JLL

EX-99.1

2 exhibit991secondquarter202.htm

EX-99.1

Document

Exhibit 99.1

News Release

JLL Reports Financial Results for Second-Quarter 2026

JLL achieved a record second-quarter diluted earnings per share of $4.59, up 100% versus the prior-year quarter (in local currency1)

CHICAGO, July 30, 2026 – Jones Lang LaSalle Incorporated (NYSE: JLL) today reported strong operating performance for the second quarter of 2026. Diluted earnings per share was $4.59, up 98% in USD and 100% in local currency (LC), and adjusted diluted earnings per share1 was $5.26, up 59% in USD and 61% in LC. Net income attributable to common shareholders grew 92% in USD and 94% in LC while Adjusted EBITDA increased 32% in USD and 33% in LC to $386.3 million.

•Revenue was $6.9 billion, up 11% in USD (10% in LC1), with Advisory4 revenues up 21% in LC and Resilient4 revenues up 8% in LC

◦Real Estate Management Services was up 8% in LC, driven by ongoing strength in Workplace Management

◦Leasing Advisory grew 24% in LC, with increased momentum in office, industrial and data centers globally, most notably in the U.S.

◦Capital Markets Services was up 19% in LC, led by Investment Sales, Debt and Equity Advisory with broad-based growth across sectors

•Accelerated profit growth and margin expansion driven by higher revenues and incremental platform leverage

•Share repurchases were $110 million this quarter, bringing the total in the first half of 2026 to $410 million

•Second-quarter cash inflow from operating activities increased to $488.1 million, up $155.3 million (47%) from the prior-year quarter

"JLL's record second-quarter performance is the product of our compelling value proposition and growing demand for our core services. Continued acceleration in Advisory revenues and disciplined execution across JLL drove robust profit growth, margin expansion and cash flow generation," said Christian Ulbrich, JLL CEO. "We continue to deliver superior client outcomes with a One JLL approach. Given our year-to-date performance and strong underlying business momentum, we are raising our full-year Adjusted EPS target range, reflecting 34% year-over-year growth at the mid-point."

Summary Financial Results

($ in millions, except per share data, "LC" = local currency) Three Months Ended June 30,Six Months Ended June 30,

20262025% Change in USD% Change in LC20262025% Change in USD% Change in LC

Revenue$6,927.9 $6,250.1 11 %10 %$13,314.4 $11,996.5 11 %10 %

Net income attributable to common shareholders$215.6 $112.3 92 %94 %$374.6 $167.6 124 %130 %

Adjusted net income attributable to common shareholders1 246.8 159.4 55 57 410.6 271.0 52 56

Diluted earnings per share$4.59 $2.32 98 %100 %$7.91 $3.46 129 %135 %

Adjusted diluted earnings per share1 5.26 3.30 59 61 8.67 5.60 55 59

Adjusted EBITDA1 $386.3 $291.7 32 %33 %$659.9 $516.5 28 %29 %

Cash flows from operating activities$488.1 $332.8 47 %n/a$(266.9)$(434.8)39 %n/a

Free Cash Flow6 438.0 288.4 52 n/a(381.9)(523.7)27 n/a

Note: For discussion and reconciliation of non-GAAP financial measures, see the Notes following the Financial Statements in this news release.

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JLL Reports Financial Results for Second-Quarter 2026 - Page 2

Consolidated Second-Quarter 2026 Performance Highlights:

Consolidated

($ in millions, "LC" = local currency) Three Months Ended June 30,% Change in USD% Change in LCSix Months Ended June 30,% Change in USD% Change in LC

2026202520262025

Real Estate Management Services$5,368.4 $4,949.9 8 %8 %$10,434.1 $9,576.4 9 %8 %

Leasing Advisory836.9 676.8 24 24 1,523.2 1,262.9 21 20

Capital Markets Services620.2 520.3 19 19 1,155.4 955.6 21 19

Investment Management102.4 103.1 (1)1 201.7 201.6 — —

Total revenue$6,927.9 $6,250.1 11 %10 %$13,314.4 $11,996.5 11 %10 %

Gross contract costs6 $4,574.3 $4,186.8 9 %9 %$8,917.0 $8,129.1 10 %8 %

Platform operating expenses, excluding Carried interest2,037.7 1,847.1 10 10 3,870.8 3,513.9 10 9

Carried interest (benefit) expense(a) (0.7)(2.5)72 74 0.1 (4.9)n.m.n.m.

