Filing Flows › Newmark Group (NMRK) › Q3 2026
Newmark Group (NMRK) Q3 2026 earnings results (third quarter 2026)
10-Q filed Nov 6, 2026
Newmark Group (NMRK) reported revenue of $973M for the third quarter 2026 (Q3 2026), +13% from a year earlier and +10% from the quarter before. Operating margin was 8.8%, net earnings $48.9M (5.0% of revenue).
Newmark Group, Q3 2026: revenue $973M (+13% year over year), operating margin 8.8%, net earnings $48.9M, operating cash flow −$290M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $973M | +10% | +13% |
| Operating profit | $85.2M | +111% | 0% |
| Net earnings | $48.9M | +148% | +6% |
| Operating cash flow | −$290M | -180% | -358% |
What changed
Revenue was $973.2M in Q3 2026, up 13% year over year and up 10% from the previous quarter. Management Services, Servicing Fees and Other was the largest line at 39% of revenue. Leasing and Other Commissions added $64.6M year over year (up 26%), 59% of the total change. Capital Markets declined 4%.
Operating profit was $85.2M, a 8.8% margin (down 1.1 points year over year). Of the extra revenue versus Q3 2025, 0% reached operating profit, below the 10% margin then. Total costs grew 14% against revenue growth of 13%. The fastest-growing cost line was Other operating costs (+14%). Net earnings were $48.9M, up 6% year over year. The effective tax rate was 23.4%.
Operating cash flow was −$290.3M. Non-cash charges added back $45.1M of depreciation and amortization. Working capital and other items used $394.3M. Capital expenditures of $16.2M exceeded it, leaving free cash flow of −$306.5M.
Questions
What was Newmark Group's revenue in the third quarter 2026?
Newmark Group (NMRK) reported revenue of $973M for the third quarter 2026 (Q3 2026), +13% from a year earlier and +10% from the quarter before.
Was Newmark Group profitable in the third quarter 2026?
Operating profit was $85.2M (8.8% of revenue) and net earnings $48.9M.
Source: Newmark Group 10-Q on SEC EDGAR.