CBRE Group CBRE
CBRE Group Group reports Q3 2026 results
Item 2.02 Reports results
- Form
- 8-K
- Filed
- Importance
- Major
- Accession
- 0001138118-26-000028
- Exhibit 99.1 includes financial results
Written from the 8-K on EDGAR. AI can make mistakes. Check the filing.
The reading, claim by claim
- Under Item 2.02, it says it issued a press release that day reporting financial results for the third quarter of 2026, furnished as Exhibit 99.1.
- Item 2.02 states the information, including Exhibit 99.1, shall not be deemed 'filed' for purposes of Section 18 of the Securities Exchange Act of 1934.
- Item 9.01 lists Exhibit 99.1 as the press release of third quarter 2026 results, plus the cover page interactive data file as Exhibit 104.
- The press release reports GAAP EPS up 26% to $1.52 and Core EPS up 28% to $2.05.
- Revenue was up 13% to $11.5 billion.
- Its table lists revenue of $11,517 million against $10,221 million in Q3 2025, and GAAP net income of $443 million against $363 million.
- By segment, the press release lists Advisory Services revenue of $2,441 million, Building Operations & Experience revenue of $6,856 million, and Project Management revenue of $2,035 million.
- Real Estate Investments revenue was $203 million, with segment operating profit of $166 million.
8 of 8 claims matched the filing text.
For perspective, checked against its own source
From the 10-Q for the quarter ended September 30, 2026
- In its 10-Q for the quarter ended September 30, 2026, CBRE reported net income of $443.0 million and revenue of $11.4 billion, a change of +13.1% from a year earlier.
- That filing also shows an operating margin of 4.9% and a net margin of 3.9%.
From the filing
Item 2.02 Results of Operations and Financial Condition
On October 22, 2026, the Company issued a press release reporting its financial results for the third quarter of 2026.1 1A copy of this press release is furnished as Exhibit 99.11 to this Current Report on Form 8-K.
The information contained herein, including Exhibit 99.1 hereto, shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 19342, as amended, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, except as expressly set forth by specific reference in such filing.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
Exhibit No. Description
99.1 * Press Release of Financial Results for the Third Quarter of 20263
104 Cover Page Interactive Data File (embedded within the Inline XBRL document)3
* Furnished herewith.
Signature
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Date: October 22, 2026
CBRE GROUP, INC.
By: /s/ ANDREW S . HORN
Andrew S. Horn
Deputy Chief Financial Officer (Principal Accounting Officer)
Press Release
FOR IMMEDIATE RELEASE
For further information:
Chandni Luthra - Investors
Steve Iaco - Media
Chandni.Luthra@cbre.com
Steven.Iaco@cbre.com
CBRE GROUP, INC. REPORTS FINANCIAL RESULTS FOR Q3 2026
Dallas – October 22, 2026 — CBRE Group, Inc. (NYSE: CBRE) today reported financial results for the third quarter ended September 30, 2026.
Key Highlights:
"CBRE produced another quarter of strong financial results and continued to make strategic gains in targeted areas of our business," said Bob Sulentic, CBRE's chair and chief executive officer. "Financially, core earnings per share improved 28% on a 13% revenue increase, with both resilient (1) and transactional (1) businesses growing by double digits. Strategically, we continued to advance both our Critical Infrastructure Services business line as well as the broader infrastructure services work we perform across the company."
