---
schema_version: "secwatch.filing_event.v1"
accession: "0001628369-26-000005"
form_type: "8-K"
ticker: "CWK"
cik: "0001628369"
company_name: "Cushman & Wakefield Ltd."
filed_at: "2026-02-19T23:59:59+00:00"
generated_at: "2026-05-16T01:45:15.225831+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.95
calibrated_materiality_score: 0.95
confidence: "high"
source: SEC EDGAR
---

# Cushman & Wakefield reports record Q4 and full year 2025 revenue, 34% adjusted EPS growth

## Summary
- Q4 revenue of $2.9 billion rose 11% (10% in constant currency) from Q4 2024, a company record.
- Adjusted diluted EPS of $0.54 increased 13% year-over-year; full year adjusted EPS of $1.22 rose 34%.
- Adjusted EBITDA of $238.7 million in Q4 was up 7%; full year adjusted EBITDA of $656.2 million grew 13%.
- Prepaid $300 million of term loans during 2025 and repriced term loans to lowest credit spread in history.
- Recognized a $177 million non-cash impairment on equity method investment in Cushman Wakefield Greystone joint venture.

## SEC filing metadata
- accession: 0001628369-26-000005
- form_type: 8-K
- ticker: CWK
- cik: 0001628369
- company_name: Cushman & Wakefield Ltd.
- filed_at: 2026-02-19T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.95
- calibrated_materiality_score: 0.95
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1628369/000162836926000005/0001628369-26-000005-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1628369/000162836926000005/cwk-20260219.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628369-26-000005
- JSON: https://secwatch.observer/filing/0001628369-26-000005.json
- Plain text: https://secwatch.observer/filing/0001628369-26-000005.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.