Marcus & Millichap Q1 revenue up 18% to $171.5M; net loss narrows to $0.08/sh

Marcus & Millichap, Inc.

2026-Q1 EPS reported -$0.08 revenue$171,467,000

Revenue $171.5M (+18.2% YoY); brokerage commissions $138.1M (+11.7%); financing fees $26.8M (+48.1%).
Net loss narrowed to $3.1M ($0.08 diluted) from $4.4M ($0.11) in Q1 2025; adjusted EBITDA $2.9M vs ($8.7M).
Repurchased 895,532 shares for $23.5M in Q1; Board approved additional $70M buyback authorization on April 30.
Semi-annual dividend of $0.25/sh paid April 3, 2026; total buyback authorization now ~$90M remaining.

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