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WeWork (WeWork) Revenue

: $3,335 Mil (TTM As of Sep. 2023)
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WeWork's revenue for the three months ended in Sep. 2023 was $794 Mil. Its revenue for the trailing twelve months (TTM) ended in Sep. 2023 was $3,335 Mil. WeWork's Revenue per Share for the three months ended in Sep. 2023 was $14.69. Its Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2023 was $124.18.

Warning Sign:

WeWork Inc revenue per share has been in decline over the past 3 years.

During the past 12 months, the average Revenue per Share Growth Rate of WeWork was -25.60% per year. During the past 3 years, the average Revenue per Share Growth Rate was -5.00% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get other companies' revenue growth rate using Revenue per Share data.

During the past 5 years, WeWork's highest 3-Year average Revenue per Share Growth Rate was 55.00% per year. The lowest was -5.00% per year. And the median was 25.00% per year.


WeWork Revenue Historical Data

The historical data trend for WeWork's Revenue can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

WeWork Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22
Revenue
1,821.75 3,458.59 3,416.00 2,570.00 3,245.00

WeWork Quarterly Data
Dec18 Dec19 Jun20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 817.00 848.00 849.00 844.00 794.00

Competitive Comparison

For the Real Estate Services subindustry, WeWork's Revenue, along with its competitors' market caps and Revenue data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


WeWork Revenue Distribution

For the Real Estate industry and Real Estate sector, WeWork's Revenue distribution charts can be found below:

* The bar in red indicates where WeWork's Revenue falls into.



WeWork Revenue Calculation

Also referred as sales, revenue is income that a company receives from its normal business activities, usually from the sale of goods and services to customers. Revenue is often referred to as the "top line" due to its position on the income statement at the very top.

Revenue for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $3,335 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


WeWork  (OTCPK:WEWKQ) Revenue Explanation

In ranking the predictability, companies with more consistent revenue and earnings growth are ranked high with predictability.

Peter Lynch categorized companies according to their revenue growth:


Slow Grower: Inflation < 10-Year Revenue Growth Rate < 10%:
Stalwart: 10% < 10-Year Revenue Growth Rate < 20%:
Fast Grower: 10-Year Revenue Growth Rate > 20%:

His favorite companies are stalwart, those growing between 10-20% a year.

Companies in cyclical industries may see their revenue fluctuate wildly in good years and bad years.


Be Aware

Revenue can be manipulated by changing the way how revenue is booked. Companies may book sales before the payment is received, or before the revenue is fully earned. These will be added to balance sheet items such as account payable or account receivables.


WeWork Revenue Related Terms

Thank you for viewing the detailed overview of WeWork's Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.


WeWork (WeWork) Business Description

Traded in Other Exchanges
N/A
Address
75 Rockefeller Plaza, 10th floor, New York, NY, USA, 10019
WeWork Inc is a commercial real estate company that provides flexible workspaces for technology startups and services for other enterprises. It designs and builds physical and virtual shared spaces and office services for entrepreneurs and companies. The company's revenue categories are; Membership revenue consists of fees from members, net of discounts for the access to office space provided, and Service revenue consists of additional billings to members for the ancillary services provided through their memberships in excess of monthly allowances included in membership revenue, commissions earned by the Company on various services.
Executives
Kurt Wehner officer: Principal Accounting Officer 1 DISCOVERY PLACE, SILVER SPRING MD 20910
Benchmark Capital Management Co. Vii, L.l.c. 10 percent owner 2965 WOODSIDE ROAD, WOODSIDE CA 94062
Bruce Dunlevie director 2480 SAND HILL ROAD, SUITE 200, MENLO PARK CA 94025
Elizabeth A. Lapuma director 520 LAKE COOK ROAD, SUITE 315, DEERFIELD IL 60015
Henry S Miller director AMERICAN INTERNATIONAL GROUP, INC., 70 PINE STREET, NEW YORK NY 10270
Paul Aronzon director 13135 DAIRY ASHFORD, SUITE 800, SUGAR LAND TX 77478
Paul Keglevic director STELLUS CAPITAL, 10000 MEMORIAL DRIVE STE 500, HOUSTON TX 77024
Softbank Group Corp 10 percent owner 1-7-1 KAIGAN, MINATO-KU, TOKYO M0 105-7537
Pamela Swidler officer: See Remarks 177 9TH AVENUE, APT. 3C, NEW YORK NY 10011
David Tolley director C/O THE BLACKSTONE GROUP, 345 PARK AVENUE, NEW YORK NY 10154
Vikas Jayendra Parekh director C/O SYMBOTIC INC., 200 RESEARCH DRIVE, WILMINGTON MA 01887
Sandeep Mathrani director, officer: Chief Executive Officer
Andre J Fernandez officer: Chief Financial Officer 333 WEST STATE STREET, MILWAUKEE WI 53203
Alex Clavel director PO BOX 1093, BOUNDARY HALL, CRICKET SQUARE, GRAND CAYMAN E9 KY1-1102
Daniel B Hurwitz director 3300 ENTERPRISES PARKWAY, BEACHWOOD OH 44122