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Workiva WK Operating Income

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Other financials

Income statement

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Revenue$247.3M+19.9%
Gross profit$198.8M+25.8%
Net income$19.0M+189%
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:OperatingIncomeLoss.

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
Sales and marketing104,485101,671
General and administrative26,04227,237
Total operating expenses183,440182,688
Income (loss) from operations15,321(24,750)
Interest income8,1038,747
Interest expense(3,194)(3,195)
Other income (expense), net398(233)
Income (loss) before provision for income taxes20,628(19,431)

Item 1. Unaudited Consolidated Financial Statements:

FAQ

What is Workiva's operating income?
Workiva (WK) reported operating income of $15.32M in Q1 2026.
How has Workiva's operating income changed year-over-year?
Workiva's operating income increased by 161.9% year-over-year, from -$24.75M to $15.32M.
What is the long-term trend for Workiva's operating income?
Over 3 years (2021 to 2024), Workiva's operating income has grown at a 37.6% compound annual growth rate (CAGR), from -$29.36M to -$76.53M.
What does operating income mean?
Gross profit minus all operating expenses (SG&A, R&D, D&A). Measures the profit from core business operations before interest, taxes, and non-operating items.

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