NEWMARK GROUP, INC.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $3.29B | $2.74B | $2.47B | $2.71B | $2.91B | $1.90B | $2.22B | $2.05B |
| Cost of Revenue | — | — | — | — | — | — | — | — |
| Gross Profit | — | — | — | — | — | — | — | — |
| Gross Margin | — | — | — | — | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $658.9M | $597.6M | $536.7M | $534.8M | $553.6M | $294.4M | $361.9M | $331.8M |
| Operating Income | $234.0M | $163.0M | $125.2M | $185.6M | $1.25B | $184.0M | $246.2M | $332.6M |
| Operating Margin | 7.1% | 6.0% | 5.1% | 6.9% | 43.2% | 9.7% | 11.1% | 16.2% |
| Interest Expense | — | — | — | — | — | — | — | — |
| Pretax Income | $201.5M | $131.3M | $103.5M | $154.6M | $1.22B | $146.3M | $214.1M | $282.4M |
| Income Tax Expense | $46.1M | $45.8M | $41.1M | $42.1M | $243.0M | $37.0M | $52.4M | $90.5M |
| Net Income | $126.2M | $85.5M | $62.4M | $112.5M | $978.1M | $109.3M | $117.3M | $106.7M |
| Net Margin | 3.8% | 3.1% | 2.5% | 4.2% | 33.7% | 5.7% | 5.3% | 5.2% |
| EPS (Basic) | $0.71 | $0.36 | $0.25 | $0.46 | $3.91 | $0.39 | $0.59 | $0.65 |
| EPS (Diluted) | $0.68 | $0.34 | $0.24 | $0.45 | $3.80 | $0.39 | $0.58 | $0.64 |
| Shares Outstanding (Basic) | 178.5M | 172.2M | 173.5M | 180.3M | 190.2M | 179.1M | 177.8M | 157.3M |
| Shares Outstanding (Diluted) | 253.5M | 177.7M | 176.4M | 245.2M | 195.8M | 179.7M | 185.0M | 163.8M |
| Dividends Per Share | $0.12 | $0.12 | $0.12 | $0.12 | — | — | — | — |