Cushman & Wakefield Quarterly Income Statement
NYSE: CWKFinanceReal EstateUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Cushman & Wakefield revenue and earnings
In the quarter ended Jun 30, 2026, Cushman & Wakefield generated $2.76 billion in revenue, up 11.2% from the same quarter a year earlier. Net income was $52.7 million (-8.0% year over year), for a net margin of 1.9% versus a median of 0.1% in the prior 5 quarters. Gross margin was 18.5% (down from 18.8%) and operating margin 4.9%.
Diluted earnings per share came in at $0.22, down from $0.25.
Summary generated from market data by MetaCap's automated system. Methodology
Cushman & Wakefield income statement (quarterly)
| Quarter (USD) | Q2 20262026-06-30 | Q1 20262026-03-31 | Q4 20252025-12-31 | Q3 20252025-09-30 | Q2 20252025-06-30 | Q1 20252025-03-31 | Q4 20242024-12-31 | Q3 20242024-09-30 | Q2 20242024-06-30 | Q1 20242024-03-31 | Q4 20232023-12-31 | Q3 20232023-09-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 2.76B | 2.54B | 2.91B | 2.61B | 2.48B | 2.28B | 2.63B | 2.34B | 2.29B | 2.18B | 2.55B | 2.29B |
| Revenue growth (YoY) | +11.22% | +11.00% | +10.81% | +11.16% | +8.56% | +4.57% | +3.02% | +2.55% | -4.90% | -2.87% | -3.57% | -9.11% |
| Cost of Revenue | 2.25B | 2.12B | 2.34B | 2.15B | 2.02B | 1.90B | 2.10B | 1.91B | 1.87B | 1.83B | 2.07B | 1.88B |
| Gross Profit | 512.00M | 420.70M | 574.50M | 453.90M | 467.30M | 384.30M | 528.40M | 432.40M | 413.20M | 352.30M | 478.60M | 403.90M |
| Operating Expenses | 377.80M | 362.00M | 397.60M | 346.40M | 344.50M | 339.00M | 353.90M | 357.20M | 342.80M | 333.50M | 368.60M | 346.30M |
| Selling, General & Admin | 349.30M | 336.70M | 372.50M | 320.60M | 318.30M | 305.80M | 319.70M | 314.20M | 294.20M | 296.00M | 317.10M | 300.90M |
| Operating Income | 134.20M | 58.70M | 176.90M | 107.50M | 122.80M | 45.30M | 174.50M | 75.20M | 70.40M | 18.80M | 110.00M | 57.60M |
| Interest Expense | 59.60M | 49.20M | 54.70M | 56.00M | 53.20M | 52.30M | 55.50M | 54.90M | 60.80M | 58.70M | 56.90M | 89.50M |
| Other Income (Expense) | -10.60M | -12.90M | -2.80M | -24.00M | -10.60M | 0 | 0 | 0 | 0 | 1.70M | 200.00K | -2.00M |
| Pretax Income | — | — | -12.10M | 45.10M | 76.20M | 5.00M | 132.10M | 53.00M | 17.20M | -26.50M | 70.10M | -17.30M |
| Income Tax | 24.60M | 3.00M | 10.30M | -6.30M | 18.90M | 3.10M | 19.20M | 19.30M | 3.70M | 2.30M | 300.00K | 16.60M |
| Net Income | 52.70M | -12.60M | -22.40M | 51.40M | 57.30M | 1.90M | 112.90M | 33.70M | 13.50M | -28.80M | 69.80M | -33.90M |
| Net Income growth (YoY) | -8.03% | -763.16% | -119.84% | +52.52% | +324.44% | — | +61.75% | — | +164.71% | — | +134.23% | -241.84% |
| EPS (Basic) | 0.22 | -0.05 | -0.10 | 0.22 | 0.25 | 0.01 | 0.49 | 0.15 | 0.06 | -0.13 | 0.31 | -0.15 |
| EPS (Diluted) | 0.22 | -0.05 | -0.10 | 0.22 | 0.25 | 0.01 | 0.49 | 0.14 | 0.06 | -0.13 | 0.31 | -0.15 |
| Shares Outstanding (Basic) | 234.40M | 232.80M | — | 231.50M | 231.40M | 230.40M | — | 229.30M | 229.00M | 227.90M | — | 227.20M |
| Shares Outstanding (Diluted) | 236.30M | 232.80M | — | 235.90M | 232.40M | 232.30M | — | 233.40M | 231.50M | 227.90M | — | 227.20M |
| EBITDA | 162.70M | 84.00M | 202.40M | 133.30M | 149.00M | 72.00M | 204.10M | 104.10M | 101.60M | 51.30M | 146.80M | 93.80M |
| Gross Margin | 18.53% | 16.59% | 19.72% | 17.42% | 18.81% | 16.82% | 20.10% | 18.45% | 18.06% | 16.13% | 18.75% | 17.67% |
| Operating Margin | 4.86% | 2.31% | 6.07% | 4.13% | 4.94% | 1.98% | 6.64% | 3.21% | 3.08% | 86.00% | 4.31% | 2.52% |
| Net Margin | 1.91% | -50.00% | -77.00% | 1.97% | 2.31% | 8.00% | 4.29% | 144.00% | 59.00% | -132.00% | 2.73% | -148.00% |
This table shows 12 quarterly periods of Cushman & Wakefield's income statement, from Q2 2026 back to Q3 2023, across 19 line items including revenue, cost of revenue, gross profit. Values in USD; B = billions, M = millions. Fiscal periods follow CWK's reporting calendar. What is a income statement?