Workiva Inc. (WK) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 247.31M | 238.94M | 224.17M | 215.19M | 206.28M | 199.89M | 185.62M | 177.5M | 175.67M | 166.65M | 158.18M | 155.02M | 150.19M | 143.8M | 132.85M | 131.55M | 129.67M | 120.78M | 112.69M | 105.59M |
| Revenue Growth % | 19.89% | 19.53% | 20.77% | 21.23% | 17.43% | 19.94% | 17.35% | 14.5% | 16.96% | 15.89% | 19.06% | 17.84% | 15.82% | 19.06% | 17.89% | 24.59% | 24.42% | 28.72% | 27.92% | 25.91% |
| Cost of Goods Sold | 48.55M | 46.17M | 46.38M | 49.54M | 48.34M | 45.69M | 43.67M | 41.17M | 41.52M | 37.84M | 38.35M | 39.5M | 38.52M | 34.36M | 32.42M | 32.24M | 30.87M | 29.16M | 26.41M | 24.59M |
| COGS % of Revenue | 19.63% | 19.32% | 20.69% | 23.02% | 23.44% | 22.86% | 23.53% | 23.2% | 23.64% | 22.71% | 24.25% | 25.48% | 25.65% | 23.89% | 24.4% | 24.51% | 23.81% | 24.14% | 23.43% | 23.29% |
| Gross Profit | 198.76M | 192.77M | 177.79M | 165.64M | 157.94M | 154.2M | 141.95M | 136.33M | 134.14M | 128.81M | 119.82M | 115.52M | 111.67M | 109.45M | 100.43M | 99.31M | 98.8M | 91.62M | 86.29M | 81M |
| Gross Margin % | 80.37% | 80.68% | 79.31% | 76.98% | 76.56% | 77.14% | 76.47% | 76.8% | 76.36% | 77.29% | 75.75% | 74.52% | 74.35% | 76.11% | 75.6% | 75.49% | 76.19% | 75.86% | 76.57% | 76.71% |
| Gross Profit Growth % | 25.85% | 25.01% | 25.25% | 21.5% | 17.74% | 19.71% | 18.47% | 18.02% | 20.12% | 17.69% | 19.31% | 16.32% | 13.03% | 19.45% | 16.39% | 22.61% | 22.66% | 30.55% | 30.32% | 31.45% |
| Operating Expenses | 183.44M | 184.91M | 181.19M | 187.79M | 182.69M | 167.52M | 163.73M | 159.48M | 152.43M | 138.28M | 135.34M | 138.21M | 158.51M | 122.72M | 130.55M | 127.5M | 115.98M | 103.12M | 94.26M | 86.74M |
| OpEx % of Revenue | 74.18% | 77.39% | 80.83% | 87.27% | 88.56% | 83.81% | 88.21% | 89.85% | 86.77% | 82.98% | 85.57% | 89.15% | 105.54% | 85.34% | 98.27% | 96.93% | 89.44% | 85.38% | 83.64% | 82.15% |
| Selling, General & Admin | 130.53M | 130.09M | 129.79M | 132.95M | 128.91M | 116.91M | 115.31M | 111.07M | 106.93M | 95.73M | 93.6M | 95.51M | 112.72M | 84.65M | 91.97M | 88.33M | 80.09M | 71.69M | 64.42M | 58.91M |
| SG&A % of Revenue | 52.78% | 54.45% | 57.9% | 61.78% | 62.49% | 58.49% | 62.12% | 62.57% | 60.87% | 57.44% | 59.17% | 61.61% | 75.05% | 58.87% | 69.23% | 67.14% | 61.77% | 59.36% | 57.16% | 55.79% |
| Research & Development | 52.91M | 54.82M | 51.4M | 54.84M | 53.78M | 50.61M | 48.42M | 48.41M | 45.49M | 42.55M | 41.75M | 42.7M | 45.79M | 38.07M | 38.58M | 39.18M | 35.88M | 31.43M | 29.84M | 27.83M |
