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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	769.29	738.68	630.04	537.88	443.29	351.59
Revenue Growth (YoY)	17.36%	17.24%	17.14%	21.34%	26.08%	18.03%
Cost of Revenue	178.87	172.06	154.22	129.89	103.83	90.18
Gross Profit	590.42	566.63	475.82	407.99	339.45	261.42
Selling, General & Admin	468.9	446.92	378.45	344.44	252.67	204.38
Research & Development	200.22	191.94	172.79	151.72	115.74	94.84
Operating Expenses	669.12	638.86	551.24	496.15	368.41	299.22
Operating Income	-78.7	-72.23	-75.43	-88.16	-28.96	-37.8
Interest Expense	-12.83	-12.87	-53.64	-6.04	-14.02	-13.96
Interest & Investment Income	37.69	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)	-0.31	0.01	0.05	0.09	0.03	0.12
EBT Excluding Unusual Items	-53.6	-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	-57.9	-49.44	-124.1	-89	-39.1	-48.69
Income Tax Expense	6.83	5.6	3.43	1.95	-1.37	-0.29
Net Income	-64.73	-55.04	-127.53	-90.95	-37.73	-48.4
Net Income to Common	-64.73	-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)	2.31%	2.32%	2.16%	3.57%	5.53%	4.63%
EPS (Basic)	-1.16	-0.99	-2.36	-1.72	-0.74	-1.00
EPS (Diluted)	-1.16	-0.99	-2.36	-1.72	-0.74	-1.00
Free Cash Flow	53.58	86.34	68.75	7.88	46.31	31.37
Free Cash Flow Per Share	0.96	1.56	1.27	0.15	0.91	0.65
Gross Margin	76.75%	76.71%	75.52%	75.85%	76.58%	74.35%
Operating Margin	-10.23%	-9.78%	-11.97%	-16.39%	-6.53%	-10.75%
Profit Margin	-8.41%	-7.45%	-20.24%	-16.91%	-8.51%	-13.76%
Free Cash Flow Margin	6.97%	11.69%	10.91%	1.46%	10.45%	8.92%
EBITDA	-67.33	-61.23	-64.29	-77.95	-23.71	-33.51
EBITDA Margin	-8.75%	-8.29%	-10.20%	-14.49%	-5.35%	-9.53%
D&A For EBITDA	11.37	11	11.14	10.21	5.24	4.3
EBIT	-78.7	-72.23	-75.43	-88.16	-28.96	-37.8
EBIT Margin	-10.23%	-9.78%	-11.97%	-16.39%	-6.53%	-10.75%
Revenue as Reported	769.29	738.68	630.04	537.88	443.29	351.59
Advertising Expenses	-	8.5	6.5	6.1	5.6	3.8

Updated May 1, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q