Anywhere Real Estate Inc 2025年季度报告

FORM10-Q ☑QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934For the quarterly period endedSeptember30, 2025 ☐TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934For the transition period from _____ to _____ (Exact name of registrant as specified in its charter)20-8050955 (Exact name of registrant as specified in its charter)20-4381990 (I.R.S. Employer Identification Number) (I.R.S. Employer Identification Number) (State or other jurisdiction of incorporation or organization) (Address of principal executive offices, including zip code) (973)407-2000 (Registrants' telephone number, including area code) Securities registered pursuant to Section 12(b) of the Act:Title of each classTrading Symbol(s) Indicate by check mark whether the Registrants (1)have filed all reports required to be filed by Section13 or 15(d) of the SecuritiesExchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports),and (2)have been subject to such filing requirements for the past 90 days.Anywhere Real Estate Inc.Yes☑No☐Anywhere Real Estate Group LLC Yes☐No☑ Indicate by check mark whether the Registrants have submitted electronically every Interactive Data File required to be submittedpursuant to Rule 405 of Regulation S-T (§ 232.405 of this chapter) during the preceding 12 months (or for such shorter period that theRegistrants were required to submit such files).Anywhere Real Estate Inc.Yes☑No☐Anywhere Real Estate Group LLCYes☑No☐ Indicate by check mark whether the Registrants are large accelerated filers, accelerated filers, non-accelerated filers, smaller reportingcompanies, or emerging growth companies. See the definitions of "large accelerated filer," "accelerated filer," "smaller reportingcompany," and "emerging growth company" in Rule 12b-2 of the Exchange Act. Anywhere Real Estate Inc.Anywhere Real Estate Group LLC If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period forcomplying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐Indicate by check mark whether the Registrants are a shell company (as defined in Rule 12b-2 of the Exchange Act). Anywhere Real Estate Inc. Yes☐No☑Anywhere Real Estate Group LLC Yes☐No☑ There were112,130,696shares of Common Stock, $0.01par value, of Anywhere Real Estate Inc. outstanding as of November3, 2025.______________________________________________________________________________________________________ TABLE OF CONTENTS Introductory NoteForward-Looking Statements Item 1.Financial Statements (Unaudited)5Report of Independent Registered Public Accounting Firm for Anywhere Real Estate Inc.5Report of Independent Registered Public Accounting Firm for Anywhere Real Estate Group LLC6Condensed Consolidated Statements of Operations for the three and nine months ended September 30, 2025 and20247Condensed Consolidated Statements of Comprehensive (Loss) Income for the three and nine months endedSeptember 30, 2025 and 20248Condensed Consolidated Balance Sheets as of September 30, 2025 and December 31, 20249Condensed Consolidated Statements of Cash Flows for the nine months ended September 30, 2025 and 202410Notes to Condensed Consolidated Financial Statements11Item 2.Management's Discussion and Analysis of Financial Condition and Results of Operations34Item 3.Quantitative and Qualitative Disclosures about Market Risks49Item 4.Controls and Procedures50PART IIOTHER INFORMATIONItem 1.Legal Proceedings52Item 1A.Risk Factors52Item 5.Other Information56Item 6.Exhibits56Signatures57 INTRODUCTORY NOTE Except as otherwise indicated or unless the context otherwise requires, the terms "we," "us," "our," "our company," "Anywhere" andthe "Company" refer to Anywhere Real Estate Inc., a Delaware corporation, and its consolidated subsidiaries, including AnywhereIntermediate Holdings LLC, a Delaware limited liability company ("Anywhere Intermediate"), and Anywhere Real Estate Group LLC,a Delaware limited liability company ("Anywhere Group"). Neither Anywhere, the indirect parent of Anywhere Group, nor AnywhereIntermediate, the direct parent company of Anywhere Group, conducts any operations other than with respect to its respective direct orindirect ownership of Anywhere Group. As a result, the consolidated financial positions, results of operations and cash flows ofAnywhere, Anywhere Intermediate and Anywhere Group are the same. As used in this Quarterly Report on Form 10-Q: •"Senior Secured Credit Agreement" refers to the Amended and Restated Credit Agreement dated as of March 5, 2013, as amended,amended and restated, modified or supplemented from time to time, that governs the senior secured credit facility, or "SeniorSecured Credit Facility", which includes the "Revolving Credit Facility";•"9.75% Senior Secured Second Lien