Colliers Reports Third Quarter Results
Colliers reported Q3 2026 revenues of $1.64 billion, up 12% year-over-year, with Adjusted EBITDA up 14% to $218.8 million and Adjusted EPS up 20% to $1.97. GAAP results diverged sharply: operating earnings slipped to $100.8 million on higher acquisition-related contingent consideration charges, and diluted EPS fell to $0.14 from $0.82 a year ago. Management revised its 2026 outlook to low-teens growth for revenue, Adjusted EBITDA, and Adjusted EPS, down from mid-teens, citing geopolitical uncertainty and interest rate volatility.
Key figures
- Eps
- 1.97
- Revenue
- 1637600000
- Guidance
- 2026 outlook revised from mid-teens growth to low-teens growth for revenue, Adjusted EBITDA, and Adjusted EPS
- Revenue Yoy
- 12%
- Aum
- $110.5 billion
- Net revenues
- 1428500000
- Adjusted ebitda
- 218800000
- Gaap eps diluted
- 0.14
- Ttm free cash flow
- 427600000
- Adjusted ebitda yoy
- 14%
- Gaap operating earnings
- 100800000
- Internal revenue growth
- 3% (net 4%)
- Net debt adjusted ebitda
- 2.7
AI analysis
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