Newmark — Third Quarter 2026 Earnings Summary

Newmark Group, Inc. reported third-quarter 2026 total revenues of $973.2 million, representing a 12.7% increase from the prior year period, driven by a 26.5% rise in leasing commissions and an 18.3% growth in management services and servicing fees. The company achieved post-tax adjusted earnings of $122.1 million for the quarter and $303.0 million year-to-date, with adjusted earnings per share reaching $0.48 and $1.20 respectively. Despite strong operational performance, Newmark revised its full-year 2026 outlook downward due to macroeconomic volatility affecting deal closing timing, projecting total revenues between $3.7 billion and $3.8 billion. The company also declared a quarterly dividend of $0.06 per share and maintained a net leverage ratio of 1.0 times as of the end of the quarter.