Newmark Q4 GAAP EPS rises 42.3% to USD 0.37

Newmark reported Q4 2025 total revenues of USD 1.01 billion (+15.3%), with GAAP net income for fully diluted shares of USD 92.9 million (+41.4%) and GAAP EPS of USD 0.37 (+42.3%). Post-tax adjusted earnings to fully diluted shareholders were USD 171.8 million (+24%) and adjusted EPS was USD 0.68 (+23.6%), while adjusted EBITDA was USD 214.0 million (+17%). For FY 2025, Newmark posted total revenues of USD 3.29 billion (+20.3%), GAAP net income for fully diluted shares of USD 173.0 million (2.8x) and GAAP EPS of USD 0.68 (+100%). Post-tax adjusted earnings were USD 409.7 million (+30.2%), adjusted EPS was USD 1.62 (+31.7%) and adjusted EBITDA was USD 562.4 million (+26.3%). By business line in Q4, Management Services, Servicing Fees, and Other revenue was USD 343.8 million (+13%), Leasing and Other Commissions were USD 313.2 million (+13.6%), and Capital Markets revenue was USD 348.9 million (+19.2%); FY 2025 totals were USD 1.24 billion (+12.4%), USD 1.00 billion (+16.9%), and USD 1.05 billion (+35.3%), respectively. Newmark said its servicing and asset management portfolio rose to USD 211.2 billion (+15.2%) and highlighted being named exclusive leasing agent for the next stage of $Vornado Realty Trust(VNO-N)$’s retail transformation in THE PENN DISTRICT, as well as advising on a GBP 1.04 billion U.K. logistics portfolio acquisition. The company also declared a quarterly dividend of USD 0.03 per share and increased its share repurchase and unit redemption authorization to USD 400 million; it ended 2025 with cash and cash equivalents of USD 229.1 million and total corporate debt of USD 671.7 million (net leverage 0.8x). For FY 2026, Newmark guided for total revenues of USD 3.70 billion to USD 3.80 billion, adjusted EPS of USD 1.82 to USD 1.92, and adjusted EBITDA of USD 635 million to USD 675 million.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Newmark Group Inc. published the original content used to generate this news brief on February 25, 2026, and is solely responsible for the information contained therein.