Colliers Reports Strong Q2 2026 Results with 17% Revenue Growth and Reaffirms Mid-Teens Full-Year Outlook
CIGI is trading near its 52-week low of $88.38 (15% above the low).
Summary
Colliers International Group Inc. reported strong Q2 2026 financial results with a 17% increase in revenues and a significant rise in GAAP diluted EPS, primarily due to lower non-controlling interest redemption increment. The company reaffirmed its positive full-year outlook for mid-teens growth.
Key Events · Earnings and Guidance · CIGI
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Strong Q2 Financial Performance
Revenues for Q2 2026 increased by 17% to $1.57 billion, with Adjusted EBITDA up 14% to $205.3 million, reflecting solid growth across all segments, particularly Commercial Real Estate and Engineering.
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Significant GAAP EPS Increase
GAAP diluted net earnings per share rose to $0.56 in Q2 2026 from $0.08 in Q2 2025. This substantial increase was primarily driven by a lower non-controlling interest redemption increment, despite a decrease in overall net earnings.
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Reaffirmed Full-Year Outlook
The company reaffirmed its 2026 outlook, expecting mid-teens percentage growth in revenues, Adjusted EBITDA, and Adjusted EPS for the full year, including the impact of recent acquisitions.
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Strategic Acquisitions Drive Growth
Colliers completed the acquisition of Ayesa Engineering for $690 million in May 2026 and Frankfurt-Short-Bruza Associates P.C. in May 2026. Post-period, it acquired Pluritec Ltd. for $34 million in July 2026, expanding its Engineering segment.
Analysis · CIGI · Real Estate & Construction
Colliers delivered robust second-quarter results, driven by strong revenue growth across all segments and strategic acquisitions. While net earnings decreased, the significant reduction in non-controlling interest redemption increment led to a substantial increase in GAAP diluted EPS. The company's reaffirmed full-year outlook for mid-teens growth in revenues, Adjusted EBITDA, and Adjusted EPS signals continued confidence in its growth strategy and market position.
At the time of this filing, CIGI was trading at $101.26 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 8 out of 10.