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Edge16 Oct 2026
Winner, Winner: The Chicken McNugget Story
How a 1940s breeding contest, a Cornell food scientist, and a hedge by Ray Dalio helped McDonald's turn the Chicken McNugget into a fast-food icon.
CBRE Group
CBRE Group (CBRE) investor relations material
CBRE Group Q3 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2026 earnings summary22 Oct, 2026
Executive summary
Q3 revenue rose 12.7% to $11.517B; Core EPS increased 28% to $2.05, with resilient and transactional businesses both growing at double-digit rates.
Core EBITDA increased 28% to $1.001B; net income attributable to stockholders rose to $443M from $363M.
Financial highlights
GAAP diluted EPS rose to $1.52 from $1.21; Core adjusted net income increased to $599M from $481M.
Q3 gain on real estate dispositions was $184M versus $36M a year earlier.
Cost of revenue excluding pass-through costs rose to 40.8% of revenue from 40.0%; operating margin increased to 4.9% from 4.7%.
Outlook and guidance
2026 Core EPS guidance was maintained at $7.80–$7.90, representing 23% growth at the midpoint; management sees a path to 15% Core EPS growth in 2027.
2027 critical infrastructure services revenue is expected to reach $4.5B, with total infrastructure services revenue nearing $7B.
Global leasing revenue is expected to grow at a low double-digit rate in Q4 and mid-to-high single digits in 2027; capital markets are expected to remain roughly flat through H1 2027.
Advisory SOP growth is expected to moderate; BOE SOP growth outlook was lowered, while Project Management maintained mid-teens SOP growth guidance.
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Latest events from CBRE Group
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Next CBRE Group earnings date
J.P. Morgan 2026 Ultimate Services Investor Conference17 Nov, 2026
CBRE Group
Next CBRE Group earnings date
J.P. Morgan 2026 Ultimate Services Investor Conference17 Nov, 2026
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Frequently asked questions
Commercial Real Estate
CBRE Group is one of the world's largest commercial real estate services and investment firms. Founded in 1906, CBRE has its roots in San Francisco but has grown to command an international presence in over 100 countries. With a spectrum of services from facilities management, project management, and property management to appraisal and valuation, CBRE plays an important role in the global real estate industry.
A Century of Growth
From its initial days in San Francisco, CBRE has experienced steady growth over the decades. Today CBRE with its network of offices spanning the globe serves a diverse clientele, which includes corporate entities, government bodies, and individual property owners. CBRE is oftentimes referred to as one of the “Big Four” in commercial real estate together with its peers JLL, Colliers, and Cushman & Wakefield.
Comprehensive Real Estate Solutions
CBRE's comprehensive range of services is its biggest asset. While primarily known for commercial property leasing and sales, CBRE’s services have expanded to accommodate the evolving needs of its clientele. The company offers investment management services through its CBRE Global Investors arm. Its advisory and consultancy services assist clients in navigating the complex world of real estate, helping them make informed decisions. Additionally, CBRE has been integrating technology into its business, offering its clients advanced analytics, digital leasing solutions, and state-of-the-art property visualization tools.
A Partner to Global Giants
With a clientele ranging from tech giants and international banks to local enterprises and public institutions, CBRE is an important player in global commercial real estate. Its market position can largely be attributed to three things: its vast global network, its comprehensive range of services, and its longstanding reputation. CBRE is often involved in large real estate deals, advising global corporations on their real estate strategies or aiding in the transformation of cityscapes. CBRE's robust suite of services, properties, and its longstanding reputation have enabled it to maintain a strong position in the industry.