Cushman & Wakefield (CWK) Cost of Revenue (2017 - 2026)

Cushman & Wakefield's (CWK) quarterly Cost of Revenue came in at $2.1 billion in Q1 2026, up 11.3% year-on-year from $1.9 billion in Q1 2025, and down 9.58% quarter-over-quarter from $2.3 billion in Q4 2025.

Cushman & Wakefield (CWK) Cost of Revenue (2017 - 2026) Analysis & Trends

Cushman & Wakefield's Cost of Revenue history runs 10 years deep, the most recent figure standing at $2.1 billion for Q1 2026.

  • On a quarterly basis, Cost of Revenue rose 11.3% year-over-year to $2.1 billion in Q1 2026; TTM through Mar 2026 was $8.6 billion, a 10.72% increase from a year earlier, with the FY2025 full-year figure at $8.4 billion, up 8.91% from the prior year.
  • Cost of Revenue slipped to $2.1 billion in Q1 2026 per CWK's latest filing, from $2.3 billion in the prior quarter.
  • Across five years, Cost of Revenue topped out at $2.3 billion in Q4 2025 and bottomed at $1.8 billion in Q1 2024.
  • The 5-year median for Cost of Revenue is $2.0 billion (2025), against an average of $2.0 billion.
  • Across the five-year window, Cost of Revenue gained 17.05% in 2022 and declined 8.32% in 2023, its largest moves.
  • Year by year, Cost of Revenue stood at $2.2 billion in 2022, then fell by 4.11% to $2.1 billion in 2023, then increased by 1.32% to $2.1 billion in 2024, then grew by 11.34% to $2.3 billion in 2025, then decreased by 9.58% to $2.1 billion in 2026.
  • Per Business Quant, the three latest CWK Cost of Revenue figures stand at $2.1 billion (Q1 2026), $2.3 billion (Q4 2025), and $2.2 billion (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Colliers International 5,213.63 Bn 5,213.33 Bn - -
2 IHS Holding 61.14 Bn 60.16 Bn 231.80 183.60
3 KE Holdings 54.38 Bn 51.49 Bn 661.06 Mn 2.08 Bn
4 Cbre 42.41 Bn 42.28 Bn 1.85 Bn 8.68 Bn
5 Jones Lang Lasalle 15.63 Bn 15.20 Bn - -
6 Costar 12.14 Bn 10.82 Bn 701.00 Mn 196.00 Mn
7 Compass 8.69 Bn 8.20 Bn 2.31 Bn 398.00 Mn
8 FirstService 6.41 Bn 6.23 Bn 480.66 Mn 968.59 Mn
9 Opendoor Technologies 3.66 Bn 2.66 Bn 72.00 Mn 648.00 Mn
10 Cushman & Wakefield 3.06 Bn 2.46 Bn 420.70 Mn 2.12 Bn

Historic Data

Download Data
DateValue
Mar 31, 2026 2.12 Bn
Mar 31, 2026 2.12 Bn
Dec 31, 2025 2.34 Bn
Dec 31, 2025 2.34 Bn
Sep 30, 2025 2.15 Bn
Sep 30, 2025 2.15 Bn
Jun 30, 2025 2.02 Bn
Jun 30, 2025 2.02 Bn
Mar 31, 2025 1.90 Bn
Mar 31, 2025 1.90 Bn
Dec 31, 2024 2.10 Bn
Dec 31, 2024 2.10 Bn
Sep 30, 2024 1.91 Bn
Sep 30, 2024 1.91 Bn
Jun 30, 2024 1.87 Bn
Jun 30, 2024 1.87 Bn
Mar 31, 2024 1.83 Bn
Mar 31, 2024 1.83 Bn
Dec 31, 2023 2.07 Bn
Dec 31, 2023 2.07 Bn