Newmark Group (NMRK) Revenue & Revenue Breakdown
Newmark Group Revenue Highlights
Latest Revenue (Y)
$2.47B
Latest Revenue (Q)
$639.01M
Main Segment (Y)
Leasing And Other Commissions
Main Geography (Y)
UNITED STATES
Newmark Group Revenue by Period
Newmark Group Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $2.47B | -8.69% |
| 2022-12-31 | $2.71B | -6.91% |
| 2021-12-31 | $2.91B | 52.57% |
| 2020-12-31 | $1.90B | -14.12% |
| 2019-12-31 | $2.22B | 8.33% |
| 2018-12-31 | $2.05B | 28.26% |
| 2017-12-31 | $1.60B | 18.26% |
| 2016-12-31 | $1.35B | 12.48% |
| 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
| Date | Revenue | Change |
|---|---|---|
| 2024-06-30 | $639.01M | 16.93% |
| 2024-03-31 | $546.49M | -27.49% |
| 2023-12-31 | $753.66M | 22.29% |
| 2023-09-30 | $616.28M | 5.20% |
| 2023-06-30 | $585.84M | 12.49% |
| 2023-03-31 | $520.80M | -14.24% |
| 2022-12-31 | $607.28M | -8.63% |
| 2022-09-30 | $664.65M | -12.01% |
| 2022-06-30 | $755.35M | 11.37% |
| 2022-03-31 | $678.25M | -31.11% |
| 2021-12-31 | $984.47M | 24.91% |
| 2021-09-30 | $788.13M | 25.12% |
| 2021-06-30 | $629.87M | 24.98% |
| 2021-03-31 | $503.98M | -16.20% |
| 2020-12-31 | $601.43M | 37.97% |
| 2020-09-30 | $435.92M | 13.61% |
| 2020-06-30 | $383.72M | -20.71% |
| 2020-03-31 | $483.93M | -23.47% |
| 2019-12-31 | $632.36M | 7.80% |
| 2019-09-30 | $586.63M | 6.37% |
| 2019-06-30 | $551.48M | 23.19% |
| 2019-03-31 | $447.66M | -29.13% |
| 2018-12-31 | $631.69M | 21.76% |
| 2018-09-30 | $518.81M | 11.18% |
| 2018-06-30 | $466.62M | 8.40% |
| 2018-03-31 | $430.46M | -6.54% |
| 2017-12-31 | $460.60M | 15.66% |
| 2017-09-30 | $398.22M | -1.69% |
| 2017-06-30 | $405.07M | 21.80% |
| 2017-03-31 | $332.58M | -14.19% |
| 2016-12-31 | $387.59M | 4.01% |
| 2016-09-30 | $372.63M | - |
Newmark Group generated $639.01M in revenue during Q2 2024, up 16.93% compared to the previous quarter, and up 122.70% compared to the same period a year ago.
