Coworking operator Cloudworks has reported a significant Cloudworks turnover of €13.5 million for the 2025 financial year. This figure represents a substantial 17.4% increase compared to the previous year. Therefore, it underscores the continued demand for flexible office space in Spain’s major cities. Meanwhile, this growth reflects Barcelona’s position as a premier international business hub, which continues to attract investment.
The company has also outlined optimistic targets for the near future. Following these results, Cloudworks forecasts its business volume will reach €15 million in 2026. Consequently, this projection relies on a strategy of consolidating existing locations while maintaining high occupancy rates.
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Cloudworks Turnover and Financial Performance
Beyond top-line revenue, the operator reported a gross operating profit (EBITDA) of €1.38 million. These results suggest a stabilising business model. The company balances aggressive expansion with operational efficiency. The data was confirmed in a statement reported by Europa Press on Thursday.
Workforce numbers have grown alongside revenue. The company now employs 65 staff members to manage its network of spaces. Management expects this figure to rise further throughout the current year.
Expansion Drives Cloudworks Turnover Growth
The growth in Cloudworks turnover has been driven partly by physical expansion. Over the past year, the company inaugurated a new workspace in Barcelona’s El Born neighbourhood. This opening was a key strategic move. It captures demand in one of the Catalan capital’s most dynamic districts. In addition, this expansion is part of a broader trend in the city. Several historic Barcelona businesses made a comeback in recent months.
With the El Born location, the company’s total operational footprint now exceeds 28,300 square metres. This area is distributed across 15 distinct spaces in Barcelona and Madrid. The operator currently provides approximately 3,600 workstations for freelancers, startups, and corporate teams.
Strategic Outlook for 2026 Growth
The company’s leadership views the 2025 results as validation of its current trajectory. Marta Gràcia, CEO of Cloudworks, stated that the €13.5 million figure confirms the business is moving in the right direction. She noted that the focus remains on combining sustainable growth with a high-quality client experience.
Moving forward, the primary strategy centres on strengthening relationships with existing clients. The firm aims to secure the projected €15 million revenue target set for 2026. By consolidating its position in Madrid and Barcelona, Cloudworks expects to maintain its growth momentum.
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