Marcus & Millichap MMI Facility expenses — Total cost of service

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Questions, answered.

What is Marcus & Millichap's facility expenses — total cost of service?

Marcus & Millichap (MMI) reported facility expenses — total cost of service of $8.37M in Q1 2026.

How has Marcus & Millichap's facility expenses — total cost of service changed year-over-year?

Marcus & Millichap's facility expenses — total cost of service decreased by 4.4% year-over-year, from $8.76M to $8.37M.

What is the long-term trend for Marcus & Millichap's facility expenses — total cost of service?

Over 3 years (2022 to 2025), Marcus & Millichap's facility expenses — total cost of service has grown at a -1.1% compound annual growth rate (CAGR), from $35.49M to $34.38M.

What does facility expenses — total cost of service mean?

This metric represents the aggregate direct costs associated with maintaining and operating the physical facilities required to support the delivery of brokerage and advisory services. It encompasses expenses such as rent, utilities, maintenance, and other occupancy-related overhead directly attributable to the firm's operational footprint. Monitoring this figure helps assess the efficiency of the company's real estate infrastructure relative to its service revenue generation.