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Cushman & Wakefield CWK Q2 2025 earnings

Reported August 5, 2025 · Before market open

Revenue$2.5BBeat by $16.0M
EPS$0.30Beat by $0.08
Revenue estimate$2.5B
EPS estimate$0.22

Next report

Oct 29, 2026 (in 2 months)
Revenue estimate$2.8B
EPS estimate$0.36

Financials

Q2 2025

Income statement

See full
Revenue$2.5B+8.6%
Gross profit$467.3M+13.1%
Operating income$122.8M+74.4%
Net income$57.3M+324%
EPS (diluted)$0.25+317%

Balance sheet

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Cash & equivalents$646.0M+6.8%
Total debt$3.3B-5.6%
Total equity$1.9B+16.1%
Total assets$7.6B+2.9%

Cash flow

See full
Operating cash flow$9.6M-56.0%
CapEx$9.3M-21.2%
Free cash flow$300.0K-97.0%

Valuation & ratios

Valuation

as of 06/30/25
See full
Market cap$2.56B+7.5%
Enterprise value$5.18B-1.1%
P/E12.5×—
P/S0.3×0.0×

Profitability

See full
Gross margin18.6%+0.9pp
Operating margin4.3%+1.5pp
Net margin2.1%—
FCF margin1.3%-1.2pp

Returns & leverage

See full
Return on equity11.6%—
Debt / equity1.7×-0.4×
Current ratio1.1×-0.1×

Segments

By product

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Services$1.7B+6.8%
Leasing$493.1M+8.0%
Capital markets$207.8M+27.0%
Valuation and other$115.0M+8.0%

By segment

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Americas$1.8B+5.3%
APAC$420.0M+19.1%
EMEA$259.8M+17.1%

By geography

See full
United States$1.8B+5.9%
Australia$125.5M+7.6%
Singapore$105.2M+10.5%

FAQ

When did Cushman & Wakefield report Q2 2025 earnings?
Cushman & Wakefield (CWK) reported Q2 2025 earnings on August 5, 2025 before market open.
What were Cushman & Wakefield's Q2 2025 revenue and EPS?
Cushman & Wakefield reported revenue of $2.5B and eps of $0.30 for Q2 2025.
Did Cushman & Wakefield beat estimates in Q2 2025?
Revenue beat the consensus estimate of $2.5B by $16.0M. EPS beat the consensus estimate of $0.22 by $0.08.
How did Cushman & Wakefield's Q2 2025 results compare year-over-year?
Compared to the same quarter a year prior, revenue grew 8.6% from $2.3B a year earlier and eps grew 50.0% from $0.20.
Where can I find Cushman & Wakefield's Q2 2025 SEC filings?
You can read the 8-K earnings release (0001628369-25-000037) and the 10-Q periodic report (0001628369-25-000047) directly on SEC EDGAR. The filing index links above go to sec.gov.