MMI · XBRL financial data

Marcus & Millichap financial statements, every fiscal year

The same tables from 7 filings, lined up. Matched by XBRL tag: renamed lines keep their history.

How these numbers work

Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
* marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
0 means a filing states zero; a dash (—) means no filing states that number.
“year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
Shares outstanding come from each filing's cover page, as of the date printed there.
Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.

Income statement

Fiscal years (MMI's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Revenue from contracts with customers	717	1,296	1,302	646	696	755
Selling, general and administrative	205	255	300	285	281	286
Total operating expenses	663	1,107	1,164	705	729	769
Operating income (loss)	54	189	137	(59)	(33)	(14)
Interest expense	1	1	1	1	1	1
Income tax expense (benefit)	17	51	38	(6)	(1)	5
Net income (loss)	43	142	104	(34)	(12)	(2)
Earnings per share, basic USD per share	1.08	3.57	2.61	(0.88)	(0.32)	(0.05)
Earnings per share, diluted USD per share	1.08	3.55	2.59	(0.88)	(0.32)	(0.05)
Weighted average shares, basic millions of shares	40	40	40	39	39	39
Weighted average shares, diluted millions of shares	40	40	40	39	39	39

Fiscal years (MMI's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Cash and cash equivalents	243	382	236	171	153	162
Marketable securities	158	184	253	169	190	91
Marketable securities, non-current	48	113	69	67	51	146
Prepaid and other current assets	—	—	—	—	—	25
Total current assets	429	608	527	394	410	309
Property and equipment, net	23	23	28	27	26	24
Right-of-use asset	84	82	88	90	81	74
Goodwill	33	34	38	38	38	38
Total assets	779	1,045	1,004	878	870	827
Total current liabilities	120	226	152	105	133	121
Lease liability, non-current	59	58	65	69	66	59
Total liabilities	232	349	290	233	239	224
Retained earnings	431	574	586	492	459	410
Total stockholders' equity	547	696	714	645	631	603
Total liabilities and equity	779	1,045	1,004	878	870	827
Common shares outstanding (cover page) millions of shares	39	40	39	38	39	38

Fiscal years (MMI's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Net income (loss)	43	142	104	(34)	(12)	(2)
Stock-based compensation	10	10	17	24	24	24
Net cash from operating activities	38	256	14	(72)	22	67
Purchases of property and equipment	7	7	12	9	8	8
Net cash from investing activities	(17)	(108)	(54)	75	(10)	(4)
Share repurchases	0	0	29	39	1	25
Dividends paid	0	0	60	20	20	21
Net cash from financing activities	(10)	(6)	(106)	(68)	(29)	(55)
Net change in cash	10	139	(146)	(65)	(17)	8

SIC 6531 and related industry codes, similar size. Each row is the latest quarter reported.

How peers are chosen

SIC 6531 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
Runway shows only for companies burning cash with under $10B of public float.
* marks a quarter worked out from the filing totals: for a 10-Q, the year-to-date total less the earlier one.

Company	Cash ($M)	Revenue, quarter ($M)	Operating cash flow, quarter ($M)	Shares outstanding	Runway	Quarter
Marcus & Millichap	154	203	22*	37.9M	—	Q2 FY26 10-QJun 30, 2026
AGNT	111	1,450	39*	167.1M	—	Q2 FY26 10-QJun 30, 2026
Opendoor Technologies	896	883	(718)*	971.1M	1.2 quarters	Q2 FY26 10-QJun 30, 2026
Newmark Group	260	888	362*	not reported	—	Q2 FY26 10-QJun 30, 2026
Marriott Vacations Worldwide	229	1,272	128*	34.4M	—	Q3 FY26 10-QSep 30, 2026
Douglas Elliman	105	283	12*	90.9M	—	Q2 FY26 10-QJun 30, 2026
Compass	694	4,306	191*	757.5M	—	Q2 FY26 10-QJun 30, 2026
RE/MAX Holdings	112	69	6.2*	not reported	—	Q2 FY26 10-QJun 30, 2026

Not investment advice. Not affiliated with the U.S. SEC.