Colliers Reports Fourth Quarter and Full Year 2025 Results

Core Insights - Colliers International Group Inc. reported strong financial results for the fourth quarter and full year ended December 31, 2025, with significant growth in revenues and adjusted earnings per share, indicating robust operational momentum entering 2026 [1][5][18] Financial Performance Highlights - Fourth quarter revenues reached $1.61 billion, a 7% increase year-over-year, while net revenues were $1.43 billion, up 9% [2][3] - For the full year, total revenues were $5.56 billion, reflecting a 15% increase, with net revenues at $4.87 billion, up 14% [3][4] - Adjusted EBITDA for the fourth quarter was $245.1 million, a 9% increase, and for the full year, it was $732.5 million, up 14% [2][3] - Adjusted EPS for the fourth quarter was $2.34, a 4% increase, and for the full year, it was $6.58, up 14% [2][3] Segment Performance - Commercial Real Estate segment revenues for the fourth quarter totaled $1.03 billion, up 9%, with net revenues also increasing by 9% [9] - Engineering segment revenues were $433.0 million for the fourth quarter, a 3% increase, while net revenues rose 10% [10] - Investment Management segment revenues reached $143.7 million, up 5%, with net revenues increasing by 7% [11] Strategic Initiatives - The company announced the acquisition of Ayesa Engineering, which is expected to enhance growth avenues and strengthen its service offerings [6] - Over the past five years, Colliers has doubled in size, achieving a compound annual growth rate of approximately 15% [6] Outlook for 2026 - The company anticipates continued solid annual internal growth in 2026, projecting mid-teens growth in revenues, Adjusted EBITDA, and Adjusted EPS [18][19]