Newmark Group, Inc. income statement
In fiscal 2025, Newmark Group, Inc. reported revenue of $3.29bn, up 20.3% on the year before, operating income of $234m (a 7.1% margin) and net income of $126m, or $0.68 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1,350 | 1,596 | 2,048 | 2,218 | 1,905 | 2,906 | 2,706 | 2,470 | 2,739 | 3,294 | 3,604 |
| General and administrative | 185 | 219 | 332 | 362 | 294 | 554 | 535 | 537 | 598 | 659 | 722 |
| Operating income | 167 | 200 | 333 | 246 | 184 | 1,255 | 186 | 125 | 163 | 234 | 276 |
| Net interest income | 4 | 3 | −50 | −32 | −38 | −33 | −31 | −22 | — | — | — |
| Income before tax | 171 | 203 | 282 | 214 | 146 | 1,221 | 155 | 103 | 131 | 202 | 247 |
| Income tax | 4 | 57 | 90 | 52 | 37 | 243 | 42 | 41 | 46 | 46 | 65 |
| Net income | 168 | 144 | 107 | 117 | 109 | 978 | 113 | 62 | 85 | 126 | 148 |
| Diluted EPS | — | $0.85 | $0.64 | $0.58 | $0.39 | $3.80 | $0.45 | $0.24 | $0.34 | $0.68 | $0.54 |
| Diluted shares (average) | — | 138m | 164m | 185m | 180m | 196m | 245m | 176m | 178m | 253m | 273m |
| EBITDA | 240 | 296 | 430 | 377 | 325 | 1,376 | 351 | 291 | 337 | 415 | 461 |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 686 | 873 | 665 | 759 | 863 | 1,006 | 847 | 888 |
| General and administrative | 152 | 160 | 154 | 151 | 175 | 179 | 181 | 186 |
| Operating income | 41 | 104 | −18 | 43 | 85 | 124 | 27 | 40 |
| Income before tax | 33 | 95 | −26 | 34 | 77 | 117 | 20 | 33 |
| Income tax | 9 | 31 | −10 | 4 | 19 | 33 | 3 | 10 |
| Net income | 18 | 70 | −9 | 21 | 46 | 68 | 14 | 20 |
| Diluted EPS | $0.10 | $0.25 | −$0.05 | $0.11 | $0.25 | $0.36 | $0.08 | $0.11 |
| EBITDA | 86 | 149 | 29 | 85 | 131 | 170 | 73 | 86 |
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