JLL surpass estimates as commercial real estate rebound drives record revenue

Jones Lang LaSalle (NYSE:JLL) reported fourth-quarter financial results that surged past Wall Street expectations.

The professional services firm announced fourth-quarter net income of $401.7 million, or $8.34 per share.

On an adjusted basis, earnings reached $8.71 per share, handily beating the $7.25 consensus estimate from four analysts surveyed by Zacks Investment Research.

The results represent a significant year-over-year jump, reflecting the firm's ability to capture expanding deal volumes as interest rates stabilized toward the end of 2025.

Revenue for the period reached $7.61 billion, an 11.7 percent increase from the prior year and ahead of the $7.33 billion projected by analysts.

The top-line growth was fueled by a 13 percent increase in transactional revenues, as JLL’s Capital Markets and Leasing Advisory segments benefited from a resurgence in investor confidence and strengthening occupier demand in premium markets like New York and London.

For the full 2025 fiscal year, JLL reported a total profit of $792.1 million, or $16.40 per share, on revenue of $26.12 billion.