Workiva Inc. (WK) SEC Filings & Earnings Calls
EquiReason read 13 Workiva Inc. SEC filings in the last 12 months. Latest: 10-Q on 2026-08-04 — Workiva reported strong Q2 2026 results with revenue up 18.6% YoY and net income of $13.4M vs a loss of $19.4M a year ago..
Source: SEC EDGAR filings · figures as of 2026-06-30 · read by EquiReason
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Every filing, read
last 12 months · SECWhat happened, the numbers inside, guidance and risks. The original is one click away.
4 Aug 202610-QWorkiva reported strong Q2 2026 results with revenue up 18.6% YoY and net income of $13.4M vs a loss of $19.4M a year ago.earningsopen
Figures in the filing · each found in the filing text
| Revenue · Q2-2026 | $255M | +19% y/y |
| Subscription and support revenue · Subscription and support · Q2-2026 | $236M | +19% y/y |
| Net income (loss) · Q2-2026 | $13M | |
| Remaining performance obligations · 2026-06-30 | $1.46B | |
| Customer count · 2026-06-30 | 6,700 |
Risks flagged
Policy uncertainty impacting sustainability solution adoption
“Sales of our sustainability management solutions have been, and may continue to be, materially impacted by domestic and global policy uncertainties.” · word for word
Regulatory changes to reporting cadence could reduce demand
“The SEC has proposed rule amendments that would permit reporting companies to elect semiannual reporting on a new Form 10-S in lieu of quarterly reporting on Form 10-Q. If adopted and if a significant portion of our current or prospective customers elect semiannual reporting, demand for solutions tied to quarterly reporting cadences could be affected.” · word for word
4 Aug 20268-K · 2.02Workiva beat high end of revenue guidance with 19% subscription growth, non-GAAP operating margin 16.8% (beat guidance by 180bps), raised FY2026 non-GAAP operating margin target to ~18% (a year early), and repurchased $123M in stock.earningsopen
Figures in the filing · each found in the filing text
| Total revenue · Q2-2026 | $255M | +19% y/y |
| Subscription and support revenue · Q2-2026 | $236M | +19% y/y |
| Professional services revenue · Q2-2026 | $19M | +12% y/y |
| GAAP operating margin · Q2-2026 | 4.6% | |
| Non-GAAP operating margin · Q2-2026 | 16.8% | |
| GAAP net income (loss) · Q2-2026 | $13M | -168% y/y |
| Non-GAAP net income · Q2-2026 | $45M | +309% y/y |
| GAAP net income per diluted share · Q2-2026 | $0.24 | -169% y/y |
| Non-GAAP net income per diluted share · Q2-2026 | $0.77 | +305% y/y |
| Operating cash flow · Q2-2026 | $78M | +56% y/y |
Guidance
Q3 2026: total revenue $260-262M; non-GAAP operating margin 17.0-17.5%; non-GAAP EPS $0.79-0.82. FY2026: total revenue $1.040-1.044B; non-GAAP operating margin ~18% (raised from prior medium-term target of 18% by 2027); non-GAAP EPS $3.38-3.39; free cash flow margin ~21%.
Workiva raised its FY2026 non-GAAP operating margin target to ~18% (a year early), reflecting strong operational leverage. Revenue guidance implies continued 19%+ growth. Q3 guidance suggests further margin expansion.
Risks flagged
Convertible debt maturity: $71M due 2026 and $702M due 2028 could create dilution or refinancing risk.
“Workiva had $71 million aggregate principal amount of 1.125% convertible senior notes due in 2026, $702 million aggregate principal amount of 1.250% convertible senior notes due in 2028.” · word for word
Share repurchase reduces cash but signals confidence; remaining $106M authorization provides flexibility.
“During Q2 2026, Workiva purchased approximately 2.5 million shares for $123 million under the plan. As of June 30, 2026, approximately $106 million remained available.”
2 Jun 20268-K · 5.02, 5.07Reported the departure of a director or principal officer (CEO/CFO change); submitted matters to a vote of security holdersopen
Risks flagged
Potential dilution from increased equity plan shares.
“3.9M additional shares authorized under equity plan.”
