Colliers International Group (CIGI) shares are higher today as investors react to the company’s first-quarter 2026 earnings update released on May 5, 2026. The report showed a solid top-line start to the year and management kept its full-year growth framework intact, which is supporting sentiment after the initial digestion of results.

For Q1 2026 (ended March 31, 2026), Colliers reported consolidated revenues of $1.31 billion, up 15% year over year (12% in local currency), and net revenues of $1.15 billion, up 16% year over year (12% in local currency). Adjusted EBITDA was $124.8 million, up 8%, while adjusted EPS rose to $0.91 from $0.87 a year earlier.

Management reiterated its full-year outlook calling for mid-teens revenue, EBITDA, and EPS growth, a signal that demand and pipeline visibility remain supportive despite an uneven commercial real estate backdrop. A second catalyst is Colliers’ pending acquisition of Ayesa Engineering, which the company said remains on track to close in late May; investors are positioning for a step-up in engineering scale and backlog as the deal completes.

Traders will be monitoring whether post-earnings momentum holds as the market gets closer to the expected late-May close of Ayesa Engineering, as well as any updates on financing and integration costs. Margin commentary also matters: management flagged that planned investments and integration work can pressure near-term profitability even as revenue accelerates.