Marcus & Millichap, Inc. Reports Results for First Quarter 2025

About this update from Marcus & Millichap, Inc.

[{"type":"text","content":"Revenue growth of 12.3% in the First Quarter 2025 compared to First Quarter 2024.","length":81,"tagName":"p","attribs":{}},{"type":"text","content":"CALABASAS, Calif., May 07, 2025--(BUSINESS WIRE)--Marcus & Millichap, Inc. (the "Company", "Marcus & Millichap", or "MMI") (NYSE: MMI), a leading national real estate services firm specializing in commercial real estate investment sales, financing, research and advisory services, reported its first quarter financial results today.","length":370,"tagName":"p"},{"type":"text","content":"First Quarter 2025 Highlights Compared to First Quarter 2024","length":60,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Total revenue of $145.0 million, compared to $129.1 million","length":59,"tagName":"p","attribs":{}},{"type":"list","items":[{"val":[{"type":"text","content":"Brokerage commissions of $123.6 million, compared to $109.5 million","length":67,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Private Client Market brokerage revenue of $77.7 million, compared to $73.2 million","length":83,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Middle Market and Larger Transaction Market brokerage revenue of $40.9 million, compared to $31.5 million","length":105,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Financing fees of $18.1 million, compared to $14.4 million","length":58,"tagName":"p","attribs":{}}]}],"tagName":"ul","bulletedList":true,"length":313,"olType":false}]},{"val":[{"type":"text","content":"Net loss of $4.4 million, or $0.11 per common share, diluted, compared to net loss of $10.0 million, or $0.26 per common share, diluted","length":135,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Adjusted EBITDA1 of $(8.7) million, compared to $(10.1) million","length":63,"tagName":"p","attribs":{}}]}],"tagName":"ul","bulletedList":true,"length":570,"olType":false},{"type":"text","content":"1 Please refer to the reconciliation of GAAP measures to non-GAAP measures at the end of this release for more information.","length":123,"tagName":"p"},{"type":"text","content":""We are pleased to report an improved first quarter, reflecting our strategic focus and ability to execute despite persistent headwinds across the sector," said Hessam Nadji, president and chief ...

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