Marcus & Millichap (MMI) Net Margin (2012 - 2026)
Marcus & Millichap's (MMI) quarterly Net Margin came in at 1.79% in Q1 2026, up 126.0% year-on-year from 0.79% in Q1 2025, and down 132.78% quarter-over-quarter from 5.46% in Q4 2025.
Marcus & Millichap (MMI) Net Margin (2012 - 2026) Analysis & Trends
Marcus & Millichap has disclosed Net Margin across 15 years of filings, most recently posting 1.79% for Q1 2026.
- Net Margin for Q1 2026 came in at 1.79%, up 126.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 0.07% (up 88.0% YoY), and the FY2025 annual result was 0.25%, up 152.0% from the prior year.
- Net Margin came in at 1.79% for Q1 2026 at Marcus & Millichap, down from 5.46% in the prior quarter.
- In the past five years, Net Margin ranged from a high of 10.65% in Q2 2022 to a low of 7.74% in Q1 2024.
- The 5-year median for Net Margin is 3.05% (2025), against an average of 0.41%.
- Across the five-year window, Net Margin plunged 1601 bps in 2023 and surged 972 bps in 2024, its largest moves.
- Marcus & Millichap's Net Margin stood at 3.01% in 2022, then slumped by 304 bps to 6.16% in 2023, then soared by 158 bps to 3.56% in 2024, then jumped by 53 bps to 5.46% in 2025, then slumped by 133 bps to 1.79% in 2026.
- The last three Net Margin figures came in at 1.79% (Q1 2026), 5.46% (Q4 2025), and 0.12% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | IHS Holding | 44.35 Bn | 43.37 Bn | 231.80 | 18.25% |
| 2 | Cbre | 38.64 Bn | 37.43 Bn | 1.85 Bn | 3.25% |
| 3 | Jones Lang Lasalle | 13.86 Bn | 13.54 Bn | - | 2.49% |
| 4 | Costar | 12.44 Bn | 11.16 Bn | 701.00 Mn | 0.33% |
| 5 | Compass | 7.37 Bn | 6.89 Bn | 2.31 Bn | 0.33% |
| 6 | KE Holdings | 7.04 Bn | 4.80 Bn | 661.06 Mn | 12.70% |
| 7 | Opendoor Technologies | 4.28 Bn | 4.21 Bn | 72.00 Mn | -24.04% |
| 8 | Cushman & Wakefield | 3.00 Bn | 2.40 Bn | 420.70 Mn | -0.50% |
| 9 | Newmark | 2.71 Bn | 2.66 Bn | - | 2.32% |
| 10 | Marcus & Millichap | 1.12 Bn | 925.41 Mn | - | -1.79% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -1.79% |
| Dec 31, 2025 | 5.46% |
| Sep 30, 2025 | 0.12% |
| Jun 30, 2025 | -6.41% |
| Mar 31, 2025 | -3.05% |
| Dec 31, 2024 | 3.56% |
| Sep 30, 2024 | -3.18% |
| Jun 30, 2024 | -3.50% |
| Mar 31, 2024 | -7.74% |
| Dec 31, 2023 | -6.16% |
| Sep 30, 2023 | -5.70% |
| Jun 30, 2023 | -5.36% |
| Mar 31, 2023 | -3.77% |
| Dec 31, 2022 | 3.01% |
| Sep 30, 2022 | 6.60% |
| Jun 30, 2022 | 10.65% |
| Mar 31, 2022 | 10.26% |
| Dec 31, 2021 | 12.52% |
| Sep 30, 2021 | 10.21% |
| Jun 30, 2021 | 11.07% |