Colliers International Group Inc. reported fourth-quarter consolidated revenues of $1.61 billion, showing a 7% increase from the previous year, with net revenues at $1.43 billion, up 9%. Adjusted EBITDA was $245.1 million, a 9% increase. Full-year revenues reached $5.56 billion, up 15%, with net revenues at $4.87 billion, up 14%, and adjusted EBITDA at $732.5 million, up 14%.

In 2025, Colliers saw more than 70% of its earnings coming from recurring revenues, with free cash flow converted at a rate of 105% of adjusted net earnings. The company’s CEO, Jay S. Hennick, highlighted the successful year and the acquisition of Ayesa Engineering as a significant milestone for future growth.

Segmented results for the fourth quarter included Commercial Real Estate revenues of $1.03 billion, up 9%, Engineering revenues of $433.0 million, up 3%, and Investment Management revenues of $143.7 million, up 5%. Adjusted EBITDA for these segments showed growth, with net margins improving in the Commercial Real Estate segment.

Colliers anticipates continued solid annual internal growth in 2026, expecting mid-teens growth in revenues, Adjusted EBITDA, and Adjusted EPS. The company’s financial outlook remains subject to various factors, including macroeconomic conditions and the closing of the Ayesa Engineering acquisition. The outlook does not include any further acquisitions.

Adjusted EBITDA, a key financial metric used by investors to compare companies, was $245.1 million for the fourth quarter of 2025, showing a 9% increase from the previous year. Adjusted EPS, another important measure, was $2.34, representing a 4% increase. Free cash flow was converted at a rate of 105% of adjusted net earnings, demonstrating the company’s strong financial performance.

Read more at GlobeNewswire: Colliers Reports Fourth Quarter and Full Year 2025 Results