How Can a Company with $1.8 Billion in Revenue Lose $1.9 Billion? WeWork Shows Exactly How

The four standout numbers that were reported. Revenues in 2018 doubled to $1.82 billion; Losses in 2018 more than doubled to $1.93 billion; Occupancy rate in Q4 fell to 80% from 84% in Q3, meaning it expanded its spaces faster than it could fill them. The average revenue per “member” per year fell to $6,360, and is down 13.5% from the start of 2016.