Filing Flows › Cushman & Wakefield (CWK) › How it makes money
How Cushman & Wakefield (CWK) makes money
Cushman & Wakefield (CWK) made $2.8B of revenue in the third quarter 2026 (Q3 2026), +8% from a year earlier. Americas brought in $2.1B (73%); APAC brought in $484M (17%); EMEA brought in $270M (10%). Of every dollar of revenue, 5¢ was left as operating profit, 2¢ was left as net earnings.
Drawing the Sankey…
Revenue by segment, Q3 2026
| Segment | Revenue | Share | Q/Q | Y/Y |
|---|---|---|---|---|
| Americas | $2.1B | 73.1% | +3% | +7% |
| APAC | $484M | 17.3% | +3% | +15% |
| EMEA | $270M | 9.6% | -9% | +4% |
Where each dollar of revenue goes
| Line | Q3 2026 | % of revenue |
|---|---|---|
| Revenue | $2.8B | 100.0% |
| Operating profit | $130M | 4.6% |
| Income tax | $31.6M | 1.1% |
| Net earnings | $52.1M | 1.9% |
| Operating cash flow | $214M | 7.6% |
| Free cash flow | $176M | 6.3% |
Revenue, quarter by quarter
| Quarter | Revenue | Y/Y |
|---|---|---|
| Q3 2026 | $2.8B | +8% |
| Q2 2026 | $2.8B | +11% |
| Q1 2026 | $2.5B | +11% |
| Q4 2025 | $2.9B | +11% |
| Q3 2025 | $2.6B | +11% |
| Q2 2025 | $2.5B | +9% |
| Q1 2025 | $2.3B | +5% |
From Cushman & Wakefield's 10-Q filed Nov 4, 2026 (on EDGAR).
Questions
How does Cushman & Wakefield make money?
Cushman & Wakefield (CWK) made $2.8B of revenue in the third quarter 2026 (Q3 2026), +8% from a year earlier. Americas brought in $2.1B (73%); APAC brought in $484M (17%); EMEA brought in $270M (10%). Of every dollar of revenue, 5¢ was left as operating profit, 2¢ was left as net earnings.
What is Cushman & Wakefield's biggest business?
Americas: $2.1B in the third quarter 2026, 73% of revenue, +7% from a year earlier.
What is Cushman & Wakefield's profit margin?
Net earnings were $52.1M, 1.9% of revenue, in the third quarter 2026; the operating margin was 4.6%.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.