Business Segments · Pass-through costs
Building Operations & Experience — Pass-through costs
CBRE Group Building Operations & Experience — Pass-through costs increased by 4.8% to $3.51B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 18.7%, from $2.96B to $3.51B.
Analysis
StatementSegment
CategoryEfficiency
SignalContext dependent
VolatilityModerate
First reportedQ1 2023
Last reportedQ1 2026
How to read this metric
High pass-through costs are typical in facilities management but do not contribute to operating margin.
Detailed definition
Costs incurred by the company on behalf of clients that are fully reimbursed, such as utility payments or third-party ve...
Peer comparison
Commonly referred to as 'Reimbursable expenses' in the facilities management industry.
Metric ID:
cbre_segment_building_operations_experience_pass_through_costsHistorical Data
11 periods
| Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q2 '24 | Q3 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $2.54B | $2.54B | $2.54B | $2.54B | $2.63B | $2.80B | $2.96B | $3.13B | $3.09B | $3.35B | $3.51B |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +3.2% | +6.7% | +5.5% | +5.9% | -1.6% | +8.6% | +4.8% |
| YoY Change | — | — | — | — | +3.2% | +10.2% | — | +19.3% | +10.0% | — | +18.7% |
Range$2.54B – $3.51B
CAGR+13.8%
Avg YoY Growth+12.3%
Median YoY Growth+10.2%
Current Streak2 quarters growth
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Frequently Asked Questions
- What is CBRE Group's building operations & experience — pass-through costs?
- CBRE Group (CBRE) reported building operations & experience — pass-through costs of $3.51B in Q1 2026.
- How has CBRE Group's building operations & experience — pass-through costs changed year-over-year?
- CBRE Group's building operations & experience — pass-through costs increased by 18.7% year-over-year, from $2.96B to $3.51B.
- What does building operations & experience — pass-through costs mean?
- Client-reimbursed expenses managed by the Building Operations & Experience segment.