---
schema_version: "secwatch.filing_event.v1"
accession: "0001578732-25-000027"
form_type: "8-K"
ticker: "MMI"
cik: "0001578732"
company_name: "Marcus & Millichap, Inc."
filed_at: "2025-05-07T23:59:59+00:00"
generated_at: "2026-05-22T08:05:58.566495+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Marcus & Millichap Q1 revenue up 12.3% to $145M; net loss narrows to $4.4M from $10M

## Summary
- Revenue $145.0M (+12.3% YoY); brokerage commissions $123.6M (+12.9%).
- Net loss $4.4M ($0.11 diluted EPS) vs loss $10.0M ($0.26) prior year.
- Adjusted EBITDA $(8.7)M compared to $(10.1)M in Q1 2024.
- Semi-annual dividend of $0.25/share paid Apr 4; share buybacks $0.4M in Q1.
- Shareholders elected three directors, ratified EY auditor, approved say-on-pay (1-year).

## SEC filing metadata
- accession: 0001578732-25-000027
- form_type: 8-K
- ticker: MMI
- cik: 0001578732
- company_name: Marcus & Millichap, Inc.
- filed_at: 2025-05-07T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 5.07, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1578732/000157873225000027/0001578732-25-000027-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1578732/000157873225000027/mmi-20250501.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001578732-25-000027
- JSON: https://secwatch.observer/filing/0001578732-25-000027.json
- Plain text: https://secwatch.observer/filing/0001578732-25-000027.txt

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