Revenues from Contracts with Customers (Tables)

3 Months Ended

Mar. 31, 2025

Revenue from Contract with Customer [Abstract]

Schedule of Revenues from Contracts with Customers and Our Other Sources of Revenues

The following table presents Newmark’s total revenues separately for its revenues from contracts with customers and other sources of revenues (in thousands):

	Three Months Ended March 31,
	2025		2024
Revenues from contracts with customers:
Leasing and other commissions	$	208,074	$	158,799
Investment sales	92,858		70,823
Mortgage brokerage and debt placement	37,186		27,100
Management services	218,112		193,437
Total	$	556,230	$	450,159
Other sources of revenue(1):
Fair value of expected net future cash flows from servicing recognized at commitment, net	$	21,403	$	16,144
Loan originations related fees and sales premiums, net	22,080		16,699
Servicing fees and other	65,781		63,497
Total	$	665,494	$	546,499

(1)Although these items have customers under contract, they were recorded as other sources of revenue as they were excluded from the scope of ASU No. 2014-9.

Schedule of Revenue Remaining Performance Obligation

Approximate future cash flows to be received over the next five years as of March 31, 2025 are as follows (in thousands):

2025	$	86,292
2026	53,094
2027	18,336
2028	6,761
2029	752
Thereafter	—
Total	$	165,235