Marcus & Millichap, Inc. Q4 2025 Earnings Call Summary
Yahoo Finance·2026-02-14 05:31

Revenue growth of 8.5% in 2025 was driven by elevated client outreach and a late-quarter surge in private client urgency to utilize bonus depreciation benefits. The company achieved its strongest sales force growth in seven years, adding nearly 100 net professionals by refining recruitment standards and expanding internship and fellowship programs. Performance in the private client and middle market segments (1Mto1M to 20M) outpaced the broader market with 12% growth as bid-ask spreads narrowed and regi ...