)
Newmark Group (NMRK) investor relations material
Newmark Group Q4 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Achieved record quarterly and full-year revenues in 2025, with all major business lines surpassing $1 billion in annual revenue for the first time, driven by double-digit top-line growth and organic expansion.
Fourth quarter revenues increased 15% year-over-year; Adjusted EPS up 24%, GAAP EPS up 42%.
Strong organic growth in U.S. operations, with international expansion underway but not yet contributing significant revenue.
Declared a quarterly dividend of $0.03 per share and increased share repurchase authorization to $400 million.
AI and digital infrastructure trends are fueling growth, especially in office leasing, data centers, and valuation services.
Financial highlights
Q4 2025 total revenues reached $1,006 million, up 15.3% year-over-year; FY 2025 revenues were $3,294 million, up 20.3%.
Adjusted EPS increased 23.6% to $0.68 in Q4 and 31.7% to $1.62 for FY 2025.
Adjusted EBITDA was $214 million in Q4, up 17%, and $562.4 million for FY 2025, up 26.3%.
Adjusted free cash flow rose 38.4% to $268.9 million for the year.
GAAP net income for fully diluted shares increased 41.4% to $92.9 million in Q4 and 182.5% to $173.0 million for FY 2025.
Outlook and guidance
FY 2026 revenue guidance is $3.7–$3.8 billion, up 12–15% year-over-year; Adjusted EBITDA expected at $635–$675 million, up 13–20%.
Adjusted EPS guidance for 2026 is $1.82–$1.92, up 12–19% year-over-year.
Over 90% of 2026 earnings growth anticipated to be organic.
Capital markets expected to grow above midpoint, management and servicing in line, leasing below midpoint.
Adjusted Earnings Tax Rate projected at 13–15% for 2026.
Next Newmark Group earnings date
Next Newmark Group earnings date
The essential earnings season companion
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
I can't remember the last time an app had such a positive impact on my investment process.
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
I can't remember the last time an app had such a positive impact on my investment process.
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
)
)
)
Frequently asked questions
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Explore our global coverage