News: CBRE Group, Inc. Reports Financial Results for Q1 2026
23/04/2026
DALLAS (BusinessWire) -- CBRE Group, Inc. (NYSE: CBRE) today reported financial results for the first quarter ended March 31, 2026.
Key Highlights:
- GAAP EPS up 98% to $1.07 and Core EPS up 81% to $1.61
- Revenue up 19% to $10.5 billion
- Resilient Businesses(1) revenue up 18%
- Transactional Businesses(1) revenue up 22%
- Cash flow from operations of nearly $1.3 billion and free cash flow of nearly $1.7 billion on a trailing 12-month basis
- 2026 core EPS outlook raised to $7.60 to $7.80 from $7.30 to $7.60, reflecting more than 20% growth at midpoint of new range
"CBRE continued to generate strong financial results while making important strategic gains during the first quarter of 2026. Together, our three services segments – Advisory, Building Operations & Experience and Project Management – grew revenue by 20% and operating profit by nearly 30%. Additionally, profits from our data center land development program were delivered earlier in the year than anticipated," said Bob Sulentic, CBRE's chair and chief executive officer.
"We had strong growth from both our Resilient and Transactional Businesses during the quarter. Notably, our work related to infrastructure assets, consisting of the services we perform for data centers as well as power, telecom and transportation assets, among others, has become a source of significant profits and growth spanning all four business segments," Mr. Sulentic added.