Vast Coworking Group Reports Strong 2025 Growth, Cementing Position in Global Flexible Workspace Market

Vast Coworking Group, the world's largest privately owned franchisor of coworking spaces, closed 2025 with strong year-over-year performance across systemwide sales, membership growth, franchise development, and international expansion. Collectively, its three brands – Venture X, Office Evolution, and Intelligent Office – continued to scale, cementing Vast as the second-largest flexible workspace network in North America and third-largest network worldwide by number of locations. Fueled by an accelerating shift in how enterprises and entrepreneurs procure office space, the flexible office sector continues to attract investment interest. Despite representing only an estimated 2% of U.S. office inventory, flexible workspace is one of the fastest-growing categories within commercial real estate and is increasingly recognized as an essential component of modern office portfolios and strategy.

Systemwide performance across Vast's brands in 2025 reflected these tailwinds, with Venture X and Office Evolution posting double-digit year-over-year revenue increases. Venture X reported an 11% increase in annual revenue, while Office Evolution reported a 13% increase. Intelligent Office maintained a stable revenue base as the brand refined its virtual office and professional services offerings and prepared for domestic and international expansion in 2026. Jason Anderson, Co-Founder and CEO of Vast, stated, "The way I see it, we're now in the era of 'Coworking 4.0' with commercial real estate having a flex-first approach. Everywhere, Fortune 500 companies and other major enterprises – even the government – are turning to flex to accommodate their hybrid and geographically distributed workforces without having to commit to long-term leases." He added, "The performance of our brands in 2025 underscores the strength of our portfolio and franchise model and validates the demand for diversified coworking concepts that can serve different customer segments and real estate profiles around the world."

Membership growth remained a defining performance indicator for Vast's portfolio. Venture X grew its global membership base by 67%, Office Evolution by 50%, and Intelligent Office surpassed 4,800 members across its locations and virtual service channels. Vast also increased its global square footage and geographic reach: Venture X exceeded 1.49 million-square-feet of workspace globally, Office Evolution surpassed 919,700 square feet, and Intelligent Office surpassed 324,800 square feet. In total, Vast now spans more than 2.7 million square feet worldwide. Development activity accelerated throughout 2025. Venture X and Office Evolution opened 11 and 6 new locations respectively, supported by strong franchise interest and growing demand in suburban and secondary markets. Franchise development across all three brands resulted in 13 new Venture X agreements, 16 Office Evolution agreements, and 11 Intelligent Office agreements, with 34 locations already in the pipeline for 2026.

Additionally, Vast expanded its global presence last year. Office Evolution opened its first international locations in 2025, in Canada and South Africa, and signed a master license agreement to extend its international footprint in the United Kingdom. Venture X expanded the square footage of one of its locations in India and signed a master license agreement for South Africa. This expansion underscores the company's strategic focus on capturing international market opportunities as demand for flexible workspaces grows globally. For more information, visit https://www.vastcoworking.com.