10-K annual report · filed Feb 12, 2026

CBRE Group (CBRE) FY2025 10-K Annual Report

Short answer

CBRE Group (CBRE) filed its fiscal 2025 10-K annual report with the SEC on Feb 12, 2026. It reported revenue of $39.9B (+13.7% year over year) and net income of $1.2B.

  • Top risk flagged: Regulatory risk: oversight by Audit Committee per SEC guidance on cybersecurity disclosures and risk management reporting

FY2025 key financial metrics · XBRL

Revenue
$39.9B
+13.7% YoY
Net income
$1.2B
+19.5% YoY
Operating margin
4.4%
+0.4 pp YoY
EPS (diluted)
$3.85
+22.6% YoY
ROE
13.0%
+1.5 pp YoY
Operating cash flow
$1.6B
−8.7% YoY

Source: XBRL data from the CBRE Group (CBRE) FY2025 10-K on SEC EDGAR. USD.

CBRE Group FY2025 10-K analysis

AI summary of each section, grounded in the filing text

Business Overview

  • Core business model: Global commercial real estate services providing advisory, facilities management, project management, and real estate investment operations
  • New segments in 2025: Building Operations & Experience (BOE) including flexible workplace solutions (Industrious acquisition), and standalone Project Management segment post Turner & Townsend combination
  • Strategic shift: Reorganized into four reportable segments emphasizing integrated outsourcing services and premium flexible workplace solutions
  • Capital deployment $2.7B including $1.2B for Pearce acquisition and $468M for remaining Industrious equity; share repurchase $956M for 7 million shares
  • Revenue growth 13.4% to $40.6B with net income up 19.5% to $1.2B; effective tax rate rose to 19.9% from 15.0% driven by lower tax benefits in 2024

Management Discussion & Analysis

  • No information on cash flow, buybacks, dividends, or capex
  • No management outlook, guidance, or risk discussion included

Risk Factors

  • Regulatory risk: oversight by Audit Committee per SEC guidance on cybersecurity disclosures and risk management reporting
  • Operational risk: reliance on CISO with 28 years experience for global cybersecurity strategy and incident response
  • Financial risk: potential real-time escalation of material cybersecurity incidents may impact operations and financial reporting
  • Competitive risk: cyberattack vulnerability could disrupt digital platforms, affecting service delivery versus tech-savvy rivals
  • Geopolitical risk: no specific geopolitical exposure detailed in the cybersecurity context

Generated from the filing text; verify against the original. How to read a 10-K

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