Key Highlights

• Marcus & Millichap's $0.25 semiannual dividend, approximately $10.0 million total, trades with a September 15, 2026 record date, payable October 6.

• The company maintains a debt-free balance sheet.

• Second-quarter Revenue grew 17.8% to $202.9 million, with Net Income of $3.9 million, or $0.10 diluted EPS, reversing an $11.0 million loss a year earlier.

• Adjusted EBITDA increased to $12.1 million from $1.5 million, with financing fees up 15.3%.

Marcus & Millichap's (NYSE:MMI) $0.25 semiannual dividend, approximately $10.0 million total, trades with a September 15 Record Date and October 6 payment date. Revenue grew 17.8% to $202.9 million, with brokerage commissions up 18.1% and financing fees up 15.3%, reversing a prior-year net loss of $11.0 million.

Dividend Program and Shareholder Returns

Marcus & Millichap declared a $0.25 per share semiannual dividend, approximately $10.0 million in aggregate, payable October 6 to shareholders of record September 15. The semiannual structure applies rather than a standard quarterly Dividend cadence.

About the Company

Marcus & Millichap is a national commercial real-estate brokerage and advisory firm specializing in Investment sales, financing services, research and advisory work across multifamily, industrial, office, retail and other property sectors.

Financial Performance Behind the Payout

Marcus & Millichap reported second-quarter revenue of $202.9 million, up 17.8% year over year. Brokerage commissions increased 18.1% to $167.0 million, while financing fees rose 15.3% to $30.3 million. Pre-tax income improved to $6.3 million from a $3.7 million loss, and net income was $3.9 million, or $0.10 diluted EPS, versus an $11.0 million loss a year earlier. Adjusted EBITDA increased to $12.1 million from $1.5 million. Six-month revenue rose 18.0% to $374.4 million, with adjusted EBITDA turning positive at $15.1 million. The company remained debt-free and repurchased 912,957 shares for $23.9 million during the first half.

Outlook

Continued transaction-count and average deal-size trends, financing-fee growth, and interest-rate sensitivity given the cyclical nature of Commercial Real Estate brokerage are the factors management has flagged for tracking.