Cushman & Wakefield CWK
NYSE CWK
$13.16 -0.10 (-0.72%)
As of: Sep 9, 2026 · 3:59 PM EDT

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

Cushman & Wakefield (CWK) posted Operating Expenses of $2.6 billion for Q2 2026, up 6.11% on a QoQ basis from $2.5 billion in Q1 2026, and up 11.32% year-over-year from $2.4 billion in Q2 2025.

Analysis

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

Cushman & Wakefield has reported Operating Expenses for 10 years, with the latest figure at $2.6 billion in Q2 2026.

  • On a quarterly basis, Operating Expenses rose 11.32% year-over-year to $2.6 billion in Q2 2026; TTM through Jun 2026 was $10.3 billion, a 10.9% increase from a year earlier, with the FY2025 full-year figure at $9.8 billion, up 7.99% from the prior year.
  • Operating Expenses was $2.6 billion for Q2 2026 at Cushman & Wakefield, up from $2.5 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.
  • Average Operating Expenses over 5 years is $2.4 billion, with a median of $2.4 billion recorded in 2022.
  • The sharpest annual moves came in 2022 and 2023: Operating Expenses rose 14.7% in 2022, then retreated 7.27% in 2023.
  • Over 5 years, Operating Expenses stood at $2.5 billion in 2022, then slipped by 3.69% to $2.4 billion in 2023, then advanced by 0.52% to $2.5 billion in 2024, then grew by 11.48% to $2.7 billion in 2025, then fell by 3.96% to $2.6 billion in 2026.
  • The last three Operating Expenses figures came in at $2.6 billion (Q2 2026), $2.5 billion (Q1 2026), and $2.7 billion (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Cbre 40.91 Bn 39.42 Bn 2.09 Bn -
2 Jones Lang Lasalle 16.03 Bn 15.58 Bn - 6.64 Bn
3 Colliers International 4.82 Bn 4.55 Bn 635.11 Mn 485.10 Mn
4 Cushman & Wakefield 3.10 Bn 2.60 Bn 512.00 Mn 2.63 Bn
5 Marcus & Millichap 1.18 Bn 965.65 Mn - 200.70 Mn
6 Rmr 324.23 Mn 266.03 Mn 151.79 Mn 162.79 Mn
7 Comstock Holding Companies 211.34 Mn 186.00 Mn 7.98 Mn 15.94 Mn
8 Reitar Logtech Holdings 5.32 Mn 4.22 Mn - -
Historic Data

Historic Data

Download Data
DateValue
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