WeWork (WE) Financial Statements

Price: $0.8355
Market Cap: $44.08M
Avg Volume: 4.48M
Country: US
Industry: Real Estate - Services
Sector: Real Estate
Beta: 2.089
52W Range: $0.82-130.8
Website: WeWork

Overview of Financial Statements

Financial statements are records that provide an overview of a company's financial performance and position. There are three main types of financial statements:

  • Income Statement: Shows the company's revenue, expenses, and profit over a specific period.
  • Balance Sheet: Provides a snapshot of the company's assets, liabilities, and equity at a specific point in time.
  • Cash Flow Statement: Details the cash inflows and outflows from operating, investing, and financing activities over a period.

This page presents both annual and quarterly data for these financial statements. The charts below provide a visual representation of the key metrics from each statement, helping you to quickly understand the financial health of WeWork.


Income Statement

Revenue
Cost of Revenue
Revenue and Costs$3.60B$3.60B$2.70B$2.70B$1.80B$1.80B$900.00M$900.00M$0.00$0.0020202020Jul '20Jul '2020212021Jul '21Jul '2120222022Jul '22Jul '2220232023
Operating Expenses
Operating Income
Operating Expenses & Income$4.00B$4.00B$2.00B$2.00B$0.00$0.00-$2.00B-$2.00B-$4.00B-$4.00B-$6.00B-$6.00B20202020Jul '20Jul '2020212021Jul '21Jul '2120222022Jul '22Jul '2220232023
Breakdown December 31, 2022 December 31, 2021 December 31, 2020 December 31, 2019
Revenue $3.25B $2.57B $3.42B $3.46B
Cost of Revenue $2.91B $3.08B $3.54B $2.76B
Gross Profit $331.00M $-515.00M $-127.00M $700.27M
Gross Profit Ratio 10.20% -20.00% -3.72% 20.25%
Research and Development Expenses $- $- $- $-
General and Administrative Expenses $698.00M $968.00M $1.53B $2.66B
Selling and Marketing Expenses $37.00M $43.00M $72.20M $137.60M
Selling General and Administrative Expenses $735.00M $1.01B $1.60B $2.79B
Other Expenses $- $- $- $-
Operating Expenses $1.50B $1.88B $2.66B $3.96B
Cost and Expenses $4.41B $4.96B $6.20B $6.71B
Interest Income $9.00M $19.00M $17.00M $53.24M
Interest Expense $257.00M $245.00M $159.00M $99.59M
Depreciation and Amortization $641.00M $709.00M $779.00M $589.91M
EBITDA $-792.00M $-1.89B $-2.21B $-2.64B
EBITDA Ratio -24.41% -73.70% -64.55% -76.46%
Operating Income $-1.59B $-3.70B $-4.35B $-3.92B
Operating Income Ratio -49.03% -143.89% -127.25% -113.33%
Total Other Income Expenses Net $-698.00M $-2.23B $-1.03B $-486.24M
Income Before Tax $-2.29B $-4.63B $-3.81B $-3.73B
Income Before Tax Ratio -70.54% -180.12% -111.65% -107.83%
Income Tax Expense $6.00M $3.00M $20.00M $45.64M
Net Income $-2.03B $-4.44B $-3.13B $-3.26B
Net Income Ratio -62.68% -172.72% -91.60% -94.40%
EPS $-106.79 $-673.63 $-179.70 $-187.50
EPS Diluted $-106.79 $-673.63 $-179.70 $-187.50
Weighted Average Shares Outstanding 19.05M 6.59M 17.41M 17.41M
Weighted Average Shares Outstanding Diluted 19.05M 6.59M 17.41M 17.41M
SEC Filing Source Source Source Source

