Filing Flows › CBRE Group (CBRE) › Q3 2026
CBRE Group (CBRE) Q3 2026 earnings results (third quarter 2026)
10-Q filed Oct 22, 2026
CBRE Group (CBRE) reported revenue of $11.5B for the third quarter 2026 (Q3 2026), +13% from a year earlier and +3% from the quarter before. Operating margin was 4.9%, net earnings $443M (3.8% of revenue).
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.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $11.5B | +3% | +13% |
| Operating profit | $561M | +54% | +17% |
| Net earnings | $443M | +117% | +22% |
| Operating cash flow | $869M | +530% | +5% |
| Free cash flow | $743M | 31× | 0% |
What changed
Revenue was $11.5B in Q3 2026, up 13% year over year and up 3% from the previous quarter. Facilities management was the largest line at 47% of revenue. Facilities management added $0.63B year over year (up 13%), 49% of the total change. Development services declined 23%.
Operating profit was $0.56B, a 4.9% margin (up 0.2 points year over year). Of the extra revenue versus Q3 2025, 6% reached operating profit, above the 5% margin then. Total costs grew 12% against revenue growth of 13%. The fastest-growing cost line was Cost of revenue (+13%). Net earnings were $0.44B, up 22% year over year. The effective tax rate was 21.4%.
Operating cash flow was $0.87B (up 5% year over year), 181% of net income including minority interests. Non-cash charges added back $0.18B of depreciation and amortization and $0.05B of share-based compensation. Working capital and other items added $0.15B. Capital expenditures of $0.13B left free cash flow of $0.74B.
Questions
What was CBRE Group's revenue in the third quarter 2026?
CBRE Group (CBRE) reported revenue of $11.5B for the third quarter 2026 (Q3 2026), +13% from a year earlier and +3% from the quarter before.
Was CBRE Group profitable in the third quarter 2026?
Operating profit was $561M (4.9% of revenue) and net earnings $443M.
Source: CBRE Group 10-Q on SEC EDGAR.