v3.26.1
Earnings Per Share and Weighted-Average Shares Outstanding (Tables)
 6 Months Ended
Jun. 30, 2026
Earnings Per Share [Abstract]  
Schedule of Basic Earnings Per Share
The following is the calculation of Newmark’s basic EPS (in thousands, except per share data): 
Three Months Ended June 30,Six Months Ended June 30,
2026202520262025
Basic earnings per share:
Net income (loss) available to common stockholders
$19,698 $20,819 $34,117 $12,053 
Basic weighted-average shares of common stock outstanding178,598 179,560 180,611 177,965 
Basic earnings per share$0.11 $0.12 $0.19 $0.07 
Schedule of Fully Diluted Earnings Per Share
The following is the calculation of Newmark’s fully diluted EPS (in thousands, except per share data):

Three Months Ended June 30,Six Months Ended June 30,
2026202520262025
Fully diluted earnings per share:
Net income (loss) available to common stockholders$19,698 $20,819 $34,117 $12,053 
Allocations of net income to limited partnership interests in Newmark Holdings, net of tax7,441 7,954 12,632 4,048 
Net income (loss) for fully diluted shares$27,139 $28,773 $46,749 $16,101 
Weighted-average shares:
Common stock outstanding178,598 179,560 180,611 177,965 
Partnership units(1)
68,992 69,512 68,550 71,684 
RSUs (Treasury stock method)3,934 3,260 4,410 3,724 
Newmark exchange shares339 282 372 297 
Fully diluted weighted-average shares of common stock outstanding251,863 252,614 253,943 253,670 
Fully diluted earnings per share$0.11 $0.11 $0.18 $0.06 
(1)Partnership units collectively include FPUs, limited partnership units, and Cantor Units (see Note 2 — “Limited Partnership Interests in Newmark Holdings and BGC Holdings” for more information).