Newmark Group Revenue Breakdown
Newmark Group Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Dec 23 | Dec 22 | Dec 21 | Dec 20 | Dec 19 |
|---|---|---|---|---|---|
| Servicing Fees And Other | $237.29M | - | - | - | - |
| Servicing | $82.08M | - | - | - | - |
| Investment Advice | $381.28M | $606.42M | - | - | - |
| Leasing And Other Commissions | $839.60M | $831.87M | $826.94M | $513.84M | $854.78M |
| Management Services | $733.59M | $692.96M | - | - | - |
| Mortgage Brokerage And Debt Placement | $126.93M | $173.25M | - | - | - |
| Management Services Servicing Fees And Other | - | - | $915.72M | $626.14M | $624.01M |
| Capital Markets Commissions | - | - | $938.30M | $454.11M | - |
| Gains From Mortgage Banking Activities Origination Net | - | - | $225.48M | $310.91M | $198.09M |
| 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/Service | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Mar 19 | Dec 18 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Mortgage Brokerage And Debt Placement | $27.10M | $83.13M | $24.48M | $19.33M | $17.15M | $34.85M | $41.79M | $50.33M | $46.29M | - | - | - | - | - | - | - | - | - | - | - |
| Management Services | $193.44M | $362.55M | $192.88M | $178.16M | $162.10M | $162.74M | $163.83M | $181.33M | $185.06M | $98.09M | - | - | - | - | - | - | - | - | - | - |
| Leasing And Other Commissions | $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 | $276.02M |
| Investment Advice | $70.82M | $136.97M | $94.71M | $77.60M | $71.99M | $113.52M | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Servicing | $16.14M | $38.04M | $21.00M | $23.05M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Servicing Fees And Other | $63.50M | $113.92M | $60.87M | $62.50M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Investment Sales | - | - | - | - | - | - | $131.73M | $209.05M | $152.11M | - | - | - | - | - | - | - | - | - | - | - |
| Gains From Mortgage Banking Activities Origination Net | - | - | - | - | - | - | - | - | - | $76.80M | $60.03M | $41.26M | $47.39M | $100.23M | $91.19M | $69.07M | $50.42M | $49.50M | - | - |
| 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 | $155.76M | - | - |
| Capital Markets | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $102.80M | $150.41M |
Newmark Group's latest quarterly revenue breakdown by segment (product or service), as of Mar 24: Management Services (36.51%), Leasing And Other Commissions (29.97%), Investment Advice (13.37%), Servicing Fees And Other (11.99%), Mortgage Brokerage And Debt Placement (5.12%), and Servicing (3.05%).
Newmark Group Revenue Breakdown by Country
Annual Revenue by Country
| Country | Dec 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
| Country | Mar 24 | Dec 23 | Sep 23 |
|---|---|---|---|
| Other Geographical Areas | $34.66M | $116.25M | $38.65M |
| UNITED STATES | $461.46M | $1.63B | $531.81M |
Newmark Group's latest quarterly revenue breakdown by geography, as of Mar 24: UNITED STATES (93.01%), and Other Geographical Areas (6.99%).
Newmark Group Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| CBRE | CBRE Group | $31.95B | $8.39B |
| JLL | Jones Lang LaSalle | $20.76B | $5.63B |
| CWK | Cushman & Wakefield | $9.49B | $2.29B |
| HOUS | Anywhere Real Estate | $5.64B | $1.67B |
| CIGI | Colliers Group | $4.41B | $997.50M |
| FSV | FirstService | $4.41B | $1.15B |
| NMRK | Newmark Group | $2.47B | $639.01M |
| CSGP | CoStar Group | $2.46B | $677.80M |
| MMI | Marcus & Millichap | $645.93M | $129.10M |
| RMAX | RE/MAX | $325.67M | $81.27M |
| TCI | Transcontinental Realty Investors | $49.91M | $11.90M |
| FRPH | FRP | $41.51M | $10.13M |
| MAYS | J.W. Mays | - | $5.36M |
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 Q2 2024 was $639.01M, a 16.93% increase from the previous quarter (Q1 2024), and a 9.08% increase year-over-year (Q2 2023). The company'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). NMRK's quarterly revenue for Q4 2023 was $753.66M, a 22.29% increase from the previous quarter (Q3 2023), and a 24.10% increase year-over-year (Q4 2022).
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 Servicing Fees And Other, Servicing, Investment Advice, Leasing And Other Commissions, Management Services, and Mortgage Brokerage And Debt Placement. Servicing Fees And Other generated $237.29M in revenue, accounting 9.88% of the company's total revenue Servicing generated $82.08M in revenue, accounting 3.42% of the company's total revenue Investment Advice generated $381.28M in revenue, accounting 15.88% of the company's total revenue, down -37.13% 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. Management Services generated $733.58M in revenue, accounting 30.56% of the company's total revenue, up 5.86% year-over-year. 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.
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.