CBRE Group reported consolidated net income of $363 million for Q3 2025 on revenue of $10.3 billion, compared to consolidated net income of $225 million on revenue of $9.0 billion in the prior year. Revenue increased 13.5%.

1. 01

   CBRE Group reported consolidated net income of $363 million for Q3 2025 on revenue of $10.3 billion, compared to consolidated net income of $225 million on revenue of $9.0 billion in the prior year. Revenue increased 13.5%.

2. 02

   The company cited growth in leasing activity led by office, industrial and data center space, increased revenue from commercial mortgage origination and property sales, and continued growth in the BOE segment as factors driving the Q3 revenue increase. Foreign currency translation had a 1.7% positive impact on revenue.

3. 03

   CBRE Group said operating, administrative and other expenses as a percentage of revenue decreased to 12.9% in Q3 from 13.7% in the prior year. The company also said its effective tax rate decreased to 18.7% from 21.5% in the prior year.

4. 04

   The company said net cash provided by operating activities for the 9 months ended September 30, 2025 was $338 million, and it repurchased 5,185,163 shares for a total of $663 million during the period. It did not repurchase any shares during Q3.

Key figures

Quarter ended September 30, 2025

Revenue

$10.1B

Operating income

$481M

Net income

$363M

EPS

$1.21

Analysis scope · Management's discussion (MD&A)We analyzed excerpts of the Management's Discussion and Analysis (MD&A) section (with omissions). Other sections of the report, such as the notes to the financial statements and risk factors, were not reviewed.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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