Filing Flows › Newmark Group (NMRK) › Q2 2026
Newmark Group (NMRK) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 7, 2026
Newmark Group (NMRK) reported revenue of $888M for the second quarter 2026 (Q2 2026), +17% from a year earlier and +5% from the quarter before. Operating margin was 4.5%, net earnings $19.7M (2.2% of revenue).
Newmark Group, Q2 2026: revenue $888M (+17% year over year), operating margin 4.5%, net earnings $19.7M, operating cash flow $362M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $888M | +5% | +17% |
| Operating profit | $40.4M | +50% | -5% |
| Net earnings | $19.7M | +37% | -5% |
| Operating cash flow | $362M | — | — |
| Free cash flow | $342M | — | — |
What changed
Revenue was $888.4M in Q2 2026, up 17% year over year and up 5% from the previous quarter. Management Services, Servicing Fees and Other was the largest line at 40% of revenue. Management Services, Servicing Fees and Other added $52.8M year over year (up 18%), 41% of the total change.
Operating profit was $40.4M, a 4.5% margin (down 1.1 points year over year). Operating profit fell $2.3M even though revenue rose $129.3M versus Q2 2025, so costs grew faster than sales. Total costs grew 18% against revenue growth of 17%. The fastest-growing cost line was General & admin (+23%). Net earnings were $19.7M, down 5% year over year. The effective tax rate was 29.0%.
Operating cash flow was $362.5M, 1548% of net income including minority interests. Non-cash charges added back $46.0M of depreciation and amortization and $4K of share-based compensation. Working capital and other items added $293.1M. After purchase of fixed assets ($20.8M), free cash flow as the company reports it was $341.7M.
Questions
What was Newmark Group's revenue in the second quarter 2026?
Newmark Group (NMRK) reported revenue of $888M for the second quarter 2026 (Q2 2026), +17% from a year earlier and +5% from the quarter before.
Was Newmark Group profitable in the second quarter 2026?
Operating profit was $40.4M (4.5% of revenue) and net earnings $19.7M.
Source: Newmark Group 10-Q on SEC EDGAR.