Newmark Q3 2025 revenue up 25.9% to $863.5M; GAAP EPS $0.25, Adjusted EPS $0.42; raises full-year outlook

NEWMARK GROUP, INC.

2025-Q3 EPS reported $0.32 revenue$2,288,066,000

Total revenues $863.5M (+25.9% YoY); GAAP net income $64.0M (+144.7%); GAAP EPS $0.25 (+150%).
Adjusted EPS $0.42 (+27.3%) on post-tax adjusted earnings of $105.9M; Adjusted EBITDA $145.2M (+28.9%).
Capital Markets revenues up 59.7% YoY, outpacing industry for 8th straight quarter; Leasing up 13.7% to record Q3.
Acquired RealFoundations (Oct 3), expanding management consulting for institutional real estate globally.
Quarterly dividend declared; Annual Meeting rescheduled to Dec 30, 2025 (stockholder proposals due Nov 9).

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