NYSE:MMI
Marcus & Millichap, Inc.
Marcus & Millichap, Inc.'s revenue grew 8.5% in fiscal 2025 to $755.2M while operating margin rose to −1.8%. Free cash flow was $58.8M, 7.8% of revenue, and the diluted share count rose 0.7%.Summary generated from Marcus & Millichap, Inc.'s SEC filings. Latest annual report filed Feb 26, 2026.
Key statistics
Fiscal 2025 from SEC filings. MethodologyRevenue (FY25)$755.2M
Revenue growth+8.5%
Revenue, 5-yr CAGR+1.0%
Gross marginn/a
Operating margin−1.8%
Net margin−0.3%
ROICn/a
Return on equity−0.3%
Debt / equityn/a
Free cash flow$58.8M
FCF margin7.8%
Share count change+0.7%
Financials
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | 1,296 | 1,302 | 646 | 696 | 755 |
| Operating income | 189 | 137 | −59 | −33 | −14 |
| Net income | 142 | 104 | −34 | −12 | −2 |
| Free cash flow | 249 | 2 | −82 | 14 | 59 |
Recent filings
- 4Insider transaction report
Sep 15, 2026 - 4Insider transaction report
Aug 18, 2026 - 10-QQuarterly report for the period ended Jun 30, 2026
Aug 6, 2026 - 8-KResults of operations and financial condition
Aug 6, 2026 - 10-QQuarterly report for the period ended Mar 31, 2026
May 7, 2026 - 8-KResults of operations and financial condition
May 7, 2026 - 8-KResults of a shareholder vote
May 1, 2026 - DEF 14AProxy statement
Mar 18, 2026