WeWork
Income Statement
Last updated:
Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. WeWork's past years’ income statements indicate that its last revenue has increased compared to the previous period by 26% to $3,245,000,000. The net income raised on -$2,034,000,000 and profit margin reached -63%. Total operating expenses were $1,497,000,000.
Profit Margin
| 2019 | 3.45B | -3.26B | -94.4% |
|---|---|---|---|
| 2020 | 3.41B | -3.12B | -91.6% |
| 2021 | 2.57B | -4.43B | -172.72% |
| 2022 | 3.24B | -2.03B | -62.68% |
WE Income Statement (2019 – 2022)
| 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|
Revenue | ||||
Revenue | 3.24B | 2.57B | 3.41B | 3.45B |
Cost of revenue | 2.91B | 3.08B | 3.54B | 2.75B |
Gross profit | 331M | -515M | -127M | 700.27M |
Operating exp. | ||||
Research and development | 0 | 0 | 0 | 0 |
Selling and marketing | 37M | 43M | 72.2M | 137.6M |
Total operating expenses | 1.49B | 1.87B | 2.65B | 3.95B |
Operating income | -1.59B | -3.69B | -4.34B | -3.91B |
Other income (expenses), net | -616M | -1.79B | -1.03B | -427.63M |
Income before tax | -2.28B | -4.62B | -3.81B | -3.72B |
Income tax expense | 6M | 3M | 20M | 45.63M |
Net income | -2.03B | -4.43B | -3.12B | -3.26B |
Earnings per share | ||||
Basic EPS | -106.79 | -673.63 | -179.7 | -187.5 |
Diluted EPS | -106.79 | -673.63 | -179.7 | -187.5 |