Company / R&D Expense
WORKIVA INC R&D Expense History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest R&D Expense
$214.8M
FY2025
5-year range
$89.9M / $214.8M
FY2021-FY2025
Trend
+11.4%
vs FY2024
Sector context
#116 of 264
Information Technology
What the data says
At $215M, WORKIVA INC's r&d expense ranks #116 of 264 in the Information Technology sector. R&D Expense has increased for 5 consecutive years, from $82M in FY2020 to $215M in FY2025.
Based on SEC 10-K filings.
$215M in FY2025 with a 5-year CAGR of +21.4%.
Improved from $173M to $215M over the past 2 years.
Information Technology sector context is included.
R&D Expense over time
Growth rates
- 3-Year CAGR
- +31.3%
- 5-Year CAGR
- +21.4%
- 10-Year CAGR
- -
Sector benchmark
#116 of 264 in Information TechnologyTop 44% of 264This company $214.8M Sector average $924.6M
▼
-76.8% below sector average
Key checks
Key Insights
- WORKIVA INC's r&d expense has grown for 5 consecutive years.
- 5-year CAGR of +21.4%, indicating consistent growth.
- In FY2025, r&d expense increased 11.4% year-over-year.
- Ranks #116 out of 264 companies in the Information Technology sector.
Company context
Key Data Points
- Altman Z-Score 0.29 (distress zone, below 1.8 threshold)
- Negative profit margin: -7.4%
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | R&D ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $214.8M | +11.4% |
| FY2024 | $192.9M | +11.7% |
| FY2023 | $172.8M | +82.2% |
| FY2022 | $94.8M | +5.5% |
| FY2021 | $89.9M | +10.2% |
| FY2020 | $81.6M | -9.3% |
| FY2019 | $89.9M | +56.6% |
| FY2018 | $57.4M | -15.7% |
| FY2017 | $68.2M | +18.7% |
| FY2016 | $57.4M | +68.4% |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026