WORKIVA INC R&D Expense History
WK / Information Technology|10 years of SEC 10-K data (FY2016-FY2025)
$215M in FY2025 with a 5-year CAGR of +17.8%.
Improved from $173M to $215M over the past 2 years.
At $215M, WORKIVA INC's r&d expense ranks #124 of 264 in the Information Technology sector. R&D Expense has increased for 9 consecutive years, from $57M in FY2016 to $215M in FY2025.
Based on SEC 10-K filings.
Key Data Points
- Altman Z-Score 0.70 (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.
- 3-Year CAGR
- +12.3%
- 5-Year CAGR
- +17.8%
- 10-Year CAGR
- -
R&D Expense Trend
#124 of 264 in Information TechnologyTop 47% of 264This company $214.8M Sector average $1.0B
▼
-79.2% below sector average
Key Insights
- WORKIVA INC's r&d expense has grown for 9 consecutive years.
- 5-year CAGR of +17.8%, indicating consistent growth.
- In FY2025, r&d expense increased 11.4% year-over-year.
- Ranks #124 out of 264 companies in the Information Technology sector.
Annual Data
| Year | R&D Expense | YoY Growth |
|---|---|---|
| FY2025 | $214.8M | +11.4% |
| FY2024 | $192.9M | +11.7% |
| FY2023 | $172.8M | +13.9% |
| FY2022 | $151.7M | +31.1% |
| FY2021 | $115.7M | +22.0% |
| FY2020 | $94.8M | +5.5% |
| FY2019 | $89.9M | +10.2% |
| FY2018 | $81.6M | +19.7% |
| FY2017 | $68.2M | +18.7% |
| FY2016 | $57.4M | +13.8% |
As of FY2025 · SEC 10-K · Updated Feb 28, 2026