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CBRE Group, Inc. Reports Financial Results for Q3 2026
DALLAS, October 22, 2026–(BUSINESS WIRE)–CBRE Group, Inc. (NYSE: CBRE) today reported financial results for the third quarter ended September 30, 2026.
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GAAP EPS up 26% to $1.52 and Core EPS up 28% to $2.05
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Revenue up 13% to $11.5 billion
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Infrastructure services revenue up 50% to $4.5 billion on a trailing 12-month basis
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Cash flow from operations of $1.4 billion and free cash flow of $1.8 billion, both on a trailing 12-month basis
“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.”
Consolidated Financial Results Overview
The following table presents highlights of CBRE performance (dollars in millions, except per share data):
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Cash flow provided by operations |
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Gain on disposition of real estate |
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The following table presents highlights of the Advisory Services segment performance (dollars in millions):
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Revenue and segment operating profit increased by 11% (same local currency) and 16% (same local currency), respectively.
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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).
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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).
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Mortgage origination revenue edged up 1% (same local currency). Increased activity with private capital sources was largely offset by lower government agency lending.
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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.
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Valuations revenue rose 6% (same local currency), driven by the U.S.