CBRE GROUP, INC.

For the period ended Dec 31, 2025. Filed Feb 12, 2026.

About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2025 · Filed Feb 12, 2026

CBRE$138.17+2.0%Stored close · as of Nov 9, 2026

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Contents

Consolidated Statements of Operations

(Dollars in millions, except share and per share data)

	Year Ended December 31,
	2025	2024	2023
Revenue	$40,550	$35,767	$31,949
Costs and expenses:
Cost of revenue	32,984	28,811	25,675
Operating, administrative and other	5,543	5,011	4,562
Depreciation and amortization	729	674	622
Total costs and expenses	39,256	34,496	30,859
Gain on disposition of real estate	459	142	27
Operating income	1,753	1,413	1,117
Equity income (loss) from unconsolidated subsidiaries	40	(19)	248
Other income	19	39	61
Interest expense, net of interest income	216	215	149
Write-off of financing costs on extinguished debt	2	—	—
Income before provision for income taxes	1,594	1,218	1,277
Provision for income taxes	317	182	250
Net income	1,277	1,036	1,027
Less: Net income attributable to non-controlling interests	120	68	41
Net income attributable to CBRE Group, Inc.	$1,157	$968	$986
Basic income per share:
Net income per share attributable to CBRE Group, Inc.	$3.88	$3.16	$3.20
Weighted-average shares outstanding for basic income per share	298,157,861	305,859,458	308,430,080
Diluted income per share:
Net income per share attributable to CBRE Group, Inc.	$3.85	$3.14	$3.15
Weighted-average shares outstanding for diluted income per share	300,751,541	308,033,612	312,550,942

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.