Marcus & Millichap (NYSE:MMI) reported an 18% year-over-year increase in first-quarter 2026 revenue, as management said improving commercial real estate transaction activity, a recovery in its private client business and growth in financing helped the company start the year with stronger momentum.
President and Chief Executive Officer Hessam Nadji said the company’s results reflected “improving market conditions” and the effect of more than two years of client outreach, valuation updates and seller consultations that are now converting into transactions. Total revenue rose to $171.5 million from $145 million in the prior-year quarter, which Chief Financial Officer Steve DeGennaro described as the company’s strongest first-quarter revenue growth in four years.
