Marcus & Millichap, Inc. delivered solid fourth quarter results with total revenue increasing by 1.6% to $244.0 million and net income rising by 56.8% to $13.3 million. Diluted EPS for the quarter was $0.34, up from $0.22 in the prior year. The company also reported a full-year revenue increase of 8.5% to $755.2 million, despite a net loss of $1.9 million for the full year.
Fourth quarter 2025 total revenue increased by 1.6% to $244.0 million compared to $240.1 million in Q4 2024.
Diluted EPS for Q4 2025 was $0.34, a 57.0% increase from $0.22 in Q4 2024.
Adjusted EBITDA for Q4 2025 grew by 38.7% to $25.0 million, up from $18.0 million in Q4 2024.
Full year 2025 total revenue reached $755.2 million, an 8.5% increase from $696.1 million in 2024.
The Company believes the commercial real estate transaction market is poised to overcome near-term challenges and return to long-term growth, supported by strengthening market fundamentals and improving investor sentiment.
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