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Workiva Inc.
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$4.3B
Market Cap
—
P/E
1.14
PEG
-6.5%
ROCE
111.1%
ROE
-146.68
D/E
-4.8%
OPM
-17.3%
% from 52W High
77
α RS
🔍 WK is showing a notable setup because RS Rating is 77, an ECS of 57.8 last quarter, and it has maintained a 9-day Stage 2 momentum persistence. The main caution: the Steady Dividend preset's Backtest win rate is only 43.7%. Net: Mixed signal stack, not a recommendation. ? RS Rating ECS Momentum Streaks Backtest
Sources
RS Rating 77 · ECS 57.8 · Stage 2 streak: 9d · Backtest win rate 43.7%
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🌏 Global Investor Returns
Currency-adjusted total returns for WK including FX impact
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📈 Price History
Ratio Health
— Excellent
— Good
— Average
— Poor
By Category
📊 Peer Medians
About

Workiva Inc., together with its subsidiaries, provides cloud-based reporting solutions in the United States and internationally. The company provides Workiva platform, a multi-tenant cloud software that provides data-linking capabilities; audit trail services; administrators access management; and connects and transforms data from various enterprise resource planning, human capital management, and customer relationship management systems, as well as other third-party cloud and on-premise applications. It serves public and private companies, government agencies, and higher-education institutions. Workiva Inc. was founded in 2008 and is headquartered in Ames, Iowa.

Key Ratios Snapshot
📈 Growth Pattern
📊 Quick Scorecard
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⭐ Superinvestors Holding WK
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Manager Shares Value % of Fund Period
Steve Cohen Point72 Asset Management 13.68M $12.8M 0.02% Mar 2026
Jim Simons Renaissance Technologies LLC 209.1K $12.5M 0.02% Mar 2026

SEC Form 13F data. 45-day lag from quarter end.

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📊 MIXED Workiva Q1 2026: Revenue $247M (+20%), sub rev $225M, op margin 18.4%
Revenue & Profitability
Q1 2026 total revenue was $247 million, up 20% year-over-year. Subscription revenue was $225 million, up 21%. Non-GAAP operating margin was 18.4%, beating guidance by 240 bps. Current RPO was $765 million, up 20%. Net retention rate was 112%. Cash and marketable securities were $863 million.
Outlook
Management sees durable demand driven by evolving regulations (ESEF, CSRD, Pillar III) and investor needs for transparency. The SEC's proposal for optional semiannual reporting is viewed as a non-event for Workiva. IPO market is re-accelerating, with a healthy backlog of companies. Macroeconomic and political risks are acknowledged but considered based on current assumptions.
Growth Drivers
Key growth levers include multi-solution platform adoption, large contract growth (over $300K contracts up 38%, over $500K up 39%), and expansion in sustainability, GRC, and financial reporting. Capital Markets and IPOs are accelerating. International deals, especially in Europe, are contributing. New customer additions accounted for 45% of Q1 subscription revenue increase.
Balance Sheet & CapEx
Not discussed in this earnings call.
Margins
Q1 2026 non-GAAP operating margin was 18.4%, a 1,600 bps improvement year-over-year. Full-year 2026 non-GAAP operating margin guidance was raised to 16.0%-16.5% (from 15.0%-15.5%). Q2 margin is expected lower at 14.5%-15.0% due to headcount timing. Free cash flow margin guidance was raised to approximately 20%.
Key Risks
Management flagged regulatory changes (e.g., SEC semiannual reporting proposal) as non-material. Macroeconomic, political, and regulatory uncertainties are mentioned as forward-looking assumptions. Foreign currency fluctuations had a ~2pp favorable impact on reported growth and NRR. The company's high gross retention rate (97%) indicates low churn but concentration risk in large contracts.
Generated by AI · Q1 2026 results · Not investment advice
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✓ 📞 Earnings Call Transcripts (5 quarters) submit a missing quarter
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📞 Earnings Call Transcripts (5)
Q2 2026 Q2 2026 2026-08-04
Q2 2026 saw 19% revenue growth and a 16.8% non-GAAP operating margin, surpassing guidance and achieving the 2027 margin target a year early. Large contract growth, strong customer retention, and rapid AI innovation drove results, with raised full-year guidance and continued share repurchases.
Q1 2026 Q1 2026 2026-05-05
Q1 2026 delivered 20% revenue growth and a 1,600 basis point operating margin improvement, driven by strong demand, large contract growth, and AI-powered innovation. Guidance for 2026 was raised, with continued focus on multi-solution adoption and operational efficiency.
Q4 2025 Q4 2025 2026-02-19
Q4 and full-year 2025 delivered strong revenue and margin growth, with robust customer expansion and accelerating adoption of AI-powered solutions. 2026 guidance projects continued double-digit growth and margin expansion, supported by a healthy backlog, strong vertical performance, and increased capital return to shareholders.
Q3 2025 Q3 2025 2025-11-05
Q3 2025 saw 23% subscription and 21% total revenue growth, beating guidance and driving improved margins. Large contract momentum, strong international growth, and new AI-powered solutions supported raised full-year guidance. Leadership transitions and continued productivity focus position the company for further leverage and expansion.
Q2 2025 Q2 2025 2025-07-31
Q2 2025 saw 21% revenue growth and strong margin expansion, with robust demand across financial reporting, GRC, and sustainability solutions. Guidance for 2025 was raised, reflecting continued operational leverage and broad-based customer adoption, despite moderated sustainability demand.
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📊 Analysis Methodology

