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Segments

By product

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Real estate brokerage commissions$167M+18.1%
Financing fees$30.27M+15.3%
Other revenue$5.65M+22.8%

By segment

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Reportable Segment$202.92M+17.8%

Other financials

Income statement

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Operating income$2.2M+124%
Net income$3.9M+135%
EPS (diluted)$0.10+136%

Balance sheet

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Cash & equivalents$153.5M+78.6%
Total debt$74.2M-10.0%
Total equity$578.9M-4.7%
Total assets$765.8M-3.3%

Cash flow

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Operating cash flow-$27.6M+47.8%
CapEx$945.0K-45.5%
Free cash flow-$30.5M+43.8%

Valuation

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Market cap$1.2B-4.6%
Enterprise value$1.12B-10.7%
P/S1.5×-0.3×

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 ratio2.9×-0.6×

Where this comes from

Reported directly by Marcus & Millichap in its filing.

Tagged under the XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.

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 itemThree Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Real estate brokerage commissions$167,002$141,417$305,114$265,039
Financing fees30,26626,25957,11244,389
Other revenue5,6474,60012,1567,886
Total revenue202,915172,276374,382317,314
Operating expenses:
Cost of services126,666106,618230,303194,966
Selling, general and administrative71,68871,550142,903143,102
Depreciation and amortization2,3483,1534,7396,002

Item 1. Financial Statements

FAQ

What is Marcus & Millichap's total revenue?
Marcus & Millichap (MMI) reported total revenue of $202.92M in Q2 2026.
How has Marcus & Millichap's total revenue changed year-over-year?
Marcus & Millichap's total revenue increased by 17.8% year-over-year, from $172.28M to $202.92M.
What is the long-term trend for Marcus & Millichap's total revenue?
Over 4 years (2021 to 2025), Marcus & Millichap's total revenue has grown at a -12.6% compound annual growth rate (CAGR), from $1.3B to $755.16M.
What does total revenue mean?
The aggregate of all revenue from the company's operations — the top line from which all profitability metrics are derived.

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