WK on NYSE

Workiva

Logo: Foxtrot Bravo Alpha [FBA], Public domain, via Wikimedia Commons4

American software company

Workiva, Inc. is a global software-as-a-service (SaaS) company.3 From Wikipedia, CC BY-SA 4.0

Price unavailable

Last updated Oct 18, 2026.

Overview

$884.6MRevenue, fiscal 20255
-$26.2MNet income, fiscal 20255
2008Founded1

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  • TickerWK on NYSE1
  • IndustryServices-Prepackaged Software1
  • HeadquartersAmes1
  • Websitewww.workiva.com
  • Legal formpublic company1
  • Incorporated inDE6
  • Business address2900 University Blvd., Ames, Ia 500106
  • Filer categoryLarge accelerated filer6

Workiva, Inc. is a global software-as-a-service (SaaS) company. It provides a cloud-based connected and reporting compliance platform that enables the use of connected data and automation of reporting across finance, accounting, risk, and compliance.3

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2025

78.5%Gross margin5
-4.8%Operating margin5
-3.0%Net margin5
19.7%Revenue growth, 20255
$138.0MFree cash flow5

What sells

Revenue by product, business segment and region, as the company reports it to the SEC.

Products and services

License and Service brought in 92% of the revenue Workiva broke down this way in fiscal 2025.

  1. License and Service$812.6M592%up 22% from 2024
  2. XBRL Professional Services$60.6M57%up 3% from 2024
  3. Other Services$11.3M51%down 8% from 2024
Products and services by year
Products and services202320242025
License and Service$558.6M$667.6M$812.6M
XBRL Professional Services$56.8M$58.8M$60.6M
Other Services$14.6M$12.2M$11.3M

Regions

United States brought in 73% of the revenue Workiva broke down this way in fiscal 2025.

  1. United States$648.4M573%up 15% from 2024
  2. Outside the United States$236.2M527%up 35% from 2024
Regions by year
Regions202320242025
United States$501.7M$563.4M$648.4M
Outside the United States$128.3M$175.3M$236.2M

Where the money goes

Where each dollar of revenue went, fiscal 2025

  • Cost of revenue22¢$190.4M
  • Research and development24¢$214.8M
  • Other costs54¢$475.5M
  • Income tax0¢$3.8M

Out of $884.6M in revenue.5 The company lost money this year.

Where each dollar of operating cash went, fiscal 2025

  • Capital spending1¢$2.1M
  • Share buybacks51¢$71.6M
  • Kept or used elsewhere47¢$66.4M

Out of $140.1M of cash from operations.5

Financial statements

Revenue891011125$884.6M in 2025+262% since 2018
0$250.0M$500.0M$750.0M$1.0B2018: $244.3M$244.3M20182019: $297.9M$297.9M2019+22%2020: $351.6M$351.6M2020+18%2021: $443.3M$443.3M2021+26%2022: $537.9M$537.9M2022+21%2023: $630.0M$630.0M2023+17%2024: $738.7M$738.7M2024+17%2025: $884.6M$884.6M2025+20%
Gross profit891011125$694.1M in 2025+289% since 2018
0$200.0M$400.0M$600.0M$800.0M2018: $178.5M$178.5M20182019: $212.9M$212.9M2019+19%2020: $261.4M$261.4M2020+23%2021: $339.5M$339.5M2021+30%2022: $408.0M$408.0M2022+20%2023: $475.8M$475.8M2023+17%2024: $566.6M$566.6M2024+19%2025: $694.1M$694.1M2025+23%
Operating income891011125-$42.4M in 2025−15% since 2018
-$100.0M-$75.0M-$50.0M-$25.0M02018: -$49.8M-$49.8M20182019: -$45.4M-$45.4M2019−9%2020: -$37.8M-$37.8M2020−17%2021: -$29.4M-$29.4M2021−22%2022: -$88.8M-$88.8M2022+202%2023: -$94.5M-$94.5M2023+6%2024: -$76.5M-$76.5M2024−19%2025: -$42.4M-$42.4M2025−45%
Net income891011125-$26.2M in 2025−48% since 2018
-$150.0M-$100.0M-$50.0M02018: -$50.1M-$50.1M20182019: -$47.5M-$47.5M2019−5%2020: -$48.4M-$48.4M2020+2%2021: -$37.7M-$37.7M2021−22%2022: -$90.9M-$90.9M2022+141%2023: -$127.5M-$127.5M2023+40%2024: -$55.0M-$55.0M2024−57%2025: -$26.2M-$26.2M2025−52%

Every line of the income statement as filed: the last 3 fiscal years, latest first.5

