Cbre Group Operating Expenses Growth & History (CBRE)
Cbre Group's operating expenses was $5.16B for fiscal 2025.
View full Cbre Group company overviewCbre Group annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $5.16B | $206.0M | +4.16% |
| 2024 | 2024-12-31 | $4.96B | $244.0M | +5.18% |
| 2023 | 2023-12-31 | $4.71B | $290.0M | +6.56% |
| 2022 | 2022-12-31 | $4.42B | $690.0M | +18.48% |
| 2021 | 2021-12-31 | $3.73B | $580.3M | +18.40% |
| 2020 | 2020-12-31 | $3.15B | −$172.5M | −5.19% |
| 2019 | 2019-12-31 | $3.33B | −$40.6M | −1.21% |
| 2018 | 2018-12-31 | $3.37B | $507.1M | +17.74% |
| 2017 | 2017-12-31 | $2.86B | $78.4M | +2.82% |
| 2016 | 2016-12-31 | $2.78B | −$7.20B | −72.14% |
| 2015 | 2015-12-31 | $9.98B | $7.54B | +309.17% |
| 2014 | 2014-12-31 | $2.44B | $59.7M | +2.51% |
| 2013 | 2013-12-31 | $2.38B | $192.8M | +8.82% |
| 2012 | 2012-12-31 | $2.19B | $201.1M | +10.13% |
| 2011 | 2011-12-31 | $1.99B | $276.7M | +16.19% |
| 2010 | 2010-12-31 | $1.71B | $232.7M | +15.76% |
| 2009 | 2009-12-31 | $1.48B | −$1.51B | −50.64% |
| 2008 | 2008-12-31 | $2.99B | — | — |
Cbre Group quarterly operating expenses
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $1.61B | $329.0M | +25.70% |
| Q1 2026 | 2026-03-31 | $1.24B | $1.0M | +0.08% |
| Q4 2025 | 2025-12-31 | $1.33B | −$23.0M | −1.69% |
| Q3 2025 | 2025-09-30 | $1.31B | $74.0M | +5.98% |
| Q2 2025 | 2025-06-30 | $1.28B | $61.0M | +5.00% |
| Q1 2025 | 2025-03-31 | $1.24B | $94.0M | +8.22% |
| Q4 2024 | 2024-12-31 | $1.36B | $82.0M | +6.43% |
| Q3 2024 | 2024-09-30 | $1.24B | $173.0M | +16.26% |
| Q2 2024 | 2024-06-30 | $1.22B | $105.0M | +9.43% |
| Q1 2024 | 2024-03-31 | $1.14B | −$116.0M | −9.21% |
| Q4 2023 | 2023-12-31 | $1.28B | −$4.5M | −0.35% |
| Q3 2023 | 2023-09-30 | $1.06B | −$5.7M | −0.53% |
| Q2 2023 | 2023-06-30 | $1.11B | $80.4M | +7.78% |
| Q1 2023 | 2023-03-31 | $1.26B | $219.7M | +21.14% |
| Q4 2022 | 2022-12-31 | $1.28B | $212.6M | +19.91% |
| Q3 2022 | 2022-09-30 | $1.07B | $107.7M | +11.19% |
| Q2 2022 | 2022-06-30 | $1.03B | $120.2M | +13.16% |
| Q1 2022 | 2022-03-31 | $1.04B | $249.5M | +31.59% |
| Q4 2021 | 2021-12-31 | $1.07B | $197.0M | +22.63% |
| Q3 2021 | 2021-09-30 | $962.0M | $250.8M | +35.26% |
| Q2 2021 | 2021-06-30 | $913.4M | $154.8M | +20.41% |
| Q1 2021 | 2021-03-31 | $789.8M | −$22.4M | −2.75% |
| Q4 2020 | 2020-12-31 | $870.8M | −$28.0M | −3.12% |
| Q3 2020 | 2020-09-30 | $711.2M | −$44.9M | −5.93% |
| Q2 2020 | 2020-06-30 | $758.5M | −$118.9M | −13.55% |
