AI English summary of an SEC filing — figures as filed
The company reported net income attributable to CBRE Group, Inc. of $443 million and revenue of $11.5 billion for the quarter ended September 30, 2026, and said revenue rose 12.7%.
Key points
AI summaryThe company reported net income attributable to CBRE Group, Inc. of $443 million and revenue of $11.5 billion for the quarter ended September 30, 2026, and said revenue rose 12.7%.
CBRE said revenue for Q3 increased on double-digit growth in the Advisory Services and BOE segments and single-digit growth in the Project Management segment, while revenue in the REI segment declined. It said cost of revenue, excluding pass-through costs, rose 14.9% and was 40.8% of revenue, compared with 40.0% a year earlier.
The company said its gain on disposition of real estate rose $148 million in Q3, driven by higher sales of real estate development assets in the REI segment. Equity income from unconsolidated subsidiaries was approximately $104 million, compared with $52 million in Q3.
The company said it had cash of $1.7 billion as of September 30, 2026 and $3.3 billion of borrowings available under its revolving credit facilities. It repurchased 1,521,085 shares during Q3 at an average price of $142.74 for a total of $217 million, and $3.7 billion remained under its 2024 program.
Summary
AI-writtenAnalysis 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.
CBRE Group Net Income and Revenue for Q3 2026
The company reported net income attributable to CBRE Group, Inc. of $443 million and revenue of $11.5 billion for the quarter ended September 30, 2026, and said revenue rose 12.7%.
Source · Based on the MD&A text of the filing
Segment Revenue and Cost of Revenue Mix for Q3
CBRE said revenue for Q3 increased on double-digit growth in the Advisory Services and BOE segments and single-digit growth in the Project Management segment, while revenue in the REI segment declined. It said cost of revenue, excluding pass-through costs, rose 14.9% and was 40.8% of revenue, compared with 40.0% a year earlier.
Source · Based on the MD&A text of the filing
Gain on Real Estate Disposition and Equity Income
The company said its gain on disposition of real estate rose $148 million in Q3, driven by higher sales of real estate development assets in the REI segment. Equity income from unconsolidated subsidiaries was approximately $104 million, compared with $52 million in Q3.
Source · Based on the MD&A text of the filing
Liquidity and Share Repurchases
The company said it had cash of $1.7 billion as of September 30, 2026 and $3.3 billion of borrowings available under its revolving credit facilities. It repurchased 1,521,085 shares during Q3 at an average price of $142.74 for a total of $217 million, and $3.7 billion remained under its 2024 program.
Source · Based on the MD&A text of the filing
Structured SEC financial data for this filing is not available yet. Please check the figures in the SEC filing.
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
The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.
Loading the filing text…