---
schema_version: "secwatch.filing_event.v1"
accession: "0001578732-25-000010"
form_type: "8-K"
ticker: "MMI"
cik: "0001578732"
company_name: "Marcus & Millichap, Inc."
filed_at: "2025-02-14T23:59:59+00:00"
generated_at: "2026-05-26T21:21:12.457515+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Marcus & Millichap Q4 revenue up 44% to $240.1M; swings to net income $8.5M from loss

## Summary
- Q4 total revenue $240.1M, up 44.4% YoY; net income $8.5M ($0.22 diluted EPS) vs net loss $10.2M in Q4 2023.
- Brokerage commissions $202.8M (+40.3%); financing fees $31.2M (+96.6%) driven by 139.4% financing volume increase.
- Full year 2024 revenue $696.1M (+7.8%); net loss $12.4M ($0.32 loss) improved from $34.0M loss in 2023.
- Adjusted EBITDA Q4 $18.0M vs $(4.5)M; full year $9.4M vs $(19.6)M.
- Investment sales professionals 1,712 vs 1,783 at year-end 2023; $70.5M remaining share repurchase authorization.

## SEC filing metadata
- accession: 0001578732-25-000010
- form_type: 8-K
- ticker: MMI
- cik: 0001578732
- company_name: Marcus & Millichap, Inc.
- filed_at: 2025-02-14T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1578732/000157873225000010/0001578732-25-000010-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1578732/000157873225000010/mmi-20250214.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001578732-25-000010
- JSON: https://secwatch.observer/filing/0001578732-25-000010.json
- Plain text: https://secwatch.observer/filing/0001578732-25-000010.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.