Overview
- The real estate adviser reported Q1 2026 revenue of $846.5 million, up about 27% year over year, with adjusted EPS of $0.33 topping estimates.
- Newmark raised its full-year outlook to $3.775–$3.875 billion in revenue and $1.87–$1.98 in adjusted EPS.
- Leasing fees rose 20.2% to a first‑quarter high as office deals picked up in New York, the Bay Area, and Texas, helped by office attendance reaching 73.5% of 2019 levels per Placer.ai.
- Capital-markets revenue jumped 45.5% from Q4 and transaction volumes climbed 67.6%, driven largely by senior‑housing activity.
- Net income was $19.6 million, which increased sharply from a year ago but fell from $92.9 million in Q4 2025.