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

Marcus & Millichap's (MMI) quarterly Operating Leases came in at $56.7 million in Q1 2026, down 12.95% year-on-year from $65.2 million in Q1 2025, and down 4.62% quarter-over-quarter from $59.5 million in Q4 2025.

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

Marcus & Millichap has disclosed Operating Leases across 8 years of filings, most recently posting $56.7 million for Q1 2026.

  • Operating Leases for Q1 2026 came in at $56.7 million, down 12.95% year-over-year; the trailing twelve-month figure through Mar 2026 was $56.7 million (down 12.95% YoY), and the FY2025 annual result was $59.5 million, down 9.5% from the prior year.
  • Operating Leases came in at $56.7 million for Q1 2026 at Marcus & Millichap, down 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 $56.7 million in Q1 2026.
  • The 5-year median for Operating Leases is $65.7 million (2024), against an average of $67.8 million.
  • Peak annual rise in Operating Leases reached 30.54% in 2022, while the deepest fall reached 22.2% in 2022.
  • Marcus & Millichap's Operating Leases stood at $65.1 million in 2022, then gained by 6.6% to $69.4 million in 2023, then dropped by 5.34% to $65.7 million in 2024, then declined by 9.5% to $59.5 million in 2025, then fell by 4.62% to $56.7 million in 2026.
  • The last three Operating Leases figures came in at $56.7 million (Q1 2026), $59.5 million (Q4 2025), and $59.3 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 IHS Holding 45.03 Bn 44.04 Bn 231.80
2 Cbre 38.54 Bn 37.33 Bn 1.85 Bn
3 Costar 14.00 Bn 12.72 Bn 701.00 Mn
4 Jones Lang Lasalle 13.85 Bn 13.53 Bn -
5 KE Holdings 7.04 Bn 4.80 Bn 661.06 Mn
6 Compass 5.66 Bn 5.19 Bn 2.31 Bn
7 Opendoor Technologies 4.24 Bn 4.17 Bn 72.00 Mn
8 Cushman & Wakefield 3.11 Bn 2.51 Bn 420.70 Mn
9 Newmark 2.67 Bn 2.62 Bn -
10 Marcus & Millichap 1.15 Bn 957.33 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 74.58 Mn
Dec 31, 2021 58.33 Mn
Sep 30, 2021 80.72 Mn
Jun 30, 2021 81.45 Mn