Every 8-K that Cushman & Wakefield Ltd (CWK) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 8-K covers material events a company has to report between its quarterly reports, so if you follow CWK and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full CWK filings page.
Cushman & Wakefield Ltd. reported higher second‑quarter 2026 revenue and non‑GAAP earnings, raised its 2026 Adjusted EPS growth target, and further reduced 6.750% senior secured notes. Revenue was $2.8 billion, up 11% from a year earlier, with Leasing revenue up 27% and Services up 8%, while Capital markets slipped 1%.
GAAP net income was $52.7 million (diluted EPS $0.22), down 8%, but Adjusted EBITDA rose 14% to $183.6 million and Adjusted EPS increased 17% to $0.35. For the first half, revenue reached $5.3 billion, Adjusted EPS $0.50, and net income $40.1 million, down 32% year over year.
Management lifted 2026 annual Adjusted EPS growth guidance to 18%‑23% from 15%‑20%. Liquidity totaled $1.5 billion, with net debt of $2.1 billion. The company repriced and extended a term loan to 2033 and reduced the 6.750% senior secured notes by $450 million in the quarter, followed by an additional $50 million redemption on August 4, leaving $150 million of these notes outstanding.
Cushman & Wakefield Ltd. amended its Credit Agreement to refinance and extend a major term loan while partially redeeming near-term bonds. The company upsized its amended term loan tranche by $353 million to $1.2 billion, cut the margin on these borrowings from Term SOFR plus 2.75% to Term SOFR plus 2.25%, and extended the maturity to 2033. A separate $840 million term loan tranche remains unchanged. Using incremental term loan proceeds, the company completed a $350 million partial redemption of its 6.75% Senior Secured Notes due May 2028, leaving $200 million outstanding. Management describes this as improving the debt maturity profile and lowering interest costs while keeping overall gross debt roughly stable.
Cushman & Wakefield Ltd. is reshaping its debt profile through a planned amendment to its senior secured term loan and a conditional partial bond redemption. The company expects to amend its Credit Agreement so that approximately $848 million of existing term loans (the 2026-1 Term Loans) are repriced, have their maturity extended to a date seven years from the amendment’s effective date, and are upsized by about $353 million. These loans are expected to bear interest at Term SOFR plus 2.25% or a Base Rate plus 1.25%. Around $840 million of other term loans (the 2025-3 Term Loans) are expected to be unchanged. Separately, the U.S. Borrower has elected to redeem $350 million of its $550 million 6.750% Senior Secured Notes due May 2028 at 100% of principal plus accrued interest, with completion targeted for June 15, 2026. This partial redemption is conditioned on completing refinancing transactions that generate sufficient net proceeds, although the borrower may waive this condition.
Cushman & Wakefield Ltd. reported that its wholly-owned subsidiary, Cushman & Wakefield U.S. Borrower, LLC, completed a partial redemption of $100 million of its 6.750% Senior Secured Notes due May 2028.
After this transaction, $550 million aggregate principal amount of these 2028 Notes remains outstanding. The terms of the notes continue to be governed by the existing Indenture.
Cushman & Wakefield Ltd. reported results of its 2026 annual general meeting, where shareholders approved a new 2026 Omnibus Share and Cash Incentive Plan. This plan is intended to provide share- and cash-based awards to employees, non-employee directors, consultants and independent contractors.
The 2026 Plan replaces two prior omnibus incentive plans and has an initial share pool of 12,150,000 common shares, plus 291,984 common shares that remained available under the prior plans as of May 14, 2026. Shareholders also elected three directors, reappointed KPMG LLP as independent auditor for the year ending December 31, 2026, approved executive compensation on an advisory basis, and approved the 2026 Plan itself.
The company stated it will continue to hold advisory “say on pay” votes annually until the next required vote on the frequency of such advisory votes.
Cushman & Wakefield Ltd. reported strong top-line growth in the first quarter of 2026 but a small GAAP loss. Revenue reached $2.54 billion, up 11% from a year earlier, led by Services up 9%, Leasing up 19%, Capital markets up 15%, and Valuation and other up 9%.
The company recorded a net loss of $12.6 million versus net income of $1.9 million, mainly due to a $16.6 million non-cash pension buy-out settlement loss in the U.K. and an $11.8 million non-cash servicing liability tied to its receivables securitization, plus weaker equity-method earnings.
Excluding these items, Adjusted EBITDA rose 16% to $111.3 million, adjusted net income increased 69% to $34.7 million, and adjusted diluted EPS was $0.15, up from $0.09. Liquidity at March 31, 2026 was $1.6 billion, and net debt was $2.1 billion. The company also elected to partially redeem $100 million of its 6.750% senior secured notes due 2028.
Cushman & Wakefield Ltd. reported that its wholly owned subsidiary, Cushman & Wakefield U.S. Borrower, LLC, has elected to partially redeem $100 million of its outstanding $650 million 6.750% Senior Secured Notes due May 2028.
