WeWork Inc. (WEWKQ)

OTCMKTS: WEWKQ · Delayed Price · USD
0.00 (0.00%)
Dec 4, 2023, 3:51 PM EST - Market closed
Market Cap 16.67M
Revenue (ttm) 3.36B
Net Income (ttm) -1.64B
Shares Out 40.66M
EPS (ttm) -75.60
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 71,432
Open 0.280
Previous Close n/a
Day's Range 0.280 - 1.670
52-Week Range n/a
Beta n/a
Analysts n/a
Price Target n/a
Earnings Date n/a


WeWork Inc. provides flexible workspace solutions to individuals and organizations worldwide. The company offers workstation, private office, and customized floor solutions; and various amenities and services, such as private phone booths, internet, high-speed business printers and copiers, mail and package handling, front desk services, off-peak building access, common areas, and daily enhanced cleaning solutions. It also provides various value-add services; business and technical service solutions, including professional employer organization... [Read more]

Sector Real Estate
Founded 2010
Employees 4,300
Stock Exchange OTCMKTS
Ticker Symbol WEWKQ
Full Company Profile

Financial Performance

In 2022, WeWork's revenue was $3.25 billion, an increase of 26.26% compared to the previous year's $2.57 billion. Losses were -$2.03 billion, -54.18% less than in 2021.

Financial Statements


Opinion: WeWork approached physical space as if it were virtual, which led to the company's downfall

On Nov. 6, the co-working firm WeWork filed for bankruptcy. WeWork, founded by Adam Neumann and Miguel McKelvey in 2010, had a simple business model: it signed long-term leases on urban buildings, fit...

10 days ago - TechXplore

Bankrupt WeWork enters financing agreements with certain lenders

WeWork said on Tuesday it had secured commitments for up to $682.5 million in debtor-in-possession financing from some of its lenders, weeks after the shared office space provider filed for bankruptcy...

13 days ago - Reuters

Enrst & Young will no longer audit WeWork

WeWork Inc. WEWKQ, +5.81%, the once-hot office-sharing platform that filed for bankruptcy protection this month, said on Monday that Ernst & Young “will not seek to be retained” as its accounting firm...

21 days ago - Market Watch

Bankrupt WeWork's stock pulls back, continuing rollercoaster ride

Shares of beleaguered WeWork Inc. pulled back 20.7% in premarket trades Monday, after ending Friday's session up 23%.

21 days ago - Market Watch

WeWork founder Adam Neumann has lavish new Miami home as bankrupt company burns

Neumann, still a billionaire, is seen skateboarding and socializing and his wife Rebekah has a new life too.

22 days ago - New York Post

WeWork was doomed to fail after taking on huge buildings, rival says

WeWork was famous for huge coworking spaces with amenities like climbing walls and swimming pools. Industrious CEO Jamie Hodari said they saddled the company with big liabilities and weren't viable.

23 days ago - Business Insider

WeWork's end, Neumann's return? Who's left holding the bag, and what comes next

WeWork took us on a wild ride. A real estate company disguised as a tech startup, holding long-term leases and turning them around for short-term rentals.

24 days ago - CNBC Television

WeWork's stock has continued the strange trend of the bankruptcy bounce

In a strange flashback to the demise of Bed Bath & Beyond Inc., WeWork Inc.'s stock soared on its over-the-counter debut this week, just days after the office sharing company filed for chapter 11 bank...

24 days ago - Market Watch

SoftBank Vision Fund Loses $1.7 Billion More as WeWork Fails

Japanese conglomerate SoftBank Group Corp.'s flagship Vision Fund reported another loss with the drop in valuations at WeWork Inc. and other portfolio companies. Peter Elstrom reports on Bloomberg Tel...

Other symbols: SFTBY
25 days ago - Bloomberg Markets and Finance

WeWork Rival Sees New Era Ahead in Flex-Office Industry

WeWork's bankruptcy creates a ``dividing line'' that marks a new era in the flex-office industry, Industrious LLC co-founder Jamie Hodari tells Bloomberg's Sonali Basak. Industrious is positioned to a...

