WeWork India Management Limited has announced its financial results for the quarter ended December 31, 2025 (Q3 FY26). The company reported a total revenue of ₹640.3 Crore, marking a 9.6% increase quarter-on-quarter (QoQ) and a significant 27.0% year-on-year (YoY) growth. Revenue from operations reached ₹638.0 Crore, a new quarterly high, up 10.3% QoQ and 28.7% YoY. Portfolio occupancy improved to 83.9% in Q3 FY26, up 370 basis points QoQ and 660 basis points YoY. The Managed Office segment has scaled to over ₹500 Crore in annualized run-rate revenue in two years, now contributing 21% to revenue from operations. The company added 7.1k desks in Q3 FY26, accelerating capacity additions. Profitability saw substantial growth, with Post-ESOP EBITDA at ₹134.6 Crore (21.0% margin), up 13.7% QoQ and 47.6% YoY. Profit After Tax (PAT) for the quarter was ₹52.0 Crore (8.1% margin), a 32.3% increase QoQ and a remarkable 511.8% increase YoY. Free Cash Flow from Operations increased to ₹203.8 Crore, up 113.7% QoQ and 119.3% YoY. Return on Capital Employed (ROCE) rose to 32.6% in Q3 FY26. The company highlighted its dual business model comprising Managed Offices and WeWork-branded workspaces, serving a diverse client base from startups to large enterprises and GCCs. Managed Offices accounted for 26.0k desks and 20.7% of revenue from operations, while WeWork-branded workspaces spanned 95.6k desks, contributing 79.3% of revenue.
