Newmark Group, Inc. (NMRK) SEC Filings & Earnings Calls
EquiReason read 14 Newmark Group, Inc. SEC filings in the last 12 months. Latest: 8-K on 2026-08-07 — Aggregate annual compensation $5M.
Source: SEC EDGAR filings · figures as of 2026-06-30 · read by EquiReason
- Market cap
- 2.1B
- P/E TTM
- 14.4
- Dividend yield
- 1.3%
- 52-week
- —
- Next earnings
- 29 Oct, in 5 days
Every filing, read
last 12 months · SECWhat happened, the numbers inside, guidance and risks. The original is one click away.
7 Aug 20268-K · 5.02Aggregate annual compensation $5Mopen
Figures in the filing · each found in the filing text
| aggregate annual compensation · FY2027 | $5M |
Risks flagged
Leadership transition risk as CEO departs; orderly plan mitigates but execution risk remains.
“CEO stepping down at year-end; new CEO not yet identified; Board expects to identify by year end.”
7 Aug 2026DEF 14AProxy statement discloses CEO succession plan: Barry Gosin to step down as CEO on Dec 31, 2026, with orderly transition.open
Figures in the filing · each found in the filing text
| Total Revenues · FY2025 | $3.29B | +20% y/y |
| Net Income · FY2025 | $155M | +82% y/y |
Risks flagged
Key man risk due to CEO transition
“On August 7, 2026, the Company announced that Mr. Gosin will step down as Chief Executive Officer of the Company on December 31, 2026.” · word for word
Concentration of voting power with Cantor/Brandon Lutnick
“Mr. Brandon Lutnick beneficially owned ... 58.3% of the total voting power of our outstanding common stock.”
7 Aug 202610-QNewmark reported Q2 2026 revenue of $888.4M, up 17% YoY, but operating income declined slightly to $40.4M.earningsopen
Figures in the filing · each found in the filing text
| Total Revenues · Q2-2026 | $888M | +17% y/y |
| Management Services, Servicing Fees and Other · Management Services, Servicing Fees and Other · Q2-2026 | $351M | +18% y/y |
| Leasing and Other Commissions · Leasing and Other Commissions · Q2-2026 | $278M | +17% y/y |
| Capital Markets · Capital Markets · Q2-2026 | $259M | +16% y/y |
| Net income (loss) available to common stockholders · Q2-2026 | $20M | -5% y/y |
| Basic earnings per share · Q2-2026 | $0.11 | -8% y/y |
Risks flagged
Operating margin pressure from rising costs
“Income (loss) from operations 40,411 42,743” · word for word
29 Jul 20268-K · 2.02Newmark reports record Q2 2026: total revenues $888.4M (+17% YoY); adj. EPS $0.39 (+25.8%); all major business lines grew double digits; declares quarterly dividend.earningsopen
Figures in the filing · each found in the filing text
| Total Revenues · Q2-2026 | $888M | +17% y/y |
| GAAP net income for fully diluted shares · Q2-2026 | $27M | -6% y/y |
| GAAP EPS · Q2-2026 | $0.11 | 0% y/y |
| Post-tax Adjusted Earnings · Q2-2026 | $98M | +25% y/y |
| Adjusted EPS · Q2-2026 | $0.39 | +26% y/y |
| Adjusted EBITDA · Q2-2026 | $139M | +22% y/y |
| Management Services, Servicing Fees, and Other · Management Services · Q2-2026 | $351M | +18% y/y |
| Leasing and Other Commissions · Leasing · Q2-2026 | $278M | +17% y/y |
| Capital Markets revenues · Capital Markets · Q2-2026 | $259M | +16% y/y |
| Investment Sales · Capital Markets · Q2-2026 | $165M | +54% y/y |
Guidance
Expects double-digit top- and bottom-line growth for third consecutive year in 2026
Management expects continued double-digit growth in 2026, citing strong results and healthy transaction pipeline.
