NEWMARK GROUP, INC.
Business
Newmark Group, Inc. is a leading commercial real estate advisor and service provider offering integrated capital markets, leasing, mortgage origination, loan servicing, property management, valuation, occupier solutions, and technology services to institutional investors, corporations, and real estate owners and occupiers. The company operates through investor/owner services (capital markets, GSE/FHA lending, landlord leasing, loan servicing, management consulting, property management, valuation and advisory) and corporate occupier services (tenant representation leasing, occupier solutions, flexible workspace). Newmark serves clients across North America, the UK, and expanding international markets.
Summary from 10-K filed 2026-03-02
Financials
Consolidated Statement of Income
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Total revenues | 3,294 | 2,739 | 2,470 | 2,706 | 2,906 | |
| Compensation and employee benefits | 1,947 | 1,598 | 1,489 | 1,555 | 1,829 | |
| Equity-based compensation and allocations of net income to limited partnership units and FPUs | 282 | 185 | 140 | 138 | 356 | |
| Total compensation and employee benefits | 2,230 | 1,784 | 1,629 | 1,693 | 2,185 | |
| Operating, administrative and other | 659 | 598 | 537 | 535 | 554 | |
| Fees to related parties | 33 | 26 | 27 | 29 | 24 | |
| Depreciation and amortization | 181 | 174 | 166 | 166 | 122 | |
| Total operating expenses | 3,103 | 2,582 | 2,359 | 2,422 | 2,884 | |
| Other income (loss), net | 43 | 7 | 14 | −98 | 1,232 | |
| Income (loss) from operations | 234 | 163 | 125 | 186 | 1,255 | |
| Interest expense, net | −32 | −32 | −22 | −31 | — | |
| Income (loss) before income taxes and noncontrolling interests | 202 | 131 | 103 | 155 | 1,221 | |
| Provision (benefit) for income taxes | 46 | 46 | 41 | 42 | 243 | |
| Consolidated net income (loss) | 155 | 85 | 62 | 113 | 978 | |
| Less: Net income (loss) attributable to noncontrolling interests | 29 | 24 | 20 | 29 | 227 | |
| Net income (loss) available to common stockholders | 126 | 61 | 43 | 83 | 751 | |
| Net income (loss) available to common stockholders | 126 | 61 | 43 | 83 | 745 | |
| Basic earnings per share (in dollars per share) | 0.71 | 0.36 | 0.25 | 0.46 | 3.91 | |
| Basic weighted-average shares of common stock outstanding (in shares) | 178 | 172 | 173 | 180 | 190 | |
| Net income (loss) for fully diluted shares | 173 | 61 | 43 | 110 | 745 | |
| Fully diluted earnings per share (in dollars per share) | 0.68 | 0.34 | 0.24 | 0.45 | 3.8 | |
| Fully diluted weighted-average shares of common stock outstanding (in shares) | 253 | 178 | 176 | 245 | 196 |
Consolidated Balance Sheet
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | 229 | 198 | 165 | 233 | 191 | |
| Restricted cash and short-term investments | 120 | 107 | — | — | — | |
| Loans held for sale, at fair value | 913 | 775 | 529 | 138 | 1,072 | |
| Other current assets (see Note 17) | 114 | 88 | 96 | 101 | 83 | |
| Total current assets | 2,005 | 1,773 | 1,506 | 1,076 | 2,524 | |
| Goodwill | 802 | 771 | 777 | 706 | 657 | |
| Mortgage servicing rights, net | 518 | 518 | 531 | 569 | — | |
| Loans, forgivable loans and other receivables from employees and partners, net | 862 | 769 | 651 | 501 | — | |
| Right-of-use assets | 448 | 501 | 596 | 639 | 607 | |
| Fixed assets, net | 156 | 167 | 178 | 156 | 136 | |
