Real Estate Brokerage Commissions was Marcus & Millichap’s largest product and service line in fiscal 2025, bringing in $632.52M of $755.16M (84%).
| Product and Service | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Real Estate Brokerage Commissions | $1.17B | $559.75M | $589.70M | $632.52M | ||||||
| Financing Fees | $112.98M | $66.90M | $84.51M | $103.92M | ||||||
| Other Revenue | $18.42M | $19.28M | $21.85M | $18.72M | ||||||
| Other Revenues | — | — | — | — | ||||||
| Total | $1.30B | $645.93M | $696.06M | $755.16M |
Marcus & Millichap brought in $755.16M from its three product and service lines in fiscal 2025, the year ended December 31, 2025. That was up 8.5% from $696.06M in fiscal 2024. Real Estate Brokerage Commissions was the largest at $632.52M (83.8%), ahead of Financing Fees at $103.92M (13.8%) and Other Revenue at $18.72M (2.5%).
Compared with fiscal 2024, Financing Fees grew fastest, up 23.0% to $103.92M, while Other Revenue fell the most, down 14.3% to $18.72M. From fiscal 2022 to 2025, combined revenue from these lines fell from $1.30B to $755.16M, a compound annual decline of 16.6%. Real Estate Brokerage Commissions' share of the total fell from 89.9% to 83.8%.
Marcus & Millichap (MMI) reports its revenue by product and service. In fiscal 2025, Real Estate Brokerage Commissions was its largest product and service line, bringing in $632.52M (83.8% of the total), followed by Financing Fees at $103.92M (13.8%).
Real Estate Brokerage Commissions was Marcus & Millichap's largest product and service line in fiscal 2025, bringing in $632.52M, or 83.8% of the $755.16M total across its three product and service lines.
Among Marcus & Millichap's product and service lines that make up at least 2% of revenue, Financing Fees grew fastest in fiscal 2025, up 23.0% from $84.51M to $103.92M.
Every figure comes from Marcus & Millichap's annual financial filings, as reported. Each line keeps the name Marcus & Millichap gives it, and years follow its fiscal calendar.
Marcus & Millichap's revenue by product and service goes back to fiscal 2016, with figures through fiscal 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.