The partial redemption will occur on May 15, 2026, at a price equal to 100% of the principal amount of the notes being redeemed, plus accrued and unpaid interest up to, but excluding, the redemption date. The formal notice of redemption will be delivered to noteholders by the trustee under the existing indenture.
Cushman & Wakefield Ltd. furnished recast, unaudited quarterly financial information for 2024 and 2025 and updated how it presents certain metrics. Effective January 1, 2026, it will stop reporting service line fee revenue and several non-GAAP measures, including Adjusted EBITDA margin and fee-based operating expenses.
The company redefined “Cost of gross contract reimbursables” as Gross contract costs, now shown on a gross basis, and refined corporate cost allocations across segments. These changes do not affect total revenue, consolidated net income (loss), earnings (loss) per share or cash flows for prior periods.
On the recast basis, total revenue was $9,446.5 million in 2024 and $10,288.2 million in 2025, with Adjusted EBITDA of $581.9 million in 2024 and $656.2 million in 2025. Net income (loss) was $131.3 million in 2024 and $88.2 million in 2025.
Cushman & Wakefield Ltd. reported record fourth quarter and full-year 2025 revenue, with total revenue of $10.3 billion, up 9% from 2024, and fourth quarter revenue of $2.9 billion, up 11% year over year.
Despite a fourth quarter net loss of $22.4 million and full-year net income of $88.2 million, down from $131.3 million, results were heavily impacted by a one-time, other-than-temporary impairment of $177.0 million on the Greystone joint venture.
On an adjusted basis, performance was stronger: full-year Adjusted EBITDA rose 13% to $656.2 million, and adjusted diluted earnings per share increased 34% to $1.22. Free cash flow improved by $126.0 million to $293.0 million, and the company prepaid $300.0 million of term loan debt, ending 2025 with liquidity of $1.8 billion.
Cushman & Wakefield Ltd. used an investor day to outline multi-year financial targets and strategic goals for 2026–2028. The company expects to reach a net debt leverage ratio of 3.2x by year-end 2025, signaling a focus on managing its debt load. From 2026 through 2028, it is targeting free cash flow conversion of 60–80%, which it expects to translate into about $800 million of cumulative free cash flow starting in 2026. These goals are based on non-GAAP measures such as adjusted earnings per share, free cash flow conversion, net debt and Adjusted EBITDA margin, and the company emphasizes that forward-looking figures involve uncertainties and may differ materially from actual results.
Cushman & Wakefield (CWK) furnished an 8‑K to announce it issued a press release reporting financial results for the third quarter of 2025. The release is included as Exhibit 99.1 under Item 2.02 (Results of Operations and Financial Condition).
The company noted that the information in Item 2.02, including Exhibit 99.1, is furnished, not filed under the Exchange Act, which means it is not subject to Section 18 liability and is not incorporated by reference unless specifically stated.
Cushman & Wakefield plc amended its senior credit facility effective October 21, 2025. The Amendment reduces the revolving commitments from $1,100 million to $1,000 million and extends the revolving maturity from April 28, 2027 to October 21, 2030, subject to a springing maturity date in certain circumstances.
The update also refreshes currency reference rates for revolving borrowings, including replacing CDOR with Term CORRA, and reduces applicable interest for certain levels within the leverage-based pricing step downs as set forth in the Credit Agreement. A press release describing the Amendment was furnished as Exhibit 99.1, and the full Amendment was filed as Exhibit 10.1.
Cushman & Wakefield (CWK) shareholders approved a plan to redomicile from England and Wales to Bermuda via a court‑sanctioned scheme of arrangement. Resolutions at the Court Meeting and General Meeting—each requiring at least 75% approval—were passed, paving the way for the transaction, including a one‑for‑one issuance of common shares of Cushman & Wakefield Ltd. to existing holders.
Shareholder participation was high at each meeting, and advisory votes on proposed bye‑law changes were also approved. The closing remains subject to Court sanction and other conditions. The proposed timeline lists a Court hearing on November 25, 2025; record time and last trading/disablement at 5:00 p.m. ET on November 26, 2025; effectiveness and cancellation/issuance on November 27, 2025; and listing and trading of the new shares at market open on November 28, 2025.
Cushman & Wakefield plc reported a material event filing that documents an Amendment No. 12 to its Credit Agreement dated October 1, 2025. The amendment names Cushman & Wakefield U.S. Borrower, LLC and DTZ UK Guarantor Limited among the obligors and lists JPMorgan Chase Bank, N.A. as administrative agent and other lenders as parties to the agreement.
The company also issued a related press release dated October 2, 2025, and provided an interactive Inline XBRL cover page. The filing is signed by Neil Johnston, Chief Financial Officer. The document itself lists the amendment and the press release as the disclosed material events without additional financial details or explanatory text.
No amounts, covenants, financial impacts, or forward-looking statements are provided in the disclosed text, so the filing communicates the existence and timing of the amendment and press release but does not describe their substantive effects.