Marcus & Millichap MMI

$ 24.91 -7.19%

Quarterly report 2026-Q3
added 11-06-2026

Marcus & Millichap Income Statement 2025-2010 | MMI

Brief overview of profit and loss at Marcus & Millichap

The conclusions below are based on five years of reported results. The revenue attributed to Marcus & Millichap moved from 717 million dollars to 755 million dollars between the two endpoints. Across the full period, sales moved by +5.3%; the average annual rate was 1%. The scale of the core business was largely unchanged.

The five-year EBITDA result moved by −102.5%: from 64.5 million dollars to −1.6 million dollars. The operating result developed less favorably than sales. EBITDA margin moved from 9% to −0.2%. The margin contraction indicates weaker operating efficiency.

Comparing the endpoints shows a move from 42.8 million dollars to −1.9 million dollars. The move from profit to loss indicates a material deterioration in final efficiency.

Market capitalization changed from $1.4 billion to $1 billion (−27%). The market became more cautious about the prospects of the business.

Financial takeaway

The current trajectory does not yet confirm a sustainable recovery. The weaker side of the profile includes weak sales momentum, a low EBITDA margin and a weaker final result. Further direction will depend on top-line growth, operating profitability, and net income.

Annual Income Statement Marcus & Millichap

	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010
Market Cap	1.03 B	1.5 B	1.42 B	1.47 B	2.05 B	1.42 B	1.43 B	1.53 B	1.26 B	994 M	918 M	1.33 B	618 M	-	-	-
Shares	38.9 M	38.7 M	38.7 M	39.9 M	39.9 M	39.6 M	39.4 M	39.1 M	39 M	38.9 M	38.8 M	38.9 M	38.8 M	-	-	-
Historical Prices	26.5	38.9	36.9	36.9	51.5	37.2	37.2	34.3	32.6	26.7	29.1	33.2	14.9	-	-	-
Net Income	-1.91 M	-12.4 M	-34 M	104 M	142 M	42.8 M	76.9 M	87.3 M	51.5 M	64.7 M	66.4 M	49.5 M	8.21 M	27.9 M	13.4 M	-
Revenue	755 M	696 M	646 M	1.3 B	1.3 B	717 M	806 M	815 M	720 M	717 M	689 M	572 M	436 M	386 M	275 M	-
Cost of Revenue	-	-	-	-	-	-	-	503 M	447 M	445 M	-	-	-	-	-	-
Gross Profit	-	-	-	-	-	269 M	308 M	312 M	273 M	273 M	266 M	222 M	171 M	155 M	112 M	-
Operating Income	-13.7 M	-32.9 M	-59.4 M	137 M	189 M	53.6 M	96.4 M	112 M	96.1 M	107 M	115 M	84.6 M	21.3 M	49 M	23.5 M	-
Interest Expense	-	-	888 K	708 K	580 K	900 K	1.39 M	1.4 M	1.5 M	1.53 M	1.73 M	1.65 M	105 K	4 K	-	-
EBITDA	-1.61 M	-16.3 M	-45.7 M	151 M	201 M	64.5 M	104 M	119 M	101 M	111 M	118 M	87.8 M	24.3 M	52 M	26.4 M	-
Operating Expenses	769 M	729 M	705 M	1.16 B	1.11 B	215 M	211 M	200 M	177 M	166 M	151 M	137 M	150 M	106 M	88.8 M	-
General and Administrative Expenses	286 M	281 M	285 M	300 M	255 M	205 M	203 M	193 M	172 M	162 M	148 M	134 M	147 M	103 M	85.8 M	-