Restructuring and acquisition charges5 25.7 21.3 21 20 31.0 41.0 (24)(25)

Total operating expenses$6,637.0 $6,052.7 10 %9 %$12,818.9 $11,679.1 10 %8 %

Net non-cash MSR and mortgage banking derivative activity1

$(10.3)$(4.2)(145)%(143)%$(15.8)$(17.1)8 %8 %

Note: For discussion and reconciliation of non-GAAP financial measures, see the Notes following the Financial Statements in this news release. Percentage variances in the Performance Highlights are calculated and presented on a local currency basis, unless otherwise noted.

(a) Carried interest expense/benefit is associated with Equity earnings/losses on Proptech Investments.

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JLL Reports Financial Results for Second-Quarter 2026 - Page 3

Revenue

Revenue increased 10% compared with the prior-year quarter. Collectively, Advisory revenue growth accelerated to 21% and was led by Leasing Advisory, up 24%, and Investment Sales, Debt/Equity Advisory and Other, within Capital Markets Services, up 2

EX-99.1

2 exhibit991firstquarter2026.htm

EX-99.1

Document

Exhibit 99.1

News Release

JLL Reports Financial Results for First-Quarter 2026

JLL achieved a record first-quarter diluted earnings per share of $3.33, up 207% versus the prior-year quarter (in local currency1)

CHICAGO, April 30, 2026 – Jones Lang LaSalle Incorporated (NYSE: JLL) today reported operating performance for the first quarter of 2026. Diluted earnings per share was $3.33, up 192% in USD and 207% in local currency (LC), and adjusted diluted earnings per share1 was $3.43, up 48% in USD and 56% in LC.

•First-quarter revenue was $6.4 billion, up 11% in USD (9% in LC1), with Advisory4 revenues up 17% in LC and Resilient4 revenues up 7% in LC

◦Real Estate Management Services grew 7% in LC, driven by strength in Workplace Management and Project Management

◦Leasing Advisory increased 16% in LC, led by the U.S. with continued momentum in office and an acceleration in industrial

◦Capital Markets Services was up 21% in LC, with broad-based growth across geographies, led by Investment Sales, Debt and Equity Advisory

•Continued profit and margin expansion led by revenue growth and incremental platform leverage

•Share repurchases were $300 million this quarter, including a $200 million accelerated share repurchase launched in March

•The company committed to an incremental €100 million investment in the LaSalle Encore+ Fund

"JLL achieved very strong results to start the year,” said Christian Ulbrich, JLL CEO. “We continue to deliver robust growth with margin expansion and market share gains as clients focus on trusted partnerships and the highest-quality insight and execution. In a fluid macro environment, our Accelerate 2030 strategy positions JLL for long-term sustainable growth and expanding returns as we further build on our data and AI advantage and scale our core services.”

Summary Financial Results

($ in millions, except per share data, "LC" = local currency) Three Months Ended March 31,

20262025% Change in USD% Change in LC

Revenue$6,386.5 $5,746.4 11 %9 %

Net income attributable to common shareholders$159.0 $55.3 188 %203 %

Adjusted net income attributable to common shareholders1 163.8 111.6 47 54

Diluted earnings per share$3.33 $1.14 192 %207 %

Adjusted diluted earnings per share1 3.43 2.31 48 56

Adjusted EBITDA1 $273.6 $224.8 22 %24 %

Cash flows from operating activities$(755.0)$(767.6)2 %n/a

Free Cash Flow6 (819.9)(812.1)(1)n/a

Note: For discussion and reconciliation of non-GAAP financial measures, see the Notes following the Financial Statements in this news release.

