Newmark Tops Earnings Forecasts Aided by 16% Capital Markets Boost
Newmark reported Q2 2026 adjusted EPS of 39 cents, above Wall Street’s 38 cents forecast. Revenue rose 17% to $884 million, exceeding an $852.28 million estimate. The company cited a 16% increase in capital markets revenues driven by higher multifamily investment sales, while leasing fees rose 17.2% to $278 million.
How this was made

The 30-second read
Why it matters
The key tradable takeaway is the combination of an EPS and revenue beat plus segment-level momentum (capital markets +16%, leasing fees +17.2%) that management ties to continued double-digit growth in 2026.
Market read
A concrete Q2 beat with clear operating drivers can influence near-term positioning in real estate advisory and transaction-exposed names.
What to watch
The article does not quantify guidance ranges or margins, so traders may need to watch whether recurring revenue investments and leasing growth translate into sustained profitability.
Background
Newmark is a global real estate advisory firm, and the article frames Q2 strength as coming from capital markets investment sales and leasing activity.
Market effects
Signals improving real estate transaction and leasing activity, particularly in office leasing and multifamily senior and affordable housing.
Highlights higher office leasing volumes in New York City, San Francisco Bay Area, and Los Angeles.
Mentions ongoing international expansion as part of the long-term growth drivers, but no specific foreign-market datapoints are provided.
Counterpoint
Debt origination placements fell due to a very strong 2025 Q2 comp, suggesting some of the momentum may be timing-related rather than purely structural.
Key entities
- companyNewmark
Reported Q2 adjusted EPS of 39 cents and revenue of $884M, citing capital markets investment sales and leasing strength.
- executiveBarry Gosin
CEO who reiterated expectations for double-digit 2026 growth and discussed affordable housing tailwinds.
- executiveLou Alvarado
COO who discussed leasing opportunities across Class A and older buildings due to flight to quality.
