Highest-materiality recent filing
Newmark Q1 2026: Revenue up 27% to $846.5M, Adj. EPS $0.33 (+57%), raised outlook
Total Revenues $846.5M (+27.2%); GAAP EPS $0.08 (+260%); Adjusted EPS $0.33 (+57.1%); AEBITDA $121.2M (+35.8%).
Newmark upsizes senior unsecured credit facility to $900M, extends maturity to 2030
Facility increased 50% to $900M (from $600M); can be further increased to $1.1B subject to conditions.
Newmark Q4 revenue $1B, EPS up 42%; guides double-digit growth for 2026
Q4 total revenues $1,006.0M (+15.3% YoY); GAAP EPS $0.37 (+42.3%); Adjusted EPS $0.68 (+23.6%).
Total revenues $863.5M (+25.9% YoY); GAAP net income $64.0M (+144.7%); GAAP EPS $0.25 (+150%).
Howard Lutnick completes divestiture of Newmark holdings; Brandon Lutnick gains 58.6% voting power
Howard Lutnick no longer owns any Newmark shares after closing of divestiture transactions on Oct 6.
Newmark Q2 2025: Revenue $759M (+20% YoY), Adj EPS $0.31 (+41%), raises FY guidance
Total revenues $759.1M (+19.9% YoY); GAAP net income $28.8M (+39.8%).
Newmark repurchases ~11M shares from Howard Lutnick for $127M; control shifts to son Brandon Lutnick
Repurchased 10,969,523 shares at $11.58/share, aggregate $127M; remaining buyback capacity $244.9M.
Newmark Q1 revenues up 22% to $665.5M; Adjusted EPS $0.21 vs $0.15
Total revenues $665.5M (+22% YoY); GAAP net loss ($8.8M) improved from ($16.3M).
Luis Alvarado promoted to COO at Newmark, effective April 7, 2025
Previously Chief Revenue Officer and East Region Market Leader since 2018.
Howard Lutnick stepped down as Exec Chairman and Board member on Feb 18, 2025, after being confirmed as 41st U.S. Secretary of Commerce.
Newmark Q4 revenue $888.3M (+18.8%); Adj. EPS $0.55; targets $630M EBITDA in 2026
Total revenues $888.3M for Q4 2024, up 18.8% YoY; full-year revenues $2,754.1M, up 11.5%.
Newmark settles derivative suit over CEO's $50M bonus; insurer pays $50M to company
Settlement of $50M from D&O insurance resolves claims challenging $50M bonus to Executive Chairman Howard Lutnick and $146M partnership unit exchanges.
Lutnick nominated by President Trump to serve as 41st U.S. Secretary of Commerce.
Newmark Q3 revenue up 11% to $686M; Adjusted EPS $0.33 (+22%)
Total revenues $685.9M (+11.3% YoY); GAAP net income per diluted share $0.10 (+66.7%).
Term extended through Dec 31, 2026; CEO's right to terminate on Dec 31, 2024 removed.
Newmark Q2 revenue up 8.1% to $633.4M; Adjusted EPS $0.22 vs $0.18
Total revenues $633.4M (+8.1% YoY); GAAP net income per diluted share $0.08 (up from $0.04).
Newmark launches exchange offer for up to $475M of 7.500% Senior Notes due 2029
Exchange offer for up to $475M of outstanding 7.500% Senior Notes due 2029 for registered notes of same terms.
Newmark Q1 revenue up 5% to $546.5M but GAAP loss widens to $0.09/share
GAAP net loss per fully diluted share $0.09, vs $0.06 loss a year ago; pre-tax loss $29.8M.
Newmark Q4 revenue up 23% to $747M, adj. EPS $0.46; full year down 9%
Q4 total revenues $747.4M, up 23% YoY; GAAP net income per diluted share $0.21 vs $0.04.
Newmark closes $600M 7.500% senior notes offering due 2029
Closed offering of $600M 7.500% senior notes due January 12, 2029.
Newmark Q3 revenue down 7.3% to $616.3M; Adj. EPS $0.27 vs $0.35
Total revenues of $616.3M, down 7.3% YoY; GAAP net income $0.06 per diluted share, down from $0.15.
Newmark Q2 revenue down 22% to $585.8M; adjusted EPS $0.18 vs $0.46 YoY
Total revenues $585.8M, down 22.4% YoY; GAAP net income per diluted share $0.04 vs $0.26.
Newmark Q1 2023: revenue down 23.2%, GAAP net loss $10.4M, adjusted EPS $0.15
Total revenues $520.8M, down 23.2% YoY; GAAP net loss $10.4M vs profit $0.4M.
Newmark Q4 revenues drop 38%; adjusted EPS $0.32 vs $0.65; declares dividend
Q4 total revenues $607.3M, down 38.3% YoY; full-year revenues $2.7B, down 6.9%.
CEO Barry Gosin's new contract runs through Dec 31, 2025 (or 2024 if he gives 6 months' notice).
Newmark Q3 revenue -15.7% to $664.6M; GAAP EPS $0.15 vs $0.63; Adj EPS $0.35
Revenue $664.6M (-15.7% YoY); GAAP net income per diluted share $0.15 (vs $0.63).
Newmark CFO Rispoli signs new 5-year contract with 750,000 RSUs and change-of-control protections
Annual salary unchanged at $850,000; initial term of 5 years with automatic 1-year renewals.
Newmark awards Chairman/CEO Howard Lutnick $50M retention bonus for Nasdaq monetization success
$50M cash retention bonus to Chairman/CEO Howard Lutnick for his role in Nasdaq stock monetization transactions.
Howard Lutnick diagnosed with highly treatable Non-Hodgkin's Lymphoma; expects to be cancer-free in 4 months.
Newmark receives 6.2M accelerated Nasdaq shares; retains ~5.3M net; exec equity event approved
Nasdaq/Tradeweb transaction triggered acceleration of ~6.2M Nasdaq shares; Newmark retains ~5.3M after forward close-out.
On April 7, 2025, Newmark Group, Inc. (the “Company” or “Newmark”) appointed Luis Alvarado to serve as Chief Operating Officer of the Company.
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, 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.
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.
appointed Jay Itzkowitz to serve as a member of the Board, effective August 10, 2022
Max materiality 0.85 · Median 0.60 · Most common event earnings