0001138118-26-000013
SEC filingCBRE Group, Inc. reported strong Q1 2026 results with revenue up 19% to $10.5 billion and Core EPS up 81% to $1.61, raising its full-year 2026 Core EPS outlook to a range of $7.60 to $7.80.
CBRE Group, Inc. delivered exceptional first-quarter 2026 results, characterized by broad-based growth across both its Resilient and Transactional business lines. Revenue climbed 19% to $10.5 billion, while Core EPS surged 81% to $1.61, significantly outpacing top-line growth and demonstrating strong operating leverage. The Advisory Services segment was a standout, with segment operating profit rising 34% driven by a 43% increase in global property sales revenue and a 53% jump in mortgage origination. The Building Operations & Experience segment also contributed meaningfully, posting a 28% increase in operating profit, bolstered by 71% growth in critical infrastructure services related to data centers and the recent acquisition of Pearce Services. A notable highlight was the Real Estate Investments segment, where operating profit exceeded expectations due to the earlier-than-anticipated recognition of profits from the data center land development program. This strong performance prompted management to raise the full-year 2026 Core EPS outlook to a range of $7.60 to $7.80, representing over 20% growth at the midpoint. Financially, the company remains robust, maintaining a low net leverage ratio of 1.54x and holding approximately $4.4 billion in liquidity. The company also returned capital to shareholders, repurchasing nearly $540 million of stock year-to-date.