Workiva Inc. (WK)

Workiva Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	845.52	738.68	630.04	537.88	443.29	351.59
Revenue Growth (YoY)	19.86%	17.24%	17.14%	21.34%	26.08%	18.03%
Cost of Revenue	189.95	172.06	154.22	129.89	103.83	90.18
Gross Profit	655.57	566.63	475.82	407.99	339.45	261.42
Selling, General & Admin	505.26	446.92	378.45	344.44	252.67	204.38
Research & Development	209.63	191.94	172.79	151.72	115.74	94.84
Operating Expenses	714.89	638.86	551.24	496.15	368.41	299.22
Operating Income	-59.32	-72.23	-75.43	-88.16	-28.96	-37.8
Interest Expense	-12.78	-12.87	-53.64	-6.04	-14.02	-13.96
Interest & Investment Income	34.84	39.4	25.88	4.88	1.04	3.28
Currency Exchange Gain (Loss)	0.55	0.55	-1.15	0.84	-0.5	-0.33
Other Non Operating Income (Expenses)	-0.33	0.01	0.05	0.09	0.03	0.12
EBT Excluding Unusual Items	-37.04	-45.14	-104.29	-88.4	-42.4	-48.69
Merger & Restructuring Charges	-1.1	-1.1	-	-0.6	-0.4	-
Gain (Loss) on Sale of Investments	-	-	-0.71	-	3.7	-
Other Unusual Items	-3.2	-3.2	-19.1	-	-	-
Pretax Income	-41.34	-49.44	-124.1	-89	-39.1	-48.69
Income Tax Expense	5.46	5.6	3.43	1.95	-1.37	-0.29
Net Income	-46.8	-55.04	-127.53	-90.95	-37.73	-48.4
Net Income to Common	-46.8	-55.04	-127.53	-90.95	-37.73	-48.4
Shares Outstanding (Basic)	56	55	54	53	51	48
Shares Outstanding (Diluted)	56	55	54	53	51	48
Shares Change (YoY)	1.95%	2.32%	2.16%	3.57%	5.53%	4.63%
EPS (Basic)	-0.83	-0.99	-2.36	-1.72	-0.74	-1.00
EPS (Diluted)	-0.83	-0.99	-2.36	-1.72	-0.74	-1.00
Free Cash Flow	130.42	86.34	68.75	7.88	46.31	31.37
Free Cash Flow Per Share	2.33	1.56	1.27	0.15	0.91	0.65
Gross Margin	77.53%	76.71%	75.52%	75.85%	76.58%	74.35%
Operating Margin	-7.02%	-9.78%	-11.97%	-16.39%	-6.53%	-10.75%
Profit Margin	-5.54%	-7.45%	-20.24%	-16.91%	-8.51%	-13.76%
Free Cash Flow Margin	15.43%	11.69%	10.91%	1.46%	10.45%	8.92%
EBITDA	-47.88	-61.23	-64.29	-77.95	-23.71	-33.51
EBITDA Margin	-5.66%	-8.29%	-10.20%	-14.49%	-5.35%	-9.53%
D&A For EBITDA	11.44	11	11.14	10.21	5.24	4.3
EBIT	-59.32	-72.23	-75.43	-88.16	-28.96	-37.8
EBIT Margin	-7.02%	-9.78%	-11.97%	-16.39%	-6.53%	-10.75%
Revenue as Reported	845.52	738.68	630.04	537.88	443.29	351.59
Advertising Expenses	-	8.5	6.5	6.1	5.6	3.8

Updated Nov 5, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q