10-Q quarterly report · filed May 7, 2026

Cushman & Wakefield Ltd. (CWK) Q1 2026 10-Q Quarterly Report

Short answer

Cushman & Wakefield Ltd. (CWK) filed its Q1 2026 10-Q quarterly report on May 7, 2026 for the quarter ended Mar 31, 2026. Quarterly revenue was $2.5B (up 11.0% year over year) with net income of −$13M.

Q1 2026 key financials · XBRL

Revenue
$2.5B
+11.0% YoY
Net income
−$13M
−763.2% YoY
Operating margin
2.3%
EPS (diluted)
−$0.05
−600.0% YoY

Source: XBRL data from the Cushman & Wakefield Ltd. (CWK) Q1 2026 10-Q on SEC EDGAR. USD.

Cushman & Wakefield Ltd. Q1 2026 10-Q analysis

AI summary of MD&A and risk factor updates

Management Discussion & Analysis

  • Revenue $2.536B, up $251.2M or 11% YoY, led by Leasing up 19% to $497.7M
  • Services revenue $1.743B, up 9% YoY, driven by facilities management and project management
  • Operating margin 2.3% vs 2.0% YoY; net loss $12.6M vs $1.9M income
  • Adjusted EBITDA $111.3M, up 16% YoY; liquidity $1.6B, including $0.6B cash
  • Headwinds: inflation, tariffs, unemployment, energy costs, currency volatility and geopolitical uncertainty

Risk Factors

  • No material changes to risk factors from the 2025 Annual Report
  • Regulatory risk carried forward under existing 2025 disclosures
  • Operational and market risks unchanged from the 2025 Annual Report
  • Financial risks unchanged from the 2025 Annual Report

Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K

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