Filing Flows › Newmark Group (NMRK) › Q2 2026 › vs Q1 2026
Newmark Group (NMRK) Q2 2026 vs Q1 2026 (quarter over quarter)
Newmark Group's revenue rose $41.9M (+5%) from $847M in Q1 2026 to $888M in Q2 2026. The biggest changes: Leasing and Other Commissions +$28.0M (+11%); Management Services, Servicing Fees and Other +$7.1M (+2%); Capital Markets +$6.8M (+3%). Operating margin 4.5% against 3.2% (+1.4 pts).
Newmark Group, Q2 2026: revenue $888M (+17% year over year), operating margin 4.5%, net earnings $19.7M, operating cash flow $362M. The chart draws each line against Q1 2026, the increases inside each band.
Margins
| Q2 2026 | Q1 2026 | Change | |
|---|---|---|---|
| Operating margin | 4.5% | 3.2% | +1.4 pts |
| Net margin | 2.2% | 1.7% | +0.5 pts |
Every line
| Line | Q2 2026 | Q1 2026 | Change | % |
|---|---|---|---|---|
| Management Services, Servicing Fees and Other | $351M | $344M | $7.1M | +2% |
| Leasing and Other Commissions | $278M | $250M | $28.0M | +11% |
| Capital Markets | $259M | $252M | $6.8M | +3% |
| Revenue | $888M | $847M | $41.9M | +5% |
| Operating profit | $40.4M | $27.0M | $13.5M | +50% |
| Costs & expenses | $848M | $820M | $28.4M | +3% |
| Pre-tax earnings | $33.0M | $20.0M | $13.0M | +65% |
| Other expense, net | $7.4M | $6.9M | $500K | +7% |
| General & admin | $186M | $181M | $4.7M | +3% |
| Other operating costs | $662M | $638M | $23.8M | +4% |
| Net earnings | $19.7M | $14.4M | $5.3M | +37% |
| Minority interests | $3.7M | $2.2M | $1.5M | +69% |
| Income tax | $9.6M | $3.4M | $6.2M | +179% |
| Depreciation & amortization | $46.0M | $46.2M | −$253K | -0.5% |
| Share-based compensation | $4K | $0 | $4K | — |
| Working capital & other | $297M | −$308M | $605M | — |
| Operating cash flow | $362M | −$248M | $610M | — |
Questions
How much did Newmark Group's revenue grow quarter over quarter in Q2 2026?
Newmark Group's revenue rose $41.9M (+5%) from $847M in Q1 2026 to $888M in Q2 2026.
What drove Newmark Group's revenue change in Q2 2026?
Leasing and Other Commissions +$28.0M (+11%); Management Services, Servicing Fees and Other +$7.1M (+2%); Capital Markets +$6.8M (+3%).