Marcus & Millichap reports Q3 2026 revenue up 7.5% to roughly $208 million

Marcus & Millichap announced third‑quarter 2026 results, showing revenue growth of about 7.5% year‑over‑year to roughly $208 million and earnings of $0.03 per diluted share. Net income was $1.0 million and adjusted EBITDA reached $8.2 million. Management highlighted interest‑rate volatility as a near‑term headwind but said loan maturities totalling $1.2 trillion in 2027‑2028 should boost transaction activity.

The company beat revenue expectations but missed GAAP EPS forecasts, which analysts noted could pressure the stock in the short term. The outlook for higher transaction volume from upcoming loan maturities may support future growth.

  • 1Revenue for Q3 2026 was reported as $208.37 million, up 7.5% YoY.
  • 2Net income for the quarter was $1.0 million, or $0.03 per diluted share.
  • 3Adjusted EBITDA for the quarter was $8.2 million.
  • 4Brokerage activity totaled 1,584 transactions and $9.4 billion in sales volume.
  • 5Management cited interest‑rate volatility and wider bid‑ask spreads as near‑term challenges.
  • 6The firm highlighted $1.2 trillion of loan maturities expected in 2027‑2028 as a catalyst for higher transaction activity.

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