UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ___________________________________ FORM 10-Q ___________________________________ (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2025 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For transition period from to Commission File Number 001-36773 WORKIVA INC. (Exact name of registrant as specified in ...

Workiva Inc. Announces First Quarter 2025 Financial Results NEW YORK - May 1, 2025 – Workiva Inc. (NYSE:WK), the platform that powers transparency, accountability, and trust, today announced financial results for its first quarter ended March 31, 2025. "We kicked off the year with solid revenue growth as we continue to see broad-based demand across our solution portfolio. CFOs trust Workiva to be the platform that drives performance and productivity," said Julie Iskow, President & Chief Executive Officer. " ...

Workiva (WK) is set to play a key role in the U.S. federal government’s financial modernization efforts. The company is the only financial reporting and Governance, Risk, and Compliance platform sanctioned by the United States.Under a new executive order, all federal agencies are required to consolidate their core financial systems within 180 days of March 25, 2025. The directive aims to boost transparency, reduce fraud and enhance reporting efficiency using solutions approved by the FM QSMO. To comply with ...

Core Insights - Kaskela Law LLC is investigating Workiva Inc. on behalf of long-term investors due to a significant decline in the company's stock price [1][2] - Since January 2025, Workiva's stock has dropped over 38%, from above $113.00 per share to below $70.00 per share [2] Investigation Details - The investigation aims to determine if Workiva and its officers and directors violated securities laws or breached fiduciary duties to investors related to recent corporate actions [2] - Shareholders are encouraged to contact Kaskela Law LLC for information regarding their legal rights and options [3]

Over the past month, the market has been driven primarily by fear. Investors rushed out of stocks and clamored to buy international stocks and gold as a bulwark against President Trump's rising trade war. And while I agree with the diversification moves, I alsoWith combined experience of covering technology companies on Wall Street and working in Silicon Valley, and serving as an outside adviser to several seed-round startups, Gary Alexander has exposure to many of the themes shaping the industry today. He ...

Core Viewpoint - Workiva has reported strong financial results for Q4 2024, showcasing accelerating revenue growth and a positive outlook from analysts, despite its stock being significantly below its all-time high [2][3][14] Financial Performance - Workiva generated $199.9 million in total revenue during Q4 2024, representing a 20% increase year-over-year, marking the second consecutive quarter of accelerating growth [9] - The company's net revenue retention rate increased by 2 percentage points to 112%, with 70% of customers now using at least two products, up from 64% a year ago [10] - Workiva ended Q4 with 6,305 total customers, a 4.3% year-over-year increase, with significant growth in customers with higher annual contract values [11] - The company reported a net loss of $55 million for 2024, a 56% reduction from the $127.5 million loss in 2023, indicating improved expense management [11] - On a non-GAAP basis, Workiva was profitable in 2024, with a profit of $53.5 million, a positive shift from a $22.8 million loss in 2023 [12] Market Opportunity - Workiva is addressing a significant opportunity in the ESG reporting space, which could be worth nearly $15 billion annually according to PwC [7] - The company values its total addressable market at $35 billion across various reporting and compliance areas, while its current market capitalization is less than $5 billion, indicating substantial growth potential [14] Analyst Sentiment - The Wall Street Journal reports that 11 analysts cover Workiva stock, with 8 assigning the highest buy rating and an average price target of $119.78, suggesting a potential 39% increase over the next 12 to 18 months [13] - The highest target of $132 implies a possible 52% increase, reflecting strong bullish sentiment among analysts [13]

Workiva (WK 5.41%) stock is posting big gains in Wednesday's trading. The company's share price was up 5.5% as of 3:25 p.m. ET and had been up as much as 9.3% earlier in the day's trading.Workiva's valuation is climbing higher following the company's recent fourth-quarter report. The software specialist published its Q4 results before the market opened this morning, posting sales that came in ahead of the market's expectations.Workiva stock jumps on strong Q4 reportFor the fourth quarter, Workiva posted non ...

