Workiva Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	884.57	738.68	630.04	537.88	443.29
Revenue Growth (YoY)	19.75%	17.24%	17.14%	21.34%	26.08%
Cost of Revenue	190.43	172.06	154.22	129.89	103.83
Gross Profit	694.14	566.63	475.82	407.99	339.45
Selling, General & Admin	521.74	449.12	397.55	344.44	252.67
Research & Development	214.84	192.94	172.79	151.72	115.74
Operating Expenses	736.58	642.06	570.34	496.15	368.41
Operating Income	-42.44	-75.43	-94.53	-88.16	-28.96
Interest Expense	-12.78	-12.87	-53.64	-6.04	-14.02
Interest & Investment Income	34.15	39.4	25.88	4.88	1.04
Currency Exchange Gain (Loss)	-1.39	0.55	-1.15	0.84	-0.5
Other Non Operating Income (Expenses)	0.04	0.01	0.05	0.09	0.03
EBT Excluding Unusual Items	-22.42	-48.34	-123.39	-88.4	-42.4
Merger & Restructuring Charges	-	-1.1	-	-0.6	-0.4
Gain (Loss) on Sale of Investments	-	-	-0.71	-	3.7
Pretax Income	-22.42	-49.44	-124.1	-89	-39.1
Income Tax Expense	3.75	5.6	3.43	1.95	-1.37
Net Income	-26.17	-55.04	-127.53	-90.95	-37.73
Net Income to Common	-26.17	-55.04	-127.53	-90.95	-37.73
Shares Outstanding (Basic)	56	55	54	53	51
Shares Outstanding (Diluted)	56	55	54	53	51
Shares Change (YoY)	1.66%	2.32%	2.16%	3.57%	5.53%
EPS (Basic)	-0.47	-0.99	-2.36	-1.72	-0.74
EPS (Diluted)	-0.47	-0.99	-2.36	-1.72	-0.74
Free Cash Flow	138	86.34	68.75	7.88	46.31
Free Cash Flow Per Share	2.45	1.56	1.27	0.15	0.91
Gross Margin	78.47%	76.71%	75.52%	75.85%	76.58%
Operating Margin	-4.80%	-10.21%	-15.00%	-16.39%	-6.53%
Profit Margin	-2.96%	-7.45%	-20.24%	-16.91%	-8.51%
Free Cash Flow Margin	15.60%	11.69%	10.91%	1.46%	10.45%
EBITDA	-31.45	-64.43	-83.39	-77.95	-23.71
EBITDA Margin	-3.55%	-8.72%	-13.23%	-14.49%	-5.35%
D&A For EBITDA	10.99	11	11.14	10.21	5.24
EBIT	-42.44	-75.43	-94.53	-88.16	-28.96
EBIT Margin	-4.80%	-10.21%	-15.00%	-16.39%	-6.53%
Revenue as Reported	884.57	738.68	630.04	537.88	443.29
Advertising Expenses	8.1	8.5	6.5	6.1	5.6

Source: S&P Global Market Intelligence. Standard template. Financial Sources.