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Cushman & Wakefield CWK Operating Income

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Other financials

Income statement

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Revenue$2.8B+11.2%
Gross profit$512.0M+9.6%
Net income$52.7M-8.0%
EPS (diluted)$0.22-12.0%

Balance sheet

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Cash & equivalents$518.7M-19.7%
Total debt$3.1B-5.9%
Total equity$2.0B+6.2%
Total assets$7.6B0.0%

Cash flow

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Operating cash flow-$243.5M-50.3%
CapEx$8.5M-8.6%
Free cash flow-$255.7M-53.5%

Valuation

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Market cap$3.21B+1.3%
Enterprise value$5.76B-0.4%
P/E21.6×
P/S0.3×0.0×

Profitability

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Gross margin18.1%-0.5pp
Operating margin4.4%+0.1pp
Net margin2.2%
FCF margin1.9%+0.5pp

Returns & leverage

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Return on equity12.2%
Debt / equity1.5×-0.2×
Current ratio1.1×-0.1×

Where this comes from

Reported directly by Cushman & Wakefield in its filing.

Tagged under the XBRL concept us-gaap:OperatingIncomeLoss.

The source filing: Cushman & Wakefield’s 10-Q, filed August 5, 2026.

Filed
Aug 5, 2026, 4:17 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001628369-26-000118
(in millions, except per share data)Three Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Depreciation and amortization28.526.253.852.9
Restructuring, impairment and related charges6.5
Total costs and expenses2,628.42,361.15,105.64,600.4
Operating income134.2122.8192.8168.1
Interest expense, net of interest income(59.6)(53.2)(108.7)(105.5)
Earnings (loss) from equity method investments2.30.2(1.8)11.3
Other income (expense), net0.46.4(14.6)7.3
Earnings before income taxes77.376.267.781.2

Item 1. Financial Statements.

FAQ

What is Cushman & Wakefield's operating income?
Cushman & Wakefield (CWK) reported operating income of $134.2M in Q2 2026.
How has Cushman & Wakefield's operating income changed year-over-year?
Cushman & Wakefield's operating income increased by 9.3% year-over-year, from $122.8M to $134.2M.
What is the long-term trend for Cushman & Wakefield's operating income?
Over 4 years (2021 to 2025), Cushman & Wakefield's operating income has grown at a -2.3% compound annual growth rate (CAGR), from $497M to $452.5M.
What does operating income mean?
Gross profit minus all operating expenses (SG&A, R&D, D&A). Measures the profit from core business operations before interest, taxes, and non-operating items.

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