Filing Flows › Newmark Group (NMRK) › Q3 2026 › vs Q3 2025
Newmark Group (NMRK) Q3 2026 vs Q3 2025 (year over year)
Newmark Group's revenue rose $110M (+13%) from $863M in Q3 2025 to $973M in Q3 2026. The biggest changes: Leasing and Other Commissions +$64.6M (+26%); Management Services, Servicing Fees and Other +$58.2M (+18%); Capital Markets −$13.1M (-4%). Operating margin 8.8% against 9.9% (-1.1 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 Q3 2025, the increases inside each band.
Margins
| Q3 2026 | Q3 2025 | Change | |
|---|---|---|---|
| Operating margin | 8.8% | 9.9% | -1.1 pts |
| Net margin | 5.0% | 5.3% | -0.3 pts |
Every line
| Line | Q3 2026 | Q3 2025 | Change | % |
|---|---|---|---|---|
| Management Services, Servicing Fees and Other | $376M | $318M | $58.2M | +18% |
| Leasing and Other Commissions | $309M | $244M | $64.6M | +26% |
| Capital Markets | $288M | $301M | −$13.1M | -4% |
| Revenue | $973M | $863M | $110M | +13% |
| Operating profit | $85.2M | $85.2M | $21K | 0% |
| Costs & expenses | $888M | $778M | $110M | +14% |
| Pre-tax earnings | $77.0M | $77.2M | −$225K | -0.3% |
| Other expense, net | $8.2M | $8.0M | $246K | +3% |
| General & admin | $198M | $175M | $23.1M | +13% |
| Other operating costs | $690M | $603M | $86.6M | +14% |
| Net earnings | $48.9M | $46.2M | $2.8M | +6% |
| Minority interests | $10.1M | $12.3M | −$2.2M | -18% |
| Income tax | $18.0M | $18.7M | −$759K | -4% |
| Operating cash sources | $384M | −$21.0M | $405M | — |
| Depreciation & amortization | $45.1M | $45.5M | −$395K | -0.9% |
| Cash used in operations | $290M | −$113M | $403M | — |
| Working capital & other | $384M | −$21.0M | $405M | — |
Questions
How much did Newmark Group's revenue grow year over year in Q3 2026?
Newmark Group's revenue rose $110M (+13%) from $863M in Q3 2025 to $973M in Q3 2026.
What drove Newmark Group's revenue change in Q3 2026?
Leasing and Other Commissions +$64.6M (+26%); Management Services, Servicing Fees and Other +$58.2M (+18%); Capital Markets −$13.1M (-4%).