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SEC EDGAR: CIK 1753162FTHM stock profile & AI dashboard →

13F Pro Quality Score

31.7/100

Rank #2,447 of 2,962 stocks

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Rankings refresh quarterly once 80% of peers have filed (~45 days after quarter-end). Next update: ~Nov 14, 2026.

Revenue Growth

51.4/100

Profitability

25.0/100

Balance Sheet

6.9/100

Earnings Quality

4.8/100

Free Cash Flow

21.8/100

Institutional Flow

64.5/100

Revenue Scale

33.6/100

Dilution Risk

60.8/100
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FTHM Stock Analysis & AI Quality Score

Data updated 2026-09-11

AI stock analysis and institutional research for Fathom Holdings Inc. (FTHM), a Real Estate sector company. 13F Pro's AI-powered ranking engine scores FTHM at 31.7/100 on a 32-signal composite quality model, placing it at rank #2,447 of 2,962 stocks — the bottom half of the AI-ranked universe. Areas of concern include earnings quality (4.8) and balance sheet strength (6.9), which score below median versus the broader universe. Based on the latest XBRL financial filings (Q2 2026), Fathom Holdings Inc. reports quarterly revenue of $114.6M, net income of $-6.2M, an operating margin of -3.8%. Top institutional holders of FTHM by reported 13-F value include VANGUARD CAPITAL MANAGEMENT, JANE STREET GROUP, Vazirani Asset Management, based on the most recent SEC filings. FTHM trades on the Nasdaq exchange and files with the SEC under CIK 1753162. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate FTHM daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for Fathom Holdings Inc. directly from SEC EDGAR. Fathom Holdings Inc.'s 13F Pro composite quality score has ranged between 20 and 45 since 2021, currently 31.7 — a declining long-term trajectory across 69 quarterly and live scoring snapshots.

Fun facts about Fathom Holdings Inc.

Quirks, history, and lore behind FTHM — the kind of stuff that makes a stock memorable.

  • 1
    The Basics
    U.S. real estate company · listed on Nasdaq · headquartered in North Carolina · operates as a cloud-based brokerage.
  • 2
    The Numbers
    A small-cap firm with annual revenue in the range of $100–150 million, built on razor-thin margins and a model that prizes agent count over commission splits.
  • 3
    The History
    Founded in 2010, it went public in the early 2020s and rode the pandemic-era real estate boom to rapid agent growth before the market cooled.
  • 4
    The Secret
    Its whole pitch to agents is a 100% commission model — agents keep nearly everything they earn and pay a flat fee instead, flipping the traditional brokerage playbook upside down.
  • 5
    The Lore
    It has grown to tens of thousands of independent agents across the U.S. and Canada, all operating virtually — no fancy corner offices, no physical branch network to speak of.
  • 6
    The Giveaway
    Its name evokes deep-sea exploration, its ticker is FTHM, and its business model is basically eXp Realty's scrappier rival — a virtual brokerage keeping agents off the floor and in their home offices.
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Revenue

Q2 2026

$114.6M

Net Income

Q2 2026

$-6.2M

Free Cash Flow

Q2 2026

$-4.5M

Operating Margin

Q2 2026

-3.8%

ROIC

Q2 2026

-54.1%

Period

Revenue & Net Income

Earnings Per Share

Key Financials Over Time

Export Financial Table · Pro

Revenue

+25.4% YoY
$420.5MFY 2025
FY22 $413.0MFY23 $345.2MFY24 $335.2MFY25 $420.5M

Net Income

+5.9% YoY
$-20.3MFY 2025
FY22 $-27.6MFY23 $-24.0MFY24 $-21.6MFY25 $-20.3M

Operating Income

+33.6% YoY
$-15.6MFY 2025
FY22 $-26.8MFY23 $-23.3MFY24 $-23.5MFY25 $-15.6M

EPS (Diluted)

