Colliers Q2 Revenue Reaches $1.57B as 2026 Outlook Holds Steady
CIGI is trading near its 52-week low of $88.38 (15% above the low).
Summary
Colliers posted strong Q2 2026 results with 17% net revenue growth and reaffirmed its full-year outlook, driven by strength across all three business segments and the recent Ayesa acquisition.
Key Events · Earnings and Guidance · CIGI
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Q2 Revenue and Earnings Growth
Net revenues rose 17% to $1.39 billion, while Adjusted EBITDA increased 14% to $205.3 million. Adjusted EPS came in at $1.83, up 6% year-over-year.
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2026 Outlook Reaffirmed
Management reiterated expectations for mid-teens percentage growth in revenues, Adjusted EBITDA, and Adjusted EPS for the full year, including the impact of the Ayesa acquisition.
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Ayesa Engineering Acquisition Closed
The acquisition of Ayesa Engineering closed late in Q2, expanding the Engineering segment's global footprint and contributing to 30% revenue growth in the segment.
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Leverage and Liquidity
Net leverage increased to 2.8x following the Ayesa closing, with $900 million in total available liquidity; de-levering is expected through the remainder of 2026.
Analysis · CIGI · Real Estate & Construction
Double-digit revenue growth across all three platforms underscores Colliers' broad momentum, with net revenues climbing 17% to $1.39 billion. Adjusted EPS advanced 6% to $1.83, and the company reaffirmed its full-year outlook for mid-teens growth in revenues, Adjusted EBITDA, and Adjusted EPS. The late-quarter closing of the Ayesa Engineering acquisition adds scale and diversification, though it pushed net leverage to 2.8x. These results highlight sustained strength in commercial real estate, engineering, and investment management, reinforcing confidence in the 2026 trajectory.
At the time of this filing, CIGI was trading at $101.20 on NASDAQ in the Real Estate & Construction sector, with a market capitalization of approximately $5.2B. The 52-week trading range was $88.38 to $171.51. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.