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

Cushman & Wakefield (CWK) recorded quarterly Cost of Revenue of $2.1 billion in Q1 2026, down 9.58% quarter-over-quarter from $2.3 billion in Q4 2025, and up 11.3% on a YoY basis from $1.9 billion in Q1 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.

  • In Q1 2026, Cost of Revenue rose 11.3% year-over-year to $2.1 billion; the TTM figure through Mar 2026 stood at $8.6 billion (up 10.72% YoY), while the FY2025 annual figure was $8.4 billion, up 8.91% from the prior year.
  • Cost of Revenue was $2.1 billion for Q1 2026 at Cushman & Wakefield, down from $2.3 billion in the prior quarter.
  • In the past five years, Cost of Revenue ranged from a high of $2.3 billion in Q4 2025 to a low of $1.8 billion in Q1 2024.
  • Historically, Cost of Revenue has averaged $2.0 billion across 5 years, with a median of $2.0 billion in 2025.
  • The sharpest annual moves came in 2022 and 2023: Cost of Revenue increased 17.05% in 2022, then slipped 8.32% in 2023.
  • A 5-year view of Cost of Revenue shows it 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 advanced by 11.34% to $2.3 billion in 2025, then retreated by 9.58% to $2.1 billion in 2026.
  • The last three Cost of Revenue figures came in at $2.1 billion (Q1 2026), $2.3 billion (Q4 2025), and $2.2 billion (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 IHS Holding 45.03 Bn 44.04 Bn 231.80 183.60
2 Cbre 38.54 Bn 37.33 Bn 1.85 Bn 8.68 Bn
3 Costar 14.00 Bn 12.72 Bn 701.00 Mn 421.00 Mn
4 Jones Lang Lasalle 13.85 Bn 13.53 Bn - -
5 KE Holdings 7.04 Bn 4.80 Bn 661.06 Mn 156.88 Mn
6 Compass 5.66 Bn 5.19 Bn 2.31 Bn 398.00 Mn
7 Opendoor Technologies 4.24 Bn 4.17 Bn 72.00 Mn 70.00 Mn
8 Cushman & Wakefield 3.11 Bn 2.51 Bn 420.70 Mn 2.12 Bn
9 Newmark 2.67 Bn 2.62 Bn - -
10 Kennedy-Wilson Holdings 1.53 Bn 1.38 Bn 83.20 Mn 34.00 Mn

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