Form 10-Q · Quarterly report
CBRE Group 10-Q, filed Oct 22, 2026
- Filed
- CIK
- 0001138118
- Accession no.
- 0001138118-26-000031
Summary
CBRE Group reported third-quarter 2026 revenue of $11.5 billion, up 12.7% from a year earlier, with net income attributable to the company of $443 million versus $363 million, and nine-month revenue of $33.3 billion with net income of $965 million. Revenue growth was driven by double-digit gains in the Advisory Services and Building Operations & Experience segments, partly offset by a decline in the Real Estate Investments segment.
Key points
- Third-quarter Core EBITDA was $1,001 million, compared with $779 million a year earlier; nine-month Core EBITDA was $2,668 million versus $1,923 million.
- Interest expense, net of interest income, rose 24.0% in the quarter, primarily attributable to the issuance of $1.5 billion in senior notes.
- Nine-month operating, administrative and other expenses included an increased provision for fire safety remediation of buildings historically developed by subsidiary Telford Homes.
- Depreciation and amortization rose 26.9% in the quarter, reflecting higher amortization of intangibles from recent acquisitions such as Pearce.
Written by an AI model from the filing text. It can be incomplete or wrong; the filing on SEC.gov is the record.
From the filing
Item 2.Management’s Discussion Results of Operations The following table sets forth items derived from our consolidated statements of operations for the three and nine months ended September 30, 2026 and 2025 (dollars in millions): Three Months Ended September 30, (1) Nine Months Ended September 30, (1) 2026 2025 2026 2025 Revenue: Facilities management $5,401 46.9% $4,771 46.7% $15,941 47.9% $14,024 48.7% Property management 711 6.2% 657 6.4% 2,094 6.3% 1,889 6.6% Critical infrastructure 744 6.5% 414 4.1% 1,998 6.0% 1,155 4.0% Project management 2,035 17.7% 1,978 19.4% 5,918 17.8% 5,289 18.4% Advisory leasing 1,213 10.5% 1,144 11.2% 3,477 10.5% 3,001 10.4% Valuation 206 1.8% 194 1.9% 626…
An excerpt of the text as filed with the SEC, cut for length.
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