NASDAQ: NMRK NEWMARK GROUP, INC. 8-K

Newmark reports record Q2 revenues of $888.4M (+17% YoY), Adjusted EPS $0.39 (+26% YoY)

Filed July 29, 2026 · Period ending July 29, 2026 · ~1 min read

Key Changes

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Q2 2026 revenues reached $888.4M (+17.0% YoY), with Adjusted EPS of $0.39 (+25.8% YoY) and Adjusted EBITDA of $139.2M (+22.1% YoY). GAAP EPS was $0.11, flat year-over-year.

Item 2.02 — Results of Operations and Financial Condition verify on EDGAR →
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Investment Sales surged 54.4% to $164.6M driven by multifamily activity. Management Services grew 17.7% to $351.2M (fourth consecutive record quarter). Commercial Mortgage Origination fees fell 26.1% to $68.1M.

Exhibit 99.1 view on EDGAR →
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Reaffirmed full-year 2026 outlook: revenues $3,775M-$3,875M (+15-18%), Adjusted EPS $1.87-$1.98 (+15-22%), Adjusted EBITDA $656M-$694M (+17-23%).

Exhibit 99.1 view on EDGAR →
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Declared quarterly dividend of $0.06 per share, payable August 28, 2026 to stockholders of record August 14, 2026.

Exhibit 99.1 view on EDGAR →
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Repurchased 10.4M shares at $14.58 average price ($151.1M total) in H1 2026. Net leverage at 1.0x trailing twelve-month Adjusted EBITDA. $248.9M remains under buyback authorization.

Exhibit 99.1 view on EDGAR →

Summary

Newmark delivered strong second quarter 2026 results with record revenues of $888.4 million, up 17.0% year-over-year, driven by double-digit growth across all major business lines. Adjusted EPS rose 25.8% to $0.39, while GAAP EPS held flat at $0.11.

Investment Sales was the standout performer, surging 54.4% on multifamily strength, while Management Services posted its fourth consecutive record quarter with 17.7% growth. Commercial Mortgage Origination fees declined 26.1%, facing a tough comparison to the prior year's $7.1 billion data center construction loan.

The company reaffirmed its full-year 2026 outlook, projecting 15-18% revenue growth and 15-22% Adjusted EPS growth, signaling confidence in sustained momentum. Newmark returned $151.1 million to shareholders through buybacks in the first half while maintaining a conservative 1.0x net leverage ratio. The Board declared a $0.06 quarterly dividend. For holders, the combination of accelerating top-line growth, margin expansion, and disciplined capital allocation supports the reaffirmed guidance and positions the company for a third consecutive year of double-digit growth.

Section-by-Section Diff

Event · Item 2.02 — Results of Operations and Financial Condition

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Newmark announced Q2 2026 financial results and declared a dividend.

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Added Q2 2026 earnings announcement high

Added in current filing · verify on EDGAR →

On July 29, 2026, Newmark Group, Inc. (the “Registrant,” “we,” “us,” “Newmark,” or the “Company”) issued a press release announcing its financial results for the quarter ended June 30, 2026.

Newmark disclosed its second quarter 2026 financial results via press release. The 8-K body does not contain the actual financial figures; those are in the attached Exhibit 99.1 press release, which is furnished rather than filed (except for dividend information).

Added Dividend information filed medium

Added in current filing · verify on EDGAR →

The information set forth under the heading “Dividend Information” set forth in Exhibit 99.1 to this Current Report on Form 8-K is being filed under Item 2.02 of Form 8-K and shall be deemed incorporated by reference in any filing under the Securities Act

The company specifically filed (rather than merely furnished) the dividend information from the press release, making it part of the official SEC record and incorporated by reference into Securities Act filings. This indicates a dividend was declared, though the specific amount and payment details are in Exhibit 99.1.

