---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-22-028326"
form_type: "8-K"
ticker: "MMI"
cik: "0001578732"
company_name: "Marcus & Millichap, Inc."
filed_at: "2022-11-04T23:59:59+00:00"
generated_at: "2026-06-22T06:56:13.257438+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Marcus & Millichap Q3 revenue $323.8M (-2.6%), EPS $0.53 vs $0.84; YTD revenue up 29.7% to $1.0B

## Summary
- Net income $21.4M ($0.53 diluted EPS) vs $33.9M ($0.84) year ago; includes $0.03 FX loss.
- Brokerage commissions $292.9M (-2.3%); Middle Market/Larger Transaction segment up 9.9%, Private Client down 9.6%.
- Financing fees $28.1M (-4.4%) as transaction count fell 13.7%.
- Adjusted EBITDA $36.6M vs $51.0M in Q3 2021; YTD adjusted EBITDA $151.4M, up 21.3%.
- Investment sales professionals 1,880, net loss of 102 vs prior year; repurchased 226,795 shares for $7.6M in Q3.

## SEC filing metadata
- accession: 0001628280-22-028326
- form_type: 8-K
- ticker: MMI
- cik: 0001578732
- company_name: Marcus & Millichap, Inc.
- filed_at: 2022-11-04T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1578732/000162828022028326/0001628280-22-028326-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1578732/000162828022028326/mmi-20221104.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-22-028326
- JSON: https://secwatch.observer/filing/0001628280-22-028326.json
- Plain text: https://secwatch.observer/filing/0001628280-22-028326.txt

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