Marcus & Millichap Q4 Revenue Reaches $243.95M
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Feb 13 2026
0mins
Should l Buy MMI?
Reports preliminary Q4 revenue $243.95M vs. $240.08M last year. "We delivered solid fourth quarter results against a tough comparison thanks to a late-stage acceleration of transaction closings and concluded 2025 as the second consecutive year of revenue recovery amid the severe market disruption. Our ongoing cost controls and focus on efficiency resulted in a meaningful improvement in profitability," said Hessam Nadji, president and CEO of Marcus & Millichap. "Our performance was driven by a series of initiatives throughout the year to grow exclusive inventory, increase client outreach, expand financing availability and leverage the market improvement. Our Private Client business in particular - the cornerstone of our business - is showing positive momentum thanks to price adjustments and many lenders becoming active again."
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Analyst Views on MMI
Wall Street analysts forecast MMI stock price to rise
1 Analyst Rating
0 Buy
0 Hold
1 Sell
Moderate Sell
Current: 26.200
Low
29.00
Averages
29.00
High
29.00
Current: 26.200
Low
29.00
Averages
29.00
High
29.00
About MMI
Marcus & Millichap, Inc. is a real estate services company specializing in commercial real estate investment sales, financing services, research, and advisory services. Through its Commercial Real Estate Services, it provides equity advisory services and loan sales, loan guarantees, consulting, and advisory services. It serves clients with one property, multiple properties, and large investment portfolios. Through its Real Estate Brokerage, it represents commercial property owners as their investment broker in the sale of their properties. Its auction services division offers an accelerated way to buy and sell commercial property. Its financing division provides services, such as loan sales and due diligence, and receives recurring loan performance fees from certain lenders. It offers advisory and consulting services in forming investment strategy and making transaction decisions. It provides leasing services for tenants and landlords in connection with commercial real estate leases.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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