Marcus & Millichap Financial Statements
NYSE: MMIFinanceReal EstateUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Marcus & Millichap revenue and earnings
In fiscal 2025, Marcus & Millichap generated $755.2 million in revenue, up 8.5% from fiscal 2024, its 2nd consecutive year of revenue growth. Marcus & Millichap reported a net loss of $1.9 million, compared with a loss of $12.4 million a year earlier. Operating margin was -1.8%.
Diluted earnings per share came in at -$0.05. Over the last 5 fiscal years, MMI's revenue has grown at a 1.0% compound annual rate.
Summary generated from market data by MetaCap's automated system. Methodology
Marcus & Millichap income statement (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 | FY 20172017-12-31 | FY 20162016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 755.16M | 696.06M | 645.93M | 1.30B | 1.30B | 716.91M | 806.43M | 814.82M | 719.70M | 717.45M |
| Revenue growth (YoY) | +8.49% | +7.76% | -50.38% | +0.41% | +80.84% | -11.10% | -1.03% | +13.22% | +0.31% | +4.12% |
| Cost of Revenue | — | — | — | — | — | — | — | 502.88M | 446.56M | 444.77M |
| Gross Profit | — | — | — | — | — | — | — | 311.93M | 273.14M | 272.68M |
| Operating Expenses | 768.87M | 728.97M | 705.29M | 1.16B | 1.11B | 663.29M | 710.00M | 702.53M | 623.57M | 610.95M |
| Selling, General & Admin | 286.28M | 280.91M | 285.02M | 300.01M | 255.15M | 204.51M | 203.11M | 193.35M | 171.65M | 161.79M |
| Operating Income | -13.71M | -32.91M | -59.37M | 137.40M | 189.36M | 53.61M | 96.42M | 112.29M | 96.13M | 106.50M |
| Interest Expense | 773.00K | 812.00K | 888.00K | 708.00K | 580.00K | 900.00K | 1.39M | 1.40M | 1.50M | 1.53M |
| Other Income (Expense) | 17.50M | 20.69M | 19.86M | 5.34M | 4.53M | 6.65M | 12.48M | 6.33M | 4.59M | 2.13M |
| Pretax Income | 3.02M | -13.03M | -40.40M | 142.03M | 193.30M | 59.36M | 107.51M | 117.22M | 99.23M | 107.10M |
| Income Tax | 4.93M | -666.00K | -6.37M | 37.80M | 50.83M | 16.53M | 30.58M | 29.96M | 47.70M | 42.45M |
| Net Income | -1.91M | -12.36M | -34.03M | 104.22M | 142.47M | 42.84M | 76.93M | 87.26M | 51.52M | 64.66M |
| Net Income growth (YoY) | — | — | -132.66% | -26.84% | +232.58% | -44.32% | -11.84% | +69.35% | -20.31% | -2.55% |
| EPS (Basic) | -0.05 | -0.32 | -0.88 | 2.61 | 3.57 | 1.08 | 1.95 | 2.23 | 1.32 | 1.66 |
| EPS (Diluted) | -0.05 | -0.32 | -0.88 | 2.59 | 3.55 | 1.08 | 1.95 | 2.22 | 1.32 | 1.66 |
| Shares Outstanding (Basic) | 38.94M | 38.68M | 38.66M | 39.89M | 39.89M | 39.64M | 39.40M | 39.15M | 38.99M | 38.90M |
| Shares Outstanding (Diluted) | 38.94M | 38.68M | 38.66M | 40.19M | 40.19M | 39.73M | 39.55M | 39.38M | 39.10M | 39.03M |
| EBITDA | -1.61M | -16.32M | -45.74M | 150.81M | 201.08M | 64.51M | 104.44M | 118.58M | 101.50M | 110.89M |
| Gross Margin | — | — | — | — | — | — | — | 38.28% | 37.95% | 38.01% |
| Operating Margin | -1.82% | -4.73% | -9.19% | 10.56% | 14.61% | 7.48% | 11.96% | 13.78% | 13.36% | 14.84% |
| Net Margin | -25.00% | -1.78% | -5.27% | 8.01% | 10.99% | 5.98% | 9.54% | 10.71% | 7.16% | 9.01% |
This table shows 10 annual periods of Marcus & Millichap's income statement, from FY 2025 back to FY 2016, across 19 line items including revenue, cost of revenue, gross profit. Values in USD; B = billions, M = millions. Fiscal periods follow MMI's reporting calendar. What is a income statement?