{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-26-007874","form_type":"8-K","ticker":"MMI","cik":"0001578732","company_name":"Marcus & Millichap, Inc.","filed_at":"2026-02-13T23:59:59+00:00","discovered_at":"2026-05-14T18:02:35.514736+00:00","generated_at":"2026-05-16T02:47:48.339365+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Marcus & Millichap Q4 EPS $0.34, up 57% YoY; full-year loss narrows to $0.05/shr","bullets":["Q4 revenue $244.0M (+1.6% YoY); net income $13.3M vs $8.5M; adjusted EBITDA $25.0M (+38.7%).","Full year 2025 revenue $755.2M (+8.5% YoY); net loss $1.9M vs $12.4M loss in 2024.","Private Client brokerage rose 10.3% in Q4; Middle Market fell 15.8%; financing fees +6.5%.","Investment sales professionals grew to 1,808 from 1,712; $20.4M dividends, $26.9M buybacks in 2025.","Remaining share repurchase authorization of $42.0M; no time limit for program."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-26-007874","json":"https://secwatch.observer/filing/0001628280-26-007874.json","markdown":"https://secwatch.observer/filing/0001628280-26-007874.md","text":"https://secwatch.observer/filing/0001628280-26-007874.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1578732/000162828026007874/0001628280-26-007874-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1578732/000162828026007874/mmi-20260213.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T02:47:48.339365+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}