What is Marcus & Millichap's income tax?

Marcus & Millichap (MMI) reported income tax of $934K in Q1 2026.

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

Marcus & Millichap's income tax increased by 109.8% year-over-year, from -$9.5M to $934K.

What is the long-term trend for Marcus & Millichap's income tax?

Over 3 years (2021 to 2025), Marcus & Millichap's income tax has grown at a -54.1% compound annual growth rate (CAGR), from $50.83M to $4.93M.

What does income tax mean?

Total income tax expense (current + deferred) recognized in the income statement, representing the company's total tax obligation on pre-tax income.

Marcus & Millichap MMI Income Tax

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Segments

By segment

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Reportable Segment$934K+110%

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%

Free cash flow-$30.5M+43.8%

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

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:IncomeTaxExpenseBenefit.

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 income tax?: Marcus & Millichap (MMI) reported income tax of $934K in Q1 2026.
How has Marcus & Millichap's income tax changed year-over-year?: Marcus & Millichap's income tax increased by 109.8% year-over-year, from -$9.5M to $934K.
What is the long-term trend for Marcus & Millichap's income tax?: Over 3 years (2021 to 2025), Marcus & Millichap's income tax has grown at a -54.1% compound annual growth rate (CAGR), from $50.83M to $4.93M.
What does income tax mean?: Total income tax expense (current + deferred) recognized in the income statement, representing the company's total tax obligation on pre-tax income.