Marcus & Millichap reported second-quarter 2026 total revenue of $203 million, an 18% increase from $172 million a year earlier, with all business segments growing for the first time since the market disruption began. Brokerage revenue rose 18% to $167 million on 1,530 transactions and $10 billion in sales volume, while financing revenue climbed 15% to $30 million. Net income was $4 million, or $0.10 per share, compared with a net loss of $11 million in the prior-year quarter, and adjusted EBITDA improved to $12 million from $1.5 million. The company ended the quarter with $345 million in cash and marketable securities, repurchased 913,000 shares for $24 million year to date, and declared a semiannual dividend of $0.25 per share payable on October 6, 2026.
Marcus & Millichap IncQ2 revenue up 18%, net income turned positive, and adjusted EBITDA improved sharply.
