Financial Statements — CBRE
Balance Sheet
(in billions USD)| Metric | Q1
2026 | Q3
2025 | Q2
2025 | Q1
2025 | Q3
2024 | Q2
2024 | Q1
2024 | Q3
2023 | Q2
2023 | Q1
2023 | Q3
2022 | Q2
2022 | Q1
2022 | Q3
2021 | Q2
2021 | Q1
2021 |
|---|
| Cash & Equivalents | 1.66 | 1.67 | 1.40 | 1.38 | 1.02 | 0.93 | 1.04 | 1.25 | 1.26 | 1.23 | 1.13 | 1.19 | 1.66 | 2.77 | 2.14 | 1.91 |
| Total Current Assets | 12.73 | 12.57 | 11.96 | 10.83 | 10.62 | 9.65 | 9.44 | 9.33 | 9.47 | 9.05 | 8.59 | 8.87 | 9.33 | 10.08 | 8.89 | 7.91 |
| Real Estate Assets | 1.04 | 0.98 | 0.97 | 0.95 | 0.94 | 0.90 | 0.90 | 0.85 | 0.85 | 0.83 | 0.77 | 0.78 | 0.79 | 0.72 | 0.74 | 0.77 |
| Total Assets | 30.17 | 28.57 | 27.69 | 26.37 | 24.85 | 23.46 | 22.96 | 21.69 | 21.73 | 21.03 | 20.22 | 20.44 | 21.14 | 19.73 | 18.46 | 17.25 |
| Total Current Liabilities | 11.75 | 11.15 | 10.62 | 10.87 | 9.43 | 8.63 | 8.23 | 7.87 | 8.15 | 8.72 | 7.76 | 7.62 | 7.79 | 7.44 | 6.40 | 5.77 |
| Long-term Debt | 5.02 | 4.32 | 4.34 | 3.21 | 3.28 | 3.27 | 3.28 | 2.80 | 2.06 | 1.09 | 1.48 | 1.50 | 1.53 | 1.84 | 1.85 | 1.85 |
| Total Liabilities | 20.86 | 19.27 | 18.70 | 17.36 | 15.29 | 14.27 | 13.87 | 13.23 | 12.84 | 12.39 | 11.58 | 11.54 | 11.86 | 11.33 | 10.34 | 9.59 |
| Retained Earnings | 9.68 | 9.77 | 9.39 | 9.39 | 9.58 | 9.38 | 9.26 | 8.72 | 9.01 | 8.81 | 9.16 | 9.08 | 8.76 | 7.67 | 7.24 | 6.80 |
| Total Stockholder Equity | 8.52 | 8.54 | 8.25 | 8.28 | 8.69 | 8.36 | 8.26 | 7.68 | 8.10 | 7.86 | 7.94 | 8.14 | 8.47 | 7.96 | 7.68 | 7.23 |
Income Statement
(in billions USD) (except per-share rows)| Metric | Q1
2026 | Q4
2025 | Q3
2025 | Q2
2025 | Q1
2025 | Q4
2024 | Q3
2024 | Q2
2024 | Q1
2024 | Q4
2023 | Q3
2023 | Q2
2023 | Q1
2023 | Q4
2022 | Q3
2022 | Q2
2022 | Q1
2022 | Q4
2021 | Q3
2021 | Q2
2021 |
|---|
| Total Revenue | 10.42 | 11.46 | 10.10 | 9.58 | 8.76 | 10.20 | 8.85 | 8.24 | 7.81 | 8.77 | 7.73 | 7.60 | 7.30 | 8.02 | 7.38 | 7.60 | 7.17 | 8.24 | 6.63 | 6.30 |
| Cost of Revenue | 8.68 | 9.47 | 8.30 | 7.94 | 7.27 | 8.29 | 7.25 | 6.79 | 6.48 | 7.09 | 6.40 | 6.18 | 6.01 | 6.50 | 5.93 | 6.05 | 5.75 | 6.58 | 5.26 | 5.02 |
| Total Operating Expenses | 1.34 | 1.53 | 1.47 | 1.44 | 1.37 | 1.52 | 1.42 | 1.35 | 1.26 | 1.35 | 1.20 | 1.23 | 1.37 | 1.45 | 1.22 | 1.20 | 1.20 | 1.37 | 1.13 | 1.08 |
| Operating Income | 0.51 | 0.62 | 0.48 | 0.37 | 0.28 | 0.60 | 0.37 | 0.25 | 0.20 | 0.50 | 0.27 | 0.31 | 0.04 | 0.24 | 0.37 | 0.52 | 0.38 | 0.59 | 0.41 | 0.37 |
| Net Income | 0.32 | 0.42 | 0.36 | 0.22 | 0.16 | 0.49 | 0.23 | 0.13 | 0.13 | 0.48 | 0.19 | 0.20 | 0.12 | 0.08 | 0.45 | 0.49 | 0.39 | 0.69 | 0.44 | 0.44 |
| Diluted EPS | 1.07 | 1.38 | 1.21 | 0.72 | 0.54 | 1.58 | 0.73 | 0.42 | 0.41 | 1.53 | 0.61 | 0.64 | 0.37 | 0.27 | 1.38 | 1.48 | 1.16 | 2.05 | 1.28 | 1.30 |
Cash Flow Statement
(in billions USD)| Metric | Q1
2026 | Q4
2025 | Q3
2025 | Q2
2025 | Q1
2025 | Q4
2024 | Q3
2024 | Q2
2024 | Q1
2024 | Q4
2023 | Q3
2023 | Q2
2023 | Q1
2023 | Q4
2022 | Q3
2022 | Q2
2022 | Q1
2022 | Q4
2021 | Q3
2021 | Q2
2021 |
|---|
| Operating Cash Flow | (0.82) | 1.22 | 0.83 | 0.06 | (0.55) | 1.34 | 0.57 | 0.29 | (0.49) | 0.85 | 0.38 | (0.01) | (0.74) | 0.81 | 0.75 | 0.45 | (0.39) | 1.16 | 0.97 | 0.42 |
| Capital Expenditures | 0.08 | 0.14 | 0.08 | 0.07 | 0.06 | 0.09 | 0.08 | 0.07 | 0.07 | 0.09 | 0.21 | 0.07 | 0.06 | 0.10 | 0.06 | 0.05 | 0.04 | 0.09 | 0.05 | 0.05 |
| Free Cash Flow* | (0.91) | 1.08 | 0.74 | (0.02) | (0.61) | 1.25 | 0.49 | 0.22 | (0.56) | 0.76 | 0.17 | (0.09) | (0.81) | 0.72 | 0.69 | 0.40 | (0.44) | 1.08 | 0.93 | 0.37 |
| Investing Cash Flow | 0.06 | (0.96) | (0.20) | -0.00 | (0.46) | (0.02) | (0.19) | (0.41) | (0.90) | (0.14) | (0.17) | (0.25) | (0.12) | (0.23) | (0.27) | (0.23) | (0.10) | (0.73) | (0.21) | (0.15) |
| Financing Cash Flow | 0.55 | (0.04) | (0.33) | (0.10) | 1.26 | (1.15) | (0.31) | 0.05 | 1.19 | (0.75) | (0.17) | 0.31 | 0.76 | (0.55) | (0.45) | (0.55) | (0.21) | (0.77) | (0.10) | (0.02) |
* Derived from reported values
