Company: JLL
Filing Date: 2025-08-06
Form Type: 10-Q
Source: 0001037976-25-000045
Chunk: 15

Company: JONES LANG LASALLE INC
Filing Date: 2025-08-06
Form: 10-Q
Item: Item 1
Chunk 15
---
5202420252024Advisory fees$93.3 93.1 $182.6 185.4 Transaction fees and other6.5 6.9 15.0 15.8 Incentive fees3.3 2.6 4.0 4.8 Revenue$103.1 102.6 $201.6 206.0 Less:Platform compensation and benefits$60.9 59.0 $119.2 120.3 Platform operating, administrative and other17.5 20.5 33.8 33.4 Gross contract costs8.3 8.8 16.5 17.2 Add:Other segment items(0.1)8.4 — 8.6 Adjusted EBITDA$16.3 22.7 $32.1 43.7 Depreciation and amortization$2.8 2.0 $5.7 4.0 Equity losses$(1.3)(7.3)$(7.4)(11.2)Software and Technology SolutionsThree Months Ended June 30,Six Months Ended June 30,(in millions)2025202420252024Revenue$55.9 56.4 $113.0 110.3 Less:Platform compensation and benefits$47.1 53.5$92.6 100.8Platform operating, administrative and other15.5 12.430.0 22.9Gross contract costs0.5 1.41.2 2.6 Add:Other segment items0.9 — 1.6 — Adjusted EBITDA$(6.3)(10.9)$(9.2)(16.0)Depreciation and amortization$6.2 4.8 $12.5 9.3 Equity losses$(27.4)(9.0)$(48.9)(10.0)

12

The following table is a reconciliation of segment revenue to consolidated revenue.Three Months Ended June 30,Six Months Ended June 30,(in millions)2025202420252024Real Estate Management Services$4,894.0 4,369.9 9,463.4 8,439.1 Leasing Advisory676.8 642.2 1,262.9