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Workiva WK Operating margin

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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
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

Calculated from Workiva’s reported figures.

Based on trailing twelve months.

The official record: Workiva’s 10-Q, filed November 5, 2025, on SEC EDGAR. View the filing →

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Questions, answered.

What is Workiva's operating margin?
Workiva (WK) reported operating margin of -7.5% in Q3 2025.
How has Workiva's operating margin changed year-over-year?
Workiva's operating margin increased by 27.0% year-over-year, from -10.3% to -7.5%.
What is the long-term trend for Workiva's operating margin?
Over 4 years (2020 to 2024), Workiva's operating margin has grown at a -0.9% compound annual growth rate (CAGR), from -10.8% to -10.4%.
What does operating margin mean?
Operating income as a percentage of revenue (trailing twelve months). Captures profitability from core operations after both cost of revenue and operating expenses, but before interest and taxes.