Company Analysis

Marcus & Millichap (MMI)

NYSE: MMI · Real Estate Agents & Managers (For Others) · Calabasas, CA · filing with the SEC since 2013
Grade6.0
◀ Past 6.7● Present 6.1▶ Future 5.2

Income statement, as filed

In thousands of US dollars (USD), as filed; per-share figures in US dollars; share counts in thousands. The fiscal year ends in December.
Income statement, by fiscal year, newest first
Fiscal yearFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Period endingDec 31, 2025Dec 31, 2024Dec 31, 2023Dec 31, 2022Dec 31, 2021Dec 31, 2020Dec 31, 2019Dec 31, 2018Dec 31, 2017Dec 31, 2016
Report filedFeb 26, 2026Feb 27, 2025Feb 27, 2024Feb 28, 2023Mar 1, 2022Mar 1, 2021Mar 2, 2020Mar 1, 2019Mar 16, 2018Mar 16, 2017
Revenue755,156696,060645,9271,301,7101,296,440716,906806,428814,816719,700717,450
Cost of revenue·······502,883446,557444,768
Selling, general and administrative286,283280,909285,023300,009255,154204,514203,110193,349171,648161,794
Total operating expenses768,867728,969705,2951,164,3091,107,084663,292710,005702,529623,568610,949
Operating income-13,711-32,909-59,368137,401189,35653,61496,423112,28796,132106,501
Interest expense7738128887085809001,3881,4001,4961,533
Total non-operating income (expense)17,50420,69319,8555,3364,5276,65012,4776,3334,5902,134
Income before income taxes3,020-13,028-40,401142,029193,30359,364107,512117,22099,226107,102
Income tax expense4,929-666-6,36637,80450,83316,52630,58229,96347,70242,445
Net income including non-controlling interests-1,909-12,362-34,035104,225142,47042,83876,93087,25751,52464,657
Net income-1,909-12,362-34,035104,225142,47042,83876,93087,25751,52464,657
Net income to common shareholders-1,913-12,331-33,970104,188142,49742,83576,93087,257··
Earnings per share, basic-0.05-0.32-0.882.613.571.081.952.231.321.66
Earnings per share, diluted-0.05-0.32-0.882.593.551.081.952.221.321.66
Weighted average shares, basic38,94338,67838,65939,89339,88839,64239,40439,14938,98838,899
Weighted average shares, diluted38,94338,67838,65940,18640,18739,73539,54839,38339,10039,035
As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.A dot is a line not tagged for that period. r restated by the company in a later report; b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.
What each line is, and the XBRL concept behind it
Revenue what customers paid for what it soldus-gaap:RevenueFromContractWithCustomerExcludingAssessedTax
us-gaap:Revenues
Cost of revenue what it cost to make or buy what it soldus-gaap:CostOfGoodsAndServicesSold
us-gaap:CostOfServices
Selling, general and administrative the cost of selling and of running the companyus-gaap:SellingGeneralAndAdministrativeExpense
Total operating expenses the running costs togetherus-gaap:OperatingExpenses
Operating income profit from running the business, before interest and taxus-gaap:OperatingIncomeLoss
Interest expense what its borrowing costus-gaap:InterestExpenseNonoperating
us-gaap:InterestExpense
Total non-operating income (expense) everything outside the business, togetherus-gaap:NonoperatingIncomeExpense
Income before income taxes profit before taxus-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
Income tax expense tax charged on the period's profitus-gaap:IncomeTaxExpenseBenefit
Net income including non-controlling interests the whole group's profit, minority holders' share includedus-gaap:ProfitLoss
Net income the profit or loss that belongs to the company's shareholdersus-gaap:NetIncomeLoss
Net income to common shareholders what is left for common shareholdersus-gaap:NetIncomeLossAvailableToCommonStockholdersBasic
Earnings per share, basic net income per share outstandingus-gaap:EarningsPerShareBasic
Earnings per share, diluted net income per share, counting every share that could be issuedus-gaap:EarningsPerShareDiluted
Weighted average shares, basic the average count of shares outstandingus-gaap:WeightedAverageNumberOfSharesOutstandingBasic
Weighted average shares, diluted the average count with every share that could be issuedus-gaap:WeightedAverageNumberOfDilutedSharesOutstanding
SI Assistanton MMI · research, not advice