Marcus & Millichap Inc. (MMI) reported fourth-quarter 2025 total revenue of $244.0 million, up 1.6% year-over-year, with gross profit of $89.4 million, up 1.3% year-over-year.
Cash flow and capital spending showed mixed movement: operating cash flow was $46.3 million, down 18.3% year-over-year, while purchases of property, plant and equipment totaled $2.4 million, up 56.7% year-over-year.
Overall, Marcus & Millichap (MMI) delivered modest revenue growth with stronger improvements in operating profit and net income, supported by a healthy cash balance and a reduction in total liabilities.
Note: This financials data is sourced from a third-party provider and has not been independently verified by Quiver.
Marcus & Millichap Inc. Hedge Fund Activity
We have seen 106 institutional investors add shares of Marcus & Millichap Inc. stock to their portfolio, and 99 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- REINHART PARTNERS, LLC. removed 2,208,439 shares (-100.0%) from their portfolio in Q4 2025, for an estimated $60,268,300
- ROYCE & ASSOCIATES LP removed 878,967 shares (-56.3%) from their portfolio in Q4 2025, for an estimated $23,987,009
- TRIBUTARY CAPITAL MANAGEMENT, LLC removed 726,614 shares (-54.3%) from their portfolio in Q4 2025, for an estimated $19,829,296
- WELLINGTON MANAGEMENT GROUP LLP removed 325,204 shares (-100.0%) from their portfolio in Q4 2025, for an estimated $8,874,817
- CITADEL ADVISORS LLC added 308,960 shares (+586.0%) to their portfolio in Q4 2025, for an estimated $8,431,518
- LORD, ABBETT & CO. LLC removed 257,780 shares (-40.2%) from their portfolio in Q4 2025, for an estimated $7,034,816
- QUBE RESEARCH & TECHNOLOGIES LTD added 242,713 shares (+312.0%) to their portfolio in Q4 2025, for an estimated $6,623,637
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Marcus & Millichap Inc. Analyst Ratings
Wall Street analysts have issued reports on $MMI in the last several months. We have seen 0 firms issue buy ratings on the stock, and 1 firms issue sell ratings.
Here are some recent analyst ratings:
- Wells Fargo issued a "Underweight" rating on 02/02/2026
To track analyst ratings and price targets for Marcus & Millichap Inc., check out Quiver Quantitative's $MMI forecast page.
