Marcus & Millichap MMI Business Segments — Operating Expenses

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SLMReportable Segment — Operating Expenses

$170.36M+10.9%

REALReportable Segment — Operating Expenses

$143.61M+8.1%

CRONReportable Segment — Operating Expenses

$20.99M+17.9%

PCVXReportable Segment — Operating Expenses

$345.85M+91.3%

HYLNReportable Segment — Operating Expenses

$13.4M-32.3%

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Questions, answered.

What is Marcus & Millichap's business segments — operating expenses?

Marcus & Millichap (MMI) reported business segments — operating expenses of $174.57M in Q1 2026.

How has Marcus & Millichap's business segments — operating expenses changed year-over-year?

Marcus & Millichap's business segments — operating expenses increased by 16.8% year-over-year, from $149.46M to $174.57M.

What is the long-term trend for Marcus & Millichap's business segments — operating expenses?

Over 3 years (2022 to 2025), Marcus & Millichap's business segments — operating expenses has grown at a -14.2% compound annual growth rate (CAGR), from $1.2B to $757.07M.

What does business segments — operating expenses mean?

Encompasses all costs incurred by the reportable segment to conduct its day-to-day business, including personnel, marketing, and administrative overhead. This metric is a primary measure of the segment's operational efficiency and cost management discipline. Investors use this to evaluate the scalability of the business model relative to revenue generation.