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Jones Lang Lasalle (JLL) earnings and revenue breakdown
Latest: Q3 2026 · 10-Q filed Oct 28, 2026 · Jones Lang Lasalle (JLL) Q3 2026 earnings results →
Q3 2026 Revenue up 12% year over year to $7.3B · 4¢ of every $1 of revenue kept as net profit · operating margin 5.4%
Jones Lang Lasalle made $7.3B in Q3 2026 (+12% Y/Y): Real Estate Management Services $5.5B, Leasing Advisory $942M, Capital Markets Services $737M. Operating margin 5.4%, net earnings $319M. See where every dollar goes — costs, profit and cash — as a Sankey from the 10-Q filed Oct 28, 2026.
Drawing the Sankey…
Open the interactive Sankey → click any line for what the company wrote about it, compare Y/Y and Q/Q, export as PNG or PDF
What changed this quarter
Revenue was $7.3B in Q3 2026, up 12% year over year and up 5% from the previous quarter. Real Estate Management Services was the largest line at 76% of revenue. Real Estate Management Services added $0.46B year over year (up 9%), 59% of the total change. Investment Management declined 9%.
Operating profit was $0.39B, a 5.4% margin (up 1.2 points year over year). Of the extra revenue versus Q3 2025, 15% reached operating profit, above the 4% margin then. Total costs grew 10% against revenue growth of 12%. Net earnings were $0.32B, up 44% year over year. The effective tax rate was 19.3%.
Operating cash flow was $0.61B (down 1% year over year), 191% of net earnings. Non-cash charges added back $0.06B of depreciation and amortization and $100K of share-based compensation. Working capital and other items added $0.23B.
Quarterly history
| Quarter | Form | Filed | Revenue | Y/Y | Op. margin | Net earnings | Op. cash flow |
|---|---|---|---|---|---|---|---|
| Q3 2026 | 10-Q | Oct 28, 2026 | $7.3B | +12% | 5.4% | $319M | $610M |
| Q2 2026 | 10-Q | Jul 30, 2026 | $6.9B | +11% | 4.2% | $214M | $488M |
| Q1 2026 | 10-Q | Apr 30, 2026 | $6.4B | +11% | 3.2% | $159M | −$755M |
| Q4 2025 | 10-K | Feb 19, 2026 | $7.6B | +12% | 6.7% | $402M | $1.0B |
| Q3 2025 | 10-Q | Nov 5, 2025 | $6.5B | +11% | 4.2% | $222M | $617M |
| Q2 2025 | 10-Q | Aug 6, 2025 | $6.3B | +11% | 3.2% | $110M | $333M |
| Q1 2025 | 10-Q | May 7, 2025 | $5.7B | +12% | 2.1% | $57.5M | −$768M |
Charts
Interactive views
The same charts as the app — open one to draw it.
💵Where each $1 goesinteractive
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🌏Named in Asian annual reportsinteractive
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🔄Rotation against the market and its industry (RRG)interactive
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🔍Earnings qualityinteractive
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⚖️Fair value by methodinteractive
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🔭Outlook & guidanceinteractive
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📈Investments: gains and what it boughtinteractive
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🏭Its industry’s money flow (input-output)interactive
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About Jones Lang Lasalle
Jones Lang LaSalle Incorporated, incorporated in 1997, is a Maryland corporation. References to "JLL," "the Company," "we," "us" and "our" refer to Jones Lang LaSalle Incorporated and include all of its consolidated subsidiaries, unless otherwise indicated or the context requires otherwise. Our common stock is listed on The New York Stock Exchange ("NYSE") under the symbol "JLL." JLL is a leading global commercial real estate services and investment management company with annual revenue of $26.1 billion, operations in over 80 countries and a global workforce of more than 113,000 as of December 31, 2025. For over 200 years, clients have trusted JLL, a Fortune 500 ® company, to help them confidently buy, build, occupy, manage and invest across a variety of industries and property types, including office, industrial, hotel, multi-family, retail and data center properties.
In its own words, from its 10-K, filed Feb 19, 2026.
Jones Lang Lasalle against its Real Estate Agents & Managers (For Others) peers
The largest companies of the same SEC industry, each at its latest quarter. Revenue growth: +12% against the peers' median +12%. Operating margin: 5.4% against the peers' median 0.2%.
| Company | Quarter | Revenue | Y/Y | Op. margin |
|---|---|---|---|---|
| JLL Jones Lang Lasalle | Q3 2026 | $7.3B | +12% | 5.4% |
| COMP Compass | Q3 2026 | $3.9B | +111% | 2.2% |
| AGNT Agnt | Q3 2026 | $1.4B | +6% | 0.2% |
| VAC Marriott Vacations Worldwide | Q3 2026 | $1.4B | +8% | 11.2% |
| OPEN Opendoor Technologies | Q3 2026 | $1.0B | +12% | -18.3% |
| NMRK Newmark Group | Q3 2026 | $973M | +13% | 8.8% |
| REAX Real Remax Group | Q3 2026 | $728M | +28% | -9.9% |
| DOUG Douglas Elliman | Q2 2026 | $283M | +4% | -1.2% |
| MMI Marcus & Millichap | Q3 2026 | $208M | +8% | -0.4% |
Source: Jones Lang Lasalle 10-Q on SEC EDGAR · CIK 1037976 · Real Estate Agents & Managers (For Others)
Guidance and outlook
13F: who owns JLL and who is buying
More on JLL
- How Jones Lang Lasalle makes money: revenue by segment
- Jones Lang Lasalle next earnings date and what analysts expect
- Jones Lang Lasalle stock forecast, price target and fair value
- Who owns Jones Lang Lasalle stock: holders, funds and Congress trades
- Jones Lang Lasalle guidance and outlook
- Is Jones Lang Lasalle a takeover target? LBO and rumors
History
Every quarter: Q3 2026 results · Q2 2026 results · Q1 2026 results · Q4 2025 results · Q3 2025 results · Q2 2025 results · Q1 2025 results
- Jones Lang Lasalle guidance history: guided vs reported
- Jones Lang Lasalle operating margin by quarter
- Jones Lang Lasalle net income by quarter
- Jones Lang Lasalle Real Estate Management Services revenue by quarter
- Jones Lang Lasalle Leasing Advisory revenue by quarter
- Jones Lang Lasalle Capital Markets Services revenue by quarter