NMRK Q3 2021 Earnings — Newmark Group, Inc. Revenue & Financial Results | Market Cap Arena

NMRKNewmark Group, Inc.

$2B

Q3 2021 Earnings

Real Estate Real Estate - Services

Income Statement

Revenue

$788M+80.8% YoY

Gross Profit

$788M100.0% margin

Operating Income

$226M28.6% margin

Net Income

$129M16.3% margin

EPS (Diluted)

$0.63

QoQ Revenue Growth

+25.1%

Cash Flow

Operating Cash Flow

-$1.1B

Free Cash Flow

-$1.1B

Stock-Based Comp.

$20M

Balance Sheet

Total Assets

$5.3B

Total Liabilities

$3.7B

Stockholders' Equity

$1.3B

Cash & Equivalents

$171M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$788M	$436M	+80.8%
Gross Profit	$788M	$436M	+80.8%
Operating Income	$226M	$142M	+58.5%
Net Income	$129M	$75M	+70.6%

Revenue Segments

Capital Markets Commissions

$252M32%

Management Services Servicing Fees And Other

$244M31%

Leasing And Other Commissions

$232M29%

Gains From Mortgage Banking Activities Origination Net

$60M8%