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How CBRE Group (CBRE) makes money
CBRE Group (CBRE) made $11.5B of revenue in the third quarter 2026 (Q3 2026), +13% from a year earlier. Facilities management brought in $5.4B (47%); Project management brought in $2.0B (18%); Advisory leasing brought in $1.2B (11%). Of every dollar of revenue, 5¢ was left as operating profit, 4¢ was left as net earnings.
Drawing the Sankey…
Revenue by segment, Q3 2026
| Segment | Revenue | Share | Q/Q | Y/Y |
|---|---|---|---|---|
| Facilities management | $5.4B | 46.9% | +2% | +13% |
| Project management | $2.0B | 17.7% | -0.5% | +3% |
| Advisory leasing | $1.2B | 10.5% | -1% | +6% |
| Critical infrastructure | $744M | 6.5% | +10% | +80% |
| Advisory sales | $697M | 6.1% | +26% | +28% |
| Property management | $693M | 6.0% | -0.3% | +7% |
| Valuation | $206M | 1.8% | -6% | +6% |
| Investment management | $154M | 1.3% | +3% | +4% |
| Other revenues | $110M | 1.0% | -2% | -16% |
| Other portfolio services | $98.0M | 0.9% | +11% | +10% |
| Commercial mortgage origination | $78.0M | 0.7% | +16% | +34% |
| Development services | $47.0M | 0.4% | +7% | -23% |
| Loan servicing | $41.0M | 0.4% | +5% | +2% |
Where each dollar of revenue goes
| Line | Q3 2026 | % of revenue |
|---|---|---|
| Revenue | $11.5B | 100.0% |
| Operating profit | $561M | 4.9% |
| Income tax | $131M | 1.1% |
| Net earnings | $443M | 3.8% |
| Operating cash flow | $869M | 7.5% |
| Free cash flow | $743M | 6.5% |
Revenue, quarter by quarter
| Quarter | Revenue | Y/Y |
|---|---|---|
| Q3 2026 | $11.5B | +13% |
| Q2 2026 | $11.2B | +16% |
| Q1 2026 | $10.5B | +19% |
| Q4 2025 | $11.7B | +13% |
| Q3 2025 | $10.2B | +13% |
| Q2 2025 | $9.7B | +16% |
| Q1 2025 | $8.9B | +12% |
From CBRE Group's 10-Q filed Oct 22, 2026 (on EDGAR).
Questions
How does CBRE Group make money?
CBRE Group (CBRE) made $11.5B of revenue in the third quarter 2026 (Q3 2026), +13% from a year earlier. Facilities management brought in $5.4B (47%); Project management brought in $2.0B (18%); Advisory leasing brought in $1.2B (11%). Of every dollar of revenue, 5¢ was left as operating profit, 4¢ was left as net earnings.
What is CBRE Group's biggest business?
Facilities management: $5.4B in the third quarter 2026, 47% of revenue, +13% from a year earlier.
What is CBRE Group's profit margin?
Net earnings were $443M, 3.8% of revenue, in the third quarter 2026; the operating margin was 4.9%.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.