v3.26.1
Goodwill and Other Intangible Assets, Net
 6 Months Ended
Jun. 30, 2026
Intangible Asset, Goodwill and Other [Abstract]  
Goodwill and Other Intangible Assets, Net Goodwill and Other Intangible Assets, Net
The changes in the carrying amount of goodwill were as follows (in thousands):
Balance, January 1, 2025$770,886 
Acquisitions19,810 
Divestiture
(4,001)
Measurement period and currency translation adjustments15,345 
Balance, December 31, 2025$802,040 
Acquisitions682 
Measurement period and currency translation adjustments(3,147)
Balance, June 30, 2026$799,575 
Goodwill is not amortized and is reviewed annually for impairment or more frequently if impairment indicators arise, in accordance with U.S. GAAP guidance on Goodwill and Other Intangible Assets. Newmark completed its annual goodwill impairment testing for the year ended December 31, 2025, which did not result in a goodwill impairment.

Other intangible assets consisted of the following (in thousands, except weighted-average life):
June 30, 2026
Gross
Amount		Accumulated
Amortization		Net
Carrying
Amount		Weighted-
Average
Remaining
Life (Years)
Indefinite life:
Trademark and trade names$12,850 $— $12,850 N/A
License agreements (GSE)5,390 — 5,390 N/A
Definite life:
Contractual customers86,026 (47,733)38,293 11.5
Non-contractual customers24,031 (19,078)4,953 3.4
Trademark and trade names
12,851 (12,751)100 0.3
Non-compete agreements12,424 (9,995)2,429 3.1
Technology
9,800 (3,215)6,585 8.7
Other1,679 (1,437)242 4.5
 Total$165,051 $(94,209)$70,842 10.1

December 31, 2025
Gross
Amount		Accumulated
Amortization		Net
Carrying
Amount		Weighted-
Average
Remaining
Life (Years)
Indefinite life:
Trademark and trade names$12,850 $— $12,850 N/A
License agreements (GSE)5,390 — 5,390 N/A
Definite life:
Contractual customers84,554 (42,748)41,806 11.4
Non-contractual customers24,031 (18,465)5,566 4.0
Trademark and trade names
12,959 (12,659)300 0.8
Non-compete agreements12,496 (9,380)3,116 3.2
Technology
9,800 (2,622)7,178 9.0
Other1,551 (1,421)130 5.0
 Total$163,631 $(87,295)$76,336 9.9

Intangible amortization expense was $3.4 million and $4.0 million for the three months ended June 30, 2026 and 2025, respectively, and $7.6 million and $8.2 million for the six months ended June 30, 2026 and 2025, respectively. Intangible amortization is included as a part of “Depreciation and amortization” on the accompanying unaudited condensed consolidated statements of operations. Impairment charges are included in intangible amortization expense.
    
The estimated future amortization of definite life intangible assets as of June 30, 2026 was as follows (in thousands):
2026$6,479 
202710,339 
20286,293 
20294,696 
20302,560 
Thereafter22,235 
Total$52,602