Period ending2025-12-312024-12-312023-12-31
Total revenue$884.6M$738.7M$630.0M
Total cost of revenue$190.4M$172.1M$154.2M
Gross profit$694.1M$566.6M$475.8M
Research and development$214.8M$192.9M$172.8M
Sales and marketing$408.9M$347.2M$287.0M
General and administrative$112.9M$103.0M$110.5M
Total operating expenses$736.6M$643.2M$570.3M
Loss from operations-$42.4M-$76.5M-$94.5M
Interest income$34.2M$39.4M$25.9M
Interest expense-$12.8M-$12.9M-$53.6M
Other (expense) income, net-$1.4M$563.0K-$1.8M
Loss before provision for income taxes-$22.4M-$49.4M-$124.1M
Provision for income taxes$3.8M$5.6M$3.4M
Net loss-$26.2M-$55.0M-$127.5M
Basic (in dollars per share)-$0.47-$0.99-$2.36
Diluted (in dollars per share)-$0.47-$0.99-$2.36
Weighted-average common shares outstanding - basic (in shares)56.3M shares55.4M shares54.1M shares
Weighted-average common shares outstanding - diluted (in shares)56.3M shares55.4M shares54.1M shares

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The story

2008 - 2014

In August 2008, Workiva Inc. was formed as WebFilings LLC in California by Jerry Behar and a team of five other entrepreneurs.

Martin Vanderploeg was a co-founder of EAI and served as CTO and Executive Vice President until they were acquired in 2000 by UGS Corp, and is now a division of Siemens, the German technology multinational.

The Workiva Platform is a cloud-based enterprise software-as-a-service platform that enables companies to collect, manage, report and analyse critical business data in real time. Wdesk also allows companies to manage and file financial and compliance documents to regulatory agencies.

Workiva integrates information from disparate content formats, including spreadsheets, presentation documents, emails and other unstructured data, into a single cloud-based report.

In July 2014, the company changed its name to Workiva LLC.

2014 - 2019

The company went public in December 2014 and with an IPO on the New York Stock Exchange (NYSE: WK).

Deloitte's 2015 Technology Fast 500 survey of fastest growing technology companies in America Workiva ranked fiftieth among all software companies. In the DevOps Excellence Awards 2019, Workiva won Best Software-Defined Product.

In May 2019, Workiva opened offices in Frankfurt, Germany, and Paris, France. The company also has offices in Amsterdam and London, 12 U.S. cities, and two Canadian cities.

Read the full text

Workiva’s product Wdata allows users to connect large datasets of information to the Workiva platform. It was designed to improve the usefulness of Wdesk. Wdata connects data from enterprise resource planning, governance risk and compliance platforms, and other third-party, on-premise systems and cloud applications.

In September, Workiva updated the Wdata platform to include automatic updates, approval workflows, finance and accounting connectors, risk and control integration, and improved controlled access tools. The company also integrated its platforms with BlackLine, a producer of financial close software. The integration allows accountants to connect and transfer data between the two companies. Later in September, Workiva established a partnership with FloQast, a financial close management software company. The two offer a reporting and compliance solution for private companies, as well as for companies to use before and after they issue an initial public offering of stock.

2020 - 2025

In April 2020, Workiva launched W for ESEF. It is a solution to help European companies comply with the European Securities and Markets Authority (ESMA) requirements for European Single Electronic Format (ESEF) reporting. W for ESEF was made available in 23 European languages. Companies can use the solution to build reports, tag data, and compile the final ESEF submission package.

In November 2020, Workiva appointed COO Julie Iskow to the board. She was named one of the 50 most powerful women in tech in 2019.

In May, the company updated its cloud platform to help companies with Environmental, Social and Corporate Governance (ESG) reporting.

In July 2021, the company became the first SaaS company to enter the United Nations’ Global Compact CFO Taskforce. A few months later, in August 2021, Workiva made its first acquisition when it acquired OneCloud, which provides integration platform as a service software.

In December 2021, Workiva acquired AuditNet, a global audit content and services provider.

In February 2023, Workiva announced that President and Chief Operating Officer Julie Iskow would succeed Marty Vanderploeg as CEO, starting April 1.

In June 2024, Workiva acquired Sustain.Life, a carbon accounting software startup, to enhance its sustainability reporting capabilities.

In September 2025, the company launched an agentic AI platform, Workiva AI.

From Wikipedia’s article on Workiva, shared under CC BY-SA 4.0.7

Leadership

Who has led Workiva, and when. Pick a name to see everywhere that person has worked.

