v3.26.1
Summary of Significant Accounting Policies (Tables)
 6 Months Ended
Jun. 30, 2026
Accounting Policies [Abstract]  
Schedule of Restricted Cash and Short-Term Investments Restricted cash and short-term investments consisted of the following (in thousands):
June 30, 2026December 31, 2025
Restricted cash
$3,923 $4,797 
Restricted short-term investments
123,778 115,379 
Restricted cash and short-term investments
$127,701 $120,176 

Restricted cash and short-term investments had a cost basis and fair value as follows (in thousands):

Cost Basis
Fair Value
Restricted cash
$3,923 $3,923 
Restricted short-term investments (greater than three months maturity)
123,778 124,013 
June 30, 2026$127,701 $127,936 
Restricted cash4,797 4,797 
Restricted short-term investments (greater than three months maturity)
115,379 116,175 
December 31, 2025$120,176 $120,972 
Schedule of Cash and Cash Equivalents
Cash and cash equivalents and restricted cash on the accompanying unaudited condensed consolidated statements of cash flows consisted of the following (in thousands):

June 30, 2026June 30, 2025
Cash and cash equivalents$259,700 $195,829 
Restricted Cash3,923 113,765 
Cash and cash equivalents and restricted cash
$263,623 $309,594 
Schedule of Restricted Cash
Cash and cash equivalents and restricted cash on the accompanying unaudited condensed consolidated statements of cash flows consisted of the following (in thousands):

June 30, 2026June 30, 2025
Cash and cash equivalents$259,700 $195,829 
Restricted Cash3,923 113,765 
Cash and cash equivalents and restricted cash
$263,623 $309,594 
Schedule of Revenue by Segment Newmark recognized revenues as follows (in thousands): 
Three Months Ended June 30,Six Months Ended June 30,
2026202520262025
Management Services, Servicing Fees and Other
$351,153 $298,397 $695,184 $582,290 
Leasing and Other Commissions
278,030 237,262 528,062 445,336 
Capital Markets
259,236 223,453 511,693 396,980 
Revenues$888,419 $759,112 $1,734,939 $1,424,606 
Schedule of Revenue by Geographic Area
The Company offers products and services in the U.S., U.K., Asia, Other Europe, and Other Americas. Information regarding revenues is as follows (in thousands):
Three Months Ended June 30,Six Months Ended June 30,
2026202520262025
U.S.$775,599 $666,697 $1,504,545 $1,241,647 
U.K.50,85149,984118,910104,616
Other (1)
61,96942,431111,48478,343
Revenues$888,419 $759,112 $1,734,939 $1,424,606 
(1) Other includes Asia, Other Europe and Other Americas.