All numbers in USD currency

Quarterly Income Statement Marcus & Millichap

	2026-Q3	2026-Q2	2026-Q1	2025-Q4	2025-Q3	2025-Q2	2025-Q1	2024-Q4	2024-Q3	2024-Q2	2024-Q1	2023-Q4	2023-Q3	2023-Q2	2023-Q1	2022-Q4	2022-Q3	2022-Q2	2022-Q1	2021-Q4	2021-Q3	2021-Q2	2021-Q1	2020-Q4	2020-Q3	2020-Q2	2020-Q1	2019-Q4	2019-Q3	2019-Q2	2019-Q1	2018-Q4	2018-Q3	2018-Q2	2018-Q1	2017-Q4	2017-Q3	2017-Q2	2017-Q1	2016-Q4	2016-Q3	2016-Q2	2016-Q1	2015-Q4	2015-Q3	2015-Q2	2015-Q1	2014-Q4	2014-Q3	2014-Q2	2014-Q1	2013-Q4	2013-Q3	2013-Q2	2013-Q1	2012-Q4	2012-Q3	2012-Q2	2012-Q1	2011-Q4	2011-Q3	2011-Q2	2011-Q1
Shares	37.9 M	37.8 M	38.2 M	-39 K	39 M	39 M	38.9 M	49 M	38.8 M	38.7 M	38.4 M	-81 K	38.5 M	38.5 M	39.2 M	-145 K	40.1 M	40 M	40 M	29 M	39.9 M	39.9 M	39.8 M	25 M	39.7 M	39.6 M	39.5 M	21 M	39.4 M	39.4 M	39.3 M	2 K	39.2 M	39.2 M	39.1 M	-7 K	39 M	39 M	38.9 M	-17 K	38.9 M	38.9 M	38.9 M	-20 K	38.9 M	38.9 M	39 M	4 K	38.8 M	38.8 M	38.8 M	38.8 M	234 K	36.6 M	36.6 M	-	234 K	-	-	-	-	-	-
Net Income	1.01 M	3.91 M	-3.1 M	13.3 M	240 K	-11 M	-4.42 M	8.55 M	-5.38 M	-5.54 M	-9.97 M	-10.2 M	-9.23 M	-8.72 M	-5.82 M	7.92 M	21.4 M	42.2 M	32.7 M	62 M	33.9 M	31.5 M	15 M	23.6 M	6.04 M	106 K	13.1 M	20.7 M	19.3 M	21.3 M	15.6 M	26.2 M	20.9 M	22.2 M	18 M	8.48 M	15.5 M	15.6 M	12 M	17.2 M	15.1 M	17.5 M	14.8 M	19.9 M	15.2 M	17.6 M	13.7 M	16.4 M	13.5 M	12.8 M	6.78 M	9.25 M	7.28 M	8.01 M	1.64 M	13 M	6.4 M	6.25 M	2.24 M	-	-	-	-
Revenue	208 M	203 M	171 M	244 M	194 M	172 M	145 M	240 M	169 M	158 M	129 M	166 M	162 M	163 M	155 M	262 M	324 M	396 M	319 M	495 M	332 M	285 M	184 M	250 M	159 M	117 M	191 M	238 M	198 M	210 M	161 M	230 M	211 M	199 M	175 M	203 M	183 M	180 M	153 M	189 M	181 M	793 K	1.6 M	203 M	305 K	238 K	1 M	172 M	872 K	134 M	60 K	149 M	112 M	105 M	69.4 M	148 M	91.2 M	84.2 M	62.7 M	-	-	-	-
Cost of Revenue	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	155 M	124 M	128 M	91.7 M	148 M	133 M	120 M	102 M	132 M	115 M	110 M	89.6 M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gross Profit	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	82.7 M	74.1 M	81.7 M	69 M	81.8 M	77.7 M	79.5 M	72.9 M	71 M	68.5 M	70 M	63.6 M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Operating Income	-906 K	2.21 M	-5.78 M	15.4 M	-2.37 M	-9.04 M	-17.7 M	6.7 M	-11.5 M	-8.05 M	-20.1 M	-17.2 M	-15.4 M	-10.7 M	-16.1 M	5.86 M	30.6 M	56.7 M	44.2 M	81.9 M	45.7 M	41.6 M	20.2 M	30.1 M	6.54 M	-2.61 M	19.6 M	27.1 M	24.1 M	27 M	18.3 M	32.5 M	27.4 M	29 M	23.5 M	27.4 M	24.7 M	25 M	19 M	27.9 M	24.9 M	28.8 M	24.9 M	33.9 M	27.4 M	29.5 M	23.8 M	27.1 M	23.7 M	21.7 M	12.1 M	-8.16 M	12.6 M	14.2 M	2.66 M	23 M	11.3 M	11.1 M	3.68 M	-	-	-	-
Interest Expense	-	-	-	-	-	-	-	-	-	-	199 K	216 K	241 K	216 K	215 K	161 K	229 K	158 K	160 K	144 K	144 K	146 K	146 K	205 K	199 K	213 K	283 K	370 K	329 K	340 K	349 K	346 K	342 K	352 K	360 K	370 K	370 K	374 K	382 K	378 K	380 K	384 K	391 K	377 K	380 K	386 K	583 K	449 K	397 K	401 K	404 K	-	-	-	-	-	-	-	-	-	-	-	-
EBITDA	-606 K	2.51 M	-5.38 M	15.8 M	-1.77 M	-8.54 M	-17.1 M	9.7 M	-9.26 M	-7.05 M	-19.1 M	-16.1 M	-14.1 M	-9.58 M	-14.9 M	7.06 M	31.8 M	60.1 M	45.4 M	82.7 M	46.6 M	42.6 M	21.3 M	26.5 M	9.15 M	138 K	22.1 M	29.4 M	26 M	28.9 M	18.5 M	32.7 M	29 M	30.5 M	24.8 M	23.4 M	26.1 M	26.3 M	20.3 M	29.1 M	26.1 M	29.8 M	25.9 M	34.8 M	28.2 M	30.3 M	24.6 M	27.9 M	24.5 M	22.5 M	12.8 M	-7.38 M	13.4 M	14.9 M	3.42 M	23 M	12 M	11.1 M	3.68 M	-	-	-	-
Operating Expenses	209 M	201 M	177 M	229 M	196 M	181 M	163 M	233 M	180 M	166 M	149 M	183 M	177 M	174 M	171 M	257 M	293 M	339 M	275 M	413 M	287 M	243 M	164 M	220 M	152 M	120 M	171 M	211 M	174 M	183 M	142 M	198 M	183 M	170 M	151 M	175 M	159 M	155 M	134 M	161 M	156 M	155 M	139 M	169 M	138 M	144 M	123 M	145 M	127 M	113 M	103 M	157 M	99.3 M	91.3 M	66.7 M	-	79.9 M	-	-	-	-	-	-
General and Administrative Expenses	73.5 M	71.7 M	71.2 M	70.7 M	72.5 M	71.6 M	71.6 M	76.3 M	70.7 M	65 M	68.9 M	74.7 M	69.2 M	68.9 M	72.2 M	72.6 M	73 M	79.8 M	74.5 M	77 M	64.7 M	61.8 M	51.7 M	56.4 M	49.7 M	43.5 M	54.9 M	53.3 M	48.1 M	52.8 M	48.9 M	47.6 M	48.7 M	49.1 M	48.1 M	42.3 M	42.5 M	43.7 M	43.2 M	38.4 M	40.7 M	40.4 M	42.3 M	38.6 M	35.6 M	37.6 M	35.8 M	34.7 M	34.1 M	32.1 M	33.4 M	31 M	30.9 M	29.1 M	24.7 M	-	25 M	-	-	-	-	-	-

