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Side-by-side financial comparison of Cushman & Wakefield Ltd. (CWK) and LOGITECH INTERNATIONAL S.A. (LOGI). Click either name above to swap in a different company.

Cushman & Wakefield Ltd. is the larger business by last-quarter revenue ($2.5B vs $1.4B, roughly 1.8× LOGITECH INTERNATIONAL S.A.). On growth, Cushman & Wakefield Ltd. posted the faster year-over-year revenue change (11.0% vs 6.1%). LOGITECH INTERNATIONAL S.A. produced more free cash flow last quarter ($465.6M vs $-255.7M). Over the past eight quarters, LOGITECH INTERNATIONAL S.A.'s revenue compounded faster (18.5% CAGR vs 5.3%).

Cushman & Wakefield Inc. is an American global commercial real estate and property management services firm. The company's corporate headquarters is located in Chicago, Illinois. It is named after co-founders J. Clydesdale Cushman and Bernard Wakefield.

Logitech International S.A. is a Swiss multinational manufacturer of computer peripherals and software. Headquartered in Lausanne, Switzerland, the company has offices throughout Europe, Asia, Oceania, and the Americas. It is a component of the Swiss Market Index, and is listed on the Nasdaq.

CWK vs LOGI — Head-to-Head

Bigger by revenue
CWK
CWK
1.8× larger
CWK
$2.5B
$1.4B
LOGI
Growing faster (revenue YoY)
CWK
CWK
+4.9% gap
CWK
11.0%
6.1%
LOGI
More free cash flow
LOGI
LOGI
$721.3M more FCF
LOGI
$465.6M
$-255.7M
CWK
Faster 2-yr revenue CAGR
LOGI
LOGI
Annualised
LOGI
18.5%
5.3%
CWK

Income Statement — Q1 FY2026 vs Q3 FY2026

Metric
CWK
CWK
LOGI
LOGI
Revenue
$2.5B
$1.4B
Net Profit
$251.0M
Gross Margin
43.2%
Operating Margin
2.3%
20.1%
Net Margin
17.7%
Revenue YoY
11.0%
6.1%
Net Profit YoY
25.4%
EPS (diluted)
$-0.05
$1.69

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
CWK
CWK
LOGI
LOGI
Q1 26
$2.5B
Q4 25
$2.9B
$1.4B
Q3 25
$2.6B
$1.2B
Q2 25
$2.5B
$1.1B
Q1 25
$2.3B
$1.0B
Q4 24
$2.6B
$1.3B
Q3 24
$2.3B
$1.1B
Q2 24
$2.3B
$1.1B
Net Profit
CWK
CWK
LOGI
LOGI
Q1 26
Q4 25
$-22.4M
$251.0M
Q3 25
$51.4M
$170.7M
Q2 25
$57.3M
$146.0M
Q1 25
$1.9M
$144.1M
Q4 24
$112.9M
$200.1M
Q3 24
$33.7M
$145.5M
Q2 24
$13.5M
$141.8M
Gross Margin
CWK
CWK
LOGI
LOGI
Q1 26
Q4 25
43.2%
Q3 25
43.4%
Q2 25
41.7%
Q1 25
43.1%
Q4 24
42.9%
Q3 24
43.6%
Q2 24
42.8%
Operating Margin
CWK
CWK
LOGI
LOGI
Q1 26
2.3%
Q4 25
6.1%
20.1%
Q3 25
4.1%
16.1%
Q2 25
4.9%
14.1%
Q1 25
2.0%
10.5%
Q4 24
6.6%
17.5%
Q3 24
3.2%
14.4%
Q2 24
3.1%
14.1%
Net Margin
CWK
CWK
LOGI
LOGI
Q1 26
Q4 25
-0.8%
17.7%
Q3 25
2.0%
14.4%
Q2 25
2.3%
12.7%
Q1 25
0.1%
14.3%
Q4 24
4.3%
14.9%
Q3 24
1.4%
13.0%
Q2 24
0.6%
13.0%
EPS (diluted)
CWK
CWK
LOGI
LOGI
Q1 26
$-0.05
Q4 25
$-0.10
$1.69
Q3 25
$0.22
$1.15
Q2 25
$0.25
$0.98
Q1 25
$0.01
$0.94
Q4 24
$0.49
$1.32
Q3 24
$0.14
$0.95
Q2 24
$0.06
$0.92

