# Marcus & Millichap, Inc. (MMI)

> Cited company facts from SEC filings, by Steadybase. Web page: https://steadybase.io/company/marcus-and-millichap-inc/ JSON: https://steadybase.io/company/marcus-and-millichap-inc.json Checked Nov 10, 2026. Latest filing read: Nov 6, 2026.

## Company

- Legal name: Marcus & Millichap, Inc.
- Ticker: MMI (NYSE)
- SEC CIK: 0001578732
- Industry: Real Estate Agents & Managers (For Others) (SIC 6531)
- Headquarters: Calabasas, CA
- Fiscal year ends: December 31
- SEC filer category: Large accelerated filer
- Website: marcusmillichap.com
- LinkedIn: https://www.linkedin.com/company/marcus--millichap
- Next earnings date: Nov 6, 2026

## Key facts

- Revenue: $755.2M for the fiscal year ended Dec 31, 2025 (10-K filed Feb 26, 2026). Source: https://www.sec.gov/Archives/edgar/data/1578732/000162828026012419/0001628280-26-012419-index.html
- Operating income: -$13.7M for the fiscal year ended Dec 31, 2025 (10-K filed Feb 26, 2026). Source: https://www.sec.gov/Archives/edgar/data/1578732/000162828026012419/0001628280-26-012419-index.html
- Net income: -$1.9M for the fiscal year ended Dec 31, 2025 (10-K filed Feb 26, 2026). Source: https://www.sec.gov/Archives/edgar/data/1578732/000162828026012419/0001628280-26-012419-index.html
- SG&A: $286.3M for the fiscal year ended Dec 31, 2025 (10-K filed Feb 26, 2026). Source: https://www.sec.gov/Archives/edgar/data/1578732/000162828026012419/0001628280-26-012419-index.html
- Employees: 854 as of Dec 31, 2025, as reported in an SEC filing. Source: https://www.sec.gov/Archives/edgar/data/1578732/000162828026012419/mmi-20251231.htm
- Shares outstanding: 37,951,698 as of Nov 3, 2026 (10-Q filed Nov 6, 2026). Source: https://www.sec.gov/Archives/edgar/data/1578732/000162828026071782/0001628280-26-071782-index.html
- Auditor: Ernst & Young LLP, Los Angeles, California, named in the latest 10-K. Source: https://www.sec.gov/Archives/edgar/data/1578732/000162828026012419/mmi-20251231.htm

## Business

Marcus & Millichap, Inc. (“MMI”) is a leading national real estate services firm specializing in commercial real estate investment sales, financing services, research and advisory services. We are the leading national investment brokerage company in the $1 million to $10 million private client market.S. commercial property transactions greater than $1 million in the marketplace.

Source: Item 1. Business, https://www.sec.gov/Archives/edgar/data/1578732/000162828026012419/mmi-20251231.htm

## Annual results

| Fiscal year ended | Revenue | Operating income | Net income | SG&A |
|---|---|---|---|---|
| Dec 31, 2025 | $755.2M | -$13.7M | -$1.9M | $286.3M |
| Dec 31, 2024 | $696.1M | -$32.9M | -$12.4M | $280.9M |
| Dec 31, 2023 | $645.9M | -$59.4M | -$34.0M | $285.0M |
| Dec 31, 2022 | $1.3B | $137.4M | $104.2M | $300.0M |
| Dec 31, 2021 | $1.3B | $189.4M | $142.5M | $255.2M |

Each figure comes from the annual report for that year. Filing links for every figure: https://steadybase.io/company/marcus-and-millichap-inc.json

## Officers and directors

- Hessam Nadji, Chief Executive Officer. LinkedIn: https://linkedin.com/in/hessam-nadji. Source: Form 4 filed Sep 15, 2026, https://www.sec.gov/Archives/edgar/data/1578732/000119312526391572/0001193125-26-391572-index.htm
- Steven F. DeGennaro, EVP and CFO. LinkedIn: https://linkedin.com/in/steve-degennaro-935186bb. Source: Form 4 filed Aug 12, 2026, https://www.sec.gov/Archives/edgar/data/1578732/000119312526347174/0001193125-26-347174-index.htm
- John David Parker, EVP & COO. Source: Form 4 filed Aug 12, 2026, https://www.sec.gov/Archives/edgar/data/1578732/000119312526347188/0001193125-26-347188-index.htm
- Bosschere Fabrice De, Chief Accounting Officer. Source: Form 4 filed May 6, 2026, https://www.sec.gov/Archives/edgar/data/1578732/000206340426000007/0002063404-26-000007-index.htm
- Gregory A. LaBerge, SVP & Chief Client Officer. Source: Form 4 filed Mar 12, 2026, https://www.sec.gov/Archives/edgar/data/1578732/000177628326000002/0001776283-26-000002-index.htm
- Collete English Dixon, Board member (per proxy). Source: DEF 14A filed Mar 18, 2026, https://www.sec.gov/Archives/edgar/data/1578732/000119312526113930/d94228ddef14a.htm
- Don C. Watters, Board member (per proxy). Source: DEF 14A filed Mar 18, 2026, https://www.sec.gov/Archives/edgar/data/1578732/000119312526113930/d94228ddef14a.htm
- George M. Marcus, Board member (per proxy). Source: DEF 14A filed Mar 18, 2026, https://www.sec.gov/Archives/edgar/data/1578732/000119312526113930/d94228ddef14a.htm
- George T. Shaheen, Board member (per proxy). Source: DEF 14A filed Mar 18, 2026, https://www.sec.gov/Archives/edgar/data/1578732/000119312526113930/d94228ddef14a.htm
- Lauralee E. Martin, Board member (per proxy). Source: DEF 14A filed Mar 18, 2026, https://www.sec.gov/Archives/edgar/data/1578732/000119312526113930/d94228ddef14a.htm
- Nicholas F. McClanahan, Board member (per proxy). Source: DEF 14A filed Mar 18, 2026, https://www.sec.gov/Archives/edgar/data/1578732/000119312526113930/d94228ddef14a.htm
- Norma J. Lawrence, Board member (per proxy). Source: DEF 14A filed Mar 18, 2026, https://www.sec.gov/Archives/edgar/data/1578732/000119312526113930/d94228ddef14a.htm

