Workspace Group Plc

LSE:WKP Stock Report

Market Cap: UK£658.0m

Workspace Group Past Earnings Performance

Past criteria checks 0/6

Workspace Group has been growing earnings at an average annual rate of 8%, while the Office REITs industry saw earnings declining at 10.4% annually. Revenues have been growing at an average rate of 7.2% per year.

Key information

7.95%

Earnings growth rate

9.29%

EPS growth rate

Office REITs Industry Growth-32.93%
Revenue growth rate7.24%
Return on equity-5.44%
Net Margin-41.50%
Next Earnings Update10 Jun 2026

Recent past performance updates

Recent updates

New Narrative • May 09

Flexible Workspaces And AI Adoption Will Support A Rebound In London SME Demand

Catalysts About Workspace Group Workspace Group provides flexible office and studio space to small and medium sized businesses across London. What are the underlying business or industry changes driving this perspective?
New Narrative • Apr 17

Occupancy Rebuild And Capital Discipline Will Shape Long Term Cash Flows

Catalysts About Workspace Group Workspace Group provides flexible office and studio space to small and medium sized businesses across London. What are the underlying business or industry changes driving this perspective?
Narrative Update • Nov 20

WKP: Long-Term Leasing And Partnerships Will Drive Future Resilience

Workspace Group's analyst price target was reduced from £6.53 to £4.87. Analysts cited modest adjustments to fair value and updated forecasts for growth and profit margins.
New Narrative • Aug 20

Upgraded Platforms And London SME Demand Will Define Future Success

Key Takeaways Upgrading operations, targeting SME growth, and focusing on flexible spaces are set to boost occupancy, customer retention, and long-term earnings potential. Portfolio repositioning and ESG-aligned investments support premium pricing, resilient cash flow, and stronger asset quality.
Analysis Article • Nov 25

What You Need To Know About The Workspace Group plc (LON:WKP) Analyst Downgrade Today

Market forces rained on the parade of Workspace Group plc ( LON:WKP ) shareholders today, when the analysts downgraded...

Revenue & Expenses Breakdown

How Workspace Group makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

LSE:WKP Revenue, expenses and earnings (GBP Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 25183-76230
30 Jun 25184-35230
31 Mar 251855230
31 Dec 24186-14250
30 Sep 24186-34260
30 Jun 24185-113260
31 Mar 24184-192250
31 Dec 23183-207240
30 Sep 23183-221220
30 Jun 23178-130220
31 Mar 23174-38220
31 Dec 2216459220
30 Sep 22154156220
30 Jun 22143140210
31 Mar 22133124190
31 Dec 211301190
30 Sep 21128-122180
30 Jun 21135-179190
31 Mar 21142-236190
31 Dec 20150-187190
30 Sep 20157-137190
30 Jun 20159-33180
31 Mar 2016172180
31 Dec 19160103170
30 Sep 19158135170
30 Jun 19154136170
31 Mar 19149137170
31 Dec 18144143170
30 Sep 18139149170
30 Jun 18134160160
31 Mar 18129171160
31 Dec 17123188160
30 Sep 17117205160
30 Jun 17113147150
31 Mar 1710989150
31 Dec 16108161150
30 Sep 16107233140
30 Jun 16106311150
31 Mar 16105389150
31 Dec 15101369150
30 Sep 1598350150
30 Jun 1595350140

Quality Earnings: WKP is currently unprofitable.

Growing Profit Margin: WKP is currently unprofitable.

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: WKP is unprofitable, but has reduced losses over the past 5 years at a rate of 8% per year.

Accelerating Growth: Unable to compare WKP's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: WKP is unprofitable, making it difficult to compare its past year earnings growth to the Office REITs industry (10.5%).

Return on Equity

High ROE: WKP has a negative Return on Equity (-5.44%), as it is currently unprofitable.

Return on Assets

Return on Capital Employed

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/03 17:42
End of Day Share Price 2026/06/03 00:00
Earnings2025/09/30
Annual Earnings2025/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Workspace Group Plc is covered by 20 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Paul MayBarclays
Thomas MussonBerenberg
Kai KloseBerenberg