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Cushman & Wakefield (CWK) Operating Expenses (2017 - 2025)

Cushman & Wakefield has reported Operating Expenses over the past 9 years, most recently at $2.7 billion for Q4 2025.

  • Quarterly results put Operating Expenses at $2.7 billion for Q4 2025, up 11.48% from a year ago — trailing twelve months through Dec 2025 was $9.8 billion (up 7.99% YoY), and the annual figure for FY2025 was $9.8 billion, up 7.99%.
  • Operating Expenses for Q4 2025 was $2.7 billion at Cushman & Wakefield, up from $2.5 billion in the prior quarter.
  • Over the last five years, Operating Expenses for CWK hit a ceiling of $2.7 billion in Q4 2025 and a floor of $1.9 billion in Q1 2021.
  • Median Operating Expenses over the past 5 years was $2.3 billion (2023), compared with a mean of $2.3 billion.
  • Biggest five-year swings in Operating Expenses: rose 20.97% in 2021 and later decreased 7.27% in 2023.
  • Cushman & Wakefield's Operating Expenses stood at $2.6 billion in 2021, then dropped by 3.74% to $2.5 billion in 2022, then fell by 3.69% to $2.4 billion in 2023, then increased by 0.52% to $2.5 billion in 2024, then grew by 11.48% to $2.7 billion in 2025.
  • The last three reported values for Operating Expenses were $2.7 billion (Q4 2025), $2.5 billion (Q3 2025), and $2.4 billion (Q2 2025) per Business Quant data.