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

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

  • For Q4 2025, Operating Expenses rose 11.48% year-over-year to $2.7 billion; the TTM value through Dec 2025 reached $9.8 billion, up 7.99%, while the annual FY2025 figure was $9.8 billion, 7.99% up from the prior year.
  • Operating Expenses for Q4 2025 was $2.7 billion at Cushman & Wakefield, up from $2.5 billion in the prior quarter.
  • Over five years, Operating Expenses peaked at $2.7 billion in Q4 2025 and troughed at $1.9 billion in Q1 2021.
  • A 5-year average of $2.3 billion and a median of $2.3 billion in 2023 define the central range for Operating Expenses.
  • Biggest five-year swings in Operating Expenses: grew 20.97% in 2021 and later fell 7.27% in 2023.
  • Year by year, Operating Expenses stood at $2.6 billion in 2021, then decreased by 3.74% to $2.5 billion in 2022, then dropped by 3.69% to $2.4 billion in 2023, then rose by 0.52% to $2.5 billion in 2024, then increased by 11.48% to $2.7 billion in 2025.
  • Business Quant data shows Operating Expenses for CWK at $2.7 billion in Q4 2025, $2.5 billion in Q3 2025, and $2.4 billion in Q2 2025.