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Nasdaq · Real Estate

NEWMARK GROUP, INC. (NMRK)

As-reported financials and SEC filings for NEWMARK GROUP, INC. The latest annual period is FY2025. The latest reported quarter is Q2 FY2026. Financial statements come straight from the company’s EDGAR filings; valuation figures such as P/E and market cap use market data.

About NEWMARK GROUP, INC.

Newmark Group, Inc. is a commercial real estate advisory and service company serving large institutional investors, global corporations, and property owners and occupiers. It offers a range of services including capital markets transactions, mortgage origination and servicing, leasing representation, property management, valuation and advisory, consulting, and real estate technology solutions. The company supports clients with investment sales, loan origination and servicing under government-sponsored programs, tenant and landlord leasing, and flexible workspace solutions.

Snapshot

Revenue
$2.77B
Revenue growth (YoY)
21.9%
Net income
$126.2M
Diluted EPS
$0.68
Gross margin
Operating margin
8.4%
Net margin
4.6%
FCF margin
5.1%
ROE
7.3%
net income / fiscal-year-end equity
P/E
19.0×
trailing when available, otherwise FY EPS
Market cap
$3.68B
Long-term debt / equity
0.39×
non-current term debt only

Fundamentals are from SEC filings for FY2025, the latest annual period (ended December 31, 2025). P/E and market cap are derived from stored market prices, last retrieved on a rolling basis and typically within the past week.

What changed at Newmark Group

  • Revenue grew 21.9% to $2.8B in FY2025, faster than the 9.7% the year before.
  • Operating margin is 8.4% in FY2025, -41.8 pp against 50.2% in FY2021.
  • Most recent quarter Q2 FY2026: revenue $764M, up 19.5% from Q2 FY2025.
  • Free cash flow was $143M in FY2025, 5.1% of revenue.
  • Net income rose 47.6% to $126M in FY2025.

Computed from the as-reported figures in the statements below. A change we cannot state from filed figures is left out rather than estimated.

Peer comparison

Where Newmark Group’s fundamentals sit among the 226 Real Estate companies. Each figure is ranked only against peers that report it, from lowest (left) to highest (right).

Operating margin8.4%
36th percentile of 122
Net margin4.6%
46th percentile of 211
FCF margin5.1%
54th percentile of 57
Revenue growth (YoY)+21.9%
89th percentile of 221
ROE7.3%
71st percentile of 195
P/E19.0×
24th percentile of 137
Long-term debt / equity0.39×
13th percentile of 128
Short interest4.55d
50th percentile of 211

Newmark Group’s revenue growth of +21.9% ranks in the 89th percentile of the 221 Real Estate companies reporting it. Newmark Group’s long-term debt to equity of 0.39 ranks in the 13th percentile of the 128 Real Estate companies reporting it.

No reported insider transactions (codes P/S) in the last 90 days. For context, about 15% of companies in the universe saw any reported insider purchase (code P) in the same window. Browse insider activity →

Percentiles describe where a figure sits among sector peers reporting it (100th = highest). They are position within a peer group, not a rating, and not investment advice. Short interest ranking uses days to cover from FINRA Consolidated Short Interest data; FINRA is the owner and source of that data, included at no additional charge.

Institutional ownership

Held by 1 of the superinvestors we track (plus 6 quant / multi-strat books), based on each investor’s most recent 13F; periods vary by investor (newest: Q2 2026).

Conviction investors
1
+6 quant / multi-strat
Initiated / added
3
0 new, 3 added
Reduced / exited
5
4 trimmed, 1 exited
Combined position
$30.2M
reported long value
InvestorAs ofPosition valueSharesChange
Millennium ManagementquantQ2 2026$11.9M785.3KAdded
Two Sigma InvestmentsquantQ2 2026$8.3M548.3KAdded
AQR Capital ManagementquantQ2 2026$4.7M309.1KAdded
D. E. ShawquantQ2 2026$3.2M213.7KReduced
Point72 Asset ManagementquantQ2 2026$1.4M91.1KReduced
Gotham Asset ManagementQ2 2026$406,71626.9KReduced
Renaissance TechnologiesquantQ2 2026$373,89724.7KReduced

No longer held by: Citadel Advisors (as of Q2 2026)

From quarterly Form 13F filings, which can be up to 45 days delayed. Long US-listed positions only: excludes short positions, options, cash, bonds, and non-US holdings, so this is not a manager’s complete portfolio. Counts are of the investors we track, not all institutions. Not investment advice.

