“68 Interest Expense, Net Interest expense, net decreased by $3.2 million, or 18.2%, to $14.3 million during the six months ended June 30, 2026 compared to the six months ended June 30, 2025 primarily due to a $3.0 million increase in interest income.”10-Q · Aug 7, 2026 ↗
Newmark Group, Inc.
NMRK
Market read
Newmark Group, Inc.'s move is being confirmed by its market group.
No new filing conclusion is available. 5 of 17 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 9 directly disclosed connections are confirming.
- At least 12 of 17 durable members become active together.
- Capital-flow agreement rises above 55%.
- A filing-linked outsider such as HIW begins moving with the group.
Invalidation: The live read weakens if participation falls to 5 of 17 members or fewer.
Research brief
The story so far
No new filing conclusion is available. 5 of 17 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 9 directly disclosed connections are confirming.
No thresholded supportive filing evidence is available yet.
No thresholded adverse filing evidence is available yet.
- At least 12 of 17 durable members become active together.
- Capital-flow agreement rises above 55%.
- A filing-linked outsider such as HIW begins moving with the group.
Company research
Understand the business, not just the ticker
Use the company’s filings to identify the few operating, demand, cost, capital and regulatory variables that determine its earnings power.
- Which operating variable is changing?
- Is that change durable, cyclical or one-off?
- What evidence would disprove the current interpretation?
- Latest annual revenue changed +21.9% year over year.
- Operating margin changed +1.3 percentage points in the latest annual period.
- Net margin changed +1.9 percentage points in the latest annual period.
- Operating cash flow covered net income at 1.36x in the latest annual period.
- Demand and volume has repeated favorable evidence across 5 filings.
- Restructuring and cost reductions has repeated favorable evidence across 3 filings.
- Diluted shares increased 42.6% in the latest annual period.
- EV/sales is 107% above the available filing-peer median; determine whether growth and quality justify the difference.
Price as of Sep 9, 2026
14.65Reported annual revenue and per-share history. This is accounting history, not a forecast.
What management says matters
Persistent and emerging business drivers
“We expect demand for office space to continue to be supported by the reset in values due to near-term debt maturities.”10-Q · Aug 7, 2026 ↗
“While higher consumer spending also contributed to the rise, these factors were partially offset by lower federal spendings, private inventory investment, nonresidential structure investment, and net exports.”10-Q · Aug 7, 2026 ↗
“Depreciation and Amortization Depreciation and amortization for the year ended December 31, 2025 increased by $7.0 million, or 4.0%, to $181.3 million compared to the year ended December 31, 2024 primarily due to a $4.3 million increase in expenses related to…”10-K · Mar 2, 2026 ↗
Valuation discipline
Descriptive valuation snapshot
Price/sales 1.3× · EV/sales 1.5×. Comparisons use only industry-matched filing peers.
Mechanical 2.0-year scenarios are available as editable assumptions, not consensus.
Price action
How the market is pricing the story
Jodie does not have enough daily observations to draw a useful short-term chart for this asset. The latest quoted price was checked 9 Sept, 15:55 GMT-4; this is a coverage limitation, not a flat-price conclusion.
Developments
No sourced recent-development timeline yet
Jodie has not returned a relevant primary source or news item for NMRK. This is an evidence-coverage gap, not a conclusion that nothing material happened.
Business and financial condition
Reported financial figures are not available yet
Jodie has not returned structured SEC XBRL fundamentals for this asset. This is a coverage limitation, not an assessment of the business or its financial health.
Filing analysis
No comparable filing assessment is available yet
Jodie has not yet found a suitable current-versus-prior filing comparison for NMRK. This does not mean the latest filing was neutral or immaterial.
Business ecosystem
The relationships behind NMRK
Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.
Depends on
ABMABM Industries IncorporatedcompetitorMar 2, 2026 ▾
“Depending on the geography, property type or service, we may compete with other commercial real estate service providers, including outsourcing companies such as ISS A/S and ABM Industries.”
CBRECBRE Group, Inc.competitorMar 2, 2026 ▾
“We also compete with other large multinational firms that have similar or overlapping service competencies to ours, including CBRE Group, Inc., Colliers International Group Inc., Cushman & Wakefield PLC, Jones Lang LaSalle Incorporated, and Savills plc.”
Depended on by
VMIValmont Industries, Inc.investeeFeb 24, 2026 ▾
“Obligations under this facility are guaranteed by the Company and its wholly owned subsidiaries, Valmont Telecommunications, Inc., Valmont Coatings, Inc., Valmont Newmark, Inc., and Valmont Queensland Pty.”
Filing peers
Companies whose filings use similar operating language.
Open the three relationships above to see Jodie’s filing proof. Pro unlocks 7 more links, every receipt, and alerts when connected names begin moving. Unlock the full network →
What is moving around it
Live connections
NMRK is currently a Participant in the organic co-movement group Real Estate Services. This group is discovered from market behaviour rather than assigned from an industry taxonomy. 3 filing-linked names are in the relationship map; none is currently confirmed as moving with the group.
Context history
Theme membership history
No durable theme membership has been observed for this name yet.