Fathom (FTHM)
Runs an agent-centered cloud brokerage with mortgage, title, insurance, and workflow software.
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Earns brokerage fees from a U.S. agent network while cross-selling mortgage origination, title and settlement, insurance-related services, and workflow software. Brokerage provides most revenue, making housing transactions and agent retention central to the model.
Operates a U.S. residential brokerage through Fathom Realty and MHG, giving agents fee plans that let them retain more commission income. Generates brokerage revenue from closed transactions and agent annual, transaction, and high-value-property fees, then uses those relationships to offer Encompass Lending mortgages, Verus Title insurance, escrow, and settlement, Real Results lead generation, and intelliAgent workflow software.
Spans the South, Atlantic, Southwest, and West through a cloud-operated agent network, with real estate brokerage supplying most revenue. Depends on agent recruitment, retention, and transaction volume, while mortgage originations require warehouse funding and channels to sell loans. Brokerage, mortgage, and title activity operates under state-by-state licensing and commission rules, and the pending all-stock transaction would make Fathom a Bed Bath & Beyond subsidiary if its closing conditions are met.
Company facts
Target rangeAs of Sep 22, 2026
Latest analyst notes
| Date | Firm | Action | Prior | Current |
|---|---|---|---|---|
| Oct 13, 2025 | Roth Capital | Target | Target: — | Target: $2.50 |
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jun 30, 2026Cash & short-term investments $21.8M · Total debt $29.6M · Total assets $73.4M · Shareholders' equity $23.9M
- Revenue
- $114.6M
- Operating income
- −$4.1M
- Net income
- −$6.2M
No dividends on record.
| Institutions | 13.05% | 4.46M shares | |
|---|---|---|---|
| 44 holders · as of Jun 30, 2026 | |||
| Insiders | 26.95% | 9.22M shares | |
| 10 holders · as of Jun 26, 2026 | |||
| Strategic holders | 6.19% | 2.12M shares | |
| 1 holder · as of Mar 27, 2025 | |||
| Other | 53.81% | 18.41M shares | |
| remainder | |||
34.21M company shares as of Sep 23, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
Joshua HarleyInsider10 percent owner | 11.35% | 3.88M | filed Sep 2, 2025 |
Prometheus FoundationStrategic10 percent owner | 6.19% | 2.12M | filed Mar 27, 2025 |
Scott N. Flanders1Insiderdirector | 5.47% | 1.79M | filed Aug 21, 2025 |
Marco FregenalInsiderdirector, officer: Chief Executive Officer | 4.15% | 1.42M | filed Mar 27, 2026 |
Adam RothsteinInsiderdirector | 2.67% | 913,046 | filed Aug 21, 2025 |
- Scott N. Flanders's transaction reports restate only vehicles that traded; the 2025 ownership statement (1.79M) plus the 82.6K net shares acquired since is used instead.
Insider tradesForm 4
No open-market trades in the last 12 months.
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Compare
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Fathom | $0.5435 | −2.77% | $18.5M | — | — | 0.0 | −5.6% |
| AGNT | $3.65 | −4.83% | $629.4M | — | 54.7 | 0.1 | +10.8% |
| Compass | $9.39 | −2.95% | $5.88B | 90.0 | 128.9 | 0.6 | +109.1% |
| Real Brokerage | $16.26 | −5.11% | $373.3M | — | 210.2 | 0.2 | +29.6% |
| Rocket Companies | $12.41 | −2.63% | $35.98B | 87.3 | 17.4 | 3.7 | +113.7% |
| Fidelity National Financial | $42.26 | −0.68% | $11.45B | 14.8 | 7.9 | 0.7 | +11.4% |
| Median | 87.3 | 54.7 | 0.6 | +29.6% |