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Cushman & Wakefield CWK Services — Revenue

Other product segments

Leasing
$497.7M+19.0%
Capital markets
$181.6M+15.0%
Valuation and other
$113.8M+8.7%

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Other financials

Income statement

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Revenue$2.5B+11.0%
Gross profit$420.7M+9.5%
Operating income$58.7M+29.6%
Net income-$12.6M-763%
EPS (diluted)-$0.05-600%

Balance sheet

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Cash & equivalents$619.5M-3.2%
Total debt$3.2B-4.5%
Total equity$2.0B+9.9%
Total assets$7.6B+3.2%

Cash flow

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Operating cash flow-$243.5M-50.3%
CapEx$12.2M+165%
Free cash flow-$255.7M-53.5%

Valuation

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Market cap$3B+21.1%
Enterprise value$5.53B+7.3%
P/E30.6×
P/S0.3×0.0×

Profitability

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Gross margin18.2%-0.2pp
Operating margin4.4%+0.6pp
Net margin2.2%
FCF margin1.9%+0.5pp

Returns & leverage

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Return on equity12.2%
Debt / equity1.6×-0.2×
Current ratio1.1×0.0×

Where this comes from

Reported directly by Cushman & Wakefield in its filing.

Tagged under the XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.

The official record: Cushman & Wakefield ’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Cushman & Wakefield 's services — revenue?
Cushman & Wakefield (CWK) reported services — revenue of $1.74B in Q1 2026.
How has Cushman & Wakefield 's services — revenue changed year-over-year?
Cushman & Wakefield 's services — revenue increased by 8.7% year-over-year, from $1.6B to $1.74B.
What is the long-term trend for Cushman & Wakefield 's services — revenue?
Over 3 years (2022 to 2025), Cushman & Wakefield 's services — revenue has grown at a 2.6% compound annual growth rate (CAGR), from $6.31B to $6.82B.
What does services — revenue mean?
This metric represents the total gross revenue generated from the firm's core commercial real estate service offerings, including brokerage, leasing, capital markets, and advisory services. It serves as a primary indicator of the company's market share and client demand across its professional service lines. Tracking this revenue stream helps investors assess the firm's ability to capture transaction volume and recurring management fees within the global commercial real estate market.