NMRK Q2 2022 Earnings — Newmark Group, Inc. Revenue & Financial Results | Market Cap Arena

NMRKNewmark Group, Inc.

$3B

Q2 2022 Earnings

Real Estate Real Estate - Services

Income Statement

Revenue

$755M+19.9% YoY

Gross Profit

$755M100.0% margin

Operating Income

$89M11.8% margin

Net Income

$49M6.4% margin

EPS (Diluted)

$0.26

QoQ Revenue Growth

+11.4%

Cash Flow

Operating Cash Flow

-$163M

Free Cash Flow

-$172M

Stock-Based Comp.

$42M

Balance Sheet

Total Assets

$4.6B

Total Liabilities

$3.1B

Stockholders' Equity

$1.2B

Cash & Equivalents

$280M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$755M	$630M	+19.9%
Gross Profit	$755M	$630M	+19.9%
Operating Income	$89M	$736M	-87.9%
Net Income	$49M	$440M	-89.0%

Revenue Segments

Leasing And Other Commissions

$213M33%

Investment Sales

$209M32%

Management Services

$181M28%

Mortgage Brokerage And Debt Placement

$50M8%