Substantial Revenue and Earnings Growth
Newmark reported a 22% increase in revenues and approximately 40% growth in earnings metrics for the first quarter of 2025.
Strong Performance Across Business Lines
Capital Markets grew by 33%, leasing fees increased by 31%, and management and servicing revenues rose by over 10%.
Management Services Growth
Management Services, Servicing, and Other increased by 10.5%, marking the seventh consecutive period of solid year-on-year improvement.
Improved EBITDA and Margins
Adjusted EBITDA grew to $89.2 million, up 40.5%, with the adjusted EBITDA margin improving by approximately 180 basis points to 13.4%.