Cushman & Wakefield (CWK) Operating Income (2017 - 2026)
Cushman & Wakefield (CWK) recorded Operating Income of $129.9 million in Q3 2026, up 20.8% from $107.5 million a year earlier but down 3.2% from the prior quarter.
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Analysis
Cushman & Wakefield (CWK) Operating Income (2017 - 2026) Analysis & Trends
On a TTM basis, Cushman & Wakefield's Operating Income came in at $499.7 million as of Sep 30, 2026, up 11.0% year-over-year; for FY2025, it was $452.5 million, up 33.5% from FY2024.
- Across earlier years, Operating Income came in at $338.9 million in FY2024 (+64.8%), $205.6 million in FY2023 (-61.6%), $535.1 million in FY2022 (+7.7%) and $497 million in FY2021.
- Quarterly Operating Income has ranged from -$18.3 million in Q1 2023 to $249.4 million in Q4 2021 over the past five years.
- On a year-over-year basis, Operating Income has increased for ten consecutive quarters, with growth averaging 47.3% over the last eight quarters.
- Peak year-over-year performance for Operating Income in the last five years was growth of 161.2% in Q4 2021, against a decline of 68.1% in Q2 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at $134.2 million (Q2 2026), $58.7 million (Q1 2026) and $176.9 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Cbre | 39.37 Bn | 32.67 Bn | 2.13 Bn | 561.00 Mn |
| 2 | KE Holdings | 20.10 Bn | -9.36 Bn | - | - |
| 3 | Jones Lang Lasalle | 17.12 Bn | 15.11 Bn | - | 391.00 Mn |
| 4 | Compass | 7.90 Bn | 6.35 Bn | - | 124.00 Mn |
| 5 | Colliers International | 4.78 Bn | 3.93 Bn | - | - |
| 6 | Cushman & Wakefield | 3.30 Bn | 929.10 Mn | 486.30 Mn | 129.90 Mn |
| 7 | Newmark | 2.11 Bn | 1.18 Bn | - | 40.41 Mn |
| 8 | Marcus & Millichap | 987.28 Mn | 84.22 Mn | - | 2.21 Mn |
| 9 | Agnt | 526.15 Mn | 57.18 Mn | 90.97 Mn | 3.11 Mn |
| 10 | Rmr | 257.24 Mn | 7.32 Mn | - | -9.27 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 129.90 Mn |
| Jun 30, 2026 | 134.20 Mn |
| Mar 31, 2026 | 58.70 Mn |
| Dec 31, 2025 | 176.90 Mn |
| Sep 30, 2025 | 107.50 Mn |
| Jun 30, 2025 | 122.80 Mn |
| Mar 31, 2025 | 45.30 Mn |
| Dec 31, 2024 | 174.50 Mn |
| Sep 30, 2024 | 75.20 Mn |
| Jun 30, 2024 | 70.40 Mn |
| Mar 31, 2024 | 18.80 Mn |
| Dec 31, 2023 | 110.00 Mn |
| Sep 30, 2023 | 57.60 Mn |
| Jun 30, 2023 | 56.30 Mn |
| Mar 31, 2023 | -18.30 Mn |
| Dec 31, 2022 | 111.10 Mn |
| Sep 30, 2022 | 112.10 Mn |
| Jun 30, 2022 | 176.60 Mn |
| Mar 31, 2022 | 135.30 Mn |
| Dec 31, 2021 | 249.40 Mn |
API Access
Cushman & Wakefield Operating Income API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-income&ticker=CWK&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-income", "ticker": "CWK", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-income&ticker=CWK&period=max&api_key=YOUR_API_KEY");
const data = await res.json();