WORKIVA INC Income Statement
WK / Information Technology|14 years of annual SEC 10-K data (FY2012-FY2025)
Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 14 fiscal years. All figures from audited SEC 10-K filings.
WORKIVA INC reported $885M in revenue and $26M in net loss for FY2025. Revenue has grown at a 24.2% compound annual rate over the past 13 years.
Based on SEC 10-K filings.
Key Data Points
- Altman Z-Score NaN (distress zone, below 1.23 threshold)
- Negative shareholders equity: Liabilities exceed assets
- Currently unprofitable: Net income is negative
- Cash-backed earnings: Operating cash flow exceeds net income
Data sourced from SEC EDGAR filings. Not investment advice.
| Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $884.6M | $738.7M | $630.0M | $537.9M | $443.3M | $351.6M | $297.9M | $244.3M | $207.9M | $178.6M | $145.3M | $112.7M | $85.2M | $52.9M |
| Cost of Revenue | $190.4M | $172.1M | $154.2M | $129.9M | $103.8M | $90.2M | $85.0M | $65.9M | $60.2M | $51.6M | - | - | - | - |
| Gross Profit | $694.1M | $566.6M | $475.8M | $408.0M | $339.5M | $261.4M | $212.9M | $178.5M | $147.6M | $127.0M | $105.1M | $78.8M | $60.5M | $33.9M |
| SG&A Expense | $112.9M | $103.0M | $110.5M | $99.8M | $74.3M | $59.7M | $48.1M | $56.3M | $39.6M | $32.7M | $28.7M | $19.8M | $14.6M | $16.2M |
| R&D Expense | $214.8M | $192.9M | $172.8M | $151.7M | $115.7M | $94.8M | $89.9M | $81.6M | $68.2M | $57.4M | $50.5M | $44.1M | $34.1M | $18.4M |
| Operating Income | -$42.4M | -$76.5M | -$94.5M | -$88.8M | -$29.4M | -$37.8M | -$45.4M | -$49.8M | -$44.3M | -$43.6M | -$43.7M | -$38.6M | -$29.3M | -$28.2M |
| Interest Expense | $12.0M | $12.0M | $7.7M | $5.2M | $14.0M | $14.0M | $6.0M | $1.8M | $1.8M | $1.9M | $2.0M | $2.0M | $366.0K | $1.5M |
| Income Tax | $3.8M | $5.6M | $3.4M | $1.9M | -$1.4M | -$291.0K | $139.0K | $247.0K | $61.0K | $24.0K | -$7.0K | $32.0K | $0 | $0 |
| Net Income | -$26.2M | -$55.0M | -$127.5M | -$90.9M | -$37.7M | -$48.4M | -$47.5M | -$50.1M | -$44.4M | -$44.0M | -$43.4M | -$35.2M | -$29.5M | -$30.6M |
| EPS (Basic) | -$0.47 | -$0.99 | -$2.36 | -$1.72 | -$0.74 | -$1.00 | -$1.03 | - | - | - | - | - | - | - |
| EPS (Diluted) | -$0.47 | -$0.99 | -$2.36 | -$1.72 | -$0.74 | -$1.00 | -$1.03 | - | - | - | - | - | - | - |
| Shares Outstanding | 56.3M | 55.4M | 54.1M | 53.0M | 51.1M | 48.4M | 46.3M | 43.6M | 41.6M | 40.7M | 39.9M | 32.2M | 31.4M | 26.4M |
| Gross Margin | 78.5% | 76.7% | 75.5% | 75.9% | 76.6% | 74.4% | 71.5% | 73.0% | 71.0% | 71.1% | 72.3% | 69.9% | 71.1% | 64.0% |
| Operating Margin | -4.8% | -10.4% | -15.0% | -16.5% | -6.6% | -10.8% | -15.2% | -20.4% | -21.3% | -24.4% | -30.1% | -34.3% | -34.4% | -53.3% |
| Profit Margin | -3.0% | -7.4% | -20.2% | -16.9% | -8.5% | -13.8% | -15.9% | -20.5% | -21.4% | -24.6% | -29.9% | -31.3% | -34.7% | -57.8% |