StockWatch
·
Real Estate
Quarterly ResultMay 7, 2026, 04:19 PM

Cushman & Wakefield Q1 Revenue +11% to $2.54B; Net Loss $(12.6)M

AI Summary

Cushman & Wakefield reported an 11% increase in revenue to $2.54 billion for Q1 2026, up from $2.28 billion in Q1 2025. Despite this revenue growth and a 15.7% rise in Adjusted EBITDA to $111.3 million, the company recorded a net loss of $12.6 million, a significant decline from a net income of $1.9 million in the prior year period. Basic and diluted EPS also turned negative at $(0.05).

Key Highlights

  • Revenue increased 11.0% to $2,535.8 million for Q1 2026, from $2,284.6 million in Q1 2025.
  • Net loss was $(12.6) million in Q1 2026, compared to net income of $1.9 million in Q1 2025.
  • Basic and diluted loss per share was $(0.05) for Q1 2026, down from $0.01 earnings per share.
  • Adjusted EBITDA rose 15.7% to $111.3 million in Q1 2026, from $96.2 million in Q1 2025.
  • Americas segment revenue grew 8.3% to $1,829.0 million in Q1 2026.
  • EMEA segment revenue increased 31.7% to $270.1 million in Q1 2026.
  • APAC segment revenue rose 11.6% to $436.7 million in Q1 2026.
  • Net cash used in operating activities increased to $(243.5) million from $(162.0) million.