Workiva Inc.
Workiva Inc. (WK) Financial Performance & Income Statement Overview
View comprehensive annual and quarterly summaries for Workiva Inc. (WK), featuring income statements, balance sheets, and cash flow data.
Workiva Inc. (WK) Income Statement & Financial Overview
View the income breakdown for Workiva Inc. WK across both annual and quarterly reports.
| Metric | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 |
|---|---|---|---|---|
| Revenue | $206.28M | $199.89M | $185.62M | $177.50M |
| Cost of Revenue | $48.34M | $45.69M | $43.67M | $41.17M |
| Gross Profit | $157.94M | $154.20M | $141.95M | $136.33M |
| Gross Profit Ratio | $0.77 | $0.77 | $0.76 | $0.77 |
| R&D Expenses | $53.78M | $50.61M | $48.42M | $48.41M |
| SG&A Expenses | $128.91M | $116.91M | $115.31M | $109.97M |
| Operating Expenses | $182.69M | $167.52M | $163.73M | $158.38M |
| Total Costs & Expenses | $231.03M | $214.31M | $207.40M | $199.55M |
| Interest Income | $8.75M | $9.31M | $9.30M | $10.34M |
| Interest Expense | $3.19M | $3.20M | $3.20M | $3.24M |
| Depreciation & Amortization | -$2.12M | $2.91M | $3.006M | $2.56M |
| EBITDA | -$24.75M | -$231000.00 | -$9.83M | -$10.29M |
| EBITDA Ratio | -$0.12 | -$0.001 | -$0.05 | -$0.06 |
| Operating Income | -$24.75M | -$13.32M | -$21.78M | -$23.15M |
| Operating Income Ratio | -$0.12 | -$0.07 | -$0.12 | -$0.13 |
| Other Income/Expenses (Net) | $5.32M | $6.98M | $5.75M | $7.05M |
| Income Before Tax | -$19.43M | -$6.34M | -$16.03M | -$16.09M |
| Income Before Tax Ratio | -$0.09 | -$0.03 | -$0.09 | -$0.09 |
| Income Tax Expense | $1.94M | $2.48M | $959000.00 | $1.45M |
| Net Income | -$21.37M | -$8.81M | -$16.99M | -$17.55M |
| Net Income Ratio | -$0.10 | -$0.04 | -$0.09 | -$0.10 |
| EPS | -$0.38 | -$0.16 | -$0.31 | -$0.32 |
| Diluted EPS | -$0.38 | -$0.16 | -$0.31 | -$0.32 |
| Weighted Avg Shares Outstanding | $56.16M | $55.74M | $55.58M | $55.18M |
| Weighted Avg Shares Outstanding (Diluted) | $56.16M | $55.74M | $55.58M | $55.18M |
Financial performance has remained strong, with revenue growing from $177.50M in Q2 2024 to $206.28M in Q1 2025. Gross profit continued to perform well, with margins at 77% in the latest quarter. Operating income reached -$24.75M in Q1 2025, holding a steady -12% margin. While R&D and SG&A expenses fluctuated, EBITDA remained robust at -$24.75M. Net income dropped to -$21.37M, keeping EPS at -$0.38. With disciplined cost control and operational efficiency, the company supported consistent profitability, reflecting its ability to deliver stable shareholder value.
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