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Workiva WK Professional services — Share-based compensation expense

Other product segments

Subscription and support
$2.85M+17.1%

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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:AllocatedShareBasedCompensationExpense.

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 itemThree months ended March 31, 2026Three months ended March 31, 2025
Cost of revenue
Subscription and support$2,848$2,433
Professional services1,189996
Operating expenses
Research and development6,4016,050
Sales and marketing9,8479,751
General and administrative8,3228,658
Total$28,607$27,888

Item 1. Unaudited Consolidated Financial Statements:

FAQ

What is Workiva's professional services — share-based compensation expense?
Workiva (WK) reported professional services — share-based compensation expense of $1.19M in Q1 2026.
How has Workiva's professional services — share-based compensation expense changed year-over-year?
Workiva's professional services — share-based compensation expense increased by 19.4% year-over-year, from $996K to $1.19M.
What is the long-term trend for Workiva's professional services — share-based compensation expense?
Over 4 years (2021 to 2025), Workiva's professional services — share-based compensation expense has grown at a 25.3% compound annual growth rate (CAGR), from $1.73M to $4.26M.
What does professional services — share-based compensation expense mean?
This metric measures the non-cash expense recognized for equity-based awards granted to employees directly involved in the professional services segment. It provides insight into the true cost of human capital and the alignment of incentives for the service delivery team within the broader compensation structure.

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