NMRK — what changed in the latest 10-Q
A section-by-section comparison of NMRK's newest periodic SEC filing (10-K/10-Q) against the prior same-form filing: paragraphs added and removed per section, with verbatim excerpts. Purely a deterministic text diff — no similarity scores, no directional read, not investment advice.
Comparing 10-Q · 2026-08-07 vs the prior 10-Q · 2026-05-08
| Section | Outcome | Added | Removed | Minor | Unchanged |
|---|---|---|---|---|---|
| MD&A | Text added/removed | +58 | −43 | ~57 | 91 |
| Market risk (Item 3) | Text added/removed | 0 | 0 | ~3 | 4 |
| Controls & procedures | Text added/removed | 0 | 0 | ~2 | 0 |
| Legal proceedings | No paragraph-level changes | 0 | 0 | 0 | 1 |
| Risk factors | No material changes reported (points to the 10-K) | — | — | — | — |
| Other information | Text added/removed | 0 | −2 | ~1 | 0 |
Counts are paragraphs; added/removed means text added or removed vs the prior filing — no direction or judgement implied.
Representative excerpts
Up to 5 excerpts of about 300 characters per section, quoted verbatim from the two SEC filings.
MD&A
Text added vs the prior filing · source: 10-Q · 2026-08-07
U.S. industry office leasing activity (for deals over 10,000 square feet) totaled just over 55 million square feet in the second quarter of 2026. This represented a 9.1% improvement year-over-year, but was roughly 30% below the average for 2018 and 2019. The continuing recovery was geographically di…
New U.S. industrial leasing activity continued its momentum in the second quarter of 2026, growing by nearly 29% versus the second quarter of 2025. While it was a relatively easy year-on-year comparison, this was the best quarter of new industrial leasing volume since the third quarter of 2022, led …
U.S. retail leasing activity for centers and properties of at least 20,000 square feet fell to 27.5 million square feet in the second quarter of 2026, which was approximately 34% below the trailing ten-year average. Among major markets, Dallas-Fort Worth, Phoenix, and Houston remain the most active.…
Newmark faced challenging year-on-year comparisons in the second quarter of 2026 due to our approximately 135% improvement in Total Debt volumes in the year earlier period, which included the $7.1 billion AI data center construction loan related to the Stargate Project. On a trailing twelve month ba…
While we still generate the large majority our Capital Markets volumes in the U.S., we expect to further expand international offerings across investment sales, equity advisory, mortgage brokerage, and debt placement as we continue to invest in non-U.S. talent.
Text removed vs the prior filing · source: 10-Q · 2026-05-08
U.S. overall office leasing activity (for deals over 10,000 square feet) totaled nearly 60 million square feet in the first quarter of 2026. This represented a 7.5% improvement year-over-year and was the best performance since the fourth quarter of 2023. The continuing recovery was geographically di…
New U.S. industrial leasing activity continued its momentum in the first quarter of 2026, growing by more than 12% year-on-year, led by large modern warehouses and distribution centers. This represented the best quarter of new leasing volume since the third quarter of 2022. Tenants in many metropoli…
U.S. retail leasing activity for centers and properties of at least 20,000 square feet fell to 27.5 million square feet in the first quarter of 2026, which was approximately 33% below the trailing ten-year average. Retailers continue to find it difficult to locate space in prime assets, as retail ce…
Based on their analysis of historical figures from the MBA and MSCI lending data, Newmark Research estimates that U.S. commercial and multifamily originations increased by 29% and 40%, respectively, in the three and twelve months ending March 31, 2026 versus a year earlier. In comparison, Newmark in…
“Commitments and Contingencies” to our accompanying unaudited condensed consolidated financial statements included in Part I, Item 1 of this Quarterly Report on Form 10-Q.
Other information
Text removed vs the prior filing · source: 10-Q · 2026-05-08
The Board of Directors of the Company has changed the date of the Company’s 2025 Annual Meeting of Stockholders (“Annual Meeting”) to September 16, 2026. The exact time and place of the 2026 Annual Meeting will be specified in our Notice of 2026 Annual Meeting and related proxy statement for the 202…
Because the date of the 2026 Annual Meeting is more than 30 days from the first anniversary of our 2025 Annual Meeting, there is a new deadline for the receipt of any stockholder proposals submitted for the 2026 Annual Meeting. If a stockholder desires to present a proposal for inclusion in our prox…
How to read Risk Factors (Item 1A) in a 10-Q
A 10-Q risk-factor section usually takes one of three forms; this page classifies it as one of:
- Pointer — the filer states there have been no material changes and points back to the annual 10-K risk factors; there is no own risk text to compare this quarter.
- Partial update — the filer carves out specific updated risks ("except as set forth below"); the excerpts show exactly what is new this quarter.
- Restated in full — the quarter carries the complete risk-factor text. When the prior quarter was only a pointer there is no prior full text to diff against, so the page flags the section as restated instead.
This describes the filing structure only — it is never a judgement on whether risk went up or down.
Source: text-level diff of the two SEC EDGAR filings · deterministic (no AI-generated content) · for reference only · not investment advice