---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-25-050398"
form_type: "8-K"
ticker: "MMI"
cik: "0001578732"
company_name: "Marcus & Millichap, Inc."
filed_at: "2025-11-07T23:59:59+00:00"
generated_at: "2026-05-16T23:03:14.192278+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Marcus & Millichap Q3 revenue up 15% to $193.9M; net income $0.2M vs prior year loss

## Summary
- Diluted EPS of $0.01 includes $0.08 per share accrual for litigation; prior year EPS $(0.14).
- Brokerage commissions $162.2M (+14.2% YoY); financing fees $26.3M (+27.7% YoY).
- Adjusted EBITDA of $6.9M vs approximately breakeven in prior year quarter.
- Semi-annual dividend of $0.25 per share declared and paid; $59.0M available for buybacks.
- Investment sales and financing professionals flat at 1,669 vs 1,678 a year ago.

## SEC filing metadata
- accession: 0001628280-25-050398
- form_type: 8-K
- ticker: MMI
- cik: 0001578732
- company_name: Marcus & Millichap, Inc.
- filed_at: 2025-11-07T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- 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/1578732/000162828025050398/0001628280-25-050398-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1578732/000162828025050398/mmi-20251107.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-25-050398
- JSON: https://secwatch.observer/filing/0001628280-25-050398.json
- Plain text: https://secwatch.observer/filing/0001628280-25-050398.txt

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