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Cushman & Wakefield CWK Q3 2025 earnings

Reported October 30, 2025 · Before market open

Revenue$2.6BMiss by $213.2M
EPS$0.29Beat by $0.01
Revenue estimate$2.8B
EPS estimate$0.28

Next report

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

Financials

Q3 2025

Income statement

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Revenue$2.6B+11.2%
Gross profit$453.9M+5.0%
Operating income$107.5M+43.0%
Net income$51.4M+52.5%
EPS (diluted)$0.22+57.1%

Balance sheet

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Cash & equivalents$660.8M-18.7%
Total debt$3.1B-8.0%
Total equity$2.0B+15.0%
Total assets$7.7B+2.1%

Cash flow

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Operating cash flow$235.5M+20.1%
CapEx$10.5M+11.7%
Free cash flow$225.0M+20.5%

Valuation & ratios

Valuation

as of 09/30/25
See full
Market cap$3.69B+18.0%
Enterprise value$6.16B+7.7%
P/E16.5×—
P/S0.4×0.0×

Profitability

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Gross margin18.3%+0.4pp
Operating margin4.5%+1.6pp
Net margin2.2%—
FCF margin1.6%-1.0pp

Returns & leverage

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Return on equity12.2%—
Debt / equity1.6×-0.4×
Current ratio1.1×-0.1×

Segments

By product

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Services$1.7B+10.7%
Leasing$544.7M+9.2%
Capital markets$205.2M+20.7%
Valuation and other$119.0M+12.5%

By segment

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Americas$1.9B+9.9%
APAC$422.7M+13.1%
EMEA$260.1M+18.3%

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 Q3 2025 earnings?
Cushman & Wakefield (CWK) reported Q3 2025 earnings on October 30, 2025 before market open.
What were Cushman & Wakefield's Q3 2025 revenue and EPS?
Cushman & Wakefield reported revenue of $2.6B and eps of $0.29 for Q3 2025.
Did Cushman & Wakefield beat estimates in Q3 2025?
Revenue missed the consensus estimate of $2.8B by $213.2M. EPS beat the consensus estimate of $0.28 by $0.01.
How did Cushman & Wakefield's Q3 2025 results compare year-over-year?
Compared to the same quarter a year prior, revenue grew 11.2% from $2.3B a year earlier and eps grew 26.1% from $0.23.
Where can I find Cushman & Wakefield's Q3 2025 SEC filings?
You can read the 8-K earnings release (0001628369-25-000058) and the 10-Q periodic report (0001628369-25-000060) directly on SEC EDGAR. The filing index links above go to sec.gov.