Newmark CEO Barry Gosin shrugged off the artificial intelligence fears that have plagued other brokerages as his company posted record quarterly and full-year revenue and quarterly net income up more than 40% year-over-year.

Gosin played offense against anxiety about AI and its potential impacts on the commercial real estate market, and space utilization in general, after fears around the technology rocked the stocks of top brokerages earlier this month.

"I see AI as an accelerant," Gosin said on an earnings call Wednesday. "For us, I believe this is really a gift."

Gosin described AI as "an enabler for the great talent that we have to do more and to expand more," adding that for a company of Newmark's size, he anticipates the technology will be an accelerant.

Newmark's net income in the fourth quarter was $92.9M, up 41.4% from the $65.7M it posted at the end of 2024.

For the full fiscal year 2025, it posted net income of $173M, up 182.5% from the same period the year before, according to its most recent earnings report.

Newmark's total revenues were up 15.3% to a record high of just over $1B, compared with $872.7M in the fourth quarter of 2024.

"Newmark achieved record quarterly and full-year revenues, with strong gains in every major service line, as our annual top-line in management and servicing, leasing and capital markets each surpassed $1B," Gosin said.

"This led to a second consecutive year of double-digit revenue and earnings growth. Our momentum continued in the fourth quarter, as the Company increased revenues by 15%."

In capital markets, Newmark investment sales volumes were up 50%, beating 21% industry growth in the U.S. and 15% in Europe.

For the full year, its investment sales volumes were up 56%, surpassing 20% for overall U.S. volumes and 12% for Europe.

Newmark's debt arm also contributed to the positive quarter. Its annual origination volumes were up 67%, outpacing the U.S. industry’s 43% increase. On a quarterly basis, its debt volumes were up just 12% compared with 36% for overall U.S. originations. 

CORRECTION, FEB. 26, 7:50 A.M. PT: A previous version of this story reported Newmark's net income in billions instead of millions. The story has been updated.