5 May 20268-K · 2.02Total revenue $247M (+20% y/y); Subscription and support revenue $225M (+21% y/y); Non-GAAP operating margin 18.4; Guidance: FY2026 revenue $1.037B-$1.041B, non-GAAP op margin 16.0%-16.5%, FCF margin ~20%earningsopen
Figures in the filing · each found in the filing text
| Total revenue · Q1-2026 | $247M | +20% y/y |
| Subscription and support revenue · Q1-2026 | $225M | +21% y/y |
| Non-GAAP operating margin · Q1-2026 | 18.4% | |
| GAAP net income · Q1-2026 | $19M | |
| Non-GAAP net income · Q1-2026 | $49M | |
| Customers · Q1-2026 | 6,665 | +4% y/y |
| Net retention rate · Q1-2026 | 112.0% | |
| Customers with ACV >$100k · Q1-2026 | 2,575 | +24% y/y |
| Customers with ACV >$300k · Q1-2026 | 605 | +38% y/y |
| Customers with ACV >$500k · Q1-2026 | 265 | +39% y/y |
Guidance
FY2026 revenue $1.037B-$1.041B, non-GAAP op margin 16.0%-16.5%, FCF margin ~20%
Raised full-year guidance reflecting strong execution, durable growth, and margin expansion
Risks flagged
Convertible debt maturity in 2026 ($71M) and 2028 ($702M)
“$71 million aggregate principal amount of 1.125% convertible senior notes due in 2026, $702 million aggregate principal amount of 1.250% convertible senior notes due in 2028” · word for word
5 May 202610-QTotal revenue $247M (+20% y/y); Subscription and support revenue $225M (+22% y/y); Net income (loss) $19Mopen
Figures in the filing · each found in the filing text
| Total revenue · Q1-2026 | $247M | +20% y/y |
| Subscription and support revenue · Subscription and support · Q1-2026 | $225M | +22% y/y |
| Net income (loss) · Q1-2026 | $19M | |
| Operating cash flow · Q1-2026 | $26M | |
| Number of customers · 2026-03-31 | 6,665 | +4% y/y |
| Gross retention rate · 2026-03-31 | 97.3% | |
| Net retention rate · 2026-03-31 | 112.4% | |
| Customers with ACV $100k+ · 2026-03-31 | 2,575 | +24% y/y |
| Remaining performance obligations · 2026-03-31 | $1.43B | |
| Subscription revenue from $100k+ ACV customers as % of total subscription revenue · Q1-2026 | 79.9% |
Risks flagged
Regulatory Policy Uncertainty
“We believe that the revised thresholds under these amendments have influenced the pace of customer adoption of our sustainability solutions.” · word for word
Seasonality and Cash Flow Timing
“Our operating cash flow may be affected by the timing of employee cash bonus payments during the first and fourth calendar quarters and by the timing of payouts under our commission plans in the first quarter.” · word for word
17 Apr 2026DEF 14AAnnual proxy statement disclosing executive compensation, governance, and equity plan amendment for shareholder vote.open
Figures in the filing · each found in the filing text
| Revenue · FY2025 | $885M | +20% y/y |
| Subscription and support revenue · FY2025 | $813M | +22% y/y |
| Operating cash flow · FY2025 | $140M | +60% y/y |
| Customer count · 2025-12-31 | 6,624 | +5% y/y |
| Gross retention rate · 2025-12-31 | 97.2% | |
| Non-GAAP operating margin · FY2025 | 9.9% | |
| Free cash flow margin · FY2025 | 15.6% | |
| Non-GAAP operating income · FY2025 | $88M | |
| Headcount · 2025-12-31 | 2,860 | +1% y/y |
Risks flagged
CFO transition risk
“Ms. Klindt transitioned out of her position as Executive Vice President, CFO and Treasurer effective December 26, 2025. In addition to serving as CEO in 2025, Ms. Iskow served as Interim Chief Financial Officer from December 27, 2025 through January 20, 2026.” · word for word
Sales leadership transition
“Mr. Hawkins transitioned out of his position as Executive Vice President, Chief Sales Officer effective November 5, 2025.” · word for word
Equity dilution
“Our Board is requesting stockholder approval of a further amendment and restatement of the Plan to increase the number of shares of Class A common stock authorized for issuance under the Plan by 3,900,000 shares.” · word for word
19 Feb 20268-K · 2.02Total revenue $239M (+20% y/y); Subscription and support revenue $219M (+21% y/y); GAAP net income $12Mearningsopen
Figures in the filing · each found in the filing text
| Total revenue · Q4-2025 | $239M | +20% y/y |
| Subscription and support revenue · Q4-2025 | $219M | +21% y/y |
| GAAP net income · Q4-2025 | $12M | |
| Non-GAAP operating margin · Q4-2025 | 19.1% | |
| GAAP operating margin · Q4-2025 | 3.4% | |
| Non-GAAP net income · Q4-2025 | $50M | |
| Customers · Q4-2025 | 6,624 | |
