Marcus & Millichap, Inc. (MMI)

Marcus & Millichap Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	609.84	589.7	559.75	1,170	1,171	633.16
Other Revenue	116.07	106.37	86.18	131.4	125.47	83.74
Revenue	725.9	696.06	645.93	1,302	1,296	716.91
Revenue Growth (YoY)	17.89%	7.76%	-50.38%	0.41%	80.84%	-11.10%
Cost of Revenue	451.49	431.47	406.65	850.89	840.21	447.88
Gross Profit	274.42	264.59	239.28	450.82	456.23	269.03
Selling, General & Admin	289.56	280.87	285.04	300.01	255.15	204.51
Operating Expenses	305.4	297.46	298.67	313.42	266.88	215.41
Operating Income	-30.99	-32.87	-59.38	137.4	189.36	53.61
Interest Expense	-0.8	-0.81	-0.89	-0.71	-0.58	-0.9
Interest & Investment Income	18.08	18.98	18.19	7.86	2.28	4.86
Other Non Operating Income (Expenses)	1.71	1.71	1.86	-2.61	2.03	1.6
EBT Excluding Unusual Items	-12	-12.99	-40.23	141.94	193.08	59.17
Gain (Loss) on Sale of Investments	0.01	-	-0.19	0.09	0.22	0.19
Other Unusual Items	-0.53	-0.04	0.02	-	-	-
Pretax Income	-12.52	-13.03	-40.4	142.03	193.3	59.36
Income Tax Expense	-0.23	-0.67	-6.37	37.8	50.83	16.53
Net Income	-12.29	-12.36	-34.04	104.23	142.47	42.84
Net Income to Common	-12.29	-12.36	-34.04	104.23	142.47	42.84
Net Income Growth	-	-	-	-26.84%	232.58%	-44.32%
Shares Outstanding (Basic)	39	39	39	40	40	40
Shares Outstanding (Diluted)	39	39	39	40	40	40
Shares Change (YoY)	0.97%	0.05%	-3.80%	-0.00%	1.14%	0.47%
EPS (Basic)	-0.32	-0.32	-0.88	2.61	3.57	1.08
EPS (Diluted)	-0.32	-0.32	-0.88	2.59	3.55	1.08
EPS Growth	-	-	-	-26.88%	228.92%	-44.72%
Free Cash Flow	33.26	13.84	-81.8	1.96	249.05	31.14
Free Cash Flow Per Share	0.85	0.36	-2.12	0.05	6.20	0.78
Dividend Per Share	0.500	0.500	0.500	0.500	-	-
Gross Margin	37.80%	38.01%	37.05%	34.63%	35.19%	37.53%
Operating Margin	-4.27%	-4.72%	-9.19%	10.55%	14.61%	7.48%
Profit Margin	-1.69%	-1.78%	-5.27%	8.01%	10.99%	5.97%
Free Cash Flow Margin	4.58%	1.99%	-12.66%	0.15%	19.21%	4.34%
EBITDA	-18.55	-19.68	-45.76	150.81	201.08	64.51
EBITDA Margin	-2.56%	-2.83%	-7.08%	11.58%	15.51%	9.00%
D&A For EBITDA	12.44	13.19	13.63	13.41	11.72	10.9
EBIT	-30.99	-32.87	-59.38	137.4	189.36	53.61
EBIT Margin	-4.27%	-4.72%	-9.19%	10.55%	14.61%	7.48%
Effective Tax Rate	-	-	-	26.62%	26.30%	27.84%
Revenue as Reported	725.9	696.06	645.93	1,302	1,296	716.91
Advertising Expenses	-	-	-	-	0.83	0.59

Updated Aug 7, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q