CBRE Q3 FY25: where the revenue came from and where it went
The whole income statement of CBRE for this quarter, as one diagram: what earned the revenue, and what it went on.
- Period
- Jul 1 – Sep 30, 2025
- Reported
- Oct 23, 2025
Revenue$10.26B
+14% year over year
Gross profit$1.95B
19% margin
Operating profit$0.48B
5% margin
Net profit$0.36B
4% margin
The numbers
| Item | Value | Share of revenue | Year over year |
|---|---|---|---|
| Revenue | 10.26 | 100% | +14% |
| Building operations | 5.79 | 56% | +13% |
| Advisory services | 2.24 | 22% | +17% |
| Project management | 2.03 | 20% | +20% |
| Real estate investments | 0.21 | 2% | −30% |
| Cost of revenue | −8.30 | 81% | |
| Gross profit | 1.95 | 19% margin | −1pp |
| Operating expenses | −1.47 | 14% | +0pp |
| Operating profit | 0.48 | 5% margin | +1pp |
| Tax | −0.12 | ||
| Net profit | 0.36 | 4% margin | +1pp |
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