All data is for educational purposes only and should not be considered investment advice.
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Workiva Inc., together with its subsidiaries, provides cloud-based reporting solutions in the United States and internationally. The company provides Workiva platform, a multi-tenant cloud software that provides data-linking capabilities; audit trail services; administrators access management; and connects and transforms data from various enterprise resource planning, human capital management, and customer relationship management systems, as well as other third-party cloud and on-premise applications. It serves public and private companies, government agencies, and higher-education institutions. Workiva Inc. was founded in 2008 and is headquartered in Ames, Iowa.
Rule-based from financial data. Not advice.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 5 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $885M | $1M | $-26M | $138M | 481.4% | 19.7% | -52.5% |
| 2024 | $739M | $-26M | $-55M | $86M | 132.0% | 17.2% | -56.8% |
| 2023 | $630M | $-59M | $-128M | $69M | 142.7% | 17.1% | 40.2% |
| 2022 | $538M | $-73M | $-91M | $8M | -1520.1% | - | - |
| 2021 | - | - | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2025 |
|---|---|
| Total Revenue | 884.57 |
| Operating Revenue | 884.57 |
| Cost Of Revenue | 190.43 |
| Gross Profit | 694.14 |
| Operating Expense | 736.58 |
| Research And Development | 214.84 |
| Selling General And Administration | 521.74 |
| Total Expenses | 927.01 |
| Operating Income | -42.44 |
| Total Operating Income As Reported | -42.44 |
| EBITDA | 1.35 |
| Normalized EBITDA | 1.35 |
| EBIT | -9.64 |
| Interest Income | 34.15 |
| Interest Expense | 12.78 |
| Net Interest Income | 21.38 |
| Other Non Operating Income Expenses | -1.35 |
| Other Income Expense | -1.35 |
| Interest Income Non Operating | 34.15 |
| Interest Expense Non Operating | 12.78 |
| Net Non Operating Interest Income Expense | 21.38 |
| Pretax Income | -22.42 |
| Tax Provision | 3.75 |
| Tax Rate For Calcs | 0 |
| Tax Effect Of Unusual Items | 0 |
| Net Income Continuous Operations | -26.17 |
| Net Income From Continuing And Discontinued Operation | -26.17 |
| Net Income From Continuing Operation Net Minority Interest | -26.17 |
| Net Income | -26.17 |
| Net Income Common Stockholders | -26.17 |
| Net Income Including Noncontrolling Interests | -26.17 |
| Normalized Income | -26.17 |
| Diluted NI Availto Com Stockholders | -26.17 |
| Basic Average Shares | - |
| Diluted Average Shares | - |
| Reconciled Depreciation | 10.99 |
| Reconciled Cost Of Revenue | 190.43 |
| General And Administrative Expense | 112.86 |
| Other Gand A | 112.86 |
| Selling And Marketing Expense | 408.87 |
Technology sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| Workiva Inc.this co. | WK | $2.8B | -105.19 | -506.37 | 481.4% | 2375.17 |
| Ouster, Inc. | OUST | $3.0B | - | 11.46 | -23.1% | - |
| Vistance Networks, Inc. | VISN | $2.8B | 1.23 | -2.79 | -227.4% | 30.18 |
| Freshworks Inc. | FRSH | $2.7B | 14.43 | 2.57 | 17.8% | 53.81 |
| StoneCo Ltd. | STNE | $2.6B | 1.13 | 0.24 |
| - |
| - |
| - |
| - |
| 21.1% |
| 2.17 |
| Braze, Inc. | BRZE | $2.6B | -19.85 | 4.18 | -21.0% | -20.45 |
| Quantum Computing Inc. | QUBT | $2.5B | -135.15 | 1.58 | -1.2% | -130.81 |
| Agilysys, Inc. | AGYS | $2.5B | 64.93 | 7.71 | 11.9% | 40.93 |
| PagSeguro Digital Ltd. | PAGS | $2.5B | 1.16 | 0.17 | 14.5% | 5.00 |
| Peer Median | - | 1.16 | 2.07 | 5.4% | 5.00 | |