0001138118-26-000015
SEC filingQ1 delivered strong 18% revenue growth to $10.5B and operating income nearly doubled to $511M, reflecting robust business expansion despite higher operating costs and seasonal working capital outflows.
CBRE Group reported robust Q1 2026 results with revenue of $10.5 billion, up 18% from $8.9 billion in the prior year quarter. This growth reflects strong performance across core businesses, fueled by market recovery in leasing, sales, and project management services. The increase demonstrates effective execution in a recovering commercial real estate environment, where higher transaction volumes and business expansion drove topline momentum.
Net income climbed 95% to $318 million, with diluted EPS advancing 98% to $1.07 from $0.54, underscoring the strength of core earnings growth. The increase in net cash used in operating activities to $825 million from $546 million was driven by net outflows from working capital movements, largely higher accounts receivable due to timing of cash collections, partially offset by vendor payment timing. This seasonal pattern highlights the impact of rapid growth on cash conversion, though underlying operations remain solid.