# Marcus & Millichap (MMI) — Earnings

MMI · NYSE · Stock

Canonical page: https://www.lighthorse.io/tickers/mmi/earnings

## Most recent quarter

| Metric | Value |
| --- | --- |
| Fiscal period | Q2 2026 |
| Period end | Jun 30, 2026 |
| EPS actual | $0.10 |
| EPS estimate | $0.03 |
| EPS surprise | +233.33% |
| Revenue surprise | +4.43% |
| Revenue | $202.9M |
| Revenue estimate | $194.3M |
| Reported | Aug 6, 2026 |
| SEC filing | [View filing](https://www.sec.gov:443/Archives/edgar/data/1578732/000162828026054439/mmi-20260630.htm) |
| Earnings call | [Transcript](http://o.thsi.cn/dc-d-stock-america.teleconference/2a6e9f01-dd39-7a61-b7ec-948052eac31f.html) |

Marcus & Millichap reported Q2 2026 results on August 6, 2026. Earnings per share were $0.10, against a $0.03 estimate, a beat of 233.33%. Revenue was $202.9 million, 4.43% above the $194.3 million consensus. A year earlier, in Q2 2025, the company lost $0.28 per share on revenue of $172.3 million, so sales rose about 18% year over year and the quarter turned from a loss to a profit.

The table shows a sharp drop after 2022 and a slow recovery. Annual EPS was $2.58 in 2022 on revenue of $1.30 billion. In 2023 the company lost $0.89 per share as revenue roughly halved to $645.9 million. The loss narrowed to $0.32 in 2024 and $0.04 in 2025, while revenue grew to $696.1 million and then $755.1 million. Q4 2021 holds the highs here, at $1.53 per share and $495.1 million. Over the last 20 quarters, results topped the EPS estimate 16 times and fell short twice.

Third-quarter results came out between November 3 and November 8 in each of the past five years. That points to early November 2026 for the next report. It will show whether the year-over-year revenue growth seen in the first half of 2026 continues.

## Earnings history

| Fiscal period | Report date | EPS estimate | EPS actual | Surprise | Revenue estimate | Revenue actual |
| --- | --- | --- | --- | --- | --- | --- |
| Q2 2026 | Aug 6, 2026 | $0.03 | $0.10 | 233.33% | $194.3M | $202.9M |
| Q1 2026 | May 7, 2026 | −$0.08 | −$0.08 | 0.00% | $162.2M | $171.5M |
| Q4 2025 | Feb 13, 2026 | $0.22 | $0.34 | 58.14% | $229.4M | $243.9M |
| Q3 2025 | Nov 7, 2025 | $0.01 | $0.01 | 100.00% | $193.8M | $193.9M |
| Q2 2025 | Aug 7, 2025 | −$0.10 | −$0.28 | -194.74% | $163.6M | $172.3M |
| Q1 2025 | May 7, 2025 | −$0.16 | −$0.11 | 31.25% | $140.2M | $145.0M |
| Q4 2024 | Feb 14, 2025 | −$0.02 | $0.22 | 1200.00% | $199.8M | $240.1M |
| Q3 2024 | Nov 8, 2024 | −$0.19 | −$0.14 | 26.32% | $160.9M | $168.5M |
| Q2 2024 | Aug 7, 2024 | −$0.15 | −$0.14 | 6.67% | $160.7M | $158.4M |
| Q1 2024 | May 8, 2024 | −$0.28 | −$0.26 | 7.14% | $127.5M | $129.1M |
| Q4 2023 | Feb 16, 2024 | −$0.28 | −$0.27 | 3.57% | $171.2M | $166.2M |
| Q3 2023 | Nov 3, 2023 | −$0.26 | −$0.24 | 7.69% | $164.8M | $162.0M |
| Q2 2023 | Aug 4, 2023 | −$0.23 | −$0.23 | 0.00% | $151.5M | $162.9M |
| Q1 2023 | May 5, 2023 | −$0.17 | −$0.15 | 11.76% | $155.7M | $154.8M |
| Q4 2022 | Feb 17, 2023 | $0.19 | $0.20 | 6.67% | $260.7M | $262.4M |
| Q3 2022 | Nov 4, 2022 | $0.55 | $0.53 | -3.64% | $335.0M | $323.8M |
| Q2 2022 | Aug 5, 2022 | $0.84 | $1.04 | 23.81% | $341.3M | $396.0M |
| Q1 2022 | May 6, 2022 | $0.72 | $0.81 | 12.50% | $317.8M | $319.5M |
| Q4 2021 | Feb 18, 2022 | $0.96 | $1.53 | 59.38% | $370.8M | $495.1M |
| Q3 2021 | Nov 5, 2021 | $0.47 | $0.84 | 78.72% | $244.7M | $332.4M |

## Frequently Asked Questions

### When did Marcus & Millichap (MMI) last report earnings?

Marcus & Millichap last reported on Aug 6, 2026, covering fiscal Q2 2026.

### Did MMI beat earnings estimates?

Yes. Marcus & Millichap reported EPS of $0.10 for Q2 2026 against a $0.03 estimate — a 233.33% beat.

### How much revenue did MMI report last quarter?

Marcus & Millichap reported $202.9M in revenue for Q2 2026, against a consensus estimate of $194.3M.

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Earnings figures may be restated, revised or corrected by the issuer. Past results do not indicate future performance.

This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.

Data provided by [AInvest](https://www.ainvest.com).