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Newmark Group (NMRK) Revenue & Revenue Breakdown

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Newmark Group Revenue Highlights

Latest Revenue (Y)

$2.47B

Latest Revenue (Q)

$684.80M

Main Segment (Y)

Leasing And Other Commissions

Main Geography (Y)

UNITED STATES

Newmark Group Revenue by Period

Newmark Group Revenue by Year

DateRevenueChange
2023-12-31$2.47B-8.69%
2022-12-31$2.71B-6.91%
2021-12-31$2.91B52.57%
2020-12-31$1.90B-14.12%
2019-12-31$2.22B8.33%
2018-12-31$2.05B28.26%
2017-12-31$1.60B18.26%
2016-12-31$1.35B12.48%
2015-12-31$1.20B-

Newmark Group generated $2.47B in revenue during NA 2023, up -8.69% compared to the previous quarter, and up 120.65% compared to the same period a year ago.

Newmark Group Revenue by Quarter

DateRevenueChange
2024-09-30$684.80M7.93%
2024-06-30$634.50M16.11%
2024-03-31$546.49M-27.49%
2023-12-31$753.66M22.29%
2023-09-30$616.28M5.20%
2023-06-30$585.84M12.49%
2023-03-31$520.80M-14.24%
2022-12-31$607.28M-8.63%
2022-09-30$664.65M-12.01%
2022-06-30$755.35M11.37%
2022-03-31$678.25M-31.11%
2021-12-31$984.47M24.91%
2021-09-30$788.13M25.12%
2021-06-30$629.87M24.98%
2021-03-31$503.98M-16.20%
2020-12-31$601.43M37.97%
2020-09-30$435.92M13.61%
2020-06-30$383.72M-20.71%
2020-03-31$483.93M-23.47%
2019-12-31$632.36M7.80%
2019-09-30$586.63M6.37%
2019-06-30$551.48M23.19%
2019-03-31$447.66M-29.13%
2018-12-31$631.69M21.76%
2018-09-30$518.81M11.18%
2018-06-30$466.62M8.40%
2018-03-31$430.46M-6.54%
2017-12-31$460.60M15.66%
2017-09-30$398.22M-1.69%
2017-06-30$405.07M21.80%
2017-03-31$332.58M-14.19%
2016-12-31$387.59M4.01%
2016-09-30$372.63M-

Newmark Group generated $684.80M in revenue during Q3 2024, up 7.93% compared to the previous quarter, and up 116.89% compared to the same period a year ago.

Newmark Group Revenue Breakdown

Newmark Group Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 23Dec 22Dec 21Dec 20Dec 19
Investment Advice$381.28M$606.42M---
Servicing$82.08M----
Servicing Fees And Other$237.29M----
Mortgage Brokerage And Debt Placement$126.93M$173.25M---
Management Services$733.59M$692.96M---
Leasing And Other Commissions$839.60M$831.87M$826.94M$513.84M$854.78M
Gains From Mortgage Banking Activities Origination Net--$225.48M$310.91M$198.09M
Management Services Servicing Fees And Other--$915.72M$626.14M$624.01M
Capital Markets Commissions--$938.30M$454.11M-
Capital Markets----$541.25M

Newmark Group's latest annual revenue breakdown by segment (product or service), as of Dec 23: Leasing And Other Commissions (34.97%), Management Services (30.56%), Investment Advice (15.88%), Servicing Fees And Other (9.88%), Mortgage Brokerage And Debt Placement (5.29%), and Servicing (3.42%).

Quarterly Revenue by Product

Product/ServiceSep 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Mar 19
Management Services$211.98M$193.44M$362.55M$192.88M$178.16M$162.10M$162.74M$163.83M$181.33M$185.06M$98.09M---------
Leasing And Other Commissions$214.58M$158.80M$239.41M$203.27M$203.61M$193.31M$200.19M$219.90M$212.82M$198.95M$263.63M$231.53M$184.35M$147.43M$138.38M$114.95M$120.08M$140.44M$251.69M$172.47M
Investment Advice$99.22M$70.82M$136.97M$94.71M$77.60M$71.99M$113.52M-------------
Servicing$26.22M$16.14M$38.04M$21.00M$23.05M---------------
Servicing Fees And Other$70.65M$63.50M$113.92M$60.87M$62.50M---------------
Mortgage Brokerage And Debt Placement$42.20M$27.10M$83.13M$24.48M$19.33M$17.15M$34.85M$41.79M$50.33M$46.29M----------
Investment Sales-------$131.73M$209.05M$152.11M----------
Capital Markets Commissions----------$380.05M$252.09M$184.76M$121.40M$190.27M$82.96M$52.96M$127.92M--
Management Services Servicing Fees And Other----------$263.99M$244.47M$219.51M$187.75M$172.55M$146.83M$141.61M$165.15M--
Gains From Mortgage Banking Activities Origination Net----------$76.80M$60.03M$41.26M$47.39M$100.23M$91.19M$69.07M$50.42M--
Capital Markets-------------------$102.80M

