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Marcus & Millichap MMI Deferred compensation and commissions

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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%
Free cash flow-$30.5M+43.8%

Valuation

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Market cap$1.12B-5.0%
Enterprise value$1.06B-4.9%
P/S1.4×-0.2×

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

Reported directly by Marcus & Millichap in its filing.

Tagged under the XBRL concept mmi:DeferredCompensationAndCommissionsIncreaseDecrease.

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 deferred compensation and commissions?
Marcus & Millichap (MMI) reported deferred compensation and commissions of -$26.95M in Q1 2026.
How has Marcus & Millichap's deferred compensation and commissions changed year-over-year?
Marcus & Millichap's deferred compensation and commissions increased by 36.3% year-over-year, from -$42.32M to -$26.95M.
What does deferred compensation and commissions mean?
This captures the change in liabilities related to compensation and commissions earned by employees that are deferred to future periods. It reflects the company's strategy for managing payroll-related cash outflows and incentivizing long-term retention. A decrease indicates the payout of previously accrued compensation, impacting short-term cash liquidity.