Filing Flows › Newmark Group (NMRK) › Q1 2026
Newmark Group (NMRK) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 8, 2026
Newmark Group (NMRK) reported revenue of $847M for the first quarter 2026 (Q1 2026), +27% from a year earlier and -16% from the quarter before. Operating margin was 3.2%, net earnings $14.4M (1.7% of revenue).
Newmark Group, Q1 2026: revenue $847M (+27% year over year), operating margin 3.2%, net earnings $14.4M, operating cash flow −$248M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $847M | -16% | +27% |
| Operating profit | $27.0M | -78% | — |
| Net earnings | $14.4M | -79% | — |
| Operating cash flow | −$248M | -140% | — |
What changed
Revenue was $846.5M in Q1 2026, up 27% year over year and down 16% from the previous quarter. Management Services, Servicing Fees and Other was the largest line at 41% of revenue. Capital Markets added $78.9M year over year (up 45%), 44% of the total change.
Operating profit was $27.0M, a 3.2% margin (up 5.8 points year over year). Total costs grew 20% against revenue growth of 27%. The fastest-growing cost line was Other operating costs (+21%). Net earnings were $14.4M. The effective tax rate was 17.1%.
Operating cash flow was −$247.6M. Non-cash charges added back $46.2M of depreciation and amortization. Working capital and other items used $310.4M. Capital expenditures of $10.2M exceeded it, leaving free cash flow of −$257.8M.
Questions
What was Newmark Group's revenue in the first quarter 2026?
Newmark Group (NMRK) reported revenue of $847M for the first quarter 2026 (Q1 2026), +27% from a year earlier and -16% from the quarter before.
Was Newmark Group profitable in the first quarter 2026?
Operating profit was $27.0M (3.2% of revenue) and net earnings $14.4M.
Source: Newmark Group 10-Q on SEC EDGAR.