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
CWK
CWK
LOGI
LOGI
Cash + ST InvestmentsLiquidity on hand
$600.6M
$1.8B
Total DebtLower is stronger
Stockholders' EquityBook value
$2.0B
$2.3B
Total Assets
$7.6B
$4.1B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CWK
CWK
LOGI
LOGI
Q1 26
$600.6M
Q4 25
$784.2M
$1.8B
Q3 25
$634.4M
$1.4B
Q2 25
$618.2M
$1.5B
Q1 25
$623.2M
$1.5B
Q4 24
$793.3M
$1.5B
Q3 24
$775.4M
$1.4B
Q2 24
$567.3M
$1.5B
Total Debt
CWK
CWK
LOGI
LOGI
Q1 26
Q4 25
$2.7B
Q3 25
$2.8B
Q2 25
$3.0B
Q1 25
$3.0B
Q4 24
$3.0B
Q3 24
$3.1B
Q2 24
$3.1B
Stockholders' Equity
CWK
CWK
LOGI
LOGI
Q1 26
$2.0B
Q4 25
$2.0B
$2.3B
Q3 25
$2.0B
$2.1B
Q2 25
$1.9B
$2.2B
Q1 25
$1.8B
$2.1B
Q4 24
$1.8B
$2.1B
Q3 24
$1.7B
$2.1B
Q2 24
$1.6B
$2.2B
Total Assets
CWK
CWK
LOGI
LOGI
Q1 26
$7.6B
Q4 25
$7.7B
$4.1B
Q3 25
$7.7B
$3.7B
Q2 25
$7.6B
$3.7B
Q1 25
$7.4B
$3.5B
Q4 24
$7.5B
$3.7B
Q3 24
$7.5B
$3.6B
Q2 24
$7.3B
$3.7B
Debt / Equity
CWK
CWK
LOGI
LOGI
Q1 26
Q4 25
1.40×
Q3 25
1.45×
Q2 25
1.57×
Q1 25
1.70×
Q4 24
1.73×
Q3 24
1.81×
Q2 24
1.91×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
CWK
CWK
LOGI
LOGI
Operating Cash FlowLast quarter
$-243.5M
$480.5M
Free Cash FlowOCF − Capex
$-255.7M
$465.6M
FCF MarginFCF / Revenue
-10.1%
32.8%
Capex IntensityCapex / Revenue
1.0%
Cash ConversionOCF / Net Profit
1.91×
TTM Free Cash FlowTrailing 4 quarters
$203.9M
$903.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CWK
CWK
LOGI
LOGI
Q1 26
$-243.5M
Q4 25
$257.3M
$480.5M
Q3 25
$235.5M
$228.8M
Q2 25
$9.6M
$125.0M
Q1 25
$-162.0M
$129.7M
Q4 24
$115.2M
$370.9M
Q3 24
$196.1M
$166.0M
Q2 24
$21.8M
$176.0M
Free Cash Flow
CWK
CWK
LOGI
LOGI
Q1 26
$-255.7M
Q4 25
$234.3M
$465.6M
Q3 25
$225.0M
$212.3M
Q2 25
$300.0K
$108.8M
Q1 25
$-166.6M
$116.9M
Q4 24
$105.9M
$356.6M
Q3 24
$186.7M
$151.5M
Q2 24
$10.0M
$161.4M
FCF Margin
CWK
CWK
LOGI
LOGI
Q1 26
-10.1%
Q4 25
8.0%
32.8%
Q3 25
8.6%
17.9%
Q2 25
0.0%
9.5%
Q1 25
-7.3%
11.6%
Q4 24
4.0%
26.6%
Q3 24
8.0%
13.6%
Q2 24
0.4%
14.8%
Capex Intensity
CWK
CWK
LOGI
LOGI
Q1 26
Q4 25
0.8%
1.0%
Q3 25
0.4%
1.4%
Q2 25
0.4%
1.4%
Q1 25
0.2%
1.3%
Q4 24
0.4%
1.1%
Q3 24
0.4%
1.3%
Q2 24
0.5%
1.3%
Cash Conversion
CWK
CWK
LOGI
LOGI
Q1 26
Q4 25
1.91×
Q3 25
4.58×
1.34×
Q2 25
0.17×
0.86×
Q1 25
-85.26×
0.90×
Q4 24
1.02×
1.85×
Q3 24
5.82×
1.14×
Q2 24
1.61×
1.24×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

CWK
CWK

Services$1.7B69%
Leasing$497.7M20%
Capital markets$181.6M7%
Valuation and other$113.8M4%

LOGI
LOGI

Retail Gaming$482.7M34%
Retail Keyboards Desktops$254.6M18%
Retail Pointing Devices$241.2M17%
Retail Video Collaboration$193.3M14%
Retail Tablet And Other Accessories$93.6M7%
Retail Webcams$82.3M6%
Retail Headsets$45.9M3%
Other Retail Products$28.0M2%

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