Quarterly ResultMay 5, 2026, 07:01 AM
Colliers Q1 Revenue +15% to $1.31B; Adjusted EPS $0.91
AI Summary
Colliers International Group Inc. reported strong first-quarter 2026 financial results, with revenues increasing 15% to $1.31 billion and Adjusted EBITDA up 8% to $124.8 million. Adjusted EPS rose 5% to $0.91. The company also announced a segment realignment, enhanced financial flexibility with $400 million in long-term debt, and expects the Ayesa Engineering acquisition to close this quarter. Despite a GAAP diluted net loss per share of $(0.47), the company highlighted continued momentum in its resilient businesses and improving Commercial Real Estate transaction activity.
Key Highlights
- Revenues increased 15% to $1.31 billion in Q1 2026.
- Adjusted EBITDA grew 8% to $124.8 million.
- Adjusted EPS rose 5% to $0.91.
- GAAP diluted net loss per share was $(0.47), compared to $(0.08) in prior year.
- Commercial Real Estate revenues increased 14% to $841.2 million.
- Engineering revenues rose 23% to $336.8 million.
- Investment Management Adjusted EBITDA decreased 8% to $50.6 million due to planned investments.
- Total assets under management reached $109.3 billion, up 9% year-over-year.
- Secured $400 million in long-term debt financing and extended revolving credit facility.