Filing Flows › Newmark Group (NMRK) › Guidance & outlook
Newmark Group (NMRK) guidance and outlook
Newmark Group (NMRK) reaffirmed its guidance on Oct 29, 2026: Revenue +12% to +15% for FY2026; EPS $1.80–$1.90 for FY2026; EPS +11% to +17% for FY2026; Tax rate 13%–15% for FY2026. Newmark Group's 10-Q filed Nov 6, 2026 makes 41 forward-looking statements.
Guidance and outlook
Latest guidance
| Metric | Period | Range | Change |
|---|---|---|---|
| Revenue | FY2026 | +12% to +15% | new |
| EPS | FY2026 | $1.80–$1.90 | new |
| EPS | FY2026 | +11% to +17% | new |
| Tax rate | FY2026 | 13%–15% | reaffirmed |
| EBITDA | FY2026 | +12% to +19% | new |
From the earnings release filed Oct 29, 2026 (8-K on EDGAR).
Forward-looking statements, 10-Q filed Nov 6, 2026
- We expect these outsourcing trends to persist for the foreseeable future, which should benefit our recurring revenue businesses as we continue to invest in areas including property, project, and facilities management, as well as across our growing suite of managed services offerings.
- We believe these recent investments will help drive stable and predictable revenue and earnings growth over time.
- We expect this business to benefit as the overall amount of commercial and multifamily debt outstanding increases, we continue to gain origination market share, and we drive further cross selling between service lines.
- We expect our overall portfolio to continue providing a steady stream of income and cash flow over the life of the serviced loans.
- As with nearly all newly hired professionals, these recent additions are expected to take at least 6 to 18 months to produce meaningful fees, although we generally record related expenses beginning in their first quarter with the Company.
- As more of Newmark’s newer team members ramp up, we expect to further improve our productivity and earnings over time, all else equal.
- While we still generate the large majority our Capital Markets volumes in the U.S., we expect to further expand international offerings across investment sales, equity advisory, mortgage brokerage, and debt placement as we continue to invest in non-U.S. talent.
- We expect record amounts of medium-term commercial and multifamily mortgage maturities and interest rate stabilization to together lead to continued improvement in industry debt volumes, as well as increased investment sales activity.
- With the pipeline of new U.S. and U.K. office construction well below peak levels, and the conversion of obsolete space into multifamily and other uses, we expect office fundamentals to continue to improve in our key markets.
- Given Newmark’s investments in talent, deep relationships with clients, and the strength of our brand, we anticipate further market share gains over time.
- In this business, we provide property and facilities management services along with project management, V&A services, and other consulting and managed services, as well as technology services, to customers who may also utilize our commercial real estate brokerage services, and flexible workspace solutions.
- Our commercial mortgage origination revenue also includes the revenue recognized for the fair value of expected net future cash flows from servicing recognized at commitment.
Newmark Group's latest quarter
Newmark Group, Q3 2026: revenue $973M (+13% year over year), operating margin 8.8%, net earnings $48.9M, operating cash flow −$290M. The chart follows the revenue to costs, profit and cash.
Questions
Did Newmark Group raise or lower its guidance?
Newmark Group (NMRK) reaffirmed its guidance on Oct 29, 2026: Revenue +12% to +15% for FY2026; EPS $1.80–$1.90 for FY2026; EPS +11% to +17% for FY2026; Tax rate 13%–15% for FY2026.
What does Newmark Group expect?
We expect these outsourcing trends to persist for the foreseeable future, which should benefit our recurring revenue businesses as we continue to invest in areas including property, project, and facilities management, as well as across our growing suite of managed services offerings. We believe these recent investments will help drive stable and predictable revenue and earnings growth over time. We expect this business to benefit as the overall amount of commercial and multifamily debt outstanding increases, we continue to gain origination market share, and we drive further cross selling betwe
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.