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AI brief of an SEC Form 8-K · Marcus & Millichap (MMI)

Marcus & Millichap Q4 revenue rises 44.4% to $240.1 million; net income of $8.5 million

Positive Impact 3 of 5 earnings Written later

Marcus & Millichap reported fourth quarter 2024 revenue of $240.1 million, up 44.4% from $166.2 million a year earlier, and net income of $8.5 million, or $0.22 per diluted share, compared with a net loss of $10.2 million in the prior-year quarter. For full year 2024, revenue rose 7.8% to $696.1 million and the net loss narrowed to $12.4 million from $34.0 million, but the company said its results are preliminary until it files its Form 10-K.

Key points

  • Q4 2024 total revenue was $240.1 million versus $166.2 million; brokerage commissions were $202.8 million versus $144.6 million.
  • Full year 2024 net loss was $12.4 million, or $0.32 per diluted share, compared with a net loss of $34.0 million, or $0.88, in 2023.
  • Management said near-term challenges are expected to extend through the first half of 2025, with about $70.5 million remaining under the share repurchase program.
  • The company has not yet filed its Form 10-K for 2024, so all reported results are subject to change.

The filing

CompanyMarcus & Millichap (MMI)
Form8-K, current report
Filed with the SECFeb 13, 2025, 9:03 PM ET
Accession number0001578732-25-000010

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 6:59 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on February 13, 2025.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.