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Stock Transactions and Unit Purchases (Tables)
6 Months Ended
Jun. 30, 2025
Equity [Abstract]  
Schedule of Changes in Common Stock Outstanding
Changes in shares of Newmark’s Class A common stock outstanding were as follows:
 Three Months Ended June 30,Six Months Ended June 30,
 2025202420252024
Shares outstanding at beginning of period161,924,550 152,681,596 149,506,832 152,639,359 
Share issuances:
LPU redemption/exchange
2,500,090 2,978,758 13,050,619 5,167,941 
Issuance of Class A common stock for Newmark RSUs
800,970 372,312 2,171,525 1,442,339 
Other(33,427)(145,034)463,207 101,392 
Treasury stock repurchases(10,839,674)(5,502,703)(10,839,674)(8,966,102)
Shares outstanding at end of period154,352,509 150,384,929 154,352,509 150,384,929 
Schedule of Share Repurchase Activity The gross share repurchases of Newmark’s Class A common stock during the six months ended June 30, 2025 were as follows (in thousands, except shares and per share amounts):
Total
Number of
Shares
Repurchased
Average
Price Paid
per Share
Approximate
Dollar Value
of Units and
Shares That
May Yet Be
Repurchased/
Purchased
Under the 
Program
Repurchases
January 1, 2025 - March 31, 2025
— $— 
April 2025
— $— 
May 2025(1)
10,839,674 $11.58 
June 2025
— $— 
Total Repurchases10,839,674 $11.58 $246,397 
(1) On May 16, 2025, Mr. Howard W. Lutnick agreed to sell 10.8 million shares of Newmark Class A common stock beneficially owned by him to Newmark at a price of $11.58 per share pursuant to the Company’s Share Repurchase and Unit Purchase Authorization. Such repurchase closed on May 19, 2025, and was approved by the Audit Committee. See Note 23—“Related Party Transactions—Transactions with Other Related Parties” for further information.
Schedule of Changes in Carrying Amount of Redeemable Partnership Interest
The changes in the carrying amount of FPUs follow (in thousands):
 June 30, 2025December 31, 2024
Balance at beginning of period:$13,900 $16,244 
Income allocation135 1,428 
Distributions of income(1,391)(1,196)
Issuance and other(1,110)(2,576)
Balance at end of period$11,534 $13,900