← Marcus & Millichap, Inc.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $717.5m | $719.7m | $814.8m | $806.4m | $716.9m | $1.3b | $1.3b | $645.9m | $696.1m | $755.2m | |
| Cost of Revenue | $449.2m | $451.9m | $502.9m | $506.9m | $458.8m | $851.9m | $864.3m | $420.3m | $448.1m | $482.6m | |
| Gross Profit (Calculated) (derived) | $268.3m | $267.8m | $311.9m | $299.5m | $258.1m | $444.5m | $437.4m | $225.7m | $248.0m | $272.6m | |
| Operating Expenses | $610.9m | $623.6m | $702.5m | $710.0m | $663.3m | $1.1b | $1.2b | $705.3m | $729.0m | $768.9m | |
| Operating Income (Loss) | $106.5m | $96.1m | $112.3m | $96.4m | $53.6m | $189.4m | $137.4m | ($59.4m) | ($32.9m) | ($13.7m) | |
| Additional Financial Items | |||||||||||
| Amortization of Intangible Assets | — | — | $314k | — | — | $3.8m | $4.7m | $4.7m | $7.2m | $2.1m | |
| Goodwill, Impairment Loss | — | — | — | $0 | $0 | $0 | — | — | $0 | $0 | |
| Income (Loss) from Continuing Operations before Income Taxes, Domestic | — | — | — | — | $59.4m | — | — | $40.4m | $13.0m | $6.4m | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | $107.1m | $99.2m | $117.2m | $107.5m | $59.4m | $193.3m | $142.0m | ($40.4m) | ($13.0m) | $3.0m | |
| Net Income (Loss) Attributable to Parent | $64.7m | $51.5m | $87.3m | $76.9m | $42.8m | $142.5m | $104.2m | ($34.0m) | ($12.4m) | ($1.9m) | |
| Net Income (Loss) Available to Common Stockholders, Basic | — | — | — | $76.9m | $42.8m | $142.5m | $104.2m | ($34.0m) | ($12.3m) | ($1.9m) | |
| Earnings Per Share, Basic | $1.66 | $1.32 | $2.23 | $1.95 | $1.08 | $3.57 | $2.61 | ($0.88) | ($0.32) | ($0.05) | |
| Earnings Per Share, Diluted | $1.66 | $1.32 | $2.22 | $1.95 | $1.08 | $3.55 | $2.59 | ($0.88) | ($0.32) | ($0.05) | |
| Weighted Average Number of Shares Outstanding, Basic | 38.9m | 39.0m | 39.1m | 39.4m | 39.6m | 39.9m | 39.9m | 38.7m | 38.7m | 38.9m | |
| Weighted Average Number of Shares Outstanding, Diluted | 39.0m | 39.1m | 39.4m | 39.5m | 39.7m | 40.2m | 40.2m | 38.7m | 38.7m | 38.9m | |
| Other income (expense): | |||||||||||
| Selling, General and Administrative Expense | $161.8m | $171.6m | $193.3m | $203.1m | $204.5m | $255.2m | $300.0m | $285.0m | $280.9m | $286.3m | |
| Interest Expense (non-operating) | — | — | — | — | — | — | — | — | $812k | $773k | |
| Business Combination, Acquisition Related Costs | — | — | — | — | $1.3m | — | — | — | — | — | |
| Interest Expense | $1.5m | $1.5m | $1.4m | $1.4m | $900k | $580k | $708k | $888k | $812k | $773k | |
| Income Tax Expense (Benefit) | $42.4m | $47.7m | $30.0m | $30.6m | $16.5m | $50.8m | $37.8m | ($6.4m) | ($666k) | $4.9m | |
| Nonoperating Income (Expense) | $2.1m | $4.6m | $6.3m | $12.5m | $6.7m | $4.5m | $5.3m | $19.9m | $20.7m | $17.5m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.