Newmark Group's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: Leasing And Other Commissions (32.28%), Management Services (31.88%), Investment Advice (14.92%), Servicing Fees And Other (10.63%), Mortgage Brokerage And Debt Placement (6.35%), and Servicing (3.94%).

Newmark Group Revenue Breakdown by Country

Annual Revenue by Country

CountryDec 23
UNITED STATES$2.16B
Other Geographical Areas$154.90M

Newmark Group's latest annual revenue breakdown by geography, as of Dec 23: UNITED STATES (93.31%), and Other Geographical Areas (6.69%).

Quarterly Revenue by Country

CountrySep 24Mar 24Dec 23Sep 23
UNITED STATES$594.14M$461.46M$1.63B$531.81M
Other Geographical Areas$40.77M$34.66M$116.25M$38.65M

Newmark Group's latest quarterly revenue breakdown by geography, as of Sep 24: UNITED STATES (93.58%), and Other Geographical Areas (6.42%).

Newmark Group Peer Comparison by Revenue

TickerCompanyLast Year RevenueLast Quarter Revenue
CBRECBRE Group$31.95B$9.04B
JLLJones Lang LaSalle$20.76B$5.63B
CWKCushman & Wakefield$9.49B$2.34B
HOUSAnywhere Real Estate$5.64B$1.67B
CIGIColliers Group$4.41B$997.50M
FSVFirstService$4.41B$1.15B
NMRKNewmark Group$2.47B$684.80M
CSGPCoStar Group$2.46B$692.60M
MMIMarcus & Millichap$645.93M$168.51M
RMAXRE/MAX$325.67M$81.27M
TCITranscontinental Realty Investors$49.91M$11.77M
FRPHFRP$41.51M$10.63M
MAYSJ.W. Mays$21.59M$5.54M

NMRK Revenue FAQ

What is Newmark Group’s yearly revenue?

Newmark Group's yearly revenue for 2023 was $2.47B, representing a decrease of -8.69% compared to 2022. The company's yearly revenue for 2022 was $2.71B, representing a decrease of -6.91% compared to 2021. NMRK's yearly revenue for 2021 was $2.91B, representing an increase of 52.57% compared to 2020.

What is Newmark Group’s quarterly revenue?

Newmark Group's quarterly revenue for Q3 2024 was $684.8M, a 7.93% increase from the previous quarter (Q2 2024), and a 11.12% increase year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $634.5M, a 16.11% increase from the previous quarter (Q1 2024), and a 8.31% increase year-over-year (Q2 2023). NMRK's quarterly revenue for Q1 2024 was $546.48M, a -27.49% decrease from the previous quarter (Q4 2023), and a 4.93% increase year-over-year (Q1 2023).

What is Newmark Group’s revenue growth rate?

Newmark Group's revenue growth rate for the last 3 years (2021-2023) was -15.00%, and for the last 5 years (2019-2023) was 11.37%.

What are Newmark Group’s revenue streams?

Newmark Group's revenue streams in c 23 are Investment Advice, Servicing, Servicing Fees And Other, Mortgage Brokerage And Debt Placement, Management Services, and Leasing And Other Commissions. Investment Advice generated $381.28M in revenue, accounting 15.88% of the company's total revenue, down -37.13% year-over-year. Servicing generated $82.08M in revenue, accounting 3.42% of the company's total revenue Servicing Fees And Other generated $237.29M in revenue, accounting 9.88% of the company's total revenue Mortgage Brokerage And Debt Placement generated $126.93M in revenue, accounting 5.29% of the company's total revenue, down -26.73% year-over-year. Management Services generated $733.58M in revenue, accounting 30.56% of the company's total revenue, up 5.86% year-over-year. Leasing And Other Commissions generated $839.6M in revenue, accounting 34.97% of the company's total revenue, up 0.93% year-over-year.

What is Newmark Group’s main source of revenue?

For the fiscal year ending Dec 23, the largest source of revenue of Newmark Group was Leasing And Other Commissions. This segment made a revenue of $839.6M, representing 34.97% of the company's total revenue.