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Stock Transactions and Unit Purchases (Tables) | 12 Months Ended
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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,
|  |  |  |  |  | 2025 |  | 2024 |  | 2023
Shares outstanding at beginning of period |  |  |  |  |  | 149,506,832 |  |  | 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 |
Other |  |  |  |  |  | 388,438 |  |  | 474 |  |  | (501,694) |
Treasury stock repurchases |  |  |  |  |  | (10,973,933) |  |  | (17,729,096) |  |  | (5,785,370) |
Shares outstanding at end of period |  |  |  |  |  | 160,656,704 |  |  | 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 Repurchases | 10,973,933 |  |  | $ | 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, 2025 |  | December 31, 2024
Balance at beginning of period: | $ | 13,900 |  |  | $ | 16,244 |
Income allocation | 1,620 |  |  | 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 |

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