Cushman & Wakefield (CWK) Operating Expenses (2017 - 2026)
Cushman & Wakefield (CWK) posted quarterly Operating Expenses of $2.5 billion for Q1 2026, up 10.62% year-over-year from $2.2 billion in Q1 2025, and down 9.49% quarter-over-quarter from $2.7 billion in Q4 2025.
Cushman & Wakefield (CWK) Operating Expenses (2017 - 2026) Analysis & Trends
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 for Q1 2026 stood at $2.5 billion, down from $2.7 billion in the prior quarter.
- The five-year high for Operating Expenses was $2.7 billion in Q4 2025, with the low at $2.2 billion in Q1 2024.
- The 5-year median for Operating Expenses is $2.4 billion (2025), against an average of $2.4 billion.
- The sharpest annual moves came in 2022 and 2023: Operating Expenses grew 14.7% in 2022, then declined 7.27% in 2023.
- Cushman & Wakefield's Operating Expenses stood at $2.5 billion in 2022, then retreated by 3.69% to $2.4 billion in 2023, then rose by 0.52% to $2.5 billion in 2024, then advanced by 11.48% to $2.7 billion in 2025, then dropped by 9.49% to $2.5 billion in 2026.
- Business Quant data shows CWK's Operating Expenses at $2.5 billion in Q1 2026, $2.7 billion in Q4 2025, and $2.5 billion in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Cbre | 44.30 Bn | 42.81 Bn | 2.09 Bn | - |
| 2 | KE Holdings | 18.87 Bn | 15.99 Bn | 661.06 Mn | -476.55 Mn |
| 3 | Jones Lang Lasalle | 17.79 Bn | 17.34 Bn | - | 6.64 Bn |
| 4 | Costar | 13.04 Bn | 11.78 Bn | 728.00 Mn | 652.00 Mn |
| 5 | Compass | 9.00 Bn | 8.31 Bn | 3.88 Bn | 4.18 Bn |
| 6 | FirstService | 6.55 Bn | 6.32 Bn | 480.66 Mn | 359.42 Mn |
| 7 | Colliers International | 5.46 Bn | 5.40 Bn | 635,105.00 Bn | 485.10 Mn |
| 8 | Cushman & Wakefield | 3.45 Bn | 2.95 Bn | 512.00 Mn | 2.63 Bn |
| 9 | Opendoor Technologies | 3.35 Bn | 2.45 Bn | 86.00 Mn | 230.00 Mn |
| 10 | Newmark | 2.85 Bn | 2.46 Bn | - | 848.02 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 2.63 Bn |
| Mar 31, 2026 | 2.48 Bn |
| Dec 31, 2025 | 2.74 Bn |
| Sep 30, 2025 | 2.50 Bn |
| Jun 30, 2025 | 2.36 Bn |
| Mar 31, 2025 | 2.24 Bn |
| Dec 31, 2024 | 2.46 Bn |
| Sep 30, 2024 | 2.27 Bn |
| Jun 30, 2024 | 2.22 Bn |
| Mar 31, 2024 | 2.17 Bn |
| Dec 31, 2023 | 2.44 Bn |
| Sep 30, 2023 | 2.23 Bn |
| Jun 30, 2023 | 2.35 Bn |
| Mar 31, 2023 | 2.27 Bn |
| Dec 31, 2022 | 2.54 Bn |
| Sep 30, 2022 | 2.40 Bn |
| Jun 30, 2022 | 2.44 Bn |
| Mar 31, 2022 | 2.20 Bn |
| Dec 31, 2021 | 2.63 Bn |
| Sep 30, 2021 | 2.20 Bn |