0001171843-26-000984
SEC filingColliers International Group Inc. (CIGI), a leading global diversified professional services and investment management firm, filed a Form 40-F with the SEC on February 20, 2026, for its fiscal year ended December 31, 2025. As a foreign private issuer (FPI) listed on the Toronto Stock Exchange and NASDAQ, the Form 40-F serves as the annual report equivalent to Form 10-K for U.S. domestic issuers, incorporating by reference its Canadian financial statements and disclosures filed on SEDAR+. The filing includes audited consolidated financial statements prepared under IFRS, management's discussion and analysis (MD&A), and certifications from the CEO and CFO. Key highlights from the referenced annual information form and financials indicate robust revenue growth driven by strong performance in its core segments: Colliers (brokerage, advisory, and management services), Colliers Capital (investment management), and other operations across EMEA, Americas, and Asia Pacific. The company reported record transaction volumes, expanded market share, and strategic acquisitions enhancing its platform. Despite macroeconomic headwinds such as interest rate volatility and geopolitical uncertainties, CIGI demonstrated resilience with improved adjusted EBITDA margins and disciplined capital allocation, including share repurchases and debt management. Risk factors highlighted include market cyclicality, regulatory changes in real estate, and talent retention challenges. Governance disclosures affirm compliance with Canadian corporate standards and U.S. listing requirements, with no material legal proceedings or changes in control. Overall, the filing underscores Colliers' strategic positioning for sustained growth in the commercial real estate services sector.