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Financial Model
Projections are built from each company's audited annual financials (Income Statement, Balance Sheet, Cash Flow) over the last 5 fiscal years. Forward assumptions — revenue growth %, EBITDA margin, D&A (USD millions), interest expense, tax rate, and capex — are AI-generated using historical context and refreshed twice a year: after the December results season and after the September/Q4 results season.

DCF Valuation
Fair Value = Σ(FCFt / (1+WACC)t) + Terminal Value. Terminal Value uses the Gordon Growth Model: FCF5 × (1+g) / (WACC−g). Default WACC: 10% (US risk-free ~4.5%, equity risk premium ~5.5%). Default terminal growth: 3% (long-run US nominal GDP proxy).

CAGR Tracker
Expected 5-year CAGR = (DCF Fair Value / Current Price)1/5 − 1. Assumes fair value is reached in exactly 5 years — a mechanical estimate only.

Data Sources & Limitations
Financial statements sourced from public filings. Prices updated daily. Forward assumptions are AI-generated. All monetary values in USD millions. Non-US ADR companies may have currency conversion inaccuracies. Models are point-in-time and do not update intra-quarter or account for M&A, macro shocks, or extraordinary items.

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Investment Risk:
Investing in securities, including US equities and ETFs, involves inherent risks including the potential loss of principal. All investments are subject to market fluctuations, economic conditions, regulatory changes, and other factors that may affect their value. Past performance is not indicative of future results. This analysis is provided for informational and educational purposes only and should not be construed as investment advice under any circumstances.

No Investment Recommendation:
This analysis does not constitute, nor should it be interpreted as, an offer, solicitation, or recommendation to buy, sell, or hold any securities or financial products. Investors are strongly advised to conduct their own independent research and due diligence and to consult with a licensed financial advisor or an SEC-registered investment adviser before making any investment decisions, taking into account their individual financial situation, risk tolerance, and investment objectives.

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Conflict of Interest Disclosure:
The author and/or analyst may currently hold or have previously held positions in the securities discussed. Any such positions are not intended to influence the objectivity or independence of the analysis. This research is produced independently and is not sponsored, endorsed, or commissioned by any company or institution.

Information Sources:
The analysis is based on publicly available information including SEC filings (10-K, 10-Q), annual reports, management commentary, and publicly available financial data. Information is believed to be accurate as of the date of publication but may be subject to change without notice. Readers are encouraged to independently verify all information before acting upon it.

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