Earnings Releases·Oct 29, 2026, 9:00 AM ET

Newmark — Third Quarter 2026 Earnings Summary

**Financial Performance:** Q3 2026 total revenues rose 12.7% YoY to $973.2 million, while GAAP net income increased 5.3% YoY to $67.4 million and Adjusted EPS grew 14.3% YoY to $0.48; YTD results showed stronger momentum with revenues up 18.4% and Adjusted EPS up 27.7% YoY.
**Guidance Revision:** The company lowered its full-year 2026 outlook to $3,700–$3,800 million in revenue, $1.80–$1.90 in Adjusted EPS, and $629–$667 million in Adjusted EBITDA, citing a challenging macroeconomic environment and uncertainty regarding deal closing timing.
**Strategic & Capital Returns:** Management announced a re-authorized $400 million share buyback program and a quarterly dividend of $0.06 per share, while S&P Global Ratings upgraded the issuer credit rating to 'BB-' from 'BB+'; the company also completed six acquisitions since Q3 2025.
**Segment Highlights:** Leasing and Other Commissions revenues hit an all-time best third quarter with 26.5% YoY growth, while Investment Sales volumes rose 33% YoY; conversely, Capital Markets revenues declined 4.4% YoY and Commercial Mortgage Origination fees fell 21.1% YoY.