The coworking behemoth posted a net loss of $299 million in the first quarter, a $205 million improvement from a year earlier, according to Q1 earnings data released Tuesday morning.
Source: Inman News
WeWork takes bite out of losses as debt overhaul starts to pay off in Q1
More from Adam NeumannMore posts in Adam Neumann »
More from commercial real estateMore posts in commercial real estate »
- Broker Spotlight: Aaron Luttrull, Schuler Bauer Real Estate Services
- Residential roots, commercial reach: How this broker created scale with a strategic merger
- Las Vegas real estate pro finds pig’s head in mail after AI deal closing
- Christy Rabe’s Platinum Realty Group joins forces with BHGRE
- Bessette Flavin becomes Louisiana’s largest C21 affiliate
More from earnings reportsMore posts in earnings reports »
- Focus on homebuyers helps Guild swing to $97M 2024 profit
- New customers and layoffs help Blend approach profitability
- Offerpad trims Q2 loss, but sales and revenue continue to slide
- RE/MAX revenue, US agent count continue decline in second quarter
- Compass revenue drops in Q1, but losses continue improvement
More from Industry NewsMore posts in Industry News »
More from LifestyleMore posts in Lifestyle »
- Walshe murder trial: Defense floats new story in opening statement
- Why I’m still grateful to be a real estate professional
- Giving back in a time of uncertainty: How real estate leaders are changing lives
- 10 tips for having the best holiday season ever
- The mindset tune-up to future-proof your 2026 business
More from Markets & EconomyMore posts in Markets & Economy »
- Dual licensing is on the rise. Is it the right move for your business?
- Change strategy as the market shifts to win the listings long game
- Shutdown blip, or worrying trend? Agent pipelines thin in November
- Homebuyers came out in force last week, and rates are trending down
- October was another slow month for pending home sales
More from q1 earningsMore posts in q1 earnings »
More from Sandeep MathraniMore posts in Sandeep Mathrani »
- WeWork, once thought to be the future of work, files for bankruptcy
- WeWork downgraded again by Fitch as it skips interest payments
- Amid losses, WeWork attempts to renegotiate ‘nearly all’ of its leases
- ‘Substantial doubt’ that WeWork can stay afloat, company says
- WeWork’s Sandeep Mathrani steps down as CEO after 3 years at helm
More from SelectMore posts in Select »
- This team is jumping on the private listing platform trend (EXCLUSIVE)
- Redfin on 2026: Affordability improves, sales rise only slightly
- Dual licensing is on the rise. Is it the right move for your business?
- Future-proof your digital footprint for 2026 (and beyond)
- Change strategy as the market shifts to win the listings long game
More from suppress extra adsMore posts in suppress extra ads »
More from TechnologyMore posts in Technology »
- Future-proof your digital footprint for 2026 (and beyond)
- Zillow’s SkyTour uses complex 3D tech to simplify home search
- In crowded virtual staging category, Collov AI offers ease, affordability: Tech Review
- The IDX lie agents still believe: 5 common misconceptions about real estate websites
- DR Horton gets into AI mortgage tech with Tidalwave stake
More from WeWorkMore posts in WeWork »
Be First to Comment