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JLL Reports Financial Results for First-Quarter 2026 - Page 2

Consolidated First-Quarter 2026 Performance Highlights:

Consolidated

($ in millions, "LC" = local currency) Three Months Ended March 31,% Change in USD% Change in LC

20262025

Real Estate Management Services$5,065.7 $4,626.5 9 %7 %

Leasing Advisory686.3 586.1 17 16

Capital Markets Services535.2 435.3 23 21

Investment Management99.3 98.5 1 (1)

Total revenue$6,386.5 $5,746.4 11 %9 %

Gross contract costs6 $4,342.7 $3,942.3 10 %8 %

Platform operating expenses, excluding Carried interest1,833.1 1,666.8 10 7

Carried interest expense (benefit)(a) 0.8 (2.4)n.m.n.m.

Restructuring and acquisition charges5 5.3 19.7 (73)(73)

Total operating expenses$6,181.9 $5,626.4 10 %8 %

Net non-cash MSR and mortgage banking derivative activity1

$(5.5)$(12.9)57 %57 %

Note: For discussion and reconciliation of non-GAAP financial measures, see the Notes following the Financial Statements in this news release. Percentage variances in the Performance Highlights below are calculated and presented on a local currency basis, unless otherwise noted.

(a) Carried interest expense/benefit is associated with Equity earnings/losses on Proptech Investments.

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JLL Reports Financial Results for First-Quarter 2026 - Page 3

Revenue

Revenue increased 9% compared with the prior-year quarter. Collectively, Advisory revenues grew 17%, led by Leasing Advisory, up 16%, and Investment Sales, Debt/Equity Advisory and Other, within Capital Markets Services, up 23% (excluding the impact of non-cash MSR and mortgage banking derivative activity). The aggregate 7% increase in Resilient revenues was highlighted by Workplace Management, up 8%, and Project Management, up 10%, both within Real Estate Management Services.

Refer to segment performance highlights for additional detail.

The following chart reflects the year-over-year change in revenue for each of the trailing eight quarters (QTD revenues, on a local currency basis). The chart shows the change in Advisory, Resilient and total revenue. Refer to Footnote 4 for the definitions of Resilient and Advisory revenues.

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JLL Reports Financial Results for First-Quarter 2026 - Page 4

Profitability

($ in millions, except per share data, "LC" = local currency) Three Months Ended March 31,

20262025% Change in USD% Change in LC

Net income attr

jll-202602180001037976false00010379762026-02-182026-02-18

United States Securities and Exchange Commission Washington, D.C. 20549 Form 8-K

CURRENT REPORT

Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934

Date of Report (date of earliest event reported): February 18, 2026

Jones Lang LaSalle Incorporated (Exact name of registrant as specified in its charter)

Maryland001-1314536-4150422 (State or other jurisdiction(Commission File Number)(I.R.S. Employer of incorporation or organization)Identification No.)

200 East Randolph Drive,Chicago,IL 60601 (Address of principal executive offices) (Zip Code)

Registrant's telephone number, including area code:(312)782-5800 Former name or former address, if changed since last report: Not Applicable

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

☐Written communications pursuant to Rule 425 under Securities Act (17 CFR 230.425) ☐Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ☐Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each classTrading SymbolName of each exchange on which registered Common Stock, par value $0.01JLLThe New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 2.02  Results of Operations and Financial Condition. On February 18, 2026, Jones Lang LaSalle Incorporated issued a news release announcing its financial results for the fourth quarter ended December 31, 2025. The full text of the news release is attached as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated in this Item 2.02 by reference. The information contained in this Current Report, including Exhibit 99.1, is being furnished and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the Exchange Act), nor incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing. Item 9.01 Financial Statements and Exhibits (d) Exhibits

EXHIBIT INDEX

99.1 News release issued by Jones Lang LaSalle Incorporated on February 18, 2026 announcing its financial results for the fourth quarter ended December 31, 2025. 104Cover Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Dated: February 18, 2026 Jones Lang LaSalle Incorporated

By: /s/ Kelly Howe Name: Kelly Howe Title: Chief Financial Officer