| R&D % of Revenue | 21.4% | 22.94% | 22.93% | 25.49% | 26.07% | 25.32% | 26.09% | 27.27% | 25.9% | 25.54% | 26.39% | 27.54% | 30.49% | 26.48% | 29.04% | 29.78% | 27.67% | 26.02% | 26.48% | 26.36% |
| Other Operating Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Income | 15.32M | 7.86M | -3.4M | -22.15M | -24.75M | -13.32M | -21.78M | -23.15M | -18.28M | -9.47M | -15.53M | -22.69M | -46.84M | -13.28M | -30.12M | -28.19M | -17.18M | -11.5M | -7.97M | -5.74M |
| Operating Margin % | 6.2% | 3.29% | -1.52% | -10.29% | -12% | -6.66% | -11.73% | -13.04% | -10.41% | -5.68% | -9.82% | -14.64% | -31.19% | -9.23% | -22.67% | -21.43% | -13.25% | -9.52% | -7.07% | -5.44% |
| Operating Income Growth % | 161.9% | 159.01% | 84.37% | 4.33% | -35.37% | -40.61% | -40.3% | -2.03% | 60.97% | 28.65% | 48.45% | 19.52% | -172.7% | -15.46% | -277.94% | -390.89% | -314.5% | -134.58% | -15.96% | 65.64% |
| EBITDA | 15.32M | 10.32M | -718K | -19.2M | -26.87M | -10.41M | -18.78M | -20.59M | -15.76M | -6.69M | -12.84M | -19.82M | -44.04M | -10.43M | -27.44M | -25.47M | -15.22M | -9.84M | -6.54M | -4.65M |
| EBITDA Margin % | 6.2% | 4.32% | -0.32% | -8.92% | -13.03% | -5.21% | -10.12% | -11.6% | -8.97% | -4.01% | -8.12% | -12.79% | -29.32% | -7.25% | -20.65% | -19.36% | -11.74% | -8.14% | -5.8% | -4.4% |
| EBITDA Growth % | 157.01% | 199.15% | 96.18% | 6.74% | -70.51% | -55.68% | -46.24% | -3.85% | 64.21% | 35.9% | 53.21% | 22.17% | -189.4% | -6.05% | -319.53% | -448.15% | -392.49% | -143.5% | -12.91% | 70.34% |
| D&A (Non-Cash Add-back) | 0 | 2.46M | 2.69M | 2.95M | -2.12M | 2.91M | 3.01M | 2.56M | 2.52M | 2.79M | 2.69M | 2.87M | 2.8M | 2.85M | 2.68M | 2.73M | 1.96M | 1.66M | 1.43M | 1.1M |
| EBIT | 15.32M | 15.78M | 5.36M | -14.54M | -22.63M | -3.14M | -12.83M | -12.86M | -7.74M | 499K | -8.3M | -18.59M | -44.06M | -11.26M | -27.71M | -26.92M | -17.06M | -11.33M | -3.94M | -5.64M |
| Net Interest Income | 0 | 5.43M | 5.25M | 5.15M | 5.55M | 6.11M | 6.1M | 7.1M | 7.22M | 7.13M | -40.14M | 3.04M | 2.22M | 1.05M | -70K | -907K | -1.24M | -3.31M | -3.29M | -3.25M |
| Interest Income | 8.1M | 8.62M | 8.44M | 8.34M | 8.75M | 9.31M | 9.3M | 10.34M | 10.46M | 10.34M | 7.29M | 4.54M | 3.72M | 2.56M | 1.44M | 605K | 280K | 207K | 219K | 255K |
| Interest Expense | -3.19M | 3.19M | 3.19M | 3.19M | 3.19M | 3.2M | 3.2M | 3.24M | 3.23M | 3.2M | 47.44M | 1.5M | 1.5M | 1.5M | 1.51M | 1.51M | 1.52M | 3.52M | 3.51M | 3.5M |
| Other Income/Expense | 5.31M | 4.73M | 5.57M | 4.41M | 5.32M | 6.98M | 5.75M | 7.05M | 7.31M | 6.77M | -40.21M | 2.6M | 1.28M | 512K | 894K | -239K | -1.4M | -3.35M | 516K | -3.4M |
