India · Delayed Price · Currency is INR WeWork India Management Earnings Call Transcripts
Fiscal Year 2027
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Revenue grew 28.5% and EBITDA rose 69% year-over-year, with occupancy at 84.9% and strong member growth outpacing capacity. CapEx guidance is maintained, margins are expected to expand, and new Member Services are set to boost future profitability.
Fiscal Year 2026
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Record FY 2026 results with 23% revenue growth, 134% PAT increase, and net debt negative status. Strong demand from GCCs, BFSI, and telecom, with 36% capacity growth locked for FY 2027 and continued focus on reinvestment and margin expansion.
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Q3 FY26 delivered record revenue and profitability, with 27% year-over-year revenue growth and PAT up 512%. Occupancy reached 84%, managed office revenue share rose to 21%, and margins expanded to 21%. Expansion is front-loaded for next year, with strong demand from enterprises and GCCs.
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Q2 FY2026 saw record revenue and profitability, with strong growth in both core and ancillary segments. Occupancy and sales velocity remain high, debt levels have dropped, and digital initiatives are expanding. Guidance points to continued 20%+ growth and margin expansion.