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Stock Transactions and Unit Purchases (Tables)
12 Months Ended
Dec. 31, 2025
Equity [Abstract]  
Schedule of Changes in Common Stock Outstanding
Changes in shares of Newmark’s Class A common stock outstanding were as follows:
 Year Ended December 31,
 202520242023
Shares outstanding at beginning of period149,506,832 152,639,359 150,384,605 
Share issuances:
LPU redemption/exchange
18,198,885 12,196,746 6,174,573 
Issuance of Class A common stock for Newmark RSUs
3,536,482 2,399,349 2,367,245 
Other388,438 474 (501,694)
Treasury stock repurchases(10,973,933)(17,729,096)(5,785,370)
Shares outstanding at end of period160,656,704 149,506,832 152,639,359 
Schedule of Share Repurchase Activity The gross share repurchases of Newmark’s Class A common stock during the year ended December 31, 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 1, 2025 - June 30, 2025(1)
10,839,674 $11.58 
July 1, 2025 - September 30, 2025
— $— 
October 2025
134,259 $11.50 
November 2025
— $— 
December 2025
— $— 
Total Repurchases10,973,933 $11.58 $244,852 
(1) On May 16, 2025, Mr. Howard Lutnick agreed to sell 11.0 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 October 6, 2025, and was approved by the Audit Committee. See Note 24 — “Related Party Transactions — Transactions with Executive Officers and Directors —Mr. Howard Lutnick, Former Executive Chairman — Sale of Newmark Class A Common Stock to the Company” for further information.
Schedule of Changes in Carrying Amount of Redeemable Partnership Interest
The changes in the carrying amount of FPUs follow (in thousands):
 December 31, 2025December 31, 2024
Balance at beginning of period:$13,900 $16,244 
Income allocation1,620 1,428 
Distributions of income(1,527)(1,196)
Issuance and other(1,944)(2,576)
Balance at end of period$12,049 $13,900