Cushman & Wakefield reported a revenue of $2.6 billion for Q2 2022, a 16% increase compared to Q2 2021. Net income was $97.2 million, up 84% from the prior year, and adjusted EBITDA increased by 20% to $262.8 million. The growth was primarily driven by strong performance in Leasing and Capital Markets.
Revenue increased by 16% to $2.6 billion compared to the second quarter of 2021.
Leasing and Capital Markets grew 22% and 30%, respectively.
Net income increased 84% to $97.2 million compared to the second quarter of 2021.
Adjusted EBITDA increased 20% to $262.8 million with Adjusted EBITDA margin of 13.7%.
No specific forward guidance was provided in the press release.
Visualization of income flow from segment revenue to net income