| Q1 2020 | 2020-03-31 | $812.2M | $19.3M | +2.43% |
| Q4 2019 | 2019-12-31 | $898.9M | −$49.3M | −5.20% |
| Q3 2019 | 2019-09-30 | $756.1M | −$103.0M | −11.99% |
| Q2 2019 | 2019-06-30 | $877.4M | $51.1M | +6.19% |
| Q1 2019 | 2019-03-31 | $792.9M | $60.6M | +8.28% |
| Q4 2018 | 2018-12-31 | $948.2M | $206.3M | +27.81% |
| Q3 2018 | 2018-09-30 | $859.1M | $154.1M | +21.86% |
| Q2 2018 | 2018-06-30 | $826.3M | $113.7M | +15.95% |
| Q1 2018 | 2018-03-31 | $732.2M | $33.0M | +4.71% |
| Q4 2017 | 2017-12-31 | $741.9M | — | — |
| Q3 2017 | 2017-09-30 | $705.0M | −$2.28B | −76.36% |
| Q2 2017 | 2017-06-30 | $712.6M | −$2.29B | −76.23% |
| Q1 2017 | 2017-03-31 | $699.3M | −$2.03B | −74.35% |
| Q3 2016 | 2016-09-30 | $2.98B | $2.28B | +326.75% |
| Q2 2016 | 2016-06-30 | $3.00B | $2.32B | +344.92% |
| Q1 2016 | 2016-03-31 | $2.73B | $2.13B | +353.23% |
| Q4 2015 | 2015-12-31 | $8.01B | $7.38B | +1181.03% |
| Q3 2015 | 2015-09-30 | $698.8M | $37.8M | +5.73% |
| Q2 2015 | 2015-06-30 | $673.8M | $107.6M | +19.00% |
| Q1 2015 | 2015-03-31 | $601.6M | $14.7M | +2.51% |
| Q4 2014 | 2014-12-31 | $624.9M | −$162.7M | −20.66% |
| Q3 2014 | 2014-09-30 | $661.0M | $117.6M | +21.63% |
| Q2 2014 | 2014-06-30 | $566.2M | $30.6M | +5.72% |
| Q1 2014 | 2014-03-31 | $586.9M | $74.2M | +14.48% |
| Q4 2013 | 2013-12-31 | $787.6M | $146.1M | +22.77% |
| Q3 2013 | 2013-09-30 | $543.4M | $5.1M | +0.95% |
| Q2 2013 | 2013-06-30 | $535.6M | $15.3M | +2.94% |
| Q1 2013 | 2013-03-31 | $512.7M | $26.3M | +5.41% |
| Q4 2012 | 2012-12-31 | $641.6M | $3.4M | +0.54% |
| Q3 2012 | 2012-09-30 | $538.3M | $41.5M | +8.34% |
| Q2 2012 | 2012-06-30 | $520.3M | $68.1M | +15.05% |
| Q1 2012 | 2012-03-31 | $486.4M | $88.1M | +22.13% |
| Q4 2011 | 2011-12-31 | $638.1M | $90.6M | +16.55% |
| Q3 2011 | 2011-09-30 | $496.9M | $96.6M | +24.14% |
| Q2 2011 | 2011-06-30 | $452.2M | $56.2M | +14.19% |
| Q1 2011 | 2011-03-31 | $398.2M | $33.2M | +9.10% |
| Q4 2010 | 2010-12-31 | $547.5M | — | — |
| Q3 2010 | 2010-09-30 | $400.2M | $40.5M | +11.26% |
| Q2 2010 | 2010-06-30 | $396.0M | $46.1M | +13.18% |
| Q1 2010 | 2010-03-31 | $365.0M | — | — |
| Q3 2009 | 2009-09-30 | $359.7M | — | — |
| Q2 2009 | 2009-06-30 | $349.9M | — | — |
Cbre Group operating expenses trends
Over the last five fiscal years, Cbre Group's operating expenses increased from $3.15B to $5.16B, a change of $2.01B. The latest reported quarter, Q2 2026, shows $1.61B.
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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