NMRK Q3 2022 Earnings — Newmark Group, Inc. Revenue & Financial Results | Market Cap Arena

NMRKNewmark Group, Inc.

$3B

Q3 2022 Earnings

Real Estate Real Estate - Services

Income Statement

Revenue

$665M-15.7% YoY

Gross Profit

$665M100.0% margin

Operating Income

$58M8.8% margin

Net Income

$28M4.2% margin

EPS (Diluted)

$0.15

QoQ Revenue Growth

-12.0%

Cash Flow

Operating Cash Flow

-$74M

Free Cash Flow

-$97M

Stock-Based Comp.

$44M

Balance Sheet

Total Assets

$4.7B

Total Liabilities

$3.3B

Stockholders' Equity

$1.2B

Cash & Equivalents

$230M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$665M	$788M	-15.7%
Gross Profit	$665M	$788M	-15.7%
Operating Income	$58M	$226M	-74.1%
Net Income	$28M	$129M	-78.2%

Revenue Segments

Leasing And Other Commissions

$220M39%

Management Services

$164M29%

Investment Sales

$132M24%

Mortgage Brokerage And Debt Placement

$42M7%