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Other financials

Income statement

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Revenue$202.9M+17.8%
Operating income$2.2M+124%
Net income$3.9M+135%
EPS (diluted)$0.10+136%

Balance sheet

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Cash & equivalents$153.5M+78.6%
Total debt$74.2M-10.0%
Total equity$578.9M-4.7%
Total assets$765.8M-3.3%

Cash flow

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Operating cash flow-$27.6M+47.8%
Free cash flow-$30.5M+43.8%

Valuation

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Market cap$1.2B-4.6%
Enterprise value$1.12B-10.7%
P/S1.5×-0.3×

Profitability

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Gross margin38.1%
Operating margin-9.1%+59.1pp
Net margin-5%-19.8pp
FCF margin10.6%+8.7pp

Returns & leverage

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Return on equity-4.9%-44.5pp
Debt / equity0.1×0.0×
Current ratio2.9×-0.6×

Where this comes from

Reported directly by Marcus & Millichap in its filing.

Tagged under the XBRL concept us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.

The source filing: Marcus & Millichap’s 10-Q, filed August 6, 2026.

Filed
Aug 6, 2026, 4:59 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001628280-26-054439
Line itemSix Months Ended June 30, 2026Six Months Ended June 30, 2025
Proceeds from sales and maturities of marketable debt securities, available-for-sale120,307191,176
Issuances of employee notes receivable(50)(100)
Payments received on employee notes receivable25
Purchase of property and equipment(3,919)(3,224)
Net cash provided by (used in) investing activities38,504(10,076)
Cash flows from financing activities
Taxes paid related to net share settlement of stock-based awards(3,413)(4,976)
Proceeds from issuance of shares pursuant to employee stock purchase plan540441

Item 1. Financial Statements

FAQ

What is Marcus & Millichap's capex?
Marcus & Millichap (MMI) reported capex of $945K in Q2 2026.
How has Marcus & Millichap's capex changed year-over-year?
Marcus & Millichap's capex decreased by 45.5% year-over-year, from $1.73M to $945K.
What is the long-term trend for Marcus & Millichap's capex?
Over 4 years (2021 to 2025), Marcus & Millichap's capex has grown at a 3.5% compound annual growth rate (CAGR), from $6.86M to $7.87M.
What does capex mean?
Cash spent on property, plant, and equipment — the primary measure of investment in productive capacity and infrastructure.

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