Here’s What Led Workiva (WK) Stock’s 10% Decline in Q2

Group 1 - TimesSquare Capital Management reported a gross return of 11.28% and a net return of 11.02% for its "U.S. Small Cap Growth Strategy" in Q2 2025, compared to the Russell 2000 Growth Index return of 11.97% [1] - The fund's performance was driven by double-digit returns in equities as global economic activity improved [1] - Workiva Inc. (NYSE:WK) was highlighted as a key stock, with a one-month return of 4.94% and a 52-week gain of 4.96%, closing at $78.44 per share with a market capitalization of $4.394 billion on September 11, 2025 [2] Group 2 - Workiva Inc. is recognized for its cloud-based compliance and regulatory reporting solutions, with Q2 2025 revenue reaching $215 million, a 21% increase from Q2 2024 [4] - The company maintained its full-year revenue guidance, indicating ongoing momentum in multi-solution platform deals, although management noted potential impacts on new business bookings due to a less favorable buying environment, which led to a 10% decline in stock price [3] - Workiva Inc. was held by 30 hedge fund portfolios at the end of Q2 2025, down from 35 in the previous quarter, suggesting a decrease in popularity among hedge funds [4]