25 days ago - Bloomberg Markets and Finance

SoftBank posts $6.2 billion loss after WeWork files for bankruptcy

CNBC's Deirdre Bosa reports on news from SoftBank.

Other symbols: SFTBY
25 days ago - CNBC Television

SoftBank has lost more than $14 billion by betting on WeWork

Tech conglomerate and investor SoftBank has lost $14.4 billion so far on WeWork. The office-sharing firm filed for bankruptcy earlier this week.

Other symbols: SFTBY
26 days ago - Business Insider

WeWork Didn't Work

The most recent high-profile company in distress is WeWork which filed for Chapter 11 protection with about $18.7 billion in liabilities and $15.1 billion in assets.

26 days ago - Forbes

WeWork Flopped. Have Flexible Offices?

Co-working spaces are designed for tech startups, not downsizing corporate tenants.

26 days ago - WSJ

A Possible Winner From WeWork's Troubles? Adam Neumann

The former CEO could leave with a last slug of money, a knock-on effect of the generous terms big investors lavished on tech company founders.

26 days ago - WSJ

WeWork investor SoftBank reports $6.2 billion loss

TOKYO (AP) — SoftBank Group Corp. racked up a huge loss in the July-September quarter as its technology investments, most notably office-sharing company WeWork, went sour.

Other symbols: SFTBY
26 days ago - Market Watch

SoftBank Loses $6.2 Billion in Quarter as WeWork Weighs on Investments

The Japanese tech investor sank deeper into the red as it reported write-downs related to the bankruptcy of office-sharing company and technology shares stayed under pressure.

Other symbols: SFTBY
26 days ago - WSJ

What happened to WeWork?

To find out, we spoke with Reeves Wiedeman, author of ‘Billion Dollar Loser: The Epic Rise and Spectacular Fall of Adam Neumann and WeWork' on the latest episode of the Most Innovative Companies podca...

26 days ago - Fast Company

There's a new theory that Adam Neumann will buy back WeWork

WeWork filed for bankruptcy this week, but will continue to operate. Ousted CEO Adam Neumann issued a statement saying it has been "hard to watch from the sidelines.

26 days ago - Business Insider

We should all have the confidence of WeWork's bankruptcy announcement

WeWork's bankruptcy announcement is particularly rosy about its future.  The company, founded by Adam Neumann, was once valued at $47 billion.

26 days ago - Business Insider

WeWork bankruptcy: How landlords are impacted by millions owed in rent losses

WeWork (WE) filed for Chapter 11 bankruptcy on Monday, consenting to a restructuring agreement for its investors to pay off $4 billion in debt. The shared workspace company was hit by a massive shift ...

26 days ago - Yahoo Finance

SoftBank paid WeWork lenders almost $1.5bn before bankruptcy filing

Court papers reveal Japanese conglomerate transferred money less than a week before office rental group filed for bankruptcy

Other symbols: SFTBY
26 days ago - The Guardian

Expert details why WeWork failed so spectacularly

Before the pandemic, WeWork (WE) was valued at $47 billion, quite the high for a company that just filed for Chapter 11 bankruptcy on Monday. According to Bloomberg, the company's first appearance in ...

26 days ago - Yahoo Finance

Son's SoftBank Takes a Hit on WeWork Bankruptcy Filing

Masayoshi Son's is in focus on Wall Street because of his support of WeWork Inc., whose bankruptcy is a blow to the finances and credibility of the Japanese billionair'es SoftBank Group Corp. Bloomber...

Other symbols: SFTBY
26 days ago - Bloomberg Markets and Finance

WeWork's bankruptcy is the beginning of a broader collapse in zombie companies, Wall Street veteran says

WeWork marks the start of the zombie company collapse, according to New Constructs' David Trainer. The coworking giant recently filed for bankruptcy after shares plunged more than 99% in value.

26 days ago - Business Insider