Cushman & Wakefield reported record second-quarter total revenue of $2.8 billion, up 11% year-over-year in local currency, and raised its full-year 2026 outlook. The company now expects revenue growth at the mid- to high end of its 6% to 8% guidance range and increased its adjusted EPS growth target to 18% to 23% from 15% to 20%. Leasing revenue surged 27% globally, with Americas leasing up 35%, while services revenue grew 7% and project management rose 20%. Adjusted EBITDA reached $184 million, a 13% increase, and adjusted EPS of $0.35 rose 17%, marking the sixth consecutive quarter of double-digit adjusted EPS growth. The company also reduced net leverage to 3x from 3.7x a year ago and paid down an additional $150 million of debt, bringing cumulative repayments to approximately $650 million since the start of 2024.
Cushman & Wakefield plcRecord Q2 revenue and raised 2026 guidance, with increased EPS growth target and debt reduction.
