By Adriano Marchese

Colliers International Group shares fell sharply Friday after the company posted weaker profit, adding to a recent broader selloff tied to market worries about the impact of artificial intelligence on service firms.

Shares traded 9.7% lower at 145.05 Canadian dollars ($106.56).

The commercial real-estate services and investment‑management company reported a decline in net income to $61.1 million, or $1.19 a share for its fourth quarter, from $75.1 million, or $1.47 a share, in the comparable quarter a year earlier.

Adjusted earnings came to $2.34 a share, missing Wall Street expectations by 11 cents. Revenue rose 7.3% to $1.61 billion, in line with forecasts.

Colliers' stock has been under pressure this week, in lock-step with broader selloffs of other large commercial real-estate brokers on fears of how AI could affect the business.

Friday's decline could be from lingering jitters, which earlier in the week Scotiabank analyst Himanshu Gupta said was largely due to AI disruption concerns.

Colliers provides commercial real-estate services across leasing, sales, consulting, project management, valuation and property and asset management for clients in a variety of commercial and industrial sectors.

"We believe, there are fears in the market that labor-intensive services business, with high margins, could be disrupted by AI applications which can automate high-volume, repetitive tasks and ultimately lower the cost of delivery and reduce reliance on manual effort," Gupta said in a report.

For the full year, Colliers expects continued internal growth along with the impact of several recently completed acquisitions and the recently announced acquisition of Ayesa Engineering, which is expected to close late in the second quarter.

On a consolidated basis, the company expects mid-teens growth in revenue compared with the $5.56 billion generated in 2025.

It also expects a mid-teens rise in adjusted earnings before interest, taxes, depreciation and amortization, and the same pace of growth in adjusted EPS, up from $732.5 million and $6.58 a share, respectively, in 2025.

Write to Adriano Marchese at adriano.marchese@wsj.com

(END) Dow Jones Newswires

February 13, 2026 11:15 ET (16:15 GMT)

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