NMRK Q3 2024 Earnings — Newmark Group, Inc. Revenue & Financial Results | Market Cap Arena

NMRKNewmark Group, Inc.

$3B

Q3 2024 Earnings

Real Estate Real Estate - Services

Income Statement

Revenue

$686M+11.3% YoY

Gross Profit

$686M100.0% margin

Operating Income

$41M6.0% margin

Net Income

$18M2.6% margin

EPS (Diluted)

$0.07

QoQ Revenue Growth

+8.3%

Cash Flow

Operating Cash Flow

-$85M

Free Cash Flow

-$94M

Stock-Based Comp.

$49M

Balance Sheet

Total Assets

$5.0B

Total Liabilities

$3.5B

Stockholders' Equity

$1.2B

Cash & Equivalents

$179M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$686M	$616M	+11.3%
Gross Profit	$686M	$616M	+11.3%
Operating Income	$41M	$30M	+36.6%
Net Income	$18M	$10M	+78.9%

Revenue Segments

Leasing And Other Commissions

$215M32%

Management Services

$212M32%

Investment Advice

$99M15%

Servicing Fees And Other

$71M11%

Mortgage Brokerage And Debt Placement

$42M6%

Servicing

$26M4%

Geographic Segments

UNITED STATES

$594M87%

UNITED KINGDOM

$51M7%

Other Geographical Areas

$41M6%