| Other intangible assets, net | 76 | 64 | 84 | 81 | 76 | |
| Other assets (see Note 17) | 151 | 148 | 149 | 214 | 212 | |
| Total assets | 5,000 | 4,700 | 4,472 | 3,941 | 5,216 | |
| Warehouse facilities collateralized by U.S. Government Sponsored Enterprises | 892 | 754 | 499 | 137 | 1,051 | |
| Accrued compensation | 440 | 448 | 401 | 370 | 463 | |
| Accounts payable, accrued expenses and other liabilities (see Note 26) | 572 | 578 | 584 | 512 | 529 | |
| Payables to related parties | 2 | 0 | 7 | — | — | |
| Total current liabilities | 1,907 | 1,780 | 1,490 | 1,576 | 2,193 | |
| Long-term debt | 672 | 671 | 547 | 0 | 545 | |
| Right-of-use liabilities | 437 | 490 | 598 | 627 | 586 | |
| Other long-term liabilities (see Note 26) | 252 | 231 | 242 | 196 | 207 | |
| Total liabilities | 3,267 | 3,172 | 2,877 | 2,399 | 3,531 | |
| Commitments and contingencies (see Note 28) | — | — | — | — | — | |
| Redeemable partnership interests | 12 | 14 | 16 | 17 | 21 | |
| Additional paid-in capital | 999 | 753 | 658 | 585 | 487 | |
| Retained earnings | 1,312 | 1,207 | 1,167 | 1,145 | 1,080 | |
| Treasury stock at cost: 86,125,782 and 74,983,414 shares of Class A common stock at December 31, 2025 and December 31, 2024, respectively | −855 | −746 | −569 | −539 | — | |
| Accumulated other comprehensive loss | 3 | −11 | −5 | −12 | −3 | |
| Total stockholders equity | 1,462 | 1,206 | 1,253 | 1,181 | 1,278 | |
| Noncontrolling interests | 278 | 319 | 326 | 344 | 386 | |
| Total equity | 1,740 | 1,524 | 1,579 | 1,525 | 1,664 | |
| Total liabilities, redeemable partnership interests, and equity | 5,019 | 4,710 | 4,472 | 3,941 | 5,216 |
Consolidated Statement of Cash Flows
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Gains on originated mortgage servicing rights | −119 | −104 | −76 | −130 | −148 | |
| Lease impairment | 0 | 0 | 8 | 14 | 0 | |
| Provision (benefit) for credit losses on the financial guarantee liability | 4 | −2 | 3 | 2 | −4 | |
| Provision (reversal) for doubtful accounts | 9 | 230,000 | −2 | 7 | 6 | |
| Equity-based compensation and allocation of net income to limited partnership units and FPUs | 282 | 185 | 140 | 138 | 356 | |
| Employee loan amortization and other non-cash compensation expense | 155 | 124 | 93 | 84 | 79 | |
| Deferred tax provision (benefit) | 17 | 1 | −5 | −24 | 119 | |
| Non-cash changes in acquisition related earn-outs | 975,000 | −4 | 5 | −1 | 415,000 | |
| Unrealized (gains) on loans held for sale | −12 | −10 | −27 | −712,000 | −21 | |
| Income from an equity method investment | 0 | 0 | −14 | −3 | 0 | |
| Loan originationsloans held for sale | −10,728 | −8,626 | −6,913 | −7,823 | −9,142 | |
| Loan salesloans held for sale | 10,601 | 8,390 | 6,549 | 8,758 | 9,178 | |
| Other | 6 | −1 | 6 | 2 | 4 | |
| Consolidated net income (loss), adjusted for non-cash and non-operating items | 554 | 214 | −5 | 1,402 | 301 | |
| Receivables, net | −31 | 18 | −69 | 42 | −191 | |
| Loans, forgivable loans and other receivables from employees and partners, net | −220 | −212 | −243 | −132 | −78 | |
| Right-of-use assets | 53 | 96 | 54 | −42 | 42 | |
| Receivable from related parties | 326,000 | −326,000 | 0 | 8 | −8 | |
| Other assets | −8 | 3 | −9 | 9 | 9 | |
| Accrued compensation | −90 | −15 | −22 | −102 | −83 | |
| Right-of-use liability | −60 | −107 | −40 | 52 | −35 | |
