Marcus & Millichap Quarterly Cash Flow Statement
NYSE: MMIFinanceReal EstateUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Marcus & Millichap free cash flow
In the quarter ended Jun 30, 2026, Marcus & Millichap generated $22.2 million of operating cash flow and spent $945,000 on capital expenditures. That left free cash flow of $21.2 million, a free-cash-flow margin of 10.5% of revenue. Free cash flow was up 10.1% from the prior year's $19.3 million.
Marcus & Millichap returned $10.1 million to shareholders: $9.6 million in dividends and $545,000 in share repurchases, equal to 48% of free cash flow. Free cash flow covered dividend payments 2.2 times.
Summary generated from market data by MetaCap's automated system. Methodology
Marcus & Millichap cash flow statement (quarterly)
| Quarter (USD) | Q2 20262026-06-30 | Q1 20262026-03-31 | Q4 20252025-12-31 | Q3 20252025-09-30 | Q2 20252025-06-30 | Q1 20252025-03-31 | Q4 20242024-12-31 | Q3 20242024-09-30 | Q2 20242024-06-30 | Q1 20242024-03-31 | Q4 20232023-12-31 | Q3 20232023-09-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | 3.91M | -3.10M | 13.31M | 240.00K | -11.04M | -4.42M | 8.55M | -5.38M | -5.54M | -9.99M | -10.23M | -9.24M |
| Net Income growth (YoY) | — | — | +55.69% | — | — | — | — | — | — | — | -229.34% | -143.25% |
| Depreciation & Amortization | 2.35M | 2.39M | 3.35M | 2.74M | 3.15M | 2.85M | 5.29M | 4.55M | 3.33M | 3.42M | 3.31M | 3.64M |
| Stock-Based Compensation | 6.78M | 6.62M | 5.86M | 5.97M | 6.22M | 6.18M | 6.04M | 6.07M | 5.89M | 5.79M | 8.34M | 5.45M |
| Change in Working Capital | 529.00K | -477.00K | -2.36M | 5.46M | -3.26M | -2.37M | -1.08M | -805.00K | -498.00K | 1.34M | -3.10M | -3.05M |
| Operating Cash Flow | 22.18M | -27.57M | 46.27M | 52.21M | 21.02M | -52.84M | 56.66M | 15.23M | 851.00K | -51.02M | 14.68M | 7.66M |
| Capital Expenditures | -945.00K | -2.97M | -2.40M | -2.25M | -1.73M | -1.49M | -1.53M | -2.05M | -1.66M | -2.64M | -1.68M | -2.22M |
| Investing Cash Flow | 4.70M | 33.80M | 25.39M | -19.14M | -67.24M | 57.17M | -65.21M | -3.47M | 80.38M | -21.60M | -53.87M | 46.36M |
| Dividends Paid | -9.58M | -775.00K | -9.79M | -178.00K | -9.88M | -697.00K | -9.74M | -150.00K | -9.74M | -592.00K | -9.66M | -112.00K |
| Share Repurchases | -545.00K | -24.95M | -17.39M | -577.00K | -6.97M | -425.00K | -231.00K | 0 | 0 | -554.00K | -4.51M | 0 |
| Financing Cash Flow | -9.73M | -31.55M | -27.15M | -1.57M | -17.79M | -8.07M | -10.41M | -1.12M | -9.73M | -7.50M | -14.36M | -946.00K |
| Net Change in Cash | 17.01M | -25.41M | 44.56M | 31.41M | -63.75M | -3.74M | -19.27M | 10.72M | 71.44M | -80.20M | -53.42M | 52.95M |
| Free Cash Flow | 21.23M | -30.55M | 43.87M | 49.96M | 19.29M | -54.33M | 55.13M | 13.18M | -806.00K | -53.66M | 13.00M | 5.44M |
This table shows 12 quarterly periods of Marcus & Millichap's cash flow statement, from Q2 2026 back to Q3 2023, across 12 line items including net income, depreciation & amortization, stock-based compensation. Values in USD; B = billions, M = millions. Fiscal periods follow MMI's reporting calendar. What is a cash flow statement?