Flash FinanceUS
Market closed · weekend S&P 5007,376.86+0.31% Nasdaq24,579.42+1.09% Dow 3051,285.73-0.46% Russell 20002,754.11+0.89% Nasdaq-10026,989.99+1.35% MidCap 4003,602.50+0.56% SmallCap 6001,673.98+0.05% VIX25.64-9.01% 10Y Yield4.86+0.45% Close of Nov 06, 2026

Marcus & Millichap, Inc. (MMI)

NYSE Real Estate Real Estate Services S&P SmallCap 600
$27.75
-0.91 (-3.18%)
Close of Nov 06, 2026 · end-of-day data
Source: Marcus & Millichap, Inc.'s 10-K / 10-Q XBRL data on SEC EDGAR · fetched Nov 06, 2026

Revenue, net income & free cash flow

Income statement

fiscal years · USD
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue$717.45M$719.70M$814.82M$806.43M$716.91M$1.30B$1.30B$645.93M$696.06M$755.16M
Cost of revenue$444.77M$446.56M$502.88M———————
Gross profit$272.68M$273.14M$311.93M———————
Selling, general & admin$161.79M$171.65M$193.35M$203.11M$204.51M$255.15M$300.01M$285.02M$280.91M$286.28M
Operating income$106.50M$96.13M$112.29M$96.42M$53.61M$189.36M$137.40M-$59.37M-$32.91M-$13.71M
Interest expense$1.53M$1.50M$1.40M$1.39M$900.00K$580.00K$708.00K$888.00K$812.00K$773.00K
Pre-tax income$107.10M$99.23M$117.22M$107.51M$59.36M$193.30M$142.03M-$40.40M-$13.03M$3.02M
Income tax$42.45M$47.70M$29.96M$30.58M$16.53M$50.83M$37.80M-$6.37M-$666.00K$4.93M
Net income$64.66M$51.52M$87.26M$76.93M$42.84M$142.47M$104.22M-$34.03M-$12.36M-$1.91M
EBITDA$110.89M$101.50M$118.58M$104.44M$64.51M$201.08M$150.81M-$45.74M-$16.32M-$1.61M
EPS (basic)$1.66$1.32$2.23$1.95$1.08$3.57$2.61$-0.88$-0.32$-0.05
EPS (diluted)$1.66$1.32$2.22$1.95$1.08$3.55$2.59$-0.88$-0.32$-0.05
Diluted shares39.03M39.10M39.38M39.55M39.73M40.19M40.19M38.66M38.68M38.94M
Gross margin38.0%38.0%38.3%———————
Operating margin14.8%13.4%13.8%12.0%7.5%14.6%10.6%-9.2%-4.7%-1.8%
Net margin9.0%7.2%10.7%9.5%6.0%11.0%8.0%-5.3%-1.8%-0.3%

Balance sheet

fiscal years · USD
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash & equivalents$187.37M$220.79M$214.68M$232.67M$243.15M$382.14M$235.87M$170.75M$153.44M$161.92M
Short-term investments$27.45M$73.56M$137.44M$150.75M$158.26M$183.87M$253.43M$168.88M$189.67M$90.56M
Total current assets$234.01M$320.43M$371.34M$410.17M$429.08M$608.13M$527.14M$393.69M$410.32M$309.21M
Goodwill—$0$11.46M$15.07M$33.38M$34.07M$37.91M$38.05M$37.60M$37.85M
Total assets$394.02M$459.66M$566.38M$709.03M$779.12M$1.05B$1.00B$878.41M$869.80M$827.18M
Total current liabilities$78.18M$83.26M$92.86M$101.81M$120.32M$225.63M$152.01M$105.27M$133.02M$121.45M
Total liabilities$135.16M$144.78M$156.81M$214.13M$232.29M$348.89M$290.20M$233.14M$238.98M$224.08M
Shareholders' equity$258.85M$314.89M$409.57M$494.87M$546.84M$696.30M$713.51M$645.27M$630.82M$603.10M

Cash flow

fiscal years · USD
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow$74.49M$66.54M$117.31M$25.29M$38.09M$255.90M$13.63M-$72.43M$21.71M$66.66M
Capital expenditures$9.47M$6.55M$8.07M$8.81M$6.95M$6.86M$11.67M$9.37M$7.87M$7.87M
Free cash flow$65.01M$59.98M$109.24M$16.48M$31.14M$249.05M$1.96M-$81.80M$13.84M$58.78M
Investing cash flow$19.82M-$27.34M-$117.98M-$3.42M-$17.23M-$108.36M-$53.98M$74.87M-$9.90M-$3.82M
Financing cash flow-$3.12M-$5.78M-$5.44M-$3.88M-$10.33M-$5.92M-$105.56M-$67.68M-$28.75M-$54.58M
Dividends paid————$0$0$60.36M$20.10M$20.23M$20.55M
Share buybacks————$0$0$29.05M$39.44M$785.00K$25.37M
Stock-based compensation$7.04M$9.14M$11.98M$9.28M$9.90M$10.36M$17.31M$24.15M$23.79M$24.23M
Depreciation & amortization$4.39M$5.36M$6.30M$8.02M$10.90M$11.72M$13.41M$13.63M$16.59M$12.10M

Quarterly figures are rebuilt from the year-to-date totals companies report — Q4 is the full year minus the first nine months, since no 10-Q is filed for it. Values are as filed; later restatements replace earlier ones. Fiscal years are labelled by the calendar year in which they end.