Company: MMI
Filing Date: 2025-02-27
Form Type: 10-K
Source: 0001578732-25-000015
Chunk: 124

Company: Marcus & Millichap, Inc.
Filing Date: 2025-02-27
Form: 10-K
Item: Item 8
Chunk 124
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ulated other comprehensive loss(1,433)(768)Total stockholders’ equity630,818 645,274 Total liabilities and stockholders’ equity$869,800 $878,411 

See accompanying notes to consolidated financial statements. 

F-5

MARCUS & MILLICHAP, INC. 

CONSOLIDATED STATEMENTS OF OPERATIONS 

(in thousands, except per share amounts) 

Years Ended December 31,202420232022Revenue:Real estate brokerage commissions$589,695 $559,752 $1,170,310 Financing fees84,512 66,898 112,978 Other revenue21,853 19,277 18,422 Total revenue696,060 645,927 1,301,710 Operating expenses:Cost of services431,471 406,645 850,894 Selling, general and administrative280,909 285,023 300,009 Depreciation and amortization16,589 13,627 13,406 Total operating expenses728,969 705,295 1,164,309 Operating (loss) income(32,909)(59,368)137,401 Other income, net20,693 19,855 5,336 Interest expense(812)(888)(708)(Loss) income before (benefit) provision for income taxes(13,028)(40,401)142,029 (Benefit) provision for income taxes(666)(6,366)37,804 Net (loss) income$(12,362)$(34,035)$104,225 (Loss) earnings per share:Basic$(0.32)$(0.88)$2.61 Diluted$(0.32)$(0.88)$2.59 Weighted average common shares outstanding:Basic38,67838,65939,893Diluted38,67838,65940,186

See accompanying notes to consolidated financial statements. 

F-6

MARCUS & MILLICHAP, INC. 

CONSOLIDATED STATEMENTS OF COMPREHENSIVE (LOSS) INCOME 

(in thousands) 

Years Ended December 31,202420232022Net (loss) income$(12,362)$(34,035)$104,225 Other comprehensive (loss) income:Marketable debt securities, available-for-sale:Change in net unrealized gains and losses753 2,300 (