Risks flagged
Commercial mortgage origination fees declined 26.1% YoY, indicating headwinds in debt financing markets
“Fees from Commercial Mortgage Origination, net (26.1)%”
8 May 202610-QTotal Revenues $847M (+27% y/y); Management Services, Servicing Fees and Other $344M (+21% y/y); Leasing and Other Commissions $250M (+20% y/y)open
Figures in the filing · each found in the filing text
| Total Revenues · Q1-2026 | $847M | +27% y/y |
| Management Services, Servicing Fees and Other · Management Services, Servicing Fees and Other · Q1-2026 | $344M | +21% y/y |
| Leasing and Other Commissions · Leasing and Other Commissions · Q1-2026 | $250M | +20% y/y |
| Capital Markets · Capital Markets · Q1-2026 | $252M | +46% y/y |
| Compensation and employee benefits · Q1-2026 | $516M | +29% y/y |
Risks flagged
Compensation cost growth outpacing revenue growth
“Compensation and employee benefits 515,607 vs 399,512 (three months ended March 31, 2026 vs 2025)”
30 Apr 202610-K/ATotal Revenues $3.29B; Net Income $155Mopen
Figures in the filing · each found in the filing text
| Total Revenues · FY2025 | $3.29B | |
| Net Income · FY2025 | $155M |
30 Apr 20268-K · 2.02Total Revenues $846M (+27% y/y); GAAP net income (loss) for fully diluted shares $20M (+324% y/y); GAAP EPS $0.08 (+260% y/y); Guidance: Double-digit top- and bottom-line growth for full year 2026earningsopen
Figures in the filing · each found in the filing text
| Total Revenues · Q1-2026 | $847M | +27% y/y |
| GAAP net income (loss) for fully diluted shares · Q1-2026 | $20M | +324% y/y |
| GAAP EPS · Q1-2026 | $0.08 | +260% y/y |
| Post-tax Adjusted Earnings · Q1-2026 | $83M | +54% y/y |
| Adjusted EPS · Q1-2026 | $0.33 | +57% y/y |
| Adjusted EBITDA · Q1-2026 | $121M | +36% y/y |
| Servicing and Asset Management portfolio · Q1-2026 | $222.10B | +19% y/y |
Guidance
Double-digit top- and bottom-line growth for full year 2026
Raising full-year outlook for double-digit growth across all metrics.
21 Apr 20268-K · 1.01, 2.03, 8.018-K items 1.01, 2.03, and 8.01 indicate a material definitive agreement creating a direct financial obligation, consistent with debt financing.open
Risks flagged
Increased debt capacity may lead to higher leverage if drawn; interest rate exposure based on SOFR plus margin.
“Borrowings bear interest at SOFR + 1.625% initially; financial covenants unchanged.”
2 Mar 202610-KTotal Revenues $3.30B; Cash and Cash Equivalents $229M; Undrawn Credit Facility $525Mopen
Figures in the filing · each found in the filing text
| Total Revenues · FY2025 | $3.30B | |
| Cash and Cash Equivalents · 2025-12-31 | $229M | |
| Undrawn Credit Facility · 2025-12-31 | $525M | |
| Employee Count · 2025-12-31 | 8,800 | |
| India Offshoring Employees · 2025-12-31 | 1,900 | |
| Committed Loan Funding · 2025-12-31 | $1.50B | |
| Uncommitted Loan Funding · 2025-12-31 | $1.10B | |
| Fannie Mae Loan Repurchase Facility · 2025-12-31 | $500M | |
| Top 10 Client Revenue Concentration · FY2025 | 9.1% | |
| Employee Ownership Percentage · 2025-12-31 | 24.0% |
Risks flagged
Concentrated Voting Control by Cantor
“Cantor, CFGM, and Mr. Brandon Lutnick held 21,285,533 shares of Newmark Class B common stock, representing all of the outstanding shares of Newmark Class B common stock and approximately 57.0% of our total voting power.”
