Filing Flows › Newmark Group (NMRK) › Q3 2026 › vs Q2 2026
Newmark Group (NMRK) Q3 2026 vs Q2 2026 (quarter over quarter)
Newmark Group's revenue rose $84.8M (+10%) from $888M in Q2 2026 to $973M in Q3 2026. The biggest changes: Leasing and Other Commissions +$30.6M (+11%); Capital Markets +$29.0M (+11%); Management Services, Servicing Fees and Other +$25.2M (+7%). Operating margin 8.8% against 4.5% (+4.2 pts).
Newmark Group, Q3 2026: revenue $973M (+13% year over year), operating margin 8.8%, net earnings $48.9M, operating cash flow −$290M. The chart draws each line against Q2 2026, the increases inside each band.
Margins
| Q3 2026 | Q2 2026 | Change | |
|---|---|---|---|
| Operating margin | 8.8% | 4.5% | +4.2 pts |
| Net margin | 5.0% | 2.2% | +2.8 pts |
Every line
| Line | Q3 2026 | Q2 2026 | Change | % |
|---|---|---|---|---|
| Management Services, Servicing Fees and Other | $376M | $351M | $25.2M | +7% |
| Leasing and Other Commissions | $309M | $278M | $30.6M | +11% |
| Capital Markets | $288M | $259M | $29.0M | +11% |
| Revenue | $973M | $888M | $84.8M | +10% |
| Operating profit | $85.2M | $40.4M | $44.8M | +111% |
| Costs & expenses | $888M | $848M | $40.0M | +5% |
| Pre-tax earnings | $77.0M | $33.0M | $44.0M | +133% |
| Other expense, net | $8.2M | $7.4M | $806K | +11% |
| General & admin | $198M | $186M | $12.3M | +7% |
| Other operating costs | $690M | $662M | $27.7M | +4% |
| Net earnings | $48.9M | $19.7M | $29.2M | +148% |
| Minority interests | $10.1M | $3.7M | $6.3M | +170% |
| Income tax | $18.0M | $9.6M | $8.4M | +88% |
| Operating cash sources | $384M | −$297M | $681M | — |
| Depreciation & amortization | $45.1M | $46.0M | −$914K | -2% |
| Cash used in operations | $290M | −$362M | $653M | — |
| Working capital & other | $384M | −$297M | $681M | — |
Questions
How much did Newmark Group's revenue grow quarter over quarter in Q3 2026?
Newmark Group's revenue rose $84.8M (+10%) from $888M in Q2 2026 to $973M in Q3 2026.
What drove Newmark Group's revenue change in Q3 2026?
Leasing and Other Commissions +$30.6M (+11%); Capital Markets +$29.0M (+11%); Management Services, Servicing Fees and Other +$25.2M (+7%).