What is Marcus & Millichap's capex?

Marcus & Millichap (MMI) reported capex of $2.97M in Q1 2026.

How has Marcus & Millichap's capex changed year-over-year?

Marcus & Millichap's capex increased by 99.5% year-over-year, from $1.49M to $2.97M.

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.

Marcus & Millichap MMI CapEx

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$81M+26.6%

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$12.2M+165%

Ladder CapitalLADR

$743K-14.8%

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$10.21M+87.6%

Other financials

Income statement

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Revenue$171.5M+18.2%

Operating income-$5.8M+67.4%

Net income-$3.1M+29.9%

EPS (diluted)-$0.08+27.3%

Balance sheet

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Cash & equivalents$136.5M-8.8%

Total debt$75.0M-10.6%

Total equity$569.1M-7.9%

Total assets$755.0M-5.9%

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$1.12B-6.3%

Enterprise value$1.06B-6.3%

P/S1.4×-0.2×

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

See full

Return on equity-4.9%-44.5pp

Debt / equity0.1×0.0×

Current ratio2.6×-1.1×

Where this comes from

Reported directly by Marcus & Millichap in its filing.

Tagged under the XBRL concept us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.

The official record: Marcus & Millichap’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Marcus & Millichap's capex?: Marcus & Millichap (MMI) reported capex of $2.97M in Q1 2026.
How has Marcus & Millichap's capex changed year-over-year?: Marcus & Millichap's capex increased by 99.5% year-over-year, from $1.49M to $2.97M.
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.