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Side-by-side financial comparison of CBRE Group (CBRE) and Netflix (NFLX). Click either name above to swap in a different company.
Netflix is the larger business by last-quarter revenue ($12.2B vs $11.5B, roughly 1.1× CBRE Group). Netflix runs the higher net margin — 43.1% vs 3.6%, a 39.5% gap on every dollar of revenue. On growth, Netflix posted the faster year-over-year revenue change (16.2% vs 12.3%). Netflix produced more free cash flow last quarter ($5.1B vs $1.1B). Over the past eight quarters, CBRE Group's revenue compounded faster (21.1% CAGR vs 13.2%).
CBRE can refer to:Canadian Brotherhood of Railway Employees, a railway trade union in Canada Chemical, Biological, Radiological and Explosive Defence Group, a counter-terrorism unit in Singapore CBRE Group, a multinational real estate corporation Certified broadcast radio engineer, a professional title regulated by The Society of Broadcast Engineers
Netflix is an American subscription video on-demand over-the-top streaming service. The service primarily distributes original and acquired films and television shows from various genres. It is available internationally in multiple languages.
CBRE vs NFLX — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | ||
|---|---|---|
| Revenue | $11.5B | $12.2B |
| Net Profit | $416.0M | $5.3B |
| Gross Margin | 17.3% | 51.9% |
| Operating Margin | 5.4% | 32.3% |
| Net Margin | 3.6% | 43.1% |
| Revenue YoY | 12.3% | 16.2% |
| Net Profit YoY | -14.6% | 82.8% |
| EPS (diluted) | $1.38 | $1.23 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q1 26 | — | $12.2B | ||
| Q4 25 | $11.5B | $12.1B | ||
| Q3 25 | $10.1B | $11.5B | ||
| Q2 25 | $9.6B | $11.1B | ||
| Q1 25 | $8.8B | $10.5B | ||
| Q4 24 | $10.2B | $10.2B | ||
| Q3 24 | $8.8B | $9.8B | ||
| Q2 24 | $8.2B | $9.6B |
| Q1 26 | — | $5.3B | ||
| Q4 25 | $416.0M | $2.4B | ||
| Q3 25 | $363.0M | $2.5B | ||
| Q2 25 | $215.0M | $3.1B | ||
| Q1 25 | $163.0M | $2.9B | ||
| Q4 24 | $487.0M | $1.9B | ||
| Q3 24 | $225.0M | $2.4B | ||
| Q2 24 | $130.0M | $2.1B |
| Q1 26 | — | 51.9% | ||
| Q4 25 | 17.3% | 45.9% | ||
| Q3 25 | 17.7% | 46.4% | ||
| Q2 25 | 17.1% | 51.9% | ||
| Q1 25 | 17.1% | 50.1% | ||
| Q4 24 | 18.7% | 43.7% | ||
| Q3 24 | 18.1% | 47.9% | ||
| Q2 24 | 17.6% | 45.9% |
| Q1 26 | — | 32.3% | ||
| Q4 25 | 5.4% | 24.5% | ||
| Q3 25 | 4.8% | 28.2% | ||
| Q2 25 | 3.9% | 34.1% | ||
| Q1 25 | 3.1% | 31.7% | ||
| Q4 24 | 5.8% | 22.2% | ||
| Q3 24 | 4.2% | 29.6% | ||
| Q2 24 | 3.0% | 27.2% |
| Q1 26 | — | 43.1% | ||
| Q4 25 | 3.6% | 20.1% | ||
| Q3 25 | 3.6% | 22.1% | ||
| Q2 25 | 2.2% | 28.2% | ||
| Q1 25 | 1.9% | 27.4% | ||
| Q4 24 | 4.8% | 18.2% | ||
| Q3 24 | 2.5% | 24.1% | ||
| Q2 24 | 1.6% | 22.5% |
| Q1 26 | — | $1.23 | ||
| Q4 25 | $1.38 | $-17.14 | ||
| Q3 25 | $1.21 | $5.87 | ||
| Q2 25 | $0.72 | $7.19 | ||
| Q1 25 | $0.54 | $0.66 | ||
| Q4 24 | $1.58 | $4.27 | ||
| Q3 24 | $0.73 | $5.40 | ||
| Q2 24 | $0.42 | $4.88 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | ||
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $1.9B | $12.3B |
| Total DebtLower is stronger | — | $13.4B |
| Stockholders' EquityBook value | $8.9B | $31.1B |
| Total Assets | $30.9B | $61.0B |
