WKNYSEServices-Prepackaged SoftwareUS GAAP · USD

Workiva Inc

Workiva builds a cloud-based SaaS platform that connects data, workflows, and reporting across finance, sustainability, risk, and audit functions. The company serves organizations worldwide through software used to prepare disclosures, manage controls, and publish data-linked reports and presentations.

Kysy yhtiöstä
Liikevaihto885milj. USD
+19,7 %v/v
Liikevoitto (EBIT)−42,4milj. USD
+44,5 %v/v
EBIT-marginaali−4,8%
+5,6 %-yks.v/v
Nettotulos−26,2milj. USD
+52,5 %v/v
Vapaa kassavirta138milj. USD
+59,8 %v/v

Tilikausi 2025 · muutos edellisvuodesta

Kehitys 2020–2025

−20002004006008001 000milj. USD2020: 352 milj. USD2020: EBIT −38 milj. USD20202021: 443 milj. USD2021: EBIT −29 milj. USD20212022: 538 milj. USD2022: EBIT −89 milj. USD20222023: 630 milj. USD2023: EBIT −95 milj. USD20232024: 739 milj. USD2024: EBIT −77 milj. USD20242025: 885 milj. USD2025: EBIT −42 milj. USD2025885−42
LiikevaihtoLiikevoitto (EBIT)
Kysy Clarifolta: Workiva Inc

Liiketoiminta

Osuus liikevaihdosta
Financial Reporting45 %

Tools for annual, interim, and capital markets reporting, including SEC filings and disclosure workflows.

Sustainability Management20 %

Software for ESG data collection, sustainability reporting, and related disclosures.

Governance, Risk and Compliance20 %

Applications for controls management, enterprise risk, audit, and compliance processes.

Professional Services15 %

Implementation, document setup, XBRL tagging, and consulting services that support platform adoption.

Tuotteet

Raportoitu · osuus liikevaihdosta
91,9%FY2025100 %
  • License and Service91,9 %
  • XBRL Professional Services6,9 %
  • Other Services1,3 %

Lähde: 10-K FY2025, yhtiön tuotelinjoittain raportoima liikevaihto (SEC XBRL). Osuudet on laskettu näytetyistä riveistä ja ne summautuvat 100 %:iin.

Asiakkaat

Workiva sells primarily to enterprises that need controlled, audit-ready reporting across finance, sustainability, and compliance functions. Its customer base includes publicly listed companies, private companies preparing for IPOs, and large organizations with complex reporting obligations. The platform is used by CFO, CSO, and CAE teams that need to connect data from ERP, HCM, CRM, and other systems into disclosure workflows.

Public companies

Buy SEC filing, financial reporting, and controls workflows to prepare regulated disclosures and board materials.

Pre-IPO and capital markets customers

Use the platform to build S-1 and other capital markets documents before and after going public.

Sustainability reporting teams

Buy ESG data and disclosure workflows to manage sustainability reporting and related controls.

Audit, risk, and compliance teams

Use GRC and audit modules for SOX, enterprise risk, and internal control documentation.

Strategia

Workiva’s strategy centers on expanding adoption across multiple solutions within the same customer account, especially beyond core SEC reporting. The company is also investing in partner channels, international expansion, and AI-enabled capabilities to deepen workflow automation and broaden use cases.

Multi-solution adoptionLyhyt aikaväli

Cross-selling more modules increases customer value and broadens revenue per account.

International expansionKeskipitkä aikaväli

Broader geographic reach reduces dependence on U.S. reporting demand and opens new compliance use cases.

Partner program developmentKeskipitkä aikaväli

Partners can extend implementation capacity and improve market access for complex enterprise deals.

AI-enabled platform developmentKeskipitkä aikaväli

AI features can improve productivity and differentiation if customers adopt them at scale.

Maantiede

Q1/2026

Workiva sells globally, with customers across the United States and international markets. The company’s platform is delivered as SaaS, so geography matters mainly through sales coverage, regulatory regimes, and customer reporting requirements rather than manufacturing footprint. Its disclosures indicate a broad worldwide customer base, including many large public companies.

USA71 %
Other countries (US filing)29 %

Osuus liikevaihdosta, jonka yhtiö raportoi maantieteellisesti.

Riskit

Workiva depends heavily on regulated reporting use cases, especially SEC filings, so changes in disclosure demand or customer behavior can affect growth. The business also faces competition from broad enterprise software vendors, niche point solutions, and professional services providers, while AI, privacy, and cybersecurity issues could affect trust in the platform. Because the company sells subscriptions, renewal and upgrade rates are critical to revenue durability.

Järjestetty vakavuuden mukaan
MatalaKohtalainenKorkeaMatalaKohtalainenKorkeaVaikutus →Todennäköisyys →Concentration in SEC filing use cases1Subscription renewal and upgrade risk2Regulatory change risk3Competitive pressure4AI and data security risk5
Vaikutus on riskin vakavuus ja todennäköisyys sen toteutumisen todennäköisyys lähivuosina, molemmat arvioitu yhtiön raporttien perusteella. Numerot vastaavat listaa.
  1. Concentration in SEC filing use casesVaikutus: KorkeaTodennäköisyys: Kohtalainen

    More than 35% of revenue comes from customers using the platform for SEC filings, creating dependence on one regulatory workflow.

    Kohdistuu: SEC reporting and capital markets customers

  2. Subscription renewal and upgrade riskVaikutus: KorkeaTodennäköisyys: Kohtalainen

    Revenue depends on retaining customers and expanding usage over time.

    Kohdistuu: Existing subscription base

  3. Regulatory change riskVaikutus: KeskitasoTodennäköisyys: Korkea

    Reporting and sustainability requirements can shift with legislation and enforcement trends.

    KohdistuuSECSOXESGCompliance workflows
  4. Competitive pressureVaikutus: KeskitasoTodennäköisyys: Kohtalainen

    The company competes with large software vendors, niche tools, and professional services alternatives.

    KohdistuