Revenue Growth Across the Business
CBRE posted Q1 FY2026 revenue of $10.53B, up 18.6% from $8.88B in the prior-year period, reflecting broad-based growth across its real estate services segments and continued demand for outsourcing and advisory services.
Operating Income Nearly Doubled
Operating income surged 85.1% YoY to $511M from $276M, with operating margin expanding approximately 175 basis points to 4.85%, indicating meaningful operating leverage as revenue growth outpaced cost increases.
Cost of Revenue Pressure
Cost of revenue rose 19.4% YoY to $8.68B, slightly outpacing revenue growth of 18.6%, which compressed gross profit margins modestly and underscores ongoing cost pressures in service delivery.