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Jones Lang Lasalle (JLL) Q3 2026 earnings results (third quarter 2026)

10-Q filed Oct 28, 2026

Jones Lang Lasalle (JLL) reported revenue of $7.3B for the third quarter 2026 (Q3 2026), +12% from a year earlier and +5% from the quarter before. Operating margin was 5.4%, net earnings $319M (4.4% of revenue).

Revenue$7.3B
Year over year+12%
Quarter over quarter+5%
Operating margin5.4%
Net earnings$319M

Jones Lang Lasalle, Q3 2026: revenue $7.3B (+12% year over year), operating margin 5.4%, net earnings $319M, operating cash flow $610M. The chart follows the revenue to costs, profit and cash.

Q3 2026AmountQ/QY/Y
Revenue$7.3B+5%+12%
Operating profit$391M+34%+43%
Net earnings$319M+49%+43%
Operating cash flow$610M+25%-1%

What changed

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.

Questions

What was Jones Lang Lasalle's revenue in the third quarter 2026?

Jones Lang Lasalle (JLL) reported revenue of $7.3B for the third quarter 2026 (Q3 2026), +12% from a year earlier and +5% from the quarter before.

Was Jones Lang Lasalle profitable in the third quarter 2026?

Operating profit was $391M (5.4% of revenue) and net earnings $319M.

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Source: Jones Lang Lasalle 10-Q on SEC EDGAR.