Short interest

Total shares sold short as of each twice-monthly FINRA settlement. Rising short interest means more investors are positioned against the stock; days to cover estimates how many trading days of average volume that position represents.

Shares short
5.9M
settled 2026-08-14
Change vs prior
+10.4%
vs previous settlement
Days to cover
4.55
at avg daily volume
Avg daily volume
1.3M
FINRA reported
SettlementShares shortChangeDays to cover
2026-08-145.9M+10.4%4.55
2026-07-315.4M-4.2%3.83
2026-07-155.6M-14.2%5.02
2026-06-306.5M+1.9%3.93
2026-06-156.4M+32.3%4.78
2026-05-294.8M+14.0%3.90
2026-05-154.2M-0.4%2.66
2026-04-304.3M-5.3%2.93

Source: FINRA Consolidated Short Interest. FINRA is the owner and source of the FINRA-supplied data, which is included at no additional charge for your own personal or professional use; republishing or redistributing it is not permitted. Settlement dates are shown; FINRA publishes each settlement about nine business days later, so the latest figure can be two to four weeks old. Not presented as a percentage of float. No FINRA endorsement of this product is implied. Not investment advice.

Income statement (as reported)

 FY2025FY2024FY2023FY2022FY2021
Revenue$2.77B$2.27B$2.07B$2.30B$2.50B
Gross profit
Operating income$234.0M$163.0M$125.2M$185.6M$1.25B
Net income$126.2M$85.5M$62.4M$112.5M$978.1M
Diluted EPS$0.68$0.34$0.24$0.45$3.80

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Balance sheet (as reported)

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Cash flow (as reported)

 FY2025FY2024FY2023FY2022FY2021
Operating cash flow$172.0M$-9.9M$-266.0M$1.20B$-48.7M
Capital expenditure$29.4M$31.5M$55.4M$62.2M$19.7M
Free cash flow$142.6M$-41.4M$-321.3M$1.13B$-68.4M

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Quarterly trend (as reported)

QuarterRevenueRevenue YoYNet incomeDiluted EPS
Q2 FY2026$764.3M19.5%$19.7M$0.11
Q1 FY2026$718.1M29.1%$14.4M$0.08
Q4 FY2025$859.5M18.1%$68.0M$0.27
Q3 FY2025$715.0M25.9%$46.2M$0.25
Q2 FY2025$639.6M21.3%$20.8M$0.11
Q1 FY2025$556.2M23.6%$-8.8M$-0.05
Q4 FY2024$727.5M13.6%$69.7M$0.25
Q3 FY2024$568.0M10.7%$17.8M$0.10

Latest 8 reported quarters, from company XBRL filings on SEC EDGAR.

Company facts

ExchangeNasdaq
SectorReal Estate
SIC industryReal Estate Agents & Managers (For Others)
Latest annual periodFY2025 (ended December 31, 2025)
Latest reported quarterQ2 FY2026 (ended June 30, 2026)
Oldest indexed filing2016
SEC CIK1690680

Selected SEC filings

10-K/A2026-04-30
View on EDGAR →
10-K2026-03-02
View on EDGAR →
10-Q2026-08-07
View on EDGAR →
10-Q2026-05-08
View on EDGAR →
10-Q2025-11-10
View on EDGAR →
8-K2026-08-07
View on EDGAR →
8-K2026-07-29
View on EDGAR →
8-K2026-05-22
View on EDGAR →

Largest Real Estate peers

All Real Estate companies →

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Data sourced from SEC EDGAR. Figures are as-reported and may be unaudited or restated; verify against the source filing before relying on them. Informational only. Not investment advice.