## Recent 8-K events

- Nov 6, 2026: Item 2.02, Results of operations and financial condition (earnings release); Item 9.01, Financial statements and exhibits. Source: https://www.sec.gov/Archives/edgar/data/1578732/000162828026071270/mmi-20261105.htm
- Aug 6, 2026: Item 2.02, Results of operations and financial condition (earnings release); Item 9.01, Financial statements and exhibits. Source: https://www.sec.gov/Archives/edgar/data/1578732/000162828026053748/mmi-20260806.htm
- May 7, 2026: Item 2.02, Results of operations and financial condition (earnings release); Item 9.01, Financial statements and exhibits. Source: https://www.sec.gov/Archives/edgar/data/1578732/000162828026031593/mmi-20260507.htm
- May 1, 2026: Item 5.07, Submission of matters to a vote of security holders. Source: https://www.sec.gov/Archives/edgar/data/1578732/000119312526201642/d38403d8k.htm
- Feb 13, 2026: Item 2.02, Results of operations and financial condition (earnings release); Item 9.01, Financial statements and exhibits. Source: https://www.sec.gov/Archives/edgar/data/1578732/000162828026007874/mmi-20260213.htm
- Nov 7, 2025: Item 2.02, Results of operations and financial condition (earnings release); Item 9.01, Financial statements and exhibits. Source: https://www.sec.gov/Archives/edgar/data/1578732/000162828025050398/mmi-20251107.htm
- Aug 7, 2025: Item 2.02, Results of operations and financial condition (earnings release); Item 9.01, Financial statements and exhibits. Source: https://www.sec.gov/Archives/edgar/data/1578732/000157873225000037/mmi-20250807.htm
- Jun 9, 2025: Item 5.02, Departure or appointment of directors or officers; compensation; Item 9.01, Financial statements and exhibits. Source: https://www.sec.gov/Archives/edgar/data/1578732/000119312525137858/d933419d8k.htm
- May 7, 2025: Item 2.02, Results of operations and financial condition (earnings release); Item 5.07, Submission of matters to a vote of security holders; Item 9.01, Financial statements and exhibits. Source: https://www.sec.gov/Archives/edgar/data/1578732/000157873225000027/mmi-20250501.htm
- Apr 30, 2025: Item 5.02, Departure or appointment of directors or officers; compensation. Source: https://www.sec.gov/Archives/edgar/data/1578732/000119312525107608/d947208d8k.htm

## Insider trades (Form 4)

- Jun 11, 2026: Hessam Nadji (Chief Executive Officer) sold 500 shares, about $15,195. Source: https://www.sec.gov/Archives/edgar/data/1578732/000119312526269600/0001193125-26-269600-index.htm
- Mar 13, 2026: Hessam Nadji (Chief Executive Officer) sold 1,300 shares, about $33,280. Source: https://www.sec.gov/Archives/edgar/data/1578732/000158827626000005/0001588276-26-000005-index.htm
- Aug 11, 2025: Lauralee Martin (Director) bought 1,721 shares, about $50,494. Source: https://www.sec.gov/Archives/edgar/data/1578732/000095017025107435/0000950170-25-107435-index.htm

## What management said

- "MMI continued to deliver revenue growth and improved financial results during the quarter despite another rise in interest rates and continued pressure on real estate valuations" Hessam Nadji, President and Chief Executive Officer of Marcus & Millichap (8-K filed Nov 5, 2026). Source: https://www.sec.gov/Archives/edgar/data/1578732/000162828026071270/er-q326earningsrelease.htm

## Latest filings

- 8-K filed Aug 6, 2026: https://www.sec.gov/Archives/edgar/data/1578732/000162828026053748/mmi-20260806.htm
- 10-K filed Feb 26, 2026: https://www.sec.gov/Archives/edgar/data/1578732/000162828026012419/mmi-20251231.htm
- 10-Q filed Aug 6, 2026: https://www.sec.gov/Archives/edgar/data/1578732/000162828026054439/mmi-20260630.htm
- DEF 14A filed Mar 18, 2026: https://www.sec.gov/Archives/edgar/data/1578732/000119312526113930/d94228ddef14a.htm

## About this data

SEC EDGAR filings, read by Steadybase. Every value links to the filing it came from.
Steadybase covers US-headquartered public companies that file with the SEC. API and MCP access: https://steadybase.io/docs/