+32.7% YoY
$-0.72FY 2025
FY22 $-1.73FY23 $-1.47FY24 $-1.07FY25 $-0.72

Total Assets

+3.5% YoY
$78.0MFY 2025
FY22 $80.2MFY23 $79.3MFY24 $75.4MFY25 $78.0M

Total Debt

-41.1% YoY
$5.6MFY 2025
FY22 $1.3MFY23 $4.3MFY24 $9.5MFY25 $5.6M

Op. Cash Flow

-338.1% YoY
$-20.5MFY 2025
FY22 $-6.6MFY23 $-10.6MFY24 $-4.7MFY25 $-20.5M

Free Cash Flow

-335.9% YoY
$-20.7MFY 2025
FY22 $-7.5MFY23 $-10.6MFY24 $-4.7MFY25 $-20.7M

AI Insight: FTHM Financial Trends

Revenue volatility masks persistent operating losses and weakening equity base despite debt reduction.

Revenue swung from $121M (Q2 2025) to $86M (Q1 2026), then recovered to $115M (Q2 2026)—no sustained growth trajectory.

Operating losses narrowed from $-9M (Q4 2024) to $-4M (Q2 2026), but company remains unprofitable across all 8 quarters.

Total debt declined 33% from $12M (Q3 2024) to $8M (Q2 2026); equity fell 49% from $47M to $24M—deleveraging via equity erosion.

Operating cash flow turned negative $-12M in Q4 2025, then returned to breakeven—cash generation remains unstable.

Equity compressed from $43M (Q3 2025) to $24M (Q2 2026) amid continued losses; debt-to-equity ratio tightening risk.

AI Insight: FTHM Ratio Trends

Fathom remains deeply unprofitable across all metrics, with operating margin deteriorating to -3.8% in Q2 2026 after a worse Q1, signaling persistent operational distress.

Operating margin improved from -9.8% in Q4 2024 to -3.8% in Q2 2026, though still deeply negative and volatile quarter-to-quarter.

Leverage (D/E) rose sharply from 0.13 in Q3 2025 to 0.34 in Q2 2026, reversing prior deleveraging progress.

ROE plunged to -103.9% in Q2 2026 from -35.3% in Q2 2025, indicating severe shareholder value destruction.

ROIC bottomed at -82.0% in Q1 2026, worst since Q3 2024; recent improvement to -54.1% in Q2 2026 suggests elevated volatility.

Net profit margin oscillated between -3.0% (Q2 2025) and -9.5% (Q1 2026); no sustained profitability path visible.

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Available Research

13F Pro tracks comprehensive data for Fathom Holdings Inc. including:

SEC EDGAR filings (10-K, 10-Q, 8-K)
XBRL financial facts (revenue, EPS, margins)
Insider transactions (Form 4)
Institutional 13F holdings
Quality rankings (32 signals)
AI analyst debates & daily meetings
Historical financial trends
Peer comparison & sector analysis

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Similarity is computed from the 8 composite sub-scores and latest-quarter 13F conviction holdings (index-style filers excluded). Refreshed monthly.

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Is FTHM a good stock to buy?

13F Pro's AI-powered analysis of Fathom Holdings Inc. (FTHM) draws on SEC EDGAR-sourced fundamentals, institutional 13F holdings, and insider Form 4 transactions in the Real Estate sector (listed on Nasdaq). The 32-signal AI Quality Score, current rank, and full bull/bear verdict for FTHM are available on the FTHM stock profile dashboard — with the same data, AI insights, ratios, and institutional activity refreshed after every 10-K, 10-Q, 13F, and Form 4 filing. FTHM is classified as a small company.

Which hedge funds own FTHM?

Institutional investors are required to disclose their holdings quarterly via SEC Form 13F. 13F Pro aggregates these filings to show which hedge funds, mutual funds, and asset managers are buying or selling FTHM. Combined with insider transaction data from Form 4 filings and AI-powered analysis from 10 specialized research agents, 13F Pro provides a comprehensive view of Fathom Holdings Inc.'s investment landscape.