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Marcus & Millichap MMI Cost of services — Cost of Services
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Where this comes from
Reported directly by Marcus & Millichap in its filing.
Tagged under the XBRL concept mmi:ServicesCost.
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 item | Three Months Ended June 30, 2026 | Three Months Ended June 30, 2025 | Six Months Ended June 30, 2026 | Six Months Ended June 30, 2025 |
|---|---|---|---|---|
| Other revenue | 5,647 | 4,600 | 12,156 | 7,886 |
| Total revenue | 202,915 | 172,276 | 374,382 | 317,314 |
| Operating expenses: | ||||
| Cost of services | 126,666 | 106,618 | 230,303 | 194,966 |
| Selling, general and administrative | 71,688 | 71,550 | 142,903 | 143,102 |
| Depreciation and amortization | 2,348 | 3,153 | 4,739 | 6,002 |
| Total operating expenses | 200,702 | 181,321 | 377,945 | 344,070 |
| Operating income (loss) | 2,213 | (9,045) | (3,563) | (26,756) |
Item 1. Financial Statements
FAQ
- What is Marcus & Millichap's cost of services — cost of services?
- Marcus & Millichap (MMI) reported cost of services — cost of services of $126.67M in Q2 2026.
- How has Marcus & Millichap's cost of services — cost of services changed year-over-year?
- Marcus & Millichap's cost of services — cost of services increased by 18.8% year-over-year, from $106.62M to $126.67M.
- What is the long-term trend for Marcus & Millichap's cost of services — cost of services?
- Over 3 years (2022 to 2025), Marcus & Millichap's cost of services — cost of services has grown at a -17.9% compound annual growth rate (CAGR), from $850.89M to $470.49M.
- What does cost of services — cost of services mean?
- This metric represents the direct variable expenses incurred to generate revenue from commercial real estate brokerage and financing activities. It primarily consists of commission payouts to investment professionals and compensation-related costs tied directly to transaction volume. Monitoring this figure helps investors assess the variable cost structure and operating leverage inherent in the firm's transaction-based business model.
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