| Net retention rate · Q4-2025 | 113.0% | |
| Customers with ACV >$100K · Q4-2025 | 2,507 | +22% y/y |
| Customers with ACV >$300K · Q4-2025 | 592 | +42% y/y |
19 Feb 202610-KTotal revenue $885M (+20% y/y); Subscription and support revenue $813M (+22% y/y); Net loss $-26Mopen
Figures in the filing · each found in the filing text
| Total revenue · FY2025 | $885M | +20% y/y |
| Subscription and support revenue · FY2025 | $813M | +22% y/y |
| Net loss · FY2025 | $-26M | |
| Number of customers · 2025-12-31 | 6,624 | +5% y/y |
| Gross retention rate · FY2025 | 97.2% | |
| Net retention rate · FY2025 | 112.8% | |
| Customers with ACV $100k+ · 2025-12-31 | 2,507 | +22% y/y |
| Customers with ACV $300k+ · 2025-12-31 | 592 | +42% y/y |
| Customers with ACV $500k+ · 2025-12-31 | 248 | +37% y/y |
| Subscription and support as % of total revenue · FY2025 | 91.9% |
Risks flagged
Regulatory uncertainty for sustainability solutions
“Sales of our sustainability management solutions have been, and may continue to be, materially impacted by domestic and global policy uncertainties.” · word for word
IPO/SPAC market volatility
“New sales of our SEC and capital markets solutions were adversely affected by this decline in the IPO and SPAC markets.” · word for word
Dual-class voting control
“The Class B common stock beneficially owned by certain of our former executive officers collectively represented approximately 41% of the voting power of our outstanding capital stock.” · word for word
28 Jan 20268-K · 5.02, 7.01Reported the departure of a director or principal officer (CEO/CFO change); issued a Regulation FD disclosure (forward guidance or material update)open
Risks flagged
Board refreshment may cause short-term transition risk.
“David Mulcahy, Lead Independent Director... resigned from the Workiva Board of Directors, effective January 27, 2026”
5 Nov 20258-K · 2.02Total revenue $224M (+21% y/y); Subscription and support revenue $210M (+23% y/y); Non-GAAP operating margin 12.7; Guidance: FY2025 revenue $880-$882M; non-GAAP operating margin 9.2%-9.4%earningsopen
Figures in the filing · each found in the filing text
| Total revenue · Q3-2025 | $224M | +21% y/y |
| Subscription and support revenue · Q3-2025 | $210M | +23% y/y |
| Non-GAAP operating margin · Q3-2025 | 12.7% | |
| GAAP net income · Q3-2025 | $3M | |
| Non-GAAP net income · Q3-2025 | $35M | |
| Customers · Q3-2025 | 6,541 | |
| Net retention rate · Q3-2025 | 114.0% | |
| Customers with ACV >$500K · Q3-2025 | 236 | +42% y/y |
Guidance
FY2025 revenue $880-$882M; non-GAAP operating margin 9.2%-9.4%
Raised FY2025 guidance for both revenue and operating margin; strong execution.
Risks flagged
Departure of Chief Sales Officer; transition risk.
“Workiva Executive Vice President and Chief Sales Officer, Michael Hawkins, will be stepping down from his position” · word for word
5 Nov 202510-QWorkiva reported Q3 2025 revenue of $224.2M (+20.8% YoY) and net income of $2.8M, a significant improvement from a $17.0M loss in the prior year.earningsopen
Figures in the filing · each found in the filing text
| Total revenue · Q3-2025 | $224M | +21% y/y |
| Subscription and support revenue · Q3-2025 | $210M | +23% y/y |
| Net income (loss) · Q3-2025 | $3M | |
| Number of customers · 2025-09-30 | 6,541 | +5% y/y |
| Gross retention rate · 2025-09-30 | 97.3% | |
| Net retention rate · 2025-09-30 | 113.6% | |
| Customers with annual contract value $100k+ · 2025-09-30 | 2,372 | +23% y/y |
| Remaining performance obligations · 2025-09-30 | $1.30B |
Risks flagged
Sustainability regulation policy uncertainty
“Sales of our sustainability management solutions have been, and may continue to be, materially impacted by domestic and global policy uncertainties.” · word for word
IPO/SPAC market volatility
“New sales of our SEC and capital markets solutions were adversely affected by this decline in the IPO and SPAC markets.” · word for word
Workiva Inc. — questions
- What did Workiva Inc. file recently?
- 13 SEC filings in the last 12 months. Latest: 10-Q on 2026-08-04 — Workiva reported strong Q2 2026 results with revenue up 18.6% YoY and net income of $13.4M vs a loss of $19.4M a year ago.
Every figure on this page comes from Workiva Inc.'s own SEC filings — see them on SEC EDGAR. Price data is licensed and shown only inside the product.
How these figures are read: methodology · EquiReason.