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Marcus & Millichap MMI Free cash flow

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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%
CapEx$3.0M+99.5%

Valuation

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Market cap$1.12B-25.0%
Enterprise value$1.06B-26.0%
P/S1.4×-0.7×

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 ratio2.6×-1.1×

Where this comes from

Calculated from Marcus & Millichap’s reported figures.

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 free cash flow?
Marcus & Millichap (MMI) reported free cash flow of -$30.55M in Q1 2026.
How has Marcus & Millichap's free cash flow changed year-over-year?
Marcus & Millichap's free cash flow increased by 43.8% year-over-year, from -$54.33M to -$30.55M.
What is the long-term trend for Marcus & Millichap's free cash flow?
Over 2 years (2021 to 2025), Marcus & Millichap's free cash flow has grown at a -51.4% compound annual growth rate (CAGR), from $249.05M to $58.79M.
What does free cash flow mean?
Free cash flow represents the cash generated by a company after accounting for cash outflows to support operations and maintain or expand its capital asset base. It serves as a critical indicator of a company's ability to fund organic growth, pay down debt, or return capital to shareholders without relying on external financing.