Newmark Group, Inc. reported significant financial performance for the second quarter of 2026, with total revenues reaching $888.4 million, a 17.0% increase from $759.1 million in the same period of 2025. For the first half of 2026, revenues totaled $1.73 billion, up 21.7% from $1.42 billion year-over-year. The company’s net income available to common stockholders for the quarter was $19.7 million, or $0.11 per share, compared to $20.8 million, or $0.12 per share, in the prior year. For the six months ended June 30, 2026, net income available to common stockholders was $34.1 million, significantly higher than $12.1 million reported in the same period of 2025.
The company experienced notable growth across its revenue segments. Management Services, Servicing Fees and Other revenues increased by 17.7% to $351.2 million, driven by strong performance in Valuation and Advisory services. Leasing and Other Commissions revenues rose 17.2% to $278.0 million, attributed to heightened office leasing activity in key markets such as New York City and San Francisco. Capital Markets revenues also saw a 16.0% increase to $259.2 million, reflecting a surge in investment sales, particularly in the multifamily sector.
In terms of operational developments, Newmark has expanded its international presence, increasing its revenue-generating headcount outside the U.S. by mid-double-digit percentages year-on-year. The company has also made strategic acquisitions, including the purchase of Altus Appraisal in March 2026, which is expected to enhance its service offerings. As of June 30, 2026, Newmark's total assets stood at $5.19 billion, up from $5.02 billion at the end of 2025, while total liabilities increased to $3.44 billion from $3.27 billion.
The company’s employee headcount has remained stable, with a focus on attracting top talent in the commercial real estate sector. Newmark's compensation and employee benefits expenses rose to $539.7 million for the quarter, reflecting the costs associated with its growing workforce and recent acquisitions. The company also reported a significant increase in its equity-based compensation, which rose to $68.1 million, driven by the timing of grants and the performance of its stock.
Looking ahead, Newmark anticipates continued growth driven by favorable market conditions, including a projected increase in commercial and multifamily mortgage maturities. The company expects to leverage its recent investments in talent and technology to capture additional market share. However, it remains cautious about potential economic uncertainties, including fluctuations in interest rates and geopolitical tensions, which could impact its operations and financial performance.
About NEWMARK GROUP, INC.
Newmark Group, Inc. is a leading commercial real estate services firm providing advisory, brokerage, property management, valuation, and financing solutions to institutional investors, corporations, and property owners worldwide. Its offerings include capital markets, leasing, property management, and real estate technology. Serving diverse clients across geographies, the company leverages industry expertise, data analytics, and integrated services to optimize real estate portfolios and generate recurring revenues.
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