What is Workiva's total cost of revenue?

Workiva (WK) reported total cost of revenue of $48.55M in Q1 2026.

How has Workiva's total cost of revenue changed year-over-year?

Workiva's total cost of revenue increased by 0.4% year-over-year, from $48.34M to $48.55M.

What is the long-term trend for Workiva's total cost of revenue?

Over 4 years (2021 to 2025), Workiva's total cost of revenue has grown at a 16.4% compound annual growth rate (CAGR), from $103.83M to $190.43M.

What does total cost of revenue mean?

The aggregate of all direct costs attributable to producing goods and delivering services that generated the company's revenue, including materials, labor, and overhead.

Workiva WK Total Cost of Revenue

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——

Segments

By product

See full

Subscription and support$35.18M+3.3%

Professional services$13.36M-6.4%

Other financials

Income statement

See full

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

See full

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

See full

Operating cash flow$26.5M+460%

CapEx$728.0K-4.6%

Free cash flow$25.7M+417%

Valuation

See full

Market cap$2.64B-20.5%

Enterprise value$2.4B-22.1%

P/S2.9×-1.5×

Profitability

See full

Gross margin79.4%+2.7pp

Operating margin-7.5%-1.6pp

Net margin-5.5%-1.0pp

FCF margin18.6%+11.6pp

Returns & leverage

See full

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:CostOfGoodsAndServicesSold.

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 total cost of revenue?: Workiva (WK) reported total cost of revenue of $48.55M in Q1 2026.
How has Workiva's total cost of revenue changed year-over-year?: Workiva's total cost of revenue increased by 0.4% year-over-year, from $48.34M to $48.55M.
What is the long-term trend for Workiva's total cost of revenue?: Over 4 years (2021 to 2025), Workiva's total cost of revenue has grown at a 16.4% compound annual growth rate (CAGR), from $103.83M to $190.43M.
What does total cost of revenue mean?: The aggregate of all direct costs attributable to producing goods and delivering services that generated the company's revenue, including materials, labor, and overhead.