Marcus & Millichap (MMI) Operating Leases (2019 - 2026)

Marcus & Millichap (MMI) reported Operating Leases of $56.7 million for Q1 2026, down 12.95% on a YoY basis from $65.2 million in Q1 2025, and down 4.62% sequentially from $59.5 million in Q4 2025.

Marcus & Millichap (MMI) Operating Leases (2019 - 2026) Analysis & Trends

Marcus & Millichap (MMI) has 8 years of Operating Leases data on file, last reported at $56.7 million in Q1 2026.

  • For the quarter ending Q1 2026, Operating Leases fell 12.95% year-over-year to $56.7 million; the trailing twelve-month figure through Mar 2026 stood at $56.7 million (down 12.95% YoY), and the FY2025 full-year result was $59.5 million, down 9.5% from the prior year.
  • Operating Leases slipped to $56.7 million in Q1 2026, from $59.5 million in the prior quarter.
  • In the past five years, Operating Leases ranged from a high of $82.8 million in Q1 2023 to a low of $56.3 million in Q1 2022.
  • A 5-year average of $66.7 million and a median of $65.2 million in 2025 frame the typical range for Operating Leases.
  • Across the five-year window, Operating Leases fell 22.2% in 2022 and jumped 46.99% in 2023, its largest moves.
  • Tracing MMI's Operating Leases over 5 years: stood at $65.1 million in 2022, then rose by 6.6% to $69.4 million in 2023, then slipped by 5.34% to $65.7 million in 2024, then dropped by 9.5% to $59.5 million in 2025, then declined by 4.62% to $56.7 million in 2026.
  • Business Quant data shows MMI's Operating Leases at $56.7 million in Q1 2026, $59.5 million in Q4 2025, and $59.3 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Colliers International 4,798.15 Bn 4,797.86 Bn -
2 IHS Holding 60.96 Bn 61.13 Bn 231.80
3 KE Holdings 53.48 Bn 50.59 Bn 661.06 Mn
4 Cbre 39.71 Bn 39.92 Bn 1.85 Bn
5 Jones Lang Lasalle 14.96 Bn 14.65 Bn -
6 Costar 11.08 Bn 9.80 Bn 701.00 Mn
7 Compass 7.92 Bn 7.44 Bn 2.31 Bn
8 FirstService 6.01 Bn 6.28 Bn 480.66 Mn
9 Opendoor Technologies 3.69 Bn 2.69 Bn 72.00 Mn
10 Marcus & Millichap 1.14 Bn 949.56 Mn -

Historic Data

Download Data
DateValue
Mar 31, 2026 56.71 Mn
Dec 31, 2025 59.46 Mn
Sep 30, 2025 59.28 Mn
Jun 30, 2025 63.79 Mn
Mar 31, 2025 65.15 Mn
Dec 31, 2024 65.70 Mn
Sep 30, 2024 66.69 Mn
Jun 30, 2024 70.59 Mn
Mar 31, 2024 73.94 Mn
Dec 31, 2023 69.41 Mn
Sep 30, 2023 73.92 Mn
Jun 30, 2023 78.71 Mn
Mar 31, 2023 82.77 Mn
Dec 31, 2022 65.11 Mn
Sep 30, 2022 62.84 Mn
Jun 30, 2022 63.37 Mn
Mar 31, 2022 56.31 Mn
Dec 31, 2021 58.33 Mn
Sep 30, 2021 60.97 Mn
Jun 30, 2021 81.45 Mn