v3.26.1
Other Current Assets and Other Assets (Tables)
 6 Months Ended
Jun. 30, 2026
Other Assets [Abstract]  
Schedule of Other Current Assets
Other current assets consisted of the following (in thousands):
June 30, 2026December 31, 2025
Derivative assets$9,417 $6,040 
Prepaid expenses67,767 74,495 
Other taxes9,163 — 
Rent and other deposits23,010 23,495 
Other12,330 10,020 
Total$121,687 $114,050 
Schedule of Other Noncurrent Assets
Other assets consisted of the following (in thousands):
June 30, 2026December 31, 2025
Deferred tax assets (1)
$101,837 $101,749 
Convertible debt and other contract assets (2)
72,100 — 
Non-marketable investments4,645 4,145 
Other tax receivables16,742 10,966 
Advances on long-term contracts
3,749 4,345 
Other26,987 30,091 
Total$226,060 $151,296 
(1) Deferred tax assets includes $19.5 million of a tax receivable relating to the Tax Receivable Agreement with Cantor. There is an offsetting related liability to Cantor of $17.5 million included in other long-term liabilities on the condensed consolidated balance sheets.
(2) During the six months ended June 30, 2026, Newmark entered into relationships with various third parties which resulted in the recording of convertible notes and contract assets as other long-term assets in the condensed consolidated balance sheets. These assets are held at cost in accordance with applicable accounting guidance. Fair value of these assets approximates cost as of June 30, 2026.