CBRE Group Inc.
Cash Flow Statement
| Line Item | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $204.0M | $318.0M | $416.0M | $363.0M | $215.0M | $163.0M | $487.0M | $225.0M |
| Depreciation & Amortization | $190.0M | $182.0M | $261.0M | $181.0M | $145.0M | $142.0M | $177.0M | $178.0M |
| Depreciation | — | — | — | — | — | — | — | — |
| Amortization | — | — | — | — | — | — | — | — |
| Stock-Based Compensation | $59.0M | $48.0M | $10.0M | $47.0M | $42.0M | $21.0M | $34.0M | $43.0M |
| Net Cash from Operating Activities | $138.0M | $-825.0M | $1.22B | $827.0M | $57.0M | $-546.0M | $1.34B | $573.0M |
| Investing Activities | ||||||||
| Capital Expenditures | $114.0M | $81.0M | $144.0M | $84.0M | $74.0M | $64.0M | $93.0M | $79.0M |
| Business Acquisitions | — | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | $-273.0M | $64.0M | $-963.0M | $-197.0M | $-5.0M | $-462.0M | $-20.0M | $-187.0M |
| Financing Activities | ||||||||
| Dividends Paid | — | — | — | — | — | — | — | — |
| Stock Repurchases | $410.0M | $530.0M | $288.0M | $0 | $262.0M | $418.0M | $517.0M | $63.0M |
| Net Cash from Financing Activities | $-18.0M | $545.0M | $-36.0M | $-328.0M | $-96.0M | $1.26B | $-1.15B | $-315.0M |
| Net Change in Cash | $-156.0M | $-219.0M | $205.0M | $277.0M | $19.0M | $292.0M | $64.0M | $124.0M |
| Free Cash Flow | $24.0M | $-906.0M | $1.08B | $743.0M | $-17.0M | $-610.0M | $1.25B | $494.0M |