Balance Sheet

Total Assets
Total Liabilities
Total Assets and Liabilities$36.00B$36.00B$27.00B$27.00B$18.00B$18.00B$9.00B$9.00B$0.00$0.0020202020Jul '20Jul '2020212021Jul '21Jul '2120222022Jul '22Jul '2220232023
Equity$0.00$0.00-$2.00B-$2.00B-$4.00B-$4.00B-$6.00B-$6.00B-$8.00B-$8.00B20202020Jul '20Jul '2020212021Jul '21Jul '2120222022Jul '22Jul '2220232023
Breakdown December 31, 2022 December 31, 2021 December 31, 2020 December 31, 2019
Cash and Cash Equivalents $287.00M $924.00M $800.53M $1.34B
Short Term Investments $- $- $- $-
Cash and Short Term Investments $287.00M $924.00M $800.53M $1.34B
Net Receivables $173.00M $285.00M $336.54M $404.54M
Inventory $203.00M $221.00M $188.42M $335.88M
Other Current Assets $26.00M $42.00M $3.73M $47.72M
Total Current Assets $689.00M $1.47B $1.33B $2.13B
Property Plant Equipment Net $15.63B $18.43B $21.97B $25.90B
Goodwill $685.00M $677.00M $679.35M $698.42M
Intangible Assets $52.00M $57.00M $49.90M $79.86M
Goodwill and Intangible Assets $737.00M $734.00M $729.25M $778.28M
Long Term Investments $63.00M $200.00M $214.94M $203.72M
Tax Assets $498.00M $1.27M $1.38M $1.15M
Other Non-Current Assets $242.00M $922.73M $1.11B $2.14B
Total Non-Current Assets $17.17B $20.28B $24.03B $29.02B
Other Assets $- $- $- $-
Total Assets $17.86B $21.76B $25.36B $31.15B
Account Payables $526.00M $621.00M $723.41M $1.37B
Short Term Debt $958.00M $922.00M $860.64M $688.49M
Tax Payables $- $- $- $-
Deferred Revenue $151.00M $120.00M $176.00M $180.39M
Other Current Liabilities $595.00M $470.00M $429.21M $846.97M
Total Current Liabilities $2.23B $2.13B $2.19B $3.09B
Long Term Debt $18.81B $20.79B $22.15B $24.79B
Deferred Revenue Non-Current $- $- $- $-
Deferred Tax Liabilities Non-Current $- $- $- $-
Other Non-Current Liabilities $282.00M $244.00M $8.31B $6.61B
Total Non-Current Liabilities $19.09B $21.04B $30.46B $31.40B
Other Liabilities $- $- $- $-
Total Liabilities $21.32B $23.17B $32.65B $34.49B
Preferred Stock $- $- $- $-
Common Stock $- $- $16.00K $198.00K
Retained Earnings $-16.18B $-14.14B $-9.70B $-6.57B
Accumulated Other Comprehensive Income Loss $149.00M $-31.00M $-158.81M $-2.61M
Other Total Stockholders Equity $12.36B $12.29B $2.19B $1.88B
Total Stockholders Equity $-3.67B $-1.88B $-7.67B $-4.70B
Total Equity $-3.46B $-1.41B $-7.29B $-3.34B
Total Liabilities and Stockholders Equity $17.86B $21.76B $25.36B $31.15B
Minority Interest $215.00M $469.00M $382.10M $1.35B
Total Liabilities and Total Equity $17.86B $21.76B $25.36B $31.15B
Total Investments $63.00M $200.00M $214.94M $203.72M
Total Debt $19.76B $21.71B $23.01B $25.48B
Net Debt $19.48B $20.79B $22.21B $24.14B

Cash Flow Statement

Operating Cash Flow
Investing Cash Flow
Operating and Investing Cash Flow$0.00$0.00-$1.00B-$1.00B-$2.00B-$2.00B-$3.00B-$3.00B-$4.00B-$4.00B-$5.00B-$5.00B20202020Jul '20Jul '2020212021Jul '21Jul '2120222022Jul '22Jul '2220232023
Financing Cash Flow$6.00B$6.00B$5.00B$5.00B$4.00B$4.00B$3.00B$3.00B$2.00B$2.00B$1.00B$1.00B$0.00$0.00-$1.00B-$1.00B20202020Jul '20Jul '2020212021Jul '21Jul '2120222022Jul '22Jul '2220232023
Breakdown December 31, 2022 December 31, 2021 December 31, 2020 December 31, 2019
Net Income $-2.29B $-4.63B $-3.83B $-3.77B
Depreciation and Amortization $641.00M $709.00M $779.00M $589.91M
Deferred Income Tax $- $- $- $-
Stock Based Compensation $49.00M $214.00M $63.00M $358.97M
Change in Working Capital $-254.00M $-222.00M $1.38B $2.04B
Accounts Receivables $4.00M $24.00M $-33.00M $-175.26M
Inventory $- $- $- $-
Accounts Payables $- $- $- $-
Other Working Capital $36.00M $-53.00M $33.00M $86.71M
Other Non Cash Items $316.00M $1.01B $-450.00M $159.62M
Net Cash Provided by Operating Activities $-733.00M $-1.91B $-857.00M $-448.24M
Investments in Property Plant and Equipment $-338.00M $-337.00M $-1.46B $-3.53B
Acquisitions Net $- $- $-54.48M $-1.04B
Purchases of Investments $- $-26.70M $-99.15M $-80.67M
Sales Maturities of Investments $- $- $- $-
Other Investing Activities $44.00M $-10.00M $1.02B $-129.05M
Net Cash Used for Investing Activities $-294.00M $-347.00M $-444.00M $-4.78B
Debt Repayment $- $- $- $-
Common Stock Issued $- $- $- $-
Common Stock Repurchased $- $- $- $-
Dividends Paid $- $- $- $-
Other Financing Activities $397.00M $2.34B $-47.00M $5.26B
Net Cash Used Provided by Financing Activities $397.00M $2.34B $-47.00M $5.26B
Effect of Forex Changes on Cash $-6.00M $2.00M $1.00M $3.24M
Net Change in Cash $-636.00M $81.00M $-1.35B $36.75M
Cash at End of Period $299.00M $935.00M $854.00M $2.20B
Cash at Beginning of Period $935.00M $854.00M $2.20B $2.16B
Operating Cash Flow $-733.00M $-1.91B $-857.00M $-448.24M
Capital Expenditure $-338.00M $-337.00M $-1.46B $-3.53B
Free Cash Flow $-1.07B $-2.25B $-2.32B $-3.98B