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WeWork's peak revenue was $3.4B in 2020. The peak quarterly revenue was $849.0M in 2023(q1).
WeWork's revenue increased from $3.4b in 2020 to $3.2B currently. That's a -5.01% change in annual revenue.
| Fiscal year / year | WeWork revenue |
|---|---|
| 2020 | $3.4B |
| 2021 | $2.6B |
| 2022 | $3.2B |
| Year | Q1 | Q2 | Q3 | Q4 |
|---|---|---|---|---|
| 2021 | - | - | - | $718.0M |
| 2022 | $765.0M | $815.0M | $817.0M | $848.0M |
| 2023 | $849.0M | $844.0M | - | - |
Do you work at WeWork?
Did WeWork meet its revenue projections?
| CEO | Sandeep Mathrani |
| Industry | Commercial & Professional Services |
| Company Type | Public |
| Employees Number | 6,000 |
| Date Founded | 2010 |
| Headquarters | New York, New York |
| Number of Locations | 3 |
| Revenue | $3.2B |
| Net Income | -$2,034,000,000 |
| Gross Proft | $331.0M (2022) |
| EBITDA | ($880.0M) (2022) |
| Tax Rate | -0.0% |
| Total Assets | $17,863,000,000 |
| Ticker | WE |
WeWork received early financing of $1.0M on 2011-10-25.
| Series | Round size | Date |
|---|---|---|
| Seed | $1M | 10/2011 |
| Angel | $6.9M | 12/2011 |
| Series A | $17M | 04/2012 |
| Series B | $40M | 02/2013 |
| Series C | $150M | 11/2013 |
| Series D | $355M | 10/2014 |
| Series E | $433.9M | 03/2015 |
| Series F | $690M | 11/2016 |
| Series G | $4.4B | 08/2017 |
| Debt Financing | $702M | 04/2018 |
| Debt Financing | $1B | 08/2018 |
| Undisclosed | $3B | 11/2018 |
| Series H | $1B | 01/2019 |
| Secondary Market | $1B | 01/2019 |
| Debt Financing | $5B | 10/2019 |
| Debt Financing | $1.8B | 12/2019 |
| Debt Financing | $1.1B | 08/2020 |
| Post Ipo Equity | $800M | 10/2021 |
| Post Ipo Equity | $150M | 10/2021 |
| Investors | Security type |
|---|---|
| Aber Whitcomb | Angel |
| Benchmark | Series A |
| DivcoWest | Series C |
| Aleph | Series C |
| The Goldman Sachs Group, Inc. | Series D |
| Benchmark | Series D |
| Harvard Management Company | Series D |
| JPMorgan Chase & Co. | Series D |
| Wellington Management | Series D |
| T. Rowe Price Group, Inc. | Series D |
| JPMorgan Chase & Co. | Series E |
| T. Rowe Price Group, Inc. | Series E |
| Fidelity Investments | Series E |
| GLADE BROOK CAPITAL PARTNERS LLC | Series E |
| Legend Holdings | Series F |
| Shanghai Jin Jiang International Hotels | Series F |
| Hony Capital | Series F |
| China Oceanwide Holdings Group Co Ltd | Series G |
| SoftBank Investment Advisers | Series G |
| GREENLAND HONG KONG HOLDINGS | Series G |
| SoftBank | Series G |
| Hony Capital | Series G |
| SoftBank | Debt Financing |
| SoftBank | Undisclosed |
| SoftBank | Series H |
| SoftBank | Secondary Market |
| The Goldman Sachs Group, Inc. | Debt Financing |
| SoftBank | Debt Financing |
| Centaurus Capital | Post Ipo Equity |
| Insight Partners | Post Ipo Equity |
| Fidelity Management & Research Co LLC | Post Ipo Equity |
| BlackRock, Inc. | Post Ipo Equity |
| Starwood Capital Group | Post Ipo Equity |
| Cushman & Wakefield | Post Ipo Equity |
WeWork's top competitor, DFC Holdings LLC, earned an annual revenue of $7.5B.
WeWork's smallest competitor is Porticos with revenue of $1.6M last year.
| Company name | Average salary | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Porticos | - | $1.6M | 30 | - |
| Vinebrook Homes | - | $10.0M | 143 | - |
| Terra Holding Co | - | $140.0M | 1,500 | - |
| PRG Real Estate | - | $13.0M | 200 | - |
| Warm Blankets Orphan Care International | - | $5.0M | 6 | - |
| DFC Holdings LLC | - | $7.5B | 34,800 | - |
| Empire State Realty Trust | - | $767.9M | 500 | - |
| Dream Finders Homes | - | $4.5B | 299 | - |
| Poag Shopping Centers | - | $7.6M | 75 | - |
| Remac | - | $4.7M | 49 | - |
Zippia gives an in-depth look into the details of WeWork, including salaries, political affiliations, employee data, and more, in order to inform job seekers about WeWork. The employee data is based on information from people who have self-reported their past or current employments at WeWork. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by WeWork. The data presented on this page does not represent the view of WeWork and its employees or that of Zippia.
WeWork may also be known as or be related to WeWork, WeWork Companies Inc., WeWork Cos Inc, Wework and Wework Companies Inc.