Cushman & Wakefield financials
$11.75−0.93%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Quarter | Q2 '26 Jun 30 | Q1 '26 Mar 31 | Q4 '25 Dec 31 | Q3 '25 Sep 30 | Q2 '25 Jun 30 | Q1 '25 Mar 31 | Q4 '24 Dec 31 | Q3 '24 Sep 30 | Q2 '24 Jun 30 | Q1 '24 Mar 31 | Q4 '23 Dec 31 | Q3 '23 Sep 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 |
| Gross profit | $512.0M | $420.7M | $574.5M | $453.9M | $467.3M | $384.3M | $528.4M | $432.4M | $413.2M | $352.3M | $478.6M | $403.9M |
| Gross margin | 18.5% | 16.6% | 19.7% | 17.4% | 18.8% | 16.8% | 20.1% | 18.4% | 18.1% | 16.1% | 18.8% | 17.7% |
| Operating income | $134.2M | $58.7M | $176.9M | $107.5M | $122.8M | $45.3M | $174.5M | $75.2M | $70.4M | $18.8M | $110.0M | $57.6M |
| Net income | $52.7M | -$12.6M | -$22.4M | $51.4M | $57.3M | $1.9M | $112.9M | $33.7M | $13.5M | -$28.8M | $69.8M | -$33.9M |
| Net margin | 1.9% | −0.5% | −0.8% | 2.0% | 2.3% | 0.1% | 4.3% | 1.4% | 0.6% | −1.3% | 2.7% | −1.5% |
| Diluted EPS | $0.22 | $-0.05 | $-0.09 | $0.22 | $0.25 | $0.01 | $0.47 | $0.14 | $0.06 | $-0.13 | $0.31 | $-0.15 |
| EBITDA | $162.7M | $84.0M | $202.0M | $133.3M | $149.0M | $78.5M | $208.7M | $118.2M | $119.0M | $56.3M | $124.7M | $103.0M |
| Operating cash flow | $54.0M | -$243.5M | $257.3M | $235.5M | $9.6M | -$162.0M | $115.2M | $196.1M | $21.8M | -$125.1M | $202.4M | $188.1M |
| Free cash flow | $45.5M | -$255.7M | $234.3M | $225.0M | $300.0K | -$166.6M | $105.9M | $186.7M | $10.0M | -$135.6M | $186.2M | $173.9M |
| Diluted shares | 236.3M | 232.8M | 238.2M | 235.9M | 232.4M | 232.3M | 238.4M | 233.4M | 231.5M | 227.9M | 227.1M | 227.2M |
Balance sheet
| Period end | Jun 30 | Mar 31 | Dec 31 | Sep 30 | Jun 30 | Mar 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $500.5M | $600.6M | $784.2M | $634.4M | $618.2M | $623.2M |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Total debt | $2.66B | $2.75B | $2.75B | $2.85B | $3.00B | $3.02B |
| Total assets | $7.55B | $7.65B | $7.68B | $7.69B | $7.56B | $7.41B |
| Total liabilities | $5.53B | $5.70B | $5.72B | $5.73B | $5.65B | $5.63B |
| Shareholders' equity | $2.02B | $1.95B | $1.96B | $1.96B | $1.90B | $1.78B |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology