Workiva (WK) Financial Statements & Analysis

Workiva (WK) Income Statement

Workiva reported revenue of $884.57M in fiscal 2025 (fiscal year ended Dec 31, 2025), up 19.7% from $738.68M a year earlier. Workiva posted a net loss of $26.17M, compared with a net loss of $55.04M a year earlier. Gross margin was 78.5% and operating margin -4.8%. In the most recent quarter, Q2 fiscal 2026 (ended Jun 30, 2026), revenue was $255.29M, up 18.6% from the same quarter a year earlier.

Workiva Income Statement Analysis

Values in millions USD

Income Statement Balance Sheet Cash Flow Ratios

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Workiva Inc. income statement - Annual data in millions USD
Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017
Period ending	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017
Revenue & Gross Profit
Revenue	884.57	738.68	630.04	537.88	443.29	351.59	297.89	244.34	207.87
Cost of Revenue	190.43	172.06	154.22	129.89	103.83	90.18	85.01	65.86	60.25
Gross Profit	694.14	566.63	475.82	407.99	339.45	261.42	212.88	178.48	147.62
Operating Expenses
Research & Development	214.84	192.94	172.79	151.72	115.74	94.84	89.92	81.60	68.17
Selling, General & Administrative	521.74	450.22	397.55	344.44	253.07	204.38	168.36	146.67	123.76
Operating Expenses	736.58	643.16	570.34	496.75	368.81	299.22	258.29	228.27	191.93
Operating Income	-42.44	-76.53	-94.53	-88.76	-29.36	-37.80	-45.41	-49.79	-44.30
Other Income/Expense
Interest Income	34.15	39.40	25.88	4.88	1.04	3.28	4.66	1.28	0.59
Interest Expense	12.78	12.87	-53.64	-6.04	14.02	13.96	6.03	1.83	1.85
Other Income/Expense	20.03	0.56	-29.57	-0.24	3.23	-10.89	-1.93	-0.04	-0.06
Income
Income Before Tax	-22.42	-49.44	-124.10	-89.00	-39.10	-48.69	-47.34	-49.82	-44.37
Income Tax Expense	3.75	5.60	3.43	1.95	-1.37	-0.29	0.14	0.25	0.06
Net Income	-26.17	-55.04	-127.53	-90.95	-37.73	-48.40	-47.48	-50.07	-44.43
Net Income - Continuous Operations	-26.17	-55.04	-127.53	-90.95	-37.73	-48.40	-47.48	-50.07	-44.43
Net Income - Discontinued Operations	-	-	-	-	-	-	-	-	-
EBITDA	1.35	-25.57	-83.39	-77.95	-19.84	-30.43	-37.47	-44.22	-38.97
EBIT	-42.44	-36.58	-94.53	-88.16	-25.09	-	-	-	-
Depreciation & Amortization	10.99	11.00	11.14	10.21	5.24	4.30	3.84	3.78	3.55
Earnings Per Share
Basic EPS	-	-1.00	-2.00	-2.00	-1.00	-1.00	-1.00	-1.00	-1.00
Diluted EPS	-	-1.00	-2.00	-2.00	-1.00	-1.00	-1.00	-1.00	-1.00
Basic Shares Outstanding	56.27	55.36	54.10	52.95	51.13	48.45	46.30	43.64	41.62
Diluted Shares Outstanding	56.27	55.36	54.10	52.95	51.13	48.45	46.30	43.64	41.62

Source: Company financial statements from annual and quarterly filings. Data as of Jun 30, 2026. Data sources and methodology

Frequently Asked Questions About Workiva Financial Statements

What was Workiva's revenue in fiscal 2025?

Workiva reported revenue of $884.57M in fiscal 2025 (fiscal year ended Dec 31, 2025). That was up 19.7% from $738.68M a year earlier.

Is Workiva profitable?

No. Workiva reported a net loss of $26.17M in fiscal 2025. In fiscal 2024 it lost $55.04M.

What is Workiva's operating margin?

Workiva's operating income was −$42.44M on revenue of $884.57M in fiscal 2025, an operating margin of -4.8%, compared with -10.4% a year earlier.

What is net profit margin?

Net profit margin is net income divided by revenue. It shows how much of each dollar of sales a company keeps as profit after all costs, interest and taxes. Full definition