| Pretax Income | 20.63M | 12.59M | 2.16M | -17.73M | -19.43M | -6.34M | -16.03M | -16.09M | -10.97M | -2.7M | -55.74M | -20.09M | -45.56M | -12.77M | -29.22M | -28.43M | -18.58M | -14.85M | -7.45M | -9.15M |
| Pretax Margin % | 8.34% | 5.27% | 0.96% | -8.24% | -9.42% | -3.17% | -8.64% | -9.07% | -6.25% | -1.62% | -35.24% | -12.96% | -30.34% | -8.88% | -22% | -21.61% | -14.33% | -12.29% | -6.61% | -8.66% |
| Income Tax | 1.63M | 772K | -626K | 1.67M | 1.94M | 2.48M | 959K | 1.45M | 713K | 1.49M | 530K | 819K | 585K | 1.14M | 467K | 430K | -87K | -524K | -885K | 368K |
| Effective Tax Rate % | 7.91% | 6.13% | -28.98% | -9.41% | -9.98% | -39.06% | -5.98% | -9.03% | -6.5% | -55.23% | -0.95% | -4.08% | -1.28% | -8.91% | -1.6% | -1.51% | 0.47% | 3.53% | 11.87% | -4.02% |
| Net Income | 19M | 11.82M | 2.79M | -19.4M | -21.37M | -8.81M | -16.99M | -17.55M | -11.69M | -4.2M | -56.27M | -20.91M | -46.15M | -13.9M | -29.69M | -28.86M | -18.49M | -14.32M | -6.57M | -9.51M |
| Net Margin % | 7.68% | 4.95% | 1.24% | -9.02% | -10.36% | -4.41% | -9.15% | -9.89% | -6.65% | -2.52% | -35.57% | -13.49% | -30.73% | -9.67% | -22.35% | -21.94% | -14.26% | -11.86% | -5.83% | -9.01% |
| Net Income Growth % | 188.89% | 234.04% | 116.4% | -10.55% | -82.86% | -110.08% | 69.8% | 16.08% | 74.68% | 69.82% | -89.52% | 27.55% | -149.55% | 2.95% | -352.06% | -203.35% | -152.5% | -89.65% | 36.57% | 51.49% |
| Net Income (Continuing) | 19M | 11.82M | 2.79M | -19.4M | -21.37M | -8.81M | -16.99M | -17.55M | -11.69M | -4.2M | -56.27M | -20.91M | -46.15M | -13.9M | -29.69M | -28.86M | -18.49M | -14.32M | -6.57M | -9.51M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 0.33 | 0.20 | 0.05 | -0.35 | -0.38 | -0.16 | -0.31 | -0.32 | -0.21 | -0.08 | -1.04 | -0.39 | -0.86 | -0.26 | -0.56 | -0.55 | -0.35 | -0.28 | -0.13 | -0.19 |
| EPS Growth % | 186.84% | 225% | 116.13% | -9.38% | -80.95% | -107.52% | 70.19% | 17.95% | 75.58% | 70.35% | -85.71% | 29.09% | -145.71% | 7.14% | -330.77% | -189.47% | -133.33% | -75% | 38.1% | 53.66% |
| EPS (Basic) | 0.33 | 0.21 | 0.05 | -0.35 | -0.38 | -0.16 | -0.31 | -0.32 | -0.21 | -0.08 | -1.04 | -0.39 | -0.86 | -0.26 | -0.56 | -0.55 | -0.35 | -0.28 | -0.13 | -0.19 |
| Diluted Shares Outstanding | 58.44M | 57.9M | 58.18M | 56.16M | 56.16M | 55.74M | 55.58M | 55.18M | 54.92M | 54.43M | 54.26M | 54.01M | 53.69M | 53.28M | 53.08M | 52.85M | 52.6M | 51.73M | 51.44M | 51.07M |
| Basic Shares Outstanding | 56.89M | 56.5M | 56.35M | 56.16M | 56.16M | 55.74M | 55.58M | 55.18M | 54.92M | 54.43M | 54.26M | 54.01M | 53.69M | 53.28M | 53.08M | 52.85M | 52.6M | 51.73M | 51.44M | 51.07M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |