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Workiva WK Subscription and support — Share-based compensation expense

Other product segments

Professional services
$1.19M+19.4%

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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 subscription and support — share-based compensation expense?
Workiva (WK) reported subscription and support — share-based compensation expense of $2.85M in Q1 2026.
How has Workiva's subscription and support — share-based compensation expense changed year-over-year?
Workiva's subscription and support — share-based compensation expense increased by 17.1% year-over-year, from $2.43M to $2.85M.
What is the long-term trend for Workiva's subscription and support — share-based compensation expense?
Over 4 years (2021 to 2025), Workiva's subscription and support — share-based compensation expense has grown at a 37.6% compound annual growth rate (CAGR), from $2.87M to $10.27M.
What does subscription and support — share-based compensation expense mean?
This metric represents the portion of total share-based compensation expense allocated specifically to the subscription and support segment. It reflects the non-cash cost of equity-based incentives provided to employees directly involved in the development, maintenance, and support of the platform. Investors use this to evaluate the true economic cost of human capital within the segment and to understand the impact of stock-based dilution on profitability.

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