| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Consolidated net income (loss) | 16,615 | 83,428 | 58,456 | 13,562 |
| Gains on originated mortgage servicing rights | 26,101 | 41,779 | 38,425 | 39,007 |
| Depreciation and amortization | 46,232 | 46,874 | 45,460 | 88,969 |
| Lease impairment | NaN | 0 | NaN | NaN |
| Provision (benefit) for credit losses on the financial guarantee liability | 1,460 | -877 | 1,697 | 3,475 |
| Provision (reversal) for doubtful accounts | 2,657 | 1,247 | 2,477 | 5,639 |
| Deferred tax provision (benefit) | NaN | 26,914 | -9,331 | -774 |
| Equity-based compensation and allocation of net income to limited partnership units and fpus | 68,396 | 66,435 | 81,124 | 134,486 |
| Employee loan amortization and other non-cash compensation expense | 33,280 | 44,060 | 39,977 | 71,236 |
| Non-cash changes in acquisition related earn-outs | 200 | 388 | 199 | 388 |
| Unrealized (gains) on loans held for sale | 9,403 | -19,918 | -7,105 | 39,193 |
| Income from an equity method investment | NaN | 0 | NaN | NaN |
| Loan originationsloans held for sale | 2,648,639 | 3,563,994 | 3,267,761 | 3,895,933 |
| Loan salesloans held for sale | 2,430,047 | 4,030,983 | 3,209,688 | 3,360,791 |
| Other | 184 | 692 | 4,755 | 469 |
| Consolidated net income (loss), adjusted for non-cash and non-operating items | -85,072 | 714,289 | 135,421 | -295,892 |
| Receivables, net | 49,669 | 42,808 | 20,502 | -32,148 |
| Loans, forgivable loans and other receivables from employees and partners, net | 63,302 | 42,852 | 19,390 | 157,926 |
| Right-of-use assets | -32,302 | -21,617 | -25,600 | -5,482 |
| Receivable from related parties | 0 | 0 | 0 | -326 |
| Other assets | 1,827 | -43,032 | 12,079 | 38,635 |
| Accrued compensation | -38,164 | 15,642 | 37,409 | -143,245 |
| Right-of-use liability | -34,095 | -24,401 | -27,766 | -7,509 |
| Accounts payable, accrued expenses and other liabilities | -8,198 | -63,052 | 979 | 34,278 |
| Payables to related parties | 427 | -2,951 | -7,041 | 11,827 |
| Net cash provided by (used in) operating activities | -247,598 | 618,516 | 112,631 | -559,146 |
| Payments for acquisitions, net of cash acquired and proceeds from divestitures | 2,448 | 53,360 | NaN | NaN |
| Proceeds from the exercise of redemption option | NaN | 0 | NaN | NaN |
| Purchase of non-marketable investments | 500 | 0 | 0 | 0 |
| Payments for intangible assets | NaN | 0 | 0 | NaN |
| Purchases of fixed assets | 10,211 | 9,694 | 7,732 | 11,946 |
| Purchase of restricted short-term investments | NaN | 119,097 | 215,282 | NaN |
| Proceeds from maturity of restricted short-term investments | NaN | 114,000 | 105,000 | NaN |
| Net cash provided by (used in) investing activities | -13,159 | -68,151 | -118,014 | -11,946 |
| Proceeds from warehouse facilities | 2,648,639 | 3,563,994 | 3,267,761 | 3,895,933 |
| Principal payments on warehouse facilities | 2,416,428 | 4,021,944 | 3,208,235 | 3,359,378 |
| Borrowing of debt | 175,000 | 100,000 | 0 | 420,000 |
| Repayment of debt | 15,000 | 175,000 | 125,000 | 220,000 |
| Purchase of limited partnership interests | NaN | 0 | 0 | NaN |
| Treasury stock repurchases | 136,347 | 1,545 | 0 | 125,523 |
| Deferred financing costs | NaN | 8 | 1,232 | 450 |
| Earnings and tax distributions to limited partnership interests and other noncontrolling interests | 3,964 | 3,571 | 5,133 | 22,852 |
| Dividends to stockholders | 5,442 | 5,429 | 5,328 | 10,966 |
| Payments on acquisition earn-outs | 0 | 0 | 0 | 943 |
| Net cash provided by (used in) financing activities | 246,458 | -543,503 | -77,167 | 575,821 |
| Net increase (decrease) in cash and cash equivalents and restricted cash | -14,299 | 6,862 | -82,550 | 4,729 |
| Cash and cash equivalents and restricted cash at beginning of period | 233,906 | 227,044 | 304,865 | NaN |
| Cash and cash equivalents and restricted cash at end of period | 219,607 | 233,906 | 227,044 | NaN |
NEWMARK GROUP, INC. (NMRK)
NEWMARK GROUP, INC. (NMRK)