NEWMARK GROUP, INC. reported the three months ended March 31, 2026 results: revenue $846.5, net income 19.6, EPS 0.08. Guidance raised.
“SELECT RESULTS COMPARED WITH THE YEAR-EARLIER PERIOD 2 Highlights of Consolidated Results (USD millions, except per share data) 1Q26 1Q25 Change Total Revenues $846.5 $665.5 27.2% GAAP net income (loss) for fully diluted shares 19.6 (8.8) 323.7% GAAP net income (loss) per fully diluted share ("GAAP EPS") 0.08 (0.05) 260.0% Post-tax Adjusted Earnings to fully diluted shareholders ("Post-tax Adjusted Earnings") 83.4 54.3 53.5% Post-tax Adjusted Earnings per share ("Adjusted EPS") 0.33 0.21 57.1% Adjusted EBITDA ("AEBITDA") 121.2 89.2 35.8%”
M&A Transactions
NEWMARK GROUP, INC. underwent a change of control involving Brandon G. Lutnick (closed 2025-10-06).
“Mr. Howard W. Lutnick, the U.S. Secretary of Commerce and Newmark Group, Inc.’s (the “Company”) former Executive Chairman and former Chairman of the Company’s Board of Directors (the “Board”), has completed his previously announced divestiture of his holdings in the Company in connection with his appointment as the U.S. Secretary of Commerce.”
Luis Alvarado was appointed as Chief Operating Officer at NEWMARK GROUP, INC..
“On April 7, 2025, Newmark Group, Inc. (the “Company” or “Newmark”) appointed Luis Alvarado to serve as Chief Operating Officer of the Company.”
Kyle Lutnick was appointed as Director at NEWMARK GROUP, INC..
“On February 18, 2025, the Board appointed Kyle Lutnick to serve as a member of the Board, effective February 18, 2025, for a term to expire at the earlier of the 2025 Annual Meeting of Stockholders of the Company, or until his successor is duly elected and qualified.”
Barry Gosin was appointed as Principal Executive Officer at NEWMARK GROUP, INC..
“The Board appointed the Company’s Chief Executive Officer, Barry Gosin, as Principal Executive Officer of the Company following Howard Lutnick’s confirmation as the 41st Secretary of Commerce and departure from the Company.”
Howard Lutnick departed as Executive Chairman and Chairman of the Board at NEWMARK GROUP, INC..
“Howard Lutnick, Chairman of the Board of Directors (the “Board”) and Executive Chairman of Newmark, informed the Company that he has stepped down as Chairman of the Board and Executive Chairman of the Company, effective February 18, 2025, as a result of his confirmation by the United States Senate as the 41st Secretary of Commerce.”
Earnings Releases
NEWMARK GROUP, INC. reported financial results for the three months ended March 31, 2024.
“On May 3, 2024, Newmark Group, Inc. (the “Registrant,” “we,” “us,” “Newmark,” or the “Company”) issued a press release announcing its financial results for the quarter ended March 31, 2024.”
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