WeWork Statistics and User Count (2023)

WeWork is a company that provides flexible shared office space for entrepreneurs, freelancers, startups, and other professionals. It was founded in 2010 by Adam Neumann and Miguel McKelvey, and is headquartered in New York City. WeWork’s business model involves leasing or buying large office spaces, renovating and designing them to create a modern and flexible working environment, and then renting out individual workspaces, meeting rooms, and other amenities on a flexible basis to businesses and individuals.

In addition to shared office space, WeWork also offers a range of services such as community events, networking opportunities, and other support services to help its members grow their businesses. WeWork has become one of the most well-known and successful startups in recent years, with a presence in more than 100 cities around the world, and a valuation that at one point reached $47 billion.

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WeWork Statistics

Here are a few of the most interesting WeWork statistics and facts I was able to dig up including user counts. As always, be sure to check back in the future as I will be updating this post as new and updated stats become available.

WeWork User Count

WeWork number of members:

• 2021: 432,000 members
• 2019: 527,000 members
• 2018: 401,000 members
• 2016: 87,000 members
• 2014: 15,000 members
• 2012: 4,000 members
• 2010: 450 members

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WeWork Revenue Totals

WeWork Annual Revenue:

• 2021: $2.570 billion
• 2020: $3.415 billion
• 2019: $3.458 billion
• 2018: $1.8 billion
• 2017: $886 million
• 2016: $532 million

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WeWork Annual Net Loss:

• 2021: $4.6 billion
• 2020: $3.8 billion
• 2019: $3.7 billion
• 2018: $1.9 billion
• 2017: $933 million

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Additional WeWork Statistics

WeWork number of locations:

• 2019: 625 offices
• 2018: 425 offices
• 2016: 111 offices
• 2014: 23 offices
• 2012: 7 offices
• 2010: 2 offices

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Number of cities WeWork has locations in:

• 2019: 111 cities Last updated 8/17/19
• 2018: 100 cities
• 2016: 34 cities
• 2014: 8 cities
• 2012: 3 cities
• 2010: 1 city

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Number of cities in the US WeWork has locations in:

25 cities

Last updated 1/17/19

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Number of countries WeWork has locations in:

29 countries

Last updated 8/17/19

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Number of desks offered :

719,000 total desks

Last updated 11/13/19

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WeWork’s total occupancy rate:

90%

Last updated 7/23/19

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Reported amount raised in private capital:

$8.4 billion

Last updated 7/23/19

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Reported valuation:

$47 billion

Last updated 4/3/19

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Average amount WeWork reportedly loses every hour:

$219,000

Last updated 7/3/19

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Reported amount Softbank invested in WeWork:

$6 billion

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Percentage of customers that have over 500 employees:

38%

Last updated 8/17/17

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Number of members in China:

20,000 members

Last updated 7/27/18

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Amount that big business leases generated in revenue for WeWork in 2017:

$250 million

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Number of locations in Manhattan:

33 locations

Last updated 6/20/17

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Number of locations in London:

17 offices

Last updated 12/6/17

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Number of offices in China:

40 offices

Last updated 7/27/18

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Number of locations in New York City:

57

Last updated 8/23/18

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Average occupancy rate for New York spaces:

90%

Last updated 3/22/18

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Estimated amount of space leased in New York City:

around 5.1 million sq ft

Last updated 8/23/18

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Reported amount that WeWork purchased Meetup for:

about $200 million

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