Marcus & Millichap Q2 Revenue Jumps 17.8%, Swings to Profit
MMI sits 28% above its 52-week low of $24.43.
Summary
Marcus & Millichap reported Q2 2026 revenue of $202.9 million, up 17.8% year-over-year, driven by broad-based growth across brokerage and financing, including brokerage commission growth. Net income swung to $3.9 million, or $0.10 per share, from a loss of $11.0 million a year ago. Adjusted EBITDA rose to $12.1 million from $1.5 million. The results reflect accelerating transaction activity as CRE markets recover, with larger institutional sales volume up 43.2%. The company's fortress balance sheet supports ongoing share buybacks and platform investments. This follows the 8-K filed earlier today with the same figures, confirming the preliminary release.
At the time of this announcement, MMI was trading at $31.24 on NYSE in the Real Estate & Construction sector, with a market capitalization of approximately $1.2B. The 52-week trading range was $24.43 to $33.62. This news item was assessed with positive market sentiment and an importance score of 7 out of 10. Source: BusinessWire.