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Workiva WK Operating Lease Liabilities

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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$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:OperatingLeaseLiabilityNoncurrent.

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 itemAs of March 31, 2026As of December 31, 2025
Convertible senior notes, non-current696,807696,263
Deferred revenue, non-current35,00137,305
Other long-term liabilities10292
Operating lease liabilities, non-current6,96510,472
Finance lease obligations, non-current13,06413,223
Total liabilities1,437,9931,499,007
Stockholders’ deficit
Class A common stock, $0.001 par value per share, 1,000,000,000 shares authorized, 52,798,288 and 52,712,836 shares issued and outstanding at March 31, 2026 and December 31, 2025, respectively5353

Item 1. Unaudited Consolidated Financial Statements:

FAQ

What is Workiva's operating lease liabilities?
Workiva (WK) reported operating lease liabilities of $6.97M in Q1 2026.
How has Workiva's operating lease liabilities changed year-over-year?
Workiva's operating lease liabilities decreased by 29.3% year-over-year, from $9.85M to $6.97M.
What is the long-term trend for Workiva's operating lease liabilities?
Over 5 years (2020 to 2025), Workiva's operating lease liabilities has grown at a -9.5% compound annual growth rate (CAGR), from $17.21M to $10.47M.
What does operating lease liabilities mean?
Long-term portion of operating lease obligations extending beyond one year, representing committed future rent payments.

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