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Earnings Per Share and Weighted-Average Shares Outstanding (Tables)
 9 Months Ended
Sep. 30, 2025
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 September 30,Nine Months Ended September 30,
 2025202420252024
Basic earnings per share:
Net income (loss) available to common stockholders
$46,154 $17,794 $58,209 $15,820 
Basic weighted-average shares of common stock outstanding177,230 170,088 177,717 172,767 
Basic earnings per share$0.26 $0.10 $0.33 $0.09 
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 September 30,Nine Months Ended September 30,
2025202420252024
Fully diluted earnings per share:
Net income (loss) available to common stockholders$46,154 $17,794 $58,209 $15,820 
Allocations of net income to limited partnership interests in Newmark Holdings, net of tax17,829 8,357 21,876 7,148 
Net income (loss) for fully diluted shares$63,983 $26,151 $80,085 $22,968 
Weighted-average shares:
Common stock outstanding177,230 170,088 177,717 172,767 
Partnership units(1)
68,316 79,371 70,549 77,792 
RSUs (Treasury stock method)5,714 5,138 4,576 4,398 
Newmark exchange shares414 373 337 419 
Fully diluted weighted-average shares of common stock outstanding251,674 254,970 253,179 255,376 
Fully diluted earnings per share$0.25 $0.10 $0.32 $0.09 
(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).