Newmark(US:NMRK)2025-10-30 14:00Consolidated Results - Total Revenues increased by 259% to $8635 million in 3Q25 compared to $6859 million in 3Q24[10] - GAAP net income for fully diluted shares increased by 1447% to $640 million in 3Q25 compared to $262 million in 3Q24[10] - Adjusted Earnings per share increased by 273% to $042 in 3Q25 compared to $033 in 3Q24[10] - Adjusted EBITDA increased by 289% to $1452 million in 3Q25 compared to $1126 million in 3Q24[10] - AEBITDA Margin expanded by 40 basis points to 168% in 3Q25[20] Business Segments - Leasing and Other Commissions revenues increased by 137%[30] - Capital Markets revenues increased by 597%[33] - Management Services revenues reflected approximately 24% growth from Valuation & Advisory[26] Financial Position - TTM Adjusted EBITDA was $5313 million[15] - Net Leverage Ratio was 10x as of September 30 2025[15] - Adjusted Free Cash Flow was $2919 million in the TTM versus $1246 million in the TTM ended 09/30/2024, a 64% increase[42] Outlook - Total Revenues are expected to be between $3175 billion and $3325 billion, a 16%-21% YoY change[54] - Adjusted Earnings Per Share are expected to be between $153 and $163, a 24%-33% YoY change[54] - Adjusted EBITDA is expected to be between $543 million and $579 million, a 22%-30% YoY change[54]