Filing Flows › CBRE Group (CBRE) › Q2 2026
CBRE Group (CBRE) Q2 2026 earnings results (second quarter 2026)
10-Q filed Jul 29, 2026
CBRE Group (CBRE) reported revenue of $11.2B for the second quarter 2026 (Q2 2026), +16% from a year earlier and +7% from the quarter before. Operating margin was 3.3%, net earnings $204M (1.8% of revenue).
CBRE Group, Q2 2026: revenue $11.2B (+16% year over year), operating margin 3.3%, net earnings $204M, operating cash flow $138M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $11.2B | +7% | +16% |
| Operating profit | $365M | -29% | -2% |
| Net earnings | $204M | -36% | -5% |
| Operating cash flow | $138M | — | +142% |
| Free cash flow | $24.0M | — | — |
What changed
Revenue was $11.2B in Q2 2026, up 16% year over year and up 7% from the previous quarter. Facilities management was the largest line at 47% of revenue. Facilities management added $0.53B year over year (up 11%), 35% of the total change. Development services declined 37%.
Operating profit was $0.36B, a 3.3% margin (down 0.6 points year over year). Operating profit fell $0.01B even though revenue rose $1.5B versus Q2 2025, so costs grew faster than sales. Total costs grew 16% against revenue growth of 16%. The fastest-growing cost line was Other operating costs (+23%). Net earnings were $0.20B, down 5% year over year. The effective tax rate was 21.6%.
Operating cash flow was $0.14B (up 142% year over year), 56% of net income including minority interests. Non-cash charges added back $0.19B of depreciation and amortization and $0.06B of share-based compensation. Working capital and other items used $0.36B. Capital expenditures of $0.11B left free cash flow of $0.02B.
Questions
What was CBRE Group's revenue in the second quarter 2026?
CBRE Group (CBRE) reported revenue of $11.2B for the second quarter 2026 (Q2 2026), +16% from a year earlier and +7% from the quarter before.
Was CBRE Group profitable in the second quarter 2026?
Operating profit was $365M (3.3% of revenue) and net earnings $204M.
Source: CBRE Group 10-Q on SEC EDGAR.