Nearly 80% of employees admit to using unapproved AI tools, exposing businesses to risk and wasted ROISAN FRANCISCO, Aug. 27, 2025 (GLOBE NEWSWIRE) -- The AI revolution is well underway in the workplace, but a new survey from WalkMe, an SAP company and pioneer of the Digital Adoption Platform (DAP) category, reveals that employees are being left to navigate it on their own. The company’s second annual “AI in the Workplace Survey” finds that while workers are eager, most lack the support needed to use AI res ...

AI investment booms with major gap between AI ambitions and employee readinessSAN FRANCISCO, Feb. 25, 2025 (GLOBE NEWSWIRE) -- WalkMe, the leader of the Digital Adoption Platform (DAP) category for effectively navigating technology change, today released its annual report, The State of Digital Adoption 2025, Special AI Edition. This year’s report focuses on AI adoption in the enterprise and highlights an alarming disconnect – while 79% of executives express confidence in meeting their AI transformation goal ...

SAN FRANCISCO, Nov. 26, 2024 (GLOBE NEWSWIRE) -- WalkMe, the leader of the Digital Adoption Platform (DAP) category for effectively navigating technology change, today announced it was recognized as a leader in The Forrester Wave™: Digital Adoption Platforms (DAP), 2024. The recognition validates WalkMe's AI-first approach, which is further strengthened by its fall '24 product release introducing enhanced enterprise-grade AI capabilities and scalability features. "WalkMe is the category builder for DAPs," t ...

SAN FRANCISCO, July 25, 2024 (GLOBE NEWSWIRE) -- WalkMe (NASDAQ: WKME), a leading provider of digital adoption solutions for effectively navigating technology change, today announced the results of its annual DAP Professionals Survey. The survey results highlighted the pivotal role DAP professionals play in driving innovation and transformation, notably in regard to integrating AI into daily workflows. "As organizations face an imperative to tap into generative AI technologies, DAP professionals play a vita ...

SAN FRANCISCO, July 25, 2024 (GLOBE NEWSWIRE) -- WalkMe (NASDAQ: WKME), a leading provider of digital adoption solutions for effectively navigating technology change, today announced the results of its annual DAP Professionals Survey. The survey results highlighted the pivotal role DAP professionals play in driving innovation and transformation, notably in regard to integrating AI into daily workflows. Key Survey Highlights Widespread AI Adoption: Nearly 60% of DAP professionals are utilizing AI products or ...

The WalkMe Realizer Awards recognize companies and individuals driving successful change around technology. These changemakers realize the full potential of technology to deliver business value in their respective spaces. The breadth of innovation across the submissions was noteworthy and underscores the many different ways WalkMe can be used to drive success across industries and use cases. Customer submissions, available here, highlighted notable improvements in employee productivity, streamlined workflow ...

SAN FRANCISCO, July 02, 2024 (GLOBE NEWSWIRE) -- WalkMe (NASDAQ: WKME), a leading provider of digital adoption solutions for effectively navigating technology change, today announced the winners of its annual Realizer Awards. Revealed on June 18 at Realize, WalkMe's flagship event, these outstanding winners showcased remarkable achievements driving business results with digital adoption strategies and WalkMe technology. The WalkMe Realizer Awards recognize companies and individuals driving successful change ...

Exhibit 99.1 WalkMe Ltd. Announces First Quarter 2024 Financial Results SAN FRANCISCO, May 22, 2024 -- WalkMe Ltd. (NASDAQ:WKME), a leading provider of digital adoption solutions for effectively navigating technology change, today announced financial results for its first quarter ended March 31, 2024. Management Commentary "Q1 has been a great kickoff as we turn the corner on growth with a focus on doubling our net new ARR in 2024," said Dan Adika, CEO of WalkMe. "GenAI has created a huge opportunity for Wa ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 20-F (Mark One) ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR SECTION 12(g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to OR ☐ SHELL COMPANY REPORT PURSUANT TO SECTION 13 O ...

Financial Performance - WalkMe generated $11.5 million in free cash flow (FCF) with a 4% margin in 2023, a significant improvement from a cash burn of $53.9 million and (22%) margin in 2022[6]. - Subscription revenue reached $248 million in 2023, marking a 12% year-over-year increase, while total revenue was $267 million, up 9% year-over-year[7]. - Non-GAAP operating income for Q4 2023 was $4.8 million, or 7% of total revenue, compared to a loss of ($10.5 million) or (16%) in Q4 2022[10]. - The company reported a non-GAAP net income per share of $0.04 for 2023, compared to a loss of ($0.66) in 2022[6]. - Total revenues for Q4 2023 reached $67.889 million, a 4% increase from $64.863 million in Q4 2022[29]. - Subscription revenues increased to $63.351 million, up 8% from $58.702 million year-over-year[29]. - Gross profit for the year ended December 31, 2023, was $222.581 million, compared to $191.122 million in 2022, reflecting a 16% increase[29]. - Operating loss for Q4 2023 was $11.694 million, an improvement from a loss of $22.551 million in Q4 2022[29]. - Net loss attributable to WalkMe Ltd. for the year was $59.136 million, compared to $92.628 million in 2022, indicating a 36% reduction in losses[29]. - WalkMe Ltd. reported a net loss of $9,747,000 for Q4 2023, a significant improvement compared to a net loss of $21,328,000 in Q4 2022[32]. - The company’s total revenue for the year ended December 31, 2023, was $222,581,000, an increase from $191,122,000 in 2022[33]. - The company’s non-GAAP net income for Q4 2023 was $6,838,000, compared to a loss of $8,888,000 in Q4 2022[33]. Cash and Liquidity - Cash, cash equivalents, short-term deposits, and marketable securities totaled $321.8 million as of December 31, 2023[10]. - Cash and cash equivalents increased to $177.223 million as of December 31, 2023, up from $94.105 million in 2022[31]. - Operating cash flow for Q4 2023 was $9,156,000, a turnaround from an outflow of $8,799,000 in Q4 2022[35]. - Free cash flow for Q4 2023 was $8,355,000, compared to a negative free cash flow of $10,189,000 in Q4 2022[35]. - The company reported a total cash, cash equivalents, and restricted cash balance of $177,223,000 at the end of Q4 2023, up from $94,428,000 at the end of Q4 2022[32]. Revenue and Customer Growth - The company ended 2023 with an annual recurring revenue (ARR) of $276 million, a 5% increase year-over-year, with 96% of ARR from customers with over 500 employees[10]. - The number of Digital Adoption Platform (DAP) customers grew by 15% year-over-year, reaching 199 by the end of 2023, with ARR from DAP customers representing 53% of total ARR[10]. - WalkMe expects Q1 2024 revenue to be between $67.6 million and $68.6 million, and full-year 2024 revenue to be between $279 million and $283 million[15]. Operational Efficiency - WalkMe's gross margin improved to 83% in 2023 from 78% in 2022, while non-GAAP gross margin increased to 85% from 80%[7]. - Research and development expenses for the year were $55.107 million, down from $59.468 million in 2022[29]. - WalkMe Ltd. incurred share-based compensation expenses of $13,498,000 in Q4 2023, compared to $11,996,000 in Q4 2022[33]. Strategic Initiatives - WalkMe launched Workflow Accelerators, predefined solutions for key enterprise workflows, aimed at driving measurable business outcomes[10]. - WalkMe aims to enhance its digital adoption platform and expand its market presence amid increasing competition and evolving market conditions[27]. - WalkMe Ltd. plans to continue investing in product development and market expansion to drive future growth[33].