CBRE Press Release
October 22, 2026
Consolidated Financial Results Overview
The following table presents highlights of CBRE performance (dollars in millions, except per share data):
% Change
Q3 2026
| Q3 | 2025 | |||
|---|---|---|---|---|
| USD LC | (2) | |||
| Operating Results | ||||
| Revenue6 | $11,5176 | $10,2216 | 12.7%6 | 12.9%6 |
| Pass-through costs (3) | 4,691 | 4,212 | 11.4% | 11.8% |
| GAAP net income6 | 4436 | 3636 | 22.0%6 | 23.4%6 |
| Core adjusted net income (4) | 599 | 481 | 24.5% | 25.6% |
| GAAP EPS | 1.52 | 1.21 | 25.6% | 27.3% |
| Core EPS (4) | 2.05 | 1.60 | 28.1% | 29.4% |
| Core EBITDA (5) | 1,001 | 779 | 28.5% | 29.1% |
| Cash Flow Results | ||||
| Cash flow provided by operations | $869 | $827 | 5.1% | |
| Gain on disposition of real estate | 184 | 36 | 411.1% | |
| Less: Capital expenditures | 126 | 84 | 50.0% | |
| Free cash flow | (6) | $927 | $779 | 19.0% |
Advisory Services Segment
| % Change | ||||
|---|---|---|---|---|
| Q3 | 2026 | |||
| Q3 | 2025 | |||
| USD LC | ||||
| Revenue7 | $2,4417 | $2,1997 | 11.0%7 | 11.2%7 |
| Pass-through costs | 16 | 14 | 14.3% | 14.3% |
| Segment operating profit (7) | 467 | 403 | 15.9% | 16.4% |
• Revenue and segment operating profit increased by 11% (same local currency) and 16% (same local currency), respectively.
• Global leasing revenue increased 6% (same local currency). EMEA revenue grew 21% (22% local currency), driven by the U.K. U.S. revenue rose 4% overall, led by industrial, up 16%, while office was down 2%. APAC revenue was up 2% (same local currency).
• Global property sales revenue rose 28% (29% local currency). U.S. revenue was up 37%, driven by accelerated growth in industrial and retail. APAC revenue rose 10% (14% local currency), while EMEA revenue grew 8% (9% local currency).
• Mortgage origination revenue edged up 1% (same local currency). Increased activity with private capital sources was largely offset by lower government agency lending.
• The loan servicing portfolio rose 8% during the quarter to more than $500 billion. Revenue was down slightly as lower escrow income offset higher loan servicing fees.
• Valuations revenue rose 6% (same local currency), driven by the U.S.
CBRE Press Release
October 22, 2026
Building Operations & Experience (BOE) Segment
| % Change | ||||
|---|---|---|---|---|
| Q3 | 2026 | |||
| Q3 | 2025 | |||
| USD LC | ||||
| Revenue7 | $6,8567 | $5,8427 | 17.4%7 | 17.5%7 |
| Pass-through costs | 3,641 | 3,118 | 16.8% | 17.1% |
| Segment operating profit | 349 | 289 | 20.8% | 21.1% |
• Revenue and segment operating profit increased by 17% (18% local currency) and 21% (same local currency), respectively.
• Revenue from critical infrastructure services surged 80% (same local currency), driven by continued strong growth in data center services solutions and contributions from Pearce Services, acquired in November 2025.
• Facilities management revenue rose 13% (same local currency). Solid double-digit growth was achieved in both the enterprise business, led by technology, financial services and energy clients, and the local business, driven by the Americas, Asia Pacific and Western Europe.
• Property management revenue rose 8% (same local currency).
Project Management Segment
| % Change | ||||
|---|---|---|---|---|
| Q3 | 2026 | |||
| Q3 | 2025 | |||
| USD LC | ||||
| Revenue7 | $2,0357 | $1,9787 | 2.9%7 | 3.2%7 |
| Pass-through costs | 1,034 | 1,080 | (4.3)% | (3.8)% |
| Segment operating profit | 162 | 148 | 9.5% | 9.5% |
• Revenue increased by 3% (same local currency), while pass-through costs declined 4% (same local currency).
• Growth was driven by continued strong demand for program management and cost consulting services for infrastructure assets.
• The overall growth rate was tempered by a slowdown in corporate capital spending on real estate.
• Segment operating profit increased 9% (10% local currency), including a one-time cost in APAC that lowered the growth rate by six percentage points.
CBRE Press Release
October 22, 2026
Real Estate Investments (REI) Segment
The following table presents highlights of the REI segment performance (dollars in millions):
% Change
Q3 2026
Real
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