Workiva Inc. (WK)

Workiva Income Statement

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

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

Updated Feb 25, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q