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Workiva WK Net Income

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Other financials

Income statement

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Revenue$247.3M+19.9%
Gross profit$198.8M+25.8%
Operating income$15.3M+162%
EPS (diluted)$0.33+187%

Balance sheet

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Cash & equivalents$335.0M+38.0%
Total debt$96.7M+237%
Total equity-$12.6M+83.3%
Total assets$1.4B+10.2%

Cash flow

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Operating cash flow$26.5M+460%
CapEx$728.0K-4.6%
Free cash flow$25.7M+417%

Valuation

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Market cap$3.38B-22.7%
Enterprise value$3.14B-24.9%
P/S3.7×-1.8×

Profitability

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Gross margin79.4%+2.7pp
Operating margin-7.5%-1.6pp
Net margin-5.5%-1.0pp
FCF margin18.6%+11.6pp

Returns & leverage

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Return on equity-2,762.5%-2,957pp
Debt / equity188.9×+184×
Current ratio1.6×-0.2×

Where this comes from

Reported directly by Workiva in its filing.

Tagged under the XBRL concept us-gaap:NetIncomeLoss.

The source filing: Workiva’s 10-Q, filed May 5, 2026.

Filed
May 5, 2026, 4:11 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001445305-26-000045
Line itemThree months ended March 31, 2026Three months ended March 31, 2025
Other income (expense), net398(233)
Income (loss) before provision for income taxes20,628(19,431)
Provision for income taxes1,6321,940
Net income (loss)$18,996$(21,371)
Net income (loss) per common share
Basic$0.33$(0.38)
Diluted$0.33$(0.38)
Weighted-average common shares outstanding

Item 1. Unaudited Consolidated Financial Statements:

FAQ

What is Workiva's net income?
Workiva (WK) reported net income of $19M in Q1 2026.
How has Workiva's net income changed year-over-year?
Workiva's net income increased by 188.9% year-over-year, from -$21.37M to $19M.
What is the long-term trend for Workiva's net income?
Over 3 years (2021 to 2024), Workiva's net income has grown at a 13.4% compound annual growth rate (CAGR), from -$37.73M to -$55.04M.
What does net income mean?
The bottom line — total revenue minus all expenses, taxes, and costs. Represents the profit attributable to the company's shareholders after all obligations are met.

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