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Property portal giant Rightmove has reported a “strong operational and financial performance” in 2025, with profits rising 12.2% as it carries out a new share buyback programme.
Rightmove reported pre-tax profits of £290m for 2025, up from £258.4m in 2024. Total revenue stood at £425.1m, up 9% year on year.
The results announcement comes as Rightmove today (27 February) launched a £90m share buyback programme, to be completed by the end of July, with a final dividend of £50m to be paid in May.
Basic earnings per share increased from 24.4p at the end of 2024 to 28.1p per share, which the portal said reflected the profit increase, but also the impact of previous share buyback programmes.
This included £219.7m of surplus cash returned to shareholders through share buybacks and dividends last year, up 21% from £181.7m the year before.
Chief executive Johan Svanstrom said that over the year, the Rightmove achieved “higher financial growth, accelerated our platform and product capabilities, and introduced a record number of new products for partners and consumers”.
He added: “In parallel, and against the rapidly evolving backdrop of AI and shifting technology, we refreshed our strategy to enable us to stay ahead of how consumer behaviour might evolve, strengthen our partner-facing operations and further leveraged our extensive proprietary datasets.”
Average total membership increased 2% on 2024, with the number of estate agency branches signed up rising 2% to 372.
In November, estate agents led by a former Competition and Markets Authority panel member Jeremy Newman announced plans to launch a legal battle against Rightmove over “unfair” fees, seeking estimated damages of £1bn.
Fully funded by Innsworth Capital, the estate agents accuse the online property portal of abusing its dominant market position by charging “unfair and excessive” prices to several thousand UK estate agents.
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