Financial Data and Key Metrics Changes - In Q4 2024, total revenue reached $200 million, representing a 20% increase compared to Q4 2023, while subscription revenue grew by 22% to $181 million [10][64] - For the full year 2024, total revenue was $739 million, up 17% from 2023, with subscription revenue at $668 million, a 20% increase [70] - Non-GAAP operating margin improved to 4.3% for the full year, up from 1.6% in 2023, and Q4 operating margin was 7.4% [11][72] - Free cash flow margin for 2024 was 11.7%, exceeding guidance by 170 basis points [11][73] Business Line Data and Key Metrics Changes - Subscription revenue growth was driven by both new customers and account expansions, with new customers contributing 42% to the Q4 subscription revenue increase [65] - The number of contracts valued over $100,000 increased by 26% year-over-year, with contracts over $300,000 and $500,000 growing by 34% and 32%, respectively [69] - Professional services revenue for Q4 was $19 million, slightly up from Q4 2023, driven by higher XBRL services [65] Market Data and Key Metrics Changes - 17.5% of total worldwide revenue in 2024 came from outside the Americas, an increase of 280 basis points from 2023 [15] - The sustainability market is expected to grow, with companies increasingly investing in sustainability reporting to meet regulatory demands [22][41] Company Strategy and Development Direction - The company is focused on broad-based demand across its platform, emphasizing multi-solution deals and vendor consolidation [14][88] - Workiva aims to leverage its Assured Integrated Reporting platform, which integrates financial reporting, sustainability, and governance risk and compliance [16][62] - The company is prioritizing AI capabilities to enhance customer workflows and streamline processes [55][58] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's performance despite macroeconomic uncertainties, including policy and geopolitical risks [61][84] - The guidance for 2025 includes a 20% growth in subscription revenue, reflecting a balanced approach to market conditions [61][92] Other Important Information - The company has seen a significant increase in demand for its sustainability solutions, with a notable rise in companies committing to science-based targets [33][41] - Workiva's platform is recognized for its ability to address both financial and non-financial reporting needs, which is becoming increasingly important in the current regulatory environment [30][41] Q&A Session Summary Question: What are the main policy uncertainties affecting guidance? - Management indicated that general uncertainty, including tariffs and exchange rates, is influencing the guidance, rather than any single factor [82][84] Question: How does the multiproduct strategy impact the pipeline? - The multiproduct strategy is seen as a significant differentiator, with broad-based demand across the platform and opportunities for cross-selling and upselling [86][88] Question: What is the outlook for sustainability revenue? - Sustainability revenue continues to be a top booking solution, expected to play a balanced role in 2025, although specific revenue splits are not provided [94][95] Question: How is the shift to partner-led services impacting deployment speed? - The company is seeing improved deployment speed and customer satisfaction as partners develop tools and capabilities around the platform [101][102] Question: Is there a risk of deferring sustainability projects? - Management has not observed any trends indicating that customers are deferring sustainability-related projects [108][109] Question: How is back-office digitization impacting demand? - There is strong demand for the platform driven by new ERP systems and upgrades, with significant opportunities arising from finance transformations [118][120] Question: What is the contribution of CSRD to growth in Europe? - Growth in Europe is attributed to broad-based demand across the portfolio, not solely driven by CSRD-related activities [123][124]

Workiva (WK) reported $199.89 million in revenue for the quarter ended December 2024, representing a year-over-year increase of 20%. EPS of $0.33 for the same period compares to $0.30 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $195.27 million, representing a surprise of +2.37%. The company has not delivered EPS surprise, with the consensus EPS estimate being $0.33.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street exp ...

Workiva (WK) came out with quarterly earnings of $0.33 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.30 per share a year ago. These figures are adjusted for non-recurring items.A quarter ago, it was expected that this maker of software for managing regulatory filings would post earnings of $0.23 per share when it actually produced earnings of $0.21, delivering a surprise of -8.70%.Over the last four quarters, the company has surpassed consensus EPS estimates just once ...