Marcus & Millichap Reports Q3 2025 Revenue Growth of 15.1% and EPS of $0.01

Marcus & Millichap reported a 15.1% revenue increase in Q3 2025 compared to Q3 2024, with total revenue of $193.9 million. Net income was $0.2 million, or $0.01 per share, including a $0.08 loss per share accrual for litigation. Adjusted EBITDA was $6.9 million, compared to breakeven last year. The company's private client business showed strength in sales and financing, while expansion into larger transactions remains on track.