| Accounts payable, accrued expenses and other liabilities | −28 | 629,000 | 72 | −35 | −4 | |
| Payables to related parties | 2 | −7 | −3 | −5 | 366,000 | |
| Net cash provided by (used in) operating activities | 172 | −10 | −266 | 1,196 | −49 | |
| Payments for acquisitions, net of cash acquired and proceeds from divestitures | −53 | 0 | −100 | −64 | −70 | |
| Proceeds from the exercise of redemption option | 0 | 0 | 106 | 0 | 0 | |
| Purchase of non-marketable investments | 0 | −300,000 | 0 | −3 | −9 | |
| Payments for intangible assets | 0 | −2 | 0 | 0 | — | |
| Purchases of fixed assets | −29 | −32 | −55 | −62 | −20 | |
| Purchase of restricted short-term investments | −334 | −110,000 | 0 | — | — | |
| Proceeds from maturity of restricted short-term investments | 219 | 0 | 0 | — | — | |
| Net cash provided by (used in) investing activities | −198 | −33 | −50 | 309 | 453 | |
| Proceeds from warehouse facilities | 10,728 | 8,626 | 6,913 | 7,823 | 9,142 | |
| Principal payments on warehouse facilities | −10,590 | −8,370 | −6,552 | −8,736 | −9,153 | |
| Borrowing of debt | 520 | 845 | 930 | 0 | 55 | |
| Repayment of debt | −520 | −720 | −930 | 0 | −195 | |
| Purchase of limited partnership interests | 0 | −12 | 0 | 0 | — | |
| Treasury stock repurchases | −127 | −213 | −37 | −295 | −291 | |
| Earnings and tax distributions to limited partnership interests and other noncontrolling interests | −32 | −39 | −35 | −81 | −15 | |
| Dividends to stockholders | −22 | −21 | −21 | −18 | −8 | |
| Payments on acquisition earn-outs | −943,000 | 0 | −983,000 | −6 | −43 | |
| Deferred financing costs | −2 | −7 | −5 | −5 | −1 | |
| Net cash provided by (used in) financing activities | −45 | 90 | 261 | −1,459 | −396 | |
| Net increase (decrease) in cash and cash equivalents and restricted cash | −71 | 46 | −54 | 46 | 8 | |
| Interest | 56 | 32 | 45 | 38 | 36 | |
| Taxes | 43 | 50 | 57 | 100 | 99 | |
| Right-of-use assets and liabilities | 80 | 46 | 80 | 139 | 498 | |
| Deferred tax asset | 19 | 0 | 0 | — | — | |
| Tax Receivable Agreement liability | 18 | 0 | 0 | — | — |
Filings
Material Events
Insiders
Institutional Holders
Holdings (13F)
Portfolio as of 2026-01-14 · 1 positions
Top sectors
| Sector | Value | % of portfolio |
|---|---|---|
| Uncategorized | $0 | 0.0% |
Top holdings
| Issuer | Ticker | Shares | Value | % |
|---|---|---|---|---|
| 0 | — | 0 | $0 | 0.0% |
Frequently asked questions
What is NEWMARK GROUP, INC.'s CIK number?
NEWMARK GROUP, INC.'s SEC CIK number is 0001690680 (1690680). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.
Where can I find NEWMARK GROUP, INC.'s SEC filings?
All of NEWMARK GROUP, INC.'s EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.
When did NEWMARK GROUP, INC. last report earnings?
NEWMARK GROUP, INC. (NMRK) most recently filed an earnings 8-K with the SEC on Apr 30, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0001628280-26-028619). This is NEWMARK GROUP, INC.'s most recent earnings filing of record — not a forecast of its next earnings date.
What is NEWMARK GROUP, INC.'s most recent earnings 8-K?
NEWMARK GROUP, INC.'s latest earnings 8-K (Item 2.02) was filed Apr 30, 2026 under accession 0001628280-26-028619. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.
View NEWMARK GROUP, INC.'s latest earnings 8-K →
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