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Marcus & Millichap, Inc.

For the period ended Sep 30, 2025. Filed Nov 7, 2025.

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About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Sep 30, 2025 · Filed Nov 7, 2025

MMI$26.40-4.9%Stored close · as of Nov 9, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

See the whole filing, with its images and exhibits

Table of Contents

Page
PART I. FINANCIAL INFORMATION
Item 1. Financial Statements3
Condensed Consolidated Balance Sheets as of September 30, 2025 (Unaudited) and December 31, 20243
Condensed Consolidated Statements of Operations for the Three and Nine Months Ended September 30, 2025 and 2024 (Unaudited)4
Condensed Consolidated Statements of Comprehensive Loss for the Three and Nine Months Ended September 30, 2025 and 2024 (Unaudited)5
Condensed Consolidated Statements of Stockholders’ Equity for the Three and Nine Months Ended September 30, 2025 and 2024 (Unaudited)6
Condensed Consolidated Statements of Cash Flows for the Nine Months Ended September 30, 2025 and 2024 (Unaudited)8
Notes to Condensed Consolidated Financial Statements (Unaudited)9
Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations30
Item 3. Quantitative and Qualitative Disclosures About Market Risk44
Item 4. Controls and Procedures45
PART II. OTHER INFORMATION
Item 1. Legal Proceedings47
Item 1A. Risk Factors47
Item 2. Unregistered Sales of Equity Securities and Use of Proceeds48
Item 3. Defaults Upon Senior Securities48
Item 4. Mine Safety Disclosures48
Item 5. Other Information48
Item 6. Exhibits49
SIGNATURES
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The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.