Marcus & Millichap Q2 FY26 net income swings to profit of $3.9 million; revenue rises 17.8% to $202.9 million
MMI•Q2 revenue and profit improve
- Marcus & Millichap posted Q2 2026 revenue of $202.9 million, up 17.8% versus Q2 2025.
- Net income returned to profit at $3.9 million, or $0.10 per diluted share, from a loss a year earlier.
- Brokerage commissions climbed 18.1% to $167.0 million; financing fees rose 15.3% to $30.3 million.
- Adjusted EBITDA increased to $12.1 million from $1.5 million, as operating income improved.
Dividend and share repurchases
- The board declared a $0.25 per share semi-annual dividend.
- The company repurchased 912,957 shares for $23.9 million in the first half.
