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Workiva WK Increase (Decrease) In Operating Right-Of-Use Asset

Increase (Decrease) In Operating Right-Of-Use Asset at other companies

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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:IncreaseDecreaseInOperatingRightOfUseAsset.

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 operating right-of-use asset?
Workiva (WK) reported increase (decrease) in operating right-of-use asset of -$1.26M in Q1 2026.
How has Workiva's increase (decrease) in operating right-of-use asset changed year-over-year?
Workiva's increase (decrease) in operating right-of-use asset increased by 5.2% year-over-year, from -$1.33M to -$1.26M.
What is the long-term trend for Workiva's increase (decrease) in operating right-of-use asset?
Over 4 years (2021 to 2025), Workiva's increase (decrease) in operating right-of-use asset has grown at a 7.6% compound annual growth rate (CAGR), from -$4.2M to -$5.64M.
What does increase (decrease) in operating right-of-use asset mean?
This reflects the net change in the non-cash asset representing the company's right to use an underlying leased asset over the lease term. It is primarily driven by the recognition of new leases, lease modifications, or the amortization of existing right-of-use assets. This metric is essential for assessing the impact of lease accounting standards on the company's operating cash flow and overall asset base.