---
schema_version: "secwatch.filing_event.v1"
accession: "0001690680-23-000004"
form_type: "8-K"
ticker: "NMRK"
cik: "0001690680"
company_name: "NEWMARK GROUP, INC."
filed_at: "2023-02-16T23:59:59+00:00"
generated_at: "2026-06-19T09:36:55.124341+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Newmark Q4 revenues drop 38%; adjusted EPS $0.32 vs $0.65; declares dividend

## Summary
- Q4 total revenues $607.3M, down 38.3% YoY; full-year revenues $2.7B, down 6.9%.
- GAAP net income per diluted share $0.05 (down 93.2%); adjusted EPS $0.32 (down 50.8%).
- Declared quarterly dividend and issued initial 2023 outlook (filed portion of release).
- Hired top capital markets team led by Douglas Harmon and Adam Spies.
- Repurchased 1.7M shares in Q4 and 24.9M in full year; net leverage 0.6X.

## SEC filing metadata
- accession: 0001690680-23-000004
- form_type: 8-K
- ticker: NMRK
- cik: 0001690680
- company_name: NEWMARK GROUP, INC.
- filed_at: 2023-02-16T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1690680/000169068023000004/0001690680-23-000004-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1690680/000169068023000004/nmrk-20230216.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001690680-23-000004
- JSON: https://secwatch.observer/filing/0001690680-23-000004.json
- Plain text: https://secwatch.observer/filing/0001690680-23-000004.txt

## Key facts
- Earnings Releases
  NEWMARK GROUP, INC. reported the quarter ended December 31, 2022 results: revenue $607.3, net income 9.4, EPS $0.05. Guidance initiated.
  - Period: the quarter ended December 31, 2022
  - Revenue: $607.3
  - Net income: 9.4
  - EPS: $0.05
  - Guidance: initiated
  - Result: reported results
  source text: SELECT RESULTS COMPARED WITH THE YEAR-EARLIER PERIOD 2 Highlights of Consolidated Results (USD millions, except per share data) 4Q22 4Q21 Change 2022 2021 Change Total Revenues $607.3 $984.5 (38.3)% $2,705.5 $2,906.4 (6.9)% GAAP income before income taxes and noncontrolling interests ("GAAP pre-tax income") 21.1 221.5 (90.5)% 157.2 1,221.1 (87.1)% GAAP pre-tax income excluding other income and the 2021 Equity Event 17.4 176.3 (90.2)% 254.9 433.2 (41.1)% GAAP net income for fully diluted shares 9.4 189.2 (95.1)% 112.9 744.5 (84.8)% GAAP net income per fully diluted share $0.05 $0.74 (93.2)% $0.46 $3.80 (87.9)%
  evidence_url: https://www.sec.gov/Archives/edgar/data/1690680/000169068023000004/0001690680-23-000004-index.htm
- Earnings Releases
  NEWMARK GROUP, INC. reported the year ended December 31, 2022 results: revenue $2,705.5, net income 112.9, EPS $0.46. Guidance initiated.
  - Period: the year ended December 31, 2022
  - Revenue: $2,705.5
  - Net income: 112.9
  - EPS: $0.46
  - Guidance: initiated
  - Result: reported results
  source text: SELECT RESULTS COMPARED WITH THE YEAR-EARLIER PERIOD 2 Highlights of Consolidated Results (USD millions, except per share data) 4Q22 4Q21 Change 2022 2021 Change Total Revenues $607.3 $984.5 (38.3)% $2,705.5 $2,906.4 (6.9)% GAAP income before income taxes and noncontrolling interests ("GAAP pre-tax income") 21.1 221.5 (90.5)% 157.2 1,221.1 (87.1)% GAAP pre-tax income excluding other income and the 2021 Equity Event 17.4 176.3 (90.2)% 254.9 433.2 (41.1)% GAAP net income for fully diluted shares 9.4 189.2 (95.1)% 112.9 744.5 (84.8)% GAAP net income per fully diluted share $0.05 $0.74 (93.2)% $0.46 $3.80 (87.9)%
  evidence_url: https://www.sec.gov/Archives/edgar/data/1690680/000169068023000004/0001690680-23-000004-index.htm

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