Colliers International Group Inc. (CIGI) Income Statement
CIGI 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsCIGI revenue and net income
Where CIGI's revenue goes
2025Each bar shows an amount and its share of revenue. CIGI kept 1.9% of revenue as net income.
CIGI profit margins
CIGI growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +17.3% | +8.2% | +15.2% | +12.6% |
| Gross profit | −9.3% | +0.7% | +10.8% | +9.9% |
| Operating income | +5.0% | +7.1% | +19.9% | +17.7% |
| Net income | −35.1% | +31.4% | +16.4% | +16.2% |
| EPS (diluted) | +15.1% | −2.1% | +9.8% | +11.2% |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
CIGI quarterly EPS vs estimates
Colliers International beat the analyst EPS estimate in 4 of the last 8 quarters. Next report: November 4, 2026 (estimate $1.77).
CIGI income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $5.66B | $4.82B | $4.34B | $4.46B | $4.09B | $2.79B | $3.05B | $2.83B | $2.28B | $1.90B |
| Cost of revenue | $3.91B | $2.90B | $2.60B | $2.75B | $2.52B | $1.74B | $1.96B | $1.82B | $1.43B | $1.18B |
| Gross profit | $1.74B | $1.92B | $1.74B | $1.71B | $1.57B | $1.05B | $1.09B | $1.01B | $848.1M | $717.0M |
| Research & development | — | — | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Sales, general & admin | $1.57B | $1.34B | $1.19B | $1.10B | $1.02B | $709.7M | $744.9M | $705.8M | $613.3M | $522.3M |
| Total operating expenses | $1.34B | $1.53B | $1.44B | $1.38B | $1.70B | $881.4M | $868.1M | $784.5M | $666.3M | $567.2M |
| Operating income | $408.6M | $389.2M | $300.9M | $332.5M | −$131.5M | $164.6M | $218.2M | $201.4M | $166.8M | $146.2M |
| Interest income | — | — | — | — | — | — | $27.3M | $19.4M | $11.3M | $8.3M |
| Interest expense | $83.8M | $85.8M | $94.1M | $48.6M | $31.8M | $30.9M | $29.5M | $20.8M | $11.9M | $9.2M |
| Income before taxes | $310.0M | $311.1M | $212.8M | $289.6M | −$152.0M | $136.5M | $190.6M | $181.8M | $155.4M | $139.4M |
| Income taxes | $81.6M | $74.2M | $68.1M | $95.0M | $85.5M | $42.0M | $53.0M | $53.3M | $63.3M | $47.8M |
| Net income | $104.9M | $161.7M | $65.5M | $46.3M | −$390.3M | $49.1M | $102.9M | $97.7M | $49.3M | $68.0M |
| EBITDA | $654.4M | $618.5M | $509.4M | $515.6M | $24.9M | $293.4M | $314.7M | $281.4M | $220.9M | $193.5M |
| EPS (diluted) | $6.57 | $5.71 | $5.36 | $7.00 | $6.14 | $4.11 | $4.66 | $4.09 | $3.11 | $2.44 |
| Gross margin | 30.8% | 39.9% | 40.1% | 38.3% | 38.4% | 37.5% | 35.7% | 35.7% | 37.3% | 37.8% |
| Operating margin | 7.2% | 8.1% | 6.9% | 7.5% | −3.2% | 5.9% | 7.2% | 7.1% | 7.3% | 7.7% |
| Net margin | 1.9% | 3.4% | 1.5% | 1.0% | −9.5% | 1.8% | 3.4% | 3.5% | 2.2% | 3.6% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.57B | $1.30B | $1.70B | $1.45B | $1.37B | $1.14B | $1.50B | $1.18B | $1.14B | $1.00B | $1.24B | $1.06B |
| Cost of revenue | $937.4M | $912.7M | $1.54B | $1.01B | $937.2M | $812.8M | $894.6M | $712.0M | $687.1M | $606.2M | $731.3M | $638.7M |
| Gross profit | $635.1M | $382.6M | $167.2M | $440.8M | $433.5M | $324.9M | $607.0M | $467.0M | $452.3M | $395.7M | $503.9M | $417.4M |
| Sales, general & admin | $436.8M | $405.0M | $441.3M | $406.3M | $372.7M | $348.3M | $414.0M | $322.1M | $302.9M | $300.0M | $326.6M | $279.9M |
