Marcus & Millichap(US:MMI)2025-08-07 14:30Financial Performance - Revenue for the second quarter of 2025 reached $172.3 million, an increase of 8.8% year-over-year[13] - Net loss for the second quarter was $(11.0) million, a 99.3% change year-over-year[13] - Adjusted EBITDA for the second quarter was $1.5 million, representing a 1.0% increase year-over-year[13] - Year-to-date revenue totaled $317.3 million, up 10.4% compared to the previous year[14] - Year-to-date net loss was $(15.5) million, a (0.4)% change year-over-year[14] - Year-to-date Adjusted EBITDA was $(7.3) million, a 15.7% increase year-over-year[14] Operational Highlights - Sales volume for the second quarter reached $12.3 billion, a 29.9% increase year-over-year[13] - Transaction closings for the second quarter totaled 2,070, up 15.0% year-over-year[13] - The number of investment sales and financing professionals as of June 30, 2025, was 1,640, a decrease of (5.0)% year-over-year[13] Market Trends - Private investors dominate the U S commercial real estate market, accounting for 59% of dollar volume[34] - Transactions in the $1 million to <$10 million range constitute 66% of the total[16]