CBRE Group CBRE Building Operations & Experience — Pass-through costs

Similar metrics at other companies

BAHBillable Expenses

$877M-5.5%

VALReimbursable expenses

$33M-19.5%

VACCost reimbursements

$430M+15.3%

NAVIBusiness Processing — Direct Operating Costs

$0-100%

EXPOCost Incurred From Reimbursable Expense

$14.49M+79.5%

MEDPReimbursed out-of-pocket expenses — Total direct costs

$312M+54.1%

Questions, answered.

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 is the long-term trend for CBRE Group's building operations & experience — pass-through costs?

Over 2 years (2023 to 2025), CBRE Group's building operations & experience — pass-through costs has grown at a 11.1% compound annual growth rate (CAGR), from $10.18B to $12.56B.

What does building operations & experience — pass-through costs mean?

Costs incurred by the company on behalf of clients that are fully reimbursed, such as utility payments or third-party vendor expenses. These costs are typically excluded from gross margin calculations to show true service profitability.