CWK: financial statements from SEC

Income statement

Metric	Dec 31, 2025	Dec 31, 2024
Revenue	10.29bn	9.45bn
Cost of revenue	8.41bn	7.72bn
Selling, general and administrative	1.32bn	1.22bn
Operating expenses	9.84bn	9.11bn
Operating income	453m	339m
Pre-tax income	114m	176m
Income tax	26m	45m
Net income	88m	131m
Earnings per share	0.38	0.57
Earnings per share, diluted	0.38	0.56
Weighted average shares	231m	229m
Weighted average shares, diluted	235m	233m

Metric	Mar 31, 2026	Dec 31, 2025	Sep 30, 2025	Jun 30, 2025	Mar 31, 2025	Dec 31, 2024	Sep 30, 2024	Jun 30, 2024
Cash and equivalents	601m	784m	634m	618m	623m	793m	813m	605m
Current assets	2.75bn	2.84bn	2.67bn	2.64bn	2.60bn	2.69bn	2.65bn	2.59bn
Property, plant and equipment	134m	133m	122m	124m	126m	136m	142m	148m
Goodwill	2.06bn	2.06bn	2.06bn	2.06bn	2.02bn	2.00bn	2.05bn	2.02bn
Total assets	7.65bn	7.68bn	7.69bn	7.56bn	7.41bn	7.55bn	7.53bn	7.34bn
Current liabilities	2.43bn	2.59bn	2.51bn	2.33bn	2.20bn	2.33bn	2.24bn	2.14bn
Short-term debt	130m	125m	129m	175m	109m	103m	96m	142m
Long-term debt	2.62bn	2.62bn	2.72bn	2.82bn	2.91bn	2.94bn	3.00bn	3.00bn
Total liabilities	5.70bn	5.72bn	5.73bn	5.65bn	5.63bn	5.79bn	5.83bn	5.70bn
Equity	1.95bn	1.96bn	1.96bn	1.90bn	1.78bn	1.75bn	1.70bn	1.64bn
Shares outstanding	234m	232m	232m	231m	231m	230m	229m	229m
Shares issued	234m	232m	232m	231m	231m	230m	229m	229m

Metric	Dec 31, 2025	Dec 31, 2024
Operating cash flow	340m	208m
Depreciation and amortisation	104m	122m
Share-based compensation	58m	36m
Capital expenditure	47m	41m
Investing cash flow	−21m	81m
Financing cash flow	−351m	−253m