Board members and other officers (20)

Former names

  • WORKIVA LLCSep 3, 2014 to Dec 12, 20146
  • WEBFILINGS LLCOct 13, 2009 to Dec 27, 20126
  • WEB FILINGS LLCSep 15, 2008 to Sep 28, 20096

Timeline

  1. Apr 4, 2023New chief executive Julie Iskow becomes CEO18
  2. Nov 14, 2018New chief executive Martin J. Vanderploeg becomes CEO19
  3. Dec 10, 2014New chief executive Matthew M. Rizai becomes CEO20
  4. 2008Founded Founded1

Filings

363 filings to the SEC since October 2021: 5 annual reports, 15 quarterly reports, 43 major events, 203 insider forms, 31 large holders, 66 other. The latest 20:

  1. Sep 16, 20264 EDGAR
  2. Sep 2, 20264 EDGAR
  3. Aug 21, 20264 EDGAR
  4. Aug 20, 2026144 EDGAR
  5. Aug 20, 20264 EDGAR
  6. Aug 14, 2026SCHEDULE 13G EDGAR
  7. Aug 5, 2026144 EDGAR
  8. Aug 4, 2026S-8 EDGAR
  9. Aug 4, 202610-Q EDGAR
  10. Aug 4, 20268-K EDGAR
  11. Jul 31, 2026SCHEDULE 13G EDGAR
  12. Jul 16, 2026144 EDGAR
  13. Jul 1, 2026144 EDGAR
  14. Jun 17, 2026144 EDGAR
  15. Jun 8, 20264 EDGAR
  16. Jun 3, 20264 EDGAR
  17. Jun 3, 20264 EDGAR
  18. Jun 3, 20264 EDGAR
  19. Jun 3, 20264 EDGAR
  20. Jun 3, 20264 EDGAR

The 363 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last three years, summarized. The full record is on SEC EDGAR.

Insider trades and holders

Large holders

Investors who own more than 5% must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively. 31 such filings since October 2021, the latest 10:

  1. Aug 14, 2026SCHEDULE 13G
  2. Jul 31, 2026SCHEDULE 13G
  3. May 15, 2026SCHEDULE 13G/A
  4. Apr 29, 2026SCHEDULE 13G
  5. Mar 27, 2026SCHEDULE 13G/A
  6. Feb 13, 2026SCHEDULE 13G/A
  7. Nov 14, 2025SCHEDULE 13G/A
  8. Aug 14, 2025SCHEDULE 13G/A
  9. Aug 14, 2025SCHEDULE 13G
  10. Aug 6, 2025SCHEDULE 13G/A

From Forms 4 and Schedules 13D and 13G filed with the SEC.

Held by these funds

The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.

FundSharesValueShare of the fundChange
BlackRock, Inc.5,507,490$267.2M0.0%+870,420
Vanguard Portfolio Management LLC4,046,352$196.3M0.0%+90,685
Jericho Capital Asset Management L.P.3,482,515$168.9M1.4%+1,016,770
Hotchkis & Wiley Capital Management LLC2,578,108$125.1M0.4%+898,320
Vanguard Capital Management LLC2,287,053$110.9M0.0%+30,150
Fmr LLC1,697,045$82.3M0.0%−88,678
State Street Corp1,475,546$71.6M0.0%+199,623
Arrowstreet Capital, Limited Partnership1,420,426$68.9M0.0%+310,780
Geode Capital Management, LLC1,294,139$62.8M0.0%+66,830
Edmond De Rothschild Holding S.a.1,268,192$61.5M0.8%+46,631
Squarepoint Ops LLC1,247,400$60.5M0.1%+655,396
First Trust Advisors LP1,126,475$54.6M0.0%+263,539
Fuller & Thaler Asset Management, Inc.943,485$45.8M0.1%+21,318
Topline Capital Management, LLC871,101$42.3M11.0%−178,989
Mairs & Power Inc829,491$40.2M0.4%+113,851
Bank Of America Corp /de/804,184$39.0M0.0%+409,243
UBS Group AG787,654$38.2M0.0%−340,334
Aqr Capital Management LLC713,213$34.6M0.0%+376,920
Qube Research & Technologies Ltd699,733$33.9M0.0%+336,400
Goldman Sachs Group Inc669,715$32.5M0.0%−141,815
Irenic Capital Management LP552,010$26.8M1.9%No change
Northern Trust Corp527,937$25.6M0.0%+45,381
Morgan Stanley526,630$25.5M0.0%+224,355
Loomis Sayles & Co L P487,357$23.6M0.0%−27,579
Conestoga Capital Advisors, LLC467,432$22.7M0.5%−287,121

13F reports cover disclosed long positions in U.S. stocks only.

Members of Congress who traded it

1 trades disclosed by members of Congress. “Vs S&P since” is the stock’s change since the trade minus the S&P 500’s.

DateMemberTradeAmountVs S&P sinceFiling
Jun 24, 2020Greg Gianforte, HouseBuy$100,001 - $250,000−107.3%Report

Members report amounts as ranges, not exact figures. Returns are price-only (no dividends).

Sources

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