Workiva Inc. (WK)

Workiva Income Statement

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

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	655.52	630.04	537.88	443.29	351.59	297.89
Revenue Growth (YoY)	17.39%	17.13%	21.34%	26.08%	18.03%	21.91%
Cost of Revenue	157.23	154.22	129.89	103.83	90.18	85.01
Gross Profit	498.29	475.82	407.99	339.45	261.42	212.88
Selling, General & Admin	391.77	397.55	345.04	253.07	204.38	168.36
Research & Development	172.49	172.79	151.72	115.74	94.84	89.92
Operating Expenses	564.26	570.34	496.75	368.81	299.22	258.29
Operating Income	-65.97	-94.53	-88.76	-29.36	-37.8	-45.41
Interest Expense / Income	55.37	53.64	6.04	14.02	13.96	6.03
Other Expense / Income	-31.83	-24.07	-5.81	-4.27	-3.08	-4.09
Pretax Income	-89.51	-124.1	-89	-39.1	-48.69	-47.34
Income Tax	3.56	3.43	1.95	-1.37	-0.29	0.14
Net Income	-93.06	-127.53	-90.95	-37.73	-48.4	-47.48
Shares Outstanding (Basic)	55	54	53	51	48	46
Shares Outstanding (Diluted)	55	54	53	51	48	46
Shares Change	2.28%	2.16%	3.57%	5.53%	4.63%	6.10%
EPS (Basic)	-1.72	-2.36	-1.72	-0.74	-1.00	-1.03
EPS (Diluted)	-1.72	-2.36	-1.72	-0.74	-1.00	-1.03
Free Cash Flow	88.03	68.75	7.88	46.31	31.37	27.81
Free Cash Flow Per Share	1.60	1.27	0.15	0.91	0.65	0.60
Gross Margin	76.01%	75.52%	75.85%	76.58%	74.35%	71.46%
Operating Margin	-10.06%	-15.00%	-16.50%	-6.62%	-10.75%	-15.24%
Profit Margin	-14.20%	-20.24%	-16.91%	-8.51%	-13.77%	-15.94%
Free Cash Flow Margin	13.43%	10.91%	1.46%	10.45%	8.92%	9.34%
EBITDA	-23.28	-59.32	-72.75	-19.84	-30.43	-37.47
EBITDA Margin	-3.55%	-9.42%	-13.52%	-4.48%	-8.65%	-12.58%
Depreciation & Amortization	10.86	11.14	10.21	5.24	4.3	3.84
EBIT	-34.14	-70.46	-82.96	-25.09	-34.73	-41.31
EBIT Margin	-5.21%	-11.18%	-15.42%	-5.66%	-9.88%	-13.87%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).