our business. While market conditions impacted overall revenue, we delivered meaningful improvements in our operating performance, with gross profit increasing nearly 30%, operating expenses declining 27.6%, and our loss from continuing operations improving by more than 46% year over year. We also continued to see strong momentum in our commercial real estate brokerage business, where revenue increased more than 379%, and further growth in our title services business. These results demonstrate the benefits of our disciplined approach to expense management, operational efficiency, and expanding higher-margin revenue streams across our platform.”
“Beyond our operating performance, we remain focused on executing our long-term strategic vision. During the quarter, we established an $8.1 million digital asset position on our balance sheet, further strengthening our strategic asset base as we continue to evaluate opportunities that can enhance long-term shareholder value. We also continue to make progress on our proposed acquisition of Consensus Core Technologies, which we believe would position La Rosa at the intersection of real estate and next-generation AI infrastructure. While the previously announced letter of intent remains non-binding and there can be no assurance that a definitive agreement will be executed or the transaction ultimately completed, we are encouraged by the progress of our discussions and continue working toward a definitive agreement which we expect in the near term, subject to customary approvals and closing conditions,” concluded Mr. La Rosa.
About La Rosa Holdings Corp.
La Rosa Holdings Corp. (Nasdaq: LRHC) intends to transform the real estate industry by providing agents with flexible compensation options, including a revenue-sharing model or a fee-based structure with 100% commission. Powered by its proprietary technology platform, La Rosa aims to equip agents and franchisees with the tools they need to deliver exceptional service.
The Company offers both residential and commercial real estate brokerage services, as well as technology-driven products and support for its agents and franchise partners. Its business model includes internal services for agents and external offerings for the public, spanning real estate brokerage, franchising, education and coaching, and property management.
La Rosa operates 23 corporate-owned brokerage offices across Florida, California, Texas, Georgia, and Puerto Rico. La Rosa also started its expansion into Europe, beginning with Spain. Additionally, the Company has five franchised offices and branches and three affiliated brokerage locations in the U.S. and Puerto Rico. The Company also operates a full-service escrow settlement and title company in Florida.
For more information, please visit: https://www.larosaholdings.com.
Stay connected with La Rosa, sign up for news alerts here: larosaholdings.com/email-alerts.
Forward-Looking Statements
This press release contains forward-looking statements regarding the Company’s current expectations that are subject to various risks and uncertainties. Such statements include statements regarding the Company’s ability to grow its business and other statements that are not historical facts, including statements which may be accompanied by the words “intends,” “may,” “will,” “plans,” “expects,” “anticipates,” “projects,” “predicts,” “estimates,” “aims,” “believes,” “hopes,” “potential” or similar words. These statements are not guarantees of future performance and are subject to certain risks, uncertainties and assumptions that are difficult to predict. Actual results could differ materially from those described in these forward-looking statements due to certain factors, including without limitation, the Company's ability to satisfy closing conditions of the financing facilities and the timing and use of proceeds thereof, including the redemption of the Series X Preferred Stock, to achieve profitable operations, our ability to successfully integrate acquisitions into our business operations, customer acceptance of new services, the demand for the Company’s services and the Company’s customers' economic condition, the impact of competitive services and pricing, general economic conditions, the successful integration of the Company’s past and future acquired brokerages, the effect of the recent National Association of Realtors' landmark settlement on our business operations, and other risk factors detailed in the Company's filings with the United States Securities and Exchange Commission (the "SEC”). You are urged to carefully review and consider any cautionary statements and other disclosures, including the statements made under the heading “Risk Factors” in our Annual Report on Form 10-K for the fiscal year ended March 31, 2026, and other reports and documents that we file from time to time with the SEC. Forward-looking statements contained in this press release are made only as of the date of this press release, and La Rosa does not undertake any responsibility to update any forward-looking statements in this release, except as may be required by applicable law. References and links to websites have been provided as a convenience, and the information contained on such websites has not been incorporated by reference into this press release.
For more information, contact: info@larosaholdings.com
Investor Relations Contact:
Crescendo Communications, LLC
David Waldman/Natalya Rudman
Tel: (212) 671-1020
Email: LRHC@crescendo-ir.com
(Tables follow)