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JLL posts higher Q2 revenue and cash flow amid shifting rates
JLL said cash flow from operations rose to $488.1 million for the quarter ended June 30, and net debt fell year over year to $1.1 billion.
JLL reported strong second-quarter results, citing higher cash flow, revenue, and net income despite shifting interest rates and an uneven global environment, according to Commercial Observer.
Cash flow from operations reached $488.1 million for the quarter ended June 30, up from $332.8 million in the same period last year. Revenue grew to $6.9 billion, compared with $6.2 billion in the second quarter of 2025, and net income increased to $373.7 million from $168 million a year earlier.
JLL said net debt decreased to $1.1 billion in the second quarter of 2026, down from $1.4 billion in the second quarter of 2025, attributing the decline to higher earnings and more effective debt servicing.
The firm also discussed how capital markets conditions are evolving, including some elongation in European deal timelines since the start of the U.S. Israel Iran conflict and ongoing volatility tied to the Russia Ukraine war, while it does not expect major changes for the remainder of 2026 unless shipping disruptions in the Strait of Hormuz escalate further.