Cushman & Wakefield (CWK) Operating Expenses (2017 - 2026)

Cushman & Wakefield's Operating Expenses history runs 10 years deep, the most recent figure standing at $2.5 billion for Q1 2026.

• In Q1 2026, Operating Expenses rose 10.62% year-over-year to $2.5 billion; the TTM figure through Mar 2026 stood at $10.1 billion (up 9.72% YoY), while the FY2025 annual figure was $9.8 billion, up 7.99% from the prior year.
• Operating Expenses was $2.5 billion for Q1 2026 at Cushman & Wakefield, down from $2.7 billion in the prior quarter.
• In the past five years, Operating Expenses ranged from a high of $2.7 billion in Q4 2025 to a low of $2.2 billion in Q1 2024.
• Historically, Operating Expenses has averaged $2.4 billion across 5 years, with a median of $2.4 billion in 2025.
• The sharpest annual moves came in 2022 and 2023: Operating Expenses increased 14.7% in 2022, then fell 7.27% in 2023.
• A 5-year view of Operating Expenses shows it stood at $2.5 billion in 2022, then decreased by 3.69% to $2.4 billion in 2023, then gained by 0.52% to $2.5 billion in 2024, then climbed by 11.48% to $2.7 billion in 2025, then declined by 9.49% to $2.5 billion in 2026.
• The last three Operating Expenses figures came in at $2.5 billion (Q1 2026), $2.7 billion (Q4 2025), and $2.5 billion (Q3 2025), per Business Quant data.