Key Personnel Dependence and Succession Risk
“In July 2025, following discussions with our Chief Executive Officer, Mr. Gosin, the Board retained a leadership advisory firm to assist with long-term succession planning.” · word for word
Dependence on Cantor Relationship
“We also receive support services from certain employees who also work for Cantor and its affiliates and who provide services to us pursuant to our Administrative Services Agreement with Cantor” · word for word
25 Feb 20268-K · 2.02Total Revenues $1.01B (+15% y/y); GAAP net income (loss) for fully diluted shares $93M (+41% y/y); GAAP net income (loss) per fully diluted share (GAAP EPS) $0.37 (+42% y/y); Guidance: Expects double-digit top- and bottom-line growth for thearningsopen
Figures in the filing · each found in the filing text
| Total Revenues · Q4-2025 | $1.01B | +15% y/y |
| GAAP net income (loss) for fully diluted shares · Q4-2025 | $93M | +41% y/y |
| GAAP net income (loss) per fully diluted share (GAAP EPS) · Q4-2025 | $0.37 | +42% y/y |
| Post-tax Adjusted Earnings to fully diluted shareholders (Post-tax Adjusted Earnings) · Q4-2025 | $172M | +24% y/y |
| Post-tax Adjusted Earnings per share (Adjusted EPS) · Q4-2025 | $0.68 | +24% y/y |
| Adjusted EBITDA (AEBITDA) · Q4-2025 | $214M | +17% y/y |
| Management Services, Servicing Fees, and Other · Q4-2025 | $344M | +13% y/y |
| Leasing and Other Commissions · Q4-2025 | $313M | +14% y/y |
| Capital Markets · Q4-2025 | $349M | +19% y/y |
| Servicing and Asset Management portfolio · Q4-2025 | $211.20B | +15% y/y |
Guidance
Expects double-digit top- and bottom-line growth for third consecutive year in 2026; best-ever Total Revenues, Adjusted EPS, and Adjusted EBITDA.
Management explicitly guides for third consecutive year of double-digit growth, citing favorable macro backdrop and successful strategy.
Risks flagged
Dependence on macroeconomic conditions for commercial real estate; any downturn could impact demand.
“Favorable macroeconomic backdrop mentioned, but no explicit risks discussed in excerpt.”
17 Nov 2025DEF 14ADEF 14A proxy filing disclosing executive compensation, governance changes, and insider ownership structure, including the divestment of Howard Lutnick's holdings and consolidation of voting control by Brandon Lutnick.open
Figures in the filing · each found in the filing text
| Top Producer Retention Rate · 2015-2024 | 93.0% | |
| Employee and Insider Ownership · 2025-09-30 | 25.0% |
Risks flagged
Controlling Stockholder Influence
“Following the closing of the transactions described above on October 6, 2025, Mr. Brandon G. Lutnick may be deemed to have beneficial ownership... of 58.6% of the Total Voting Power of the outstanding Common Equity of the Company.” · word for word
Key Person Dependency
“In July 2025, following discussions with our Chief Executive Officer, Mr. Gosin, the Board retained a leadership advisory firm to assist with long-term succession planning.” · word for word
30 Oct 20258-K · 2.02, 8.01Total Revenues $864M (+26% y/y); GAAP net income (loss) for fully diluted shares $64M (+145% y/y); GAAP EPS $0.25 (+150% y/y); Guidance: Raising full-year outlook; targeting Adjusted EBITDA margin expansion of ~100bps in both 2025 and 2026earningsopen
Figures in the filing · each found in the filing text
| Total Revenues · Q3-2025 | $864M | +26% y/y |
| GAAP net income (loss) for fully diluted shares · Q3-2025 | $64M | +145% y/y |
| GAAP EPS · Q3-2025 | $0.25 | +150% y/y |
| Post-tax Adjusted Earnings · Q3-2025 | $106M | +28% y/y |
| Adjusted EPS · Q3-2025 | $0.42 | +27% y/y |
| Adjusted EBITDA · Q3-2025 | $145M | +29% y/y |
Guidance
Raising full-year outlook; targeting Adjusted EBITDA margin expansion of ~100bps in both 2025 and 2026
Newmark raised full-year outlook citing strong Q3 results, robust pipeline, and favorable macroeconomic conditions for CRE. Confident in achieving margin expansion targets.
Risks flagged
Dependence on favorable macroeconomic conditions for commercial real estate; any downturn could impact demand.
“As macroeconomic conditions continue to be favorable for commercial real estate, we remain excited about the earnings potential of our platform.” · word for word
Newmark Group, Inc. — questions
- What did Newmark Group, Inc. file recently?
- 14 SEC filings in the last 12 months. Latest: 8-K on 2026-08-07 — Aggregate annual compensation $5M
Every figure on this page comes from Newmark Group, Inc.'s own SEC filings — see them on SEC EDGAR. Price data is licensed and shown only inside the product.
How these figures are read: methodology · EquiReason.