Event · Exhibit 99.1

~17,000 words View exhibit on EDGAR ↗

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Added Q2 2026 financial results high

Added in current filing · view on EDGAR →

Total Revenues $888.4 $759.1 17.0% $1,734.9 $1,424.6 21.8%

GAAP net income (loss) for fully diluted shares 27.1 28.8 (5.7)% 46.7 16.1 190.3%

GAAP net income (loss) per fully diluted share ("GAAP EPS") 0.11 0.11 NMF 0.18 0.06 200.0%

Post-tax Adjusted Earnings to fully diluted shareholders ("Post-tax Adjusted Earnings") 97.5 77.7 25.5% 181.0 132.1 37.0%

Post-tax Adjusted Earnings per share ("Adjusted EPS") 0.39 0.31 25.8% 0.71 0.52 36.5%

Adjusted EBITDA ("AEBITDA") 139.2 114.0 22.1% 260.3 203.2 28.1%

Newmark reported second quarter 2026 total revenues of $888.4 million, up 17.0% year-over-year, and year-to-date revenues of $1,734.9 million, up 21.8%. GAAP EPS was $0.11 for the quarter (flat year-over-year) and $0.18 year-to-date (up 200.0%). Adjusted EPS was $0.39 for the quarter (up 25.8%) and $0.71 year-to-date (up 36.5%). Adjusted EBITDA was $139.2 million for the quarter (up 22.1%) and $260.3 million year-to-date (up 28.1%). The company achieved record second quarter revenues driven by double-digit growth across all major business lines.

Added Revenue breakdown by segment high

Added in current filing · view on EDGAR →

Management Services, Servicing Fees, and Other ... 351.2 298.4 17.7% 695.2 582.3 19.4%

Leasing and Other Commissions 278.0 237.3 17.2% 528.1 445.3 18.6%

Investment Sales 164.6 106.6 54.4% 305.3 199.5 53.0%

Fees from Commercial Mortgage Origination, net 68.1 92.1 (26.1)% 150.7 151.3 (0.4)% ... Capital Markets 259.2 223.5 16.0% 511.7 397.0 28.9%

Management Services, Servicing Fees, and Other revenues grew 17.7% to $351.2 million in Q2, marking the fourth consecutive record quarter for these recurring businesses. Leasing and Other Commissions increased 17.2% to $278.0 million, an all-time best second quarter. Investment Sales surged 54.4% to $164.6 million, driven by multifamily activity including senior and affordable housing. Capital Markets revenues rose 16.0% to $259.2 million. Commercial Mortgage Origination fees declined 26.1% to $68.1 million, reflecting a difficult comparison to Q2 2025 which included a $7.1 billion data center construction loan.

Added Balance sheet and capital allocation medium

Added in current filing · view on EDGAR →

Cash and cash equivalents $259.7 $229.1

Total corporate debt $867.3 $671.7

As of June 30, 2026, Newmark had cash and cash equivalents of $259.7 million (up from $229.1 million at year-end 2025) and total corporate debt of $867.3 million (up from $671.7 million). Net leverage stood at 1.0 times trailing twelve-month Adjusted EBITDA. During the first half of 2026, the company repurchased 10.4 million shares at an average price of $14.58, totaling $151.1 million. The company has $248.9 million remaining under its share repurchase and unit redemption authorization program.

Added Reaffirmed 2026 full-year outlook high

Added in current filing · view on EDGAR →

Total Revenues (millions) $3,775 - $3,875 15% - 18% $3,294.0

Adjusted Earnings Per Share $1.87 - $1.98 15% - 22% $1.62

Adjusted Earnings Tax Rate 13% - 15% 11.4%

Adjusted EBITDA (millions) $656 - $694 17% - 23% $562.4

Newmark reaffirmed its full-year 2026 outlook, projecting total revenues of $3,775 million to $3,875 million (15% to 18% growth), Adjusted EPS of $1.87 to $1.98 (15% to 22% growth), and Adjusted EBITDA of $656 million to $694 million (17% to 23% growth). The outlook excludes potential future acquisitions and assumes no meaningful changes in the company's stock price. Management expects double-digit top- and bottom-line growth for the third consecutive year in 2026.