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Workiva WK Increase (Decrease) In Capitalized Contract Cost

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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%
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$2.64B-20.5%
Enterprise value$2.4B-22.1%
P/S2.9×-1.5×

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 wk:IncreaseDecreaseInCapitalizedContractCost.

The official record: Workiva’s 10-Q, filed May 5, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Workiva's increase (decrease) in capitalized contract cost?
Workiva (WK) reported increase (decrease) in capitalized contract cost of -$2.88M in Q1 2026.
How has Workiva's increase (decrease) in capitalized contract cost changed year-over-year?
Workiva's increase (decrease) in capitalized contract cost increased by 29.7% year-over-year, from -$4.09M to -$2.88M.
What is the long-term trend for Workiva's increase (decrease) in capitalized contract cost?
Over 3 years (2021 to 2025), Workiva's increase (decrease) in capitalized contract cost has grown at a -10.6% compound annual growth rate (CAGR), from $19.21M to $13.73M.
What does increase (decrease) in capitalized contract cost mean?
This represents the change in assets recognized from the costs incurred to obtain or fulfill a customer contract that are expected to be recovered. It reflects the timing difference between cash outflows for sales commissions or implementation costs and the subsequent recognition of these costs as expenses. Monitoring this helps investors understand the efficiency of customer acquisition and the impact of contract-related investments on operating cash flow.