All numbers in USD currency

The income statement is one of the three key financial reports of a company Marcus & Millichap (alongside the balance sheet and the cash flow statement). It shows how the company makes money and what its expenses are:

How much revenue the company earned
How much it spent on production, personnel, marketing, taxes, etc.
What profit remained in the end

Analyzing the income statement helps an investor understand whether the business generates stable and growing profits, how effectively the company controls its expenses, and whether it is capable of generating income in the future. Additionally, this analysis shows how the company copes with crises and economic cycles, and allows assessing the potential for stock price growth and dividend payments.

Features

The income statement may include both recurring and one-time items (for example, profit from the sale of assets). It is necessary to separate core metrics from one-off events for accurate analysis.
Companies often publish interim reports (e.g., quarterly), which allows for more timely tracking of trends.
A combined analysis of the income statement with the balance sheet and cash flow statement provides a comprehensive view of the company’s financial health.

Reports on the profits and losses of other stocks in the Real estate services industry

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Marcus & Millichap Income Statement 2025-2010 | MMI

Brief overview of profit and loss at Marcus & Millichap

Financial takeaway

Annual Income Statement Marcus & Millichap

Market Cap

Shares

Historical Prices

Net Income

Revenue

Cost of Revenue

Gross Profit

Operating Income

Interest Expense

EBITDA

Operating Expenses

General and Administrative Expenses

Annual performance