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Workiva WK Professional services — Total Revenue

Other product segments

Subscription and support
$225.36M+21.5%

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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 us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.

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 professional services — total revenue?
Workiva (WK) reported professional services — total revenue of $21.95M in Q1 2026.
How has Workiva's professional services — total revenue changed year-over-year?
Workiva's professional services — total revenue increased by 5.7% year-over-year, from $20.77M to $21.95M.
What is the long-term trend for Workiva's professional services — total revenue?
Over 4 years (2021 to 2025), Workiva's professional services — total revenue has grown at a 3.0% compound annual growth rate (CAGR), from $63.95M to $71.94M.
What does professional services — total revenue mean?
This metric represents the total gross revenue generated from professional services, including implementation, training, and consulting engagements. It reflects the company's ability to monetize the deployment and adoption of its core software platform through specialized service offerings.