earnings
confidence high
sentiment negative
materiality 0.60
Marcus & Millichap Q2 revenue up 8.8% to $172.3M; net loss widens to $11.0M on $7.3M tax provision
Marcus & Millichap, Inc.
2025-Q2 EPS reported
-$0.40
revenue$317,314,000
- Total revenue $172.3M (+8.8% YoY); brokerage commissions $141.4M (+4.4%).
- Net loss $11.0M ($0.28 diluted) vs $5.5M loss ($0.14) in Q2 2024; includes $7.3M income tax provision.
- Private Client Market brokerage revenue $93.5M (+10.3%); Middle Market & Larger Transaction revenue $42.3M (-6.6%).
- Financing fees $26.3M (+43.5%) on 86% volume increase; adjusted EBITDA $1.5M (flat).
- Board declared $0.25/share semi-annual dividend payable Oct 6, 2025; 242,821 shares repurchased in H1 2025 at avg $30.47.
item 2.02item 9.01