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CBRE Group (CBRE) operating margin by quarter

CBRE Group's operating margin was 4.9% in Q3 2026 (third quarter 2026), +1.6 pts from Q2 2026. Over the last 7 quarters it ranged from 3.1% (Q1 2025) to 5.3% (Q4 2025).

CBRE Group operating margin by quarterCBRE Group operating margin by quarter3.1%Q1 20253.8%Q2 20254.7%Q3 20255.3%Q4 20254.9%Q1 20263.3%Q2 20264.9%Q3 2026
QuarterOperating marginQ/QY/Y
Q3 20264.9%+1.6 pts+0.2 pts
Q2 20263.3%-1.6 pts-0.6 pts
Q1 20264.9%-0.4 pts+1.7 pts
Q4 20255.3%+0.6 pts—
Q3 20254.7%+0.9 pts—
Q2 20253.8%+0.7 pts—
Q1 20253.1%——

Q3 2026 at a glance

CBRE Group, Q3 2026: revenue $11.5B (+13% year over year), operating margin 4.9%, net earnings $443M, operating cash flow $869M. The chart follows the revenue to costs, profit and cash.

Questions

What is CBRE Group's operating margin?

CBRE Group's operating margin was 4.9% in Q3 2026 (third quarter 2026), +1.6 pts from Q2 2026.

How has CBRE Group's operating margin changed?

Over the last 7 quarters it ranged from 3.1% (Q1 2025) to 5.3% (Q4 2025).

Q3 2026 results → · How CBRE Group makes money →