WeWork (WE) stock price, revenue, and financials

WeWork market cap is $5.4 b, and annual revenue was $3.42 b in FY 2020

$5.4 B

WE Mkt cap, 24-May-2022

$593.5 M

WeWork Revenue Q2, 2021
WeWork Gross profit (Q2, 2021)-187 M
WeWork Gross profit margin (Q2, 2021), %(31.5%)
WeWork Net income (Q2, 2021)-922.5 M
WeWork EBIT (Q2, 2021)-850 M
WeWork Cash, 30-Jun-2021844 M
WeWork EV25 B
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WeWork Revenue

WeWork revenue was $3.42 b in FY, 2020 which is a 1.2% year over year decrease from the previous period.

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WeWork Revenue Breakdown

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WeWork revenue breakdown by business segment: 91.7% from Membership and Service Revenue and 8.3% from Other

WeWork revenue breakdown by geographic segment: 12.3% from United Kingdom, 25.0% from Other foreign countries, 49.3% from United States, 6.0% from Greater China and 7.3% from Japan

WeWork Income Statement

Annual

USDFY, 2018FY, 2019FY, 2020

Revenue

1.8b3.5b3.4b

Revenue growth, %

106%90%(1%)

Cost of goods sold

1.5b2.8b3.5b

Gross profit

330.0m700.3m(127.1m)

Gross profit Margin, %

18%20%(4%)

General and administrative expense

1.3b2.8b1.6b

Operating expense total

2.0b4.6b4.2b

Depreciation and amortization

313.5m589.9m589.9m

EBIT

(1.7b)(3.9b)(4.3b)

EBIT margin, %

(93%)(113%)(127%)

Interest expense

183.7m99.6m331.2m

Interest income

37.7m53.2m16.9m

Pre tax profit

(1.9b)(3.7b)(3.8b)

Income tax expense

(850.0k)45.6m19.5m

Net Income

(1.9b)(3.8b)(3.8b)

EPS

(9.9)(19.4)(18.4)

Quarterly

USDQ2, 2021

Revenue

593.5m

Cost of goods sold

780.5m

Gross profit

(187.0m)

Gross profit Margin, %

(32%)

General and administrative expense

225.1m

Operating expense total

663.0m

Depreciation and amortization

180.2m

EBIT

(850.0m)

EBIT margin, %

(143%)

Interest expense

113.3m

Interest income

4.4m

Pre tax profit

(918.5m)

Income tax expense

4.0m

Net Income

(922.5m)

EPS

(5.0)

WeWork Balance Sheet

Annual

USDFY, 2019FY, 2020

Cash

1.3b800.5m

Accounts Receivable

230.2m176.5m

Current Assets

2.1b1.3b

PP&E

8.4b6.9b

Goodwill

698.4m679.4m

Total Assets

31.1b25.4b

Accounts Payable

1.4b723.4m

Short-term debt

685.6m847.5m

Current Liabilities

3.1b2.2b

Long-term debt

22.6b21.0b

Total Debt

23.3b21.8b

Total Liabilities

28.0b25.0b

Common Stock

198.0k196.0k

Preferred Stock

6.5b7.7b

Additional Paid-in Capital

1.9b2.2b

Retained Earnings

(6.6b)(9.7b)

Total Equity

3.1b374.4m

Debt to Equity Ratio

7.5 x58.2 x

Debt to Assets Ratio

0.7 x0.9 x

Financial Leverage

9.9 x67.7 x

Quarterly

USDQ2, 2021

Cash

844.0m

Accounts Receivable

118.2m

Current Assets

1.4b

PP&E

6.0b

Goodwill

678.7m

Total Assets

23.2b

Accounts Payable

537.6m

Short-term debt

873.5m

Current Liabilities

2.3b

Long-term debt

19.6b

Total Debt

20.5b

Total Liabilities

24.5b

Common Stock

201.0k

Preferred Stock

8.4b

Additional Paid-in Capital

2.8b

Retained Earnings

(12.6b)

Total Equity

(1.3b)

Debt to Equity Ratio

-15.9 x

Debt to Assets Ratio

0.9 x

Financial Leverage

-18 x

WeWork Cash Flow

Annual

USDFY, 2018FY, 2019FY, 2020

Net Income

(1.9b)(3.8b)(3.8b)

Depreciation and Amortization

313.5m589.9m779.4m

Accounts Receivable

(69.4m)(175.3m)(32.7m)

Accounts Payable

147.6m390.6m(164.2m)

Cash From Operating Activities

(176.7m)(448.2m)(857.0m)

Purchases of PP&E

(2.1b)(3.5b)(1.4b)

Cash From Investing Activities

(2.5b)(4.8b)(444.1m)

Short-term Borrowings

(1.9m)(3.6m)(4.0m)

Long-term Borrowings

(28.6m)(3.1m)(813.1m)

Cash From Financing Activities

2.7b5.3b(46.8m)

Net Change in Cash

(7.2m)36.7m(1.3b)

Quarterly

USDQ2, 2021

Net Income

(3.0b)

Depreciation and Amortization

364.3m

Accounts Receivable

11.6m

Accounts Payable

(40.7m)

Cash From Operating Activities

(1.2b)

Purchases of PP&E

(153.1m)

Cash From Investing Activities

(186.6m)

Short-term Borrowings

(2.2m)

Long-term Borrowings

(2.6m)

Cash From Financing Activities

1.3b

Net Change in Cash

1.3m

WeWork Ratios

USDFY, 2018

Revenue/Employee

351.1k

WeWork Employee Rating

3.62581 votes
Culture & Values
3.4
Work/Life Balance
3.4
Senior Management
2.7
Salary & Benefits
3.6
Career Opportunities
3.1
Source