Filing Flows › Jones Lang Lasalle (JLL) › Q1 2026
Jones Lang Lasalle (JLL) Q1 2026 earnings results (first quarter 2026)
10-Q filed Apr 30, 2026
Jones Lang Lasalle (JLL) reported revenue of $6.4B for the first quarter 2026 (Q1 2026), +11% from a year earlier and -16% from the quarter before. Operating margin was 3.2%, net earnings $159M (2.5% of revenue).
Jones Lang Lasalle, Q1 2026: revenue $6.4B (+11% year over year), operating margin 3.2%, net earnings $159M, operating cash flow −$755M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $6.4B | -16% | +11% |
| Operating profit | $205M | -60% | +70% |
| Net earnings | $159M | -60% | +177% |
| Operating cash flow | −$755M | -175% | — |
What changed
Revenue was $6.4B in Q1 2026, up 11% year over year and down 16% from the previous quarter. Real Estate Management Services was the largest line at 79% of revenue. Real Estate Management Services added $0.44B year over year (up 9%), 69% of the total change.
Operating profit was $0.20B, a 3.2% margin (up 1.1 points year over year). Of the extra revenue versus Q1 2025, 13% reached operating profit, above the 2% margin then. Total costs grew 10% against revenue growth of 11%. Net earnings were $0.16B, up 188% year over year. The effective tax rate was 19.3%.
Operating cash flow was −$0.76B. Non-cash charges added back $0.06B of depreciation and amortization and $200K of share-based compensation. Working capital and other items used $1.0B.
Questions
What was Jones Lang Lasalle's revenue in the first quarter 2026?
Jones Lang Lasalle (JLL) reported revenue of $6.4B for the first quarter 2026 (Q1 2026), +11% from a year earlier and -16% from the quarter before.
Was Jones Lang Lasalle profitable in the first quarter 2026?
Operating profit was $205M (3.2% of revenue) and net earnings $159M.
Source: Jones Lang Lasalle 10-Q on SEC EDGAR.