Workiva Inc. (WK) Financials

NYSE:WK

Market Cap

5.75B

Total Revenue

537.88M

Gross Profit

407.99M

Operating Income

-88.76M

Net Income

-90.95M

Metric	2013	2014	2015	2016	2017	2018	2019	2020	2021	2022
revenue	85,151,000	112,694,000	145,272,000	178,646,000	207,869,000	244,344,000	297,891,000	351,594,000	443,285,000	537,875,000
costOfRevenue	24,287,000	33,878,000	40,204,000	51,625,000	60,245,000	65,860,000	85,012,000	90,177,000	103,833,000	129,885,000
grossProfit	60,864,000	78,816,000	105,068,000	127,021,000	147,624,000	178,484,000	212,879,000	261,417,000	339,452,000	407,990,000
researchAndDevelopmentExpenses	33,400,000	44,145,000	50,466,000	57,438,000	68,172,000	81,602,000	89,921,000	94,844,000	115,735,000	151,716,000
sellingAndMarketingExpenses	40,824,000	53,498,000	69,569,000	80,466,000	84,161,000	90,337,000	120,300,000	144,687,000	178,785,000	245,260,000
generalAndAdministrativeExpenses	14,402,000	19,783,000	28,716,000	32,695,000	39,594,000	56,333,000	48,380,000	59,688,000	74,287,000	99,778,000
sellingGeneralAndAdministrativeExpenses	55,226,000	73,281,000	98,285,000	113,161,000	123,755,000	146,670,000	168,680,000	204,375,000	253,072,000	345,038,000
operatingExpenses	88,626,000	117,426,000	148,751,000	170,599,000	191,927,000	228,272,000	258,601,000	299,219,000	368,807,000	496,754,000
operatingIncome	-27,762,000	-38,610,000	-43,683,000	-43,578,000	-44,303,000	-49,788,000	-45,722,000	-37,802,000	-29,355,000	-88,764,000
totalOtherIncomeExpensesNet	-116,000	-468,000	2,302,000	1,500,000	1,783,000	1,791,000	-2,273,000	-10,887,000	-9,745,000	-236,000
ebitda	-25,285,000	-35,201,000	-36,971,000	-38,258,000	-38,974,000	-44,216,000	-37,469,000	-30,429,000	-19,841,000	-72,746,000
depreciationAndAmortization	2,373,000	3,877,000	4,410,000	3,820,000	3,546,000	3,781,000	8,253,000	7,373,000	9,514,000	16,018,000
interestIncome	220,000	73,000	151,000	286,000	586,000	1,278,000	4,657,000	3,282,000	1,041,000	4,880,000
interestExpense	366,000	2,044,000	2,025,000	1,875,000	1,845,000	1,827,000	6,366,000	13,964,000	14,015,000	6,042,000
incomeBeforeTax	-28,024,000	-41,122,000	-43,406,000	-43,953,000	-44,365,000	-49,824,000	-47,995,000	-48,689,000	-39,100,000	-89,000,000
incomeTaxExpense	250,000	32,000	-7,000	24,000	61,000	247,000	139,000	-291,000	-1,370,000	1,947,000
netIncome	-28,024,000	-41,154,000	-43,399,000	-43,977,000	-44,426,000	-50,071,000	-48,134,000	-48,398,000	-37,730,000	-90,947,000
eps	-0.87	-1.28	-1.09	-1.08	-1.07	-1.15	-1.04	-1	-0.74	-1.72
epsdiluted	-0.87	-1.28	-1.09	-1.08	-1.07	-1.15	-1.04	-1	-0.74	-1.72
weightedAverageShsOut	32,203,344	32,156,060	39,852,624	40,671,133	41,618,838	43,640,408	46,302,656	48,448,166	51,126,510	52,954,079
weightedAverageShsOutDil	32,203,344	32,156,060	39,852,624	40,671,133	41,618,838	43,640,408	46,302,656	48,448,166	51,126,510	52,954,079
costAndExpenses	112,913,000	151,304,000	188,955,000	222,224,000	252,172,000	294,132,000	343,613,000	389,396,000	472,640,000	626,639,000
otherExpenses	-116,000	-468,000	2,302,000	1,500,000	1,783,000	1,791,000	-564,000	-205,000	3,229,000	926,000

Key Facts

Industry

Software—Application

Sector

Technology

Headquarters

Ames, IA, US

Website

workiva.com

CEO

Ms. Julie Iskow

Employees

2508

About the Company

Workiva Inc., together with its subsidiaries, provides cloud-based compliance and regulatory reporting solutions worldwide. The company offers Workiva platform that offers controlled collaboration, data linking, data integrations, granular permissions, process management, and full audit trail services; and provides tools that enables customers to connect data from enterprise resource planning, governance risk and compliance, human capital management, and customer relationship management systems, as well as from other third-party cloud and on-premise applications. It serves public and private companies, government agencies, and higher-education institutions. The company was founded in 2008 and is headquartered in Ames, Iowa.