Cushman & Wakefield (CWK)
Manages workplaces and advises occupiers and investors on commercial real estate transactions.
$12.91
vs last close+0.01 (+0.04%)
In millions of USD, except per-share figures
| In millions | Q3 FY23Sep 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 2,286 | 2,552 | 2,185 | 2,288 | 2,344 | 2,630 | 2,285 | 2,484 | 2,606 | 2,914 | 2,536 | 2,763 |
| Cost of revenue | 1,882 | 2,074 | 1,833 | 1,875 | 1,912 | 2,101 | 1,900 | 2,043 | 2,178 | 2,390 | 2,166 | 2,308 |
| Gross profit | 404 | 479 | 352 | 413 | 432 | 528 | 384 | 441 | 428 | 524 | 370 | 455 |
| 346 | 369 | 334 | 343 | 357 | 354 | 339 | 318 | 321 | 347 | 311 | 321 | |
| 301 | 276 | 296 | 294 | 314 | 313 | 306 | 318 | 321 | 372 | 0 | 349 | |
| Selling & marketing | 0 | 40 | 0 | 0 | 0 | 39 | 0 | 0 | 0 | 0 | 0 | 0 |
| General & administrative | 301 | 237 | 296 | 294 | 314 | 274 | 306 | 318 | 321 | 372 | 0 | 349 |
| Other expenses | 45 | 92 | 38 | 49 | 43 | 41 | 33 | 0 | 0 | −26 | 311 | −29 |
| Operating income | 58 | 110 | 19 | 70 | 75 | 175 | 45 | 122 | 108 | 177 | 59 | 134 |
| −75 | −40 | −45 | −53 | −22 | −42 | −40 | −46 | −62 | −189 | −68 | −57 | |
| Interest income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 288 | 182 | 0 |
| Interest expense | 90 | 57 | 59 | 61 | 55 | 56 | 52 | 53 | 56 | 55 | 49 | 60 |
| Other non-operating income | −9 | −23 | −13 | −17 | −14 | −11 | −7 | −7 | 6 | 134 | 19 | −3 |
| Income before tax | −17 | 70 | −27 | 17 | 53 | 132 | 5 | 76 | 45 | −12 | −10 | 77 |
| Income tax expense | 17 | 0 | 2 | 4 | 19 | 19 | 3 | 19 | −6 | 10 | 3 | 25 |
| Net income from continuing operations | −34 | 70 | −29 | 14 | 34 | 113 | 2 | 57 | 51 | −22 | −13 | 53 |
| Other adjustments | 0 | 1 | 0 | 1 | 1 | 0 | 1 | 0 | 0 | 0 | 0 | 0 |
| Net income | −34 | 70 | −29 | 14 | 34 | 113 | 2 | 57 | 51 | −22 | −13 | 53 |
| EPS, basic | −$0.15 | $0.31 | −$0.13 | $0.06 | $0.15 | $0.49 | $0.01 | $0.25 | $0.22 | −$0.10 | −$0.05 | $0.22 |
| EPS, diluted | −$0.15 | $0.30 | −$0.13 | $0.06 | $0.14 | $0.48 | $0.01 | $0.25 | $0.22 | −$0.10 | −$0.05 | $0.22 |
| Weighted average shares, basic | 227 | 227 | 228 | 229 | 229 | 230 | 230 | 231 | 232 | 232 | 233 | 234 |
| Weighted average shares, diluted | 227 | 229 | 228 | 232 | 233 | 235 | 232 | 232 | 236 | 237 | 236 | 236 |
| EBITDA | 126 | 170 | 87 | 119 | 118 | 216 | 79 | 156 | 127 | 68 | 65 | 165 |
| Depreciation & amortization | 59 | 37 | 55 | 31 | 29 | 30 | 27 | 26 | 26 | 26 | 25 | 29 |
| EBIT | 67 | 133 | 32 | 88 | 89 | 186 | 52 | 129 | 101 | 43 | 40 | 137 |
