Discontinued — last reported Q2 '25

Business Segments · Cost of revenue

Advisory Services — Cost of revenue

CBRE Group Advisory Services — Cost of revenue increased by 20.4% to $1.16B in Q2 2025 compared to the prior quarter. Year-over-year, this metric grew by 14.6%, from $1.02B to $1.16B. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementSegment
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ1 2022
Last reportedQ2 2025

How to read this metric

An increase relative to revenue may signal margin compression or rising labor costs, while a decrease relative to revenue suggests improved operational leverage.

Detailed definition

This metric captures the direct costs associated with generating revenue within the advisory services segment, specifica...

Peer comparison

Comparable to direct cost of services or cost of goods sold (COGS) metrics in service-oriented businesses, excluding pass-throughs.

Metric ID: cbre_segment_advisory_services_cost_of_revenue

Historical Data

12 periods
 Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q1 '25Q2 '25
Value$1.50B$1.50B$1.50B$1.50B$1.29B$1.29B$1.29B$1.29B$848.00M$1.02B$967.00M$1.16B
QoQ Change+0.0%+0.0%+0.0%-13.9%+0.0%+0.0%+0.0%-34.1%+19.8%-4.8%+20.4%
YoY Change-13.9%-13.9%-13.9%-13.9%-34.1%-21.0%+14.0%+14.6%
Range$848.00M$1.50B
CAGR-8.7%
Avg YoY Growth-10.3%
Median YoY Growth-13.9%

Frequently Asked Questions

What is CBRE Group's advisory services — cost of revenue?
CBRE Group (CBRE) reported advisory services — cost of revenue of $1.16B in Q2 2025.
How has CBRE Group's advisory services — cost of revenue changed year-over-year?
CBRE Group's advisory services — cost of revenue increased by 14.6% year-over-year, from $1.02B to $1.16B.
What does advisory services — cost of revenue mean?
The direct operational expenses incurred to produce revenue within the advisory segment, excluding reimbursed client costs.