| Debt / EquityLower = less leverage | — | 0.43× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $12.3B | ||
| Q4 25 | $1.9B | $9.1B | ||
| Q3 25 | $1.7B | $9.3B | ||
| Q2 25 | $1.4B | $8.4B | ||
| Q1 25 | $1.4B | $8.4B | ||
| Q4 24 | $1.1B | $9.6B | ||
| Q3 24 | $1.0B | $9.2B | ||
| Q2 24 | $928.0M | $6.7B |
| Q1 26 | — | $13.4B | ||
| Q4 25 | — | $13.5B | ||
| Q3 25 | — | $14.5B | ||
| Q2 25 | — | $14.5B | ||
| Q1 25 | — | $14.0B | ||
| Q4 24 | — | $13.8B | ||
| Q3 24 | — | $14.2B | ||
| Q2 24 | — | $12.2B |
| Q1 26 | — | $31.1B | ||
| Q4 25 | $8.9B | $26.6B | ||
| Q3 25 | $8.5B | $26.0B | ||
| Q2 25 | $8.3B | $25.0B | ||
| Q1 25 | $8.3B | $24.0B | ||
| Q4 24 | $8.4B | $24.7B | ||
| Q3 24 | $8.7B | $22.7B | ||
| Q2 24 | $8.4B | $22.1B |
| Q1 26 | — | $61.0B | ||
| Q4 25 | $30.9B | $55.6B | ||
| Q3 25 | $28.6B | $54.9B | ||
| Q2 25 | $27.7B | $53.1B | ||
| Q1 25 | $26.4B | $52.1B | ||
| Q4 24 | $24.4B | $53.6B | ||
| Q3 24 | $24.8B | $52.3B | ||
| Q2 24 | $23.5B | $49.1B |
| Q1 26 | — | 0.43× | ||
| Q4 25 | — | 0.51× | ||
| Q3 25 | — | 0.56× | ||
| Q2 25 | — | 0.58× | ||
| Q1 25 | — | 0.58× | ||
| Q4 24 | — | 0.56× | ||
| Q3 24 | — | 0.62× | ||
| Q2 24 | — | 0.55× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | ||
|---|---|---|
| Operating Cash FlowLast quarter | $1.2B | $5.3B |
| Free Cash FlowOCF − Capex | $1.1B | $5.1B |
| FCF MarginFCF / Revenue | 9.4% | 41.6% |
| Capex IntensityCapex / Revenue | 1.3% | 1.6% |
| Cash ConversionOCF / Net Profit | 2.94× | 1.00× |
| TTM Free Cash FlowTrailing 4 quarters | $1.2B | $11.9B |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $5.3B | ||
| Q4 25 | $1.2B | $2.1B | ||
| Q3 25 | $827.0M | $2.8B | ||
| Q2 25 | $57.0M | $2.4B | ||
| Q1 25 | $-546.0M | $2.8B | ||
| Q4 24 | $1.3B | $1.5B | ||
| Q3 24 | $573.0M | $2.3B | ||
| Q2 24 | $287.0M | $1.3B |
| Q1 26 | — | $5.1B | ||
| Q4 25 | $1.1B | $1.9B | ||
| Q3 25 | $743.0M | $2.7B | ||
| Q2 25 | $-17.0M | $2.3B | ||
| Q1 25 | $-610.0M | $2.7B | ||
| Q4 24 | $1.2B | $1.4B | ||
| Q3 24 | $494.0M | $2.2B | ||
| Q2 24 | $220.0M | $1.2B |
| Q1 26 | — | 41.6% | ||
| Q4 25 | 9.4% | 15.5% | ||
| Q3 25 | 7.4% | 23.1% | ||
| Q2 25 | -0.2% | 20.5% | ||
| Q1 25 | -7.0% | 25.2% | ||
| Q4 24 | 12.2% | 13.5% | ||
| Q3 24 | 5.6% | 22.3% | ||
| Q2 24 | 2.7% | 12.7% |
| Q1 26 | — | 1.6% | ||
| Q4 25 | 1.3% | 2.0% | ||
| Q3 25 | 0.8% | 1.4% | ||
| Q2 25 | 0.8% | 1.4% | ||
| Q1 25 | 0.7% | 1.2% | ||
| Q4 24 | 0.9% | 1.5% | ||
| Q3 24 | 0.9% | 1.3% | ||
| Q2 24 | 0.8% | 0.8% |
| Q1 26 | — | 1.00× | ||
| Q4 25 | 2.94× | 0.87× | ||
| Q3 25 | 2.28× | 1.11× | ||
| Q2 25 | 0.27× | 0.78× | ||
| Q1 25 | -3.35× | 0.97× | ||
| Q4 24 | 2.75× | 0.82× | ||
| Q3 24 | 2.55× | 0.98× | ||
| Q2 24 | 2.21× | 0.60× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
CBRE
| Other | $5.8B | 51% |
| Project Management Segment | $2.2B | 19% |
| Advisory Leasing | $1.5B | 13% |
| Advisory Sales | $756.0M | 7% |
| Property Management | $695.0M | 6% |
| Investment Management Property Management Brokerage And Other Professional Services | $156.0M | 1% |
| Commercial Mortgage Origination | $95.0M | 1% |
| Other Portfolio Services | $87.0M | 1% |
| Loan Servicing | $73.0M | 1% |
| Real Estate Development Services | $60.0M | 1% |
NFLX
Segment breakdown not available.