| Total operating expenses | $536.7M | $332.4M | −$5.9M | $338.0M | $316.3M | $284.0M | $485.6M | $357.3M | $337.6M | $352.4M | $371.3M | $346.5M |
| Operating income | $98.4M | $50.2M | $173.1M | $102.8M | $117.2M | $40.9M | $121.4M | $109.7M | $114.7M | $43.3M | $132.6M | $70.9M |
| Interest expense | $26.4M | $22.6M | $23.3M | $22.4M | $15.8M | $22.5M | $23.2M | $23.4M | $19.4M | $19.9M | $22.3M | $24.2M |
| Income before taxes | $76.1M | $18.8M | $122.9M | $83.3M | $90.7M | $13.6M | $100.2M | $90.5M | $96.3M | $24.1M | $111.2M | $47.5M |
| Income taxes | $26.8M | $8.0M | $32.5M | $18.9M | $25.7M | $4.7M | $18.7M | $21.1M | $24.4M | $10.0M | $30.0M | $18.1M |
| Net income | $28.5M | −$24.0M | $62.9M | $41.8M | $4.1M | −$4.2M | $75.1M | $37.2M | $36.7M | $12.7M | $67.4M | $25.1M |
| EBITDA | $174.2M | $108.4M | $212.8M | $170.2M | $168.2M | $99.5M | $188.6M | $169.9M | $165.5M | $94.5M | $184.6M | $122.9M |
| EPS (diluted) | $1.69 | $0.91 | $2.34 | $1.64 | $1.72 | $0.87 | $2.26 | $1.32 | $1.36 | $0.77 | $2.00 | $1.19 |
| Gross margin | 40.4% | 29.5% | 9.8% | 30.5% | 31.6% | 28.6% | 40.4% | 39.6% | 39.7% | 39.5% | 40.8% | 39.5% |
| Operating margin | 6.3% | 3.9% | 10.2% | 7.1% | 8.6% | 3.6% | 8.1% | 9.3% | 10.1% | 4.3% | 10.7% | 6.7% |
| Net margin | 1.8% | −1.9% | 3.7% | 2.9% | 0.3% | −0.4% | 5.0% | 3.2% | 3.2% | 1.3% | 5.5% | 2.4% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in CIGI's financial statements (latest annual report filed February 20, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
CIGI financial results
In fiscal year 2025 (ended December 31, 2025), Colliers International reported revenue of $5.7 billion, up 17.3% from the year before. It had net income of $104.9 million (down 35.1%), a net profit margin of 1.9%. Diluted earnings per share came to $6.57. Over five years revenue grew at an average rate of 15.2% a year.
See the CIGI stock overview for the latest quote and news, or the CIGI chart for price history and technical indicators.
CIGI income statement FAQ
What is Colliers International's annual revenue?
Colliers International reported total revenue of $5.7 billion for fiscal year 2025, which ended on December 31, 2025. That was up 17.3% from $4.8 billion the previous year.
Is Colliers International profitable?
Yes. Colliers International reported net income of $104.9 million in fiscal 2025, a net profit margin of 1.9%; its operating margin was 7.2%.
What is Colliers International's gross margin?
Colliers International's gross margin was 30.8% in fiscal 2025: for every $100 of revenue, Colliers International kept $31 after the direct cost of its products and services.
How fast is Colliers International growing?
Revenue grew 15.2% a year on average over the last five fiscal years, from $2.8 billion to $5.7 billion.
What are Colliers International's earnings per share?
Colliers International earned $6.57 per diluted share in fiscal 2025, compared with $5.71 a year earlier.
When will Colliers International report its next earnings?
Colliers International is expected to report results for the quarter ending September 30, 2026 on November 4, 2026 before the market opens.
When does Colliers International's fiscal year end?
Colliers International's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on February 20, 2026.