Welcome to our dedicated page for Marcus & Millichap SEC filings (Ticker: MMI), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Marcus & Millichap filings document a NYSE-listed commercial real estate services company whose revenue is generated through investment brokerage commissions, financing fees, and related research, advisory and consulting services. Form 8-K reports furnish quarterly and annual operating results, including brokerage revenue categories, financing fees, net income or loss, and adjusted EBITDA measures disclosed with earnings releases.
Proxy and shareholder-vote filings cover board elections, independent auditor ratification, annual meeting procedures and governance matters. The filing record also identifies the company's common stock, par value $0.0001 per share, traded under MMI on the New York Stock Exchange.
Marcus & Millichap, Inc. (MMI) reported that Chief Executive Officer and director Hessam Nadji made a bona fide gift of 945 shares of common stock on 2026-08-14. The shares were transferred at a reported price of $0.00 per share. Following this gift, he directly holds 299,982 shares of MMI common stock. An additional 480 shares are reported as held indirectly by his adult son residing in his household, with Nadji disclaiming beneficial ownership of those indirect shares.
Marcus & Millichap, Inc. executive John David Parker reported the settlement of 2,808 Restricted Stock Units into an equal number of shares of Common Stock on August 10, 2026. In connection with this vesting, 1,434 shares of Common Stock were withheld at $30.67 per share to satisfy withholding tax liabilities, with the remaining shares retained. The RSUs are described as vesting in five equal annual installments beginning August 10, 2026, and the filing indicates the transactions were not executed under a Rule 10b5-1 trading plan.
Marcus & Millichap, Inc. EVP and CFO Steven F. DeGennaro reported an equity compensation transaction. On August 10, 2026, he exercised 1,500 restricted stock units, receiving the same number of shares of common stock. In connection with this vesting, 761 shares of common stock were withheld by the company to pay withholding tax liability, based on the $30.67 closing sale price on that date. The exercised restricted stock units now show zero remaining units, and a footnote states that his holdings include 880 shares purchased under the Employee Stock Purchase Plan.
Schroder Investment Management Group reported beneficial ownership of common stock of Marcus & Millichap Inc. The group disclosed holding 2,285,406 shares, representing 6.0% of the outstanding common shares. Within this, it has sole voting and dispositive power over 362,413 shares and no shared voting or dispositive power.
Affiliated entities reported portions of this position: Schroder Investment Management Limited referenced 1,072,897 shares (2.8% of the class), Schroder Investment Management (Europe) S.A. referenced 1,211,972 shares (3.2%), and Schroder Investment Management North America Inc. referenced 537 shares. The filing identifies Schroder Investment Management Group as organized in the United Kingdom and lists its London office as the principal business address.
Marcus & Millichap reported stronger results for the quarter ended June 30, 2026. Total revenue rose to $202,915 thousand from $172,276 thousand a year earlier, driven mainly by higher real estate brokerage commissions and financing fees. Net income swung to $3,909 thousand from a loss of $11,035 thousand, with diluted EPS of $0.10.
For the first half of 2026, revenue reached $374,382 thousand and net income was $809 thousand. Operating cash flow was an outflow of $5,393 thousand, a notable improvement from $31,821 thousand used a year earlier. Cash, cash equivalents and restricted cash were $153,516 thousand, supplemented by $191,695 thousand of available-for-sale marketable debt securities with a weighted-average A+ credit rating and a net unrealized loss of about $1.8 million.
The company remained debt-free under its $10 million revolving credit facility, continued capital returns with 912,957 shares repurchased for $23.9 million year-to-date and dividends of $9,898 thousand, and later declared a $0.25 per share dividend payable October 6, 2026. It also recorded a litigation accrual of $4 million related to the MO Murrayfield/TwinRock matter, with a reasonably possible loss range up to approximately $24.1 million.
Marcus & Millichap, Inc. reported preliminary second quarter 2026 results showing a return to profitability. Total revenue rose 17.8% to $202.9 million, driven by real estate brokerage commissions of $167.0 million and financing fees of $30.3 million. Net income was $3.9 million, or $0.10 per diluted share, compared with an $11.0 million net loss a year earlier. Adjusted EBITDA increased to $12.1 million from $1.5 million as operating income improved despite higher cost of services.
For the first six months of 2026, revenue grew to $374.4 million, up 18.0%, with net income of $0.8 million versus a $15.5 million net loss in 2025, and Adjusted EBITDA of $15.1 million versus a negative $7.3 million. Second-quarter total sales volume reached $14.1 billion across 2,306 transactions. The company highlighted a strong capital position, declared a $0.25 per-share semi-annual dividend, and repurchased 912,957 shares for $23.9 million, leaving $90.1 million authorized for additional buybacks while it navigates a still-challenging commercial real estate environment.
Marcus & Millichap, Inc. Chief Executive Officer Hessam Nadji reported small changes in his holdings of the company’s common stock. He made bona fide gifts totaling 5,000 shares on 2026-06-10, including 4,500 shares from his direct holdings and 500 shares to his adult son.
On 2026-06-11, 500 shares held in his adult son’s account were sold in an open-market transaction at $30.385 per share, leaving 480 shares in that account. Footnotes state Nadji disclaims beneficial ownership of the shares held by his son. Following the direct gift, Nadji continued to hold 300,927 shares directly.
Robert G. Nadji submitted a Form 144 notice proposing the sale of 500 shares of Common Stock tied to a Restricted Stock Vesting event dated 03/10/2023. The filing also reports 1,300 shares sold during the past three months on 03/13/2026.
The sales are reported through Fidelity Brokerage Services LLC on the NYSE. The filing lists dollar figures adjacent to each row but does not specify proceeds recipient beyond the labeled issuer/compensation context.
Marcus & Millichap EVP & COO John David Parker settled 2,000 Restricted Stock Units, converting them into 2,000 shares of common stock on May 8, 2026. The RSUs had a $0.00 exercise price and an expiration date of May 4, 2031.
To satisfy withholding tax liabilities, 1,021 shares of common stock were withheld by the company at $30.4200 per share. After these transactions, Parker directly holds 41,462 shares of Marcus & Millichap common stock.
Marcus & Millichap, Inc. reported Q1 2026 revenue of $171.5M, up from $145.0M a year earlier, driven mainly by higher real estate brokerage commissions and financing fees. Net loss narrowed to $3.1M, or $0.08 per share, compared with a $4.4M loss.
Operating cash flow was a use of $27.6M, while cash, cash equivalents and restricted cash totaled $136.5M and marketable debt securities were $198.0M as of March 31, 2026. The company repurchased 895,532 shares for $23.5M and declared a $0.25 per‑share dividend. It also recorded a $4.0M accrual related to a Missouri litigation judgment, with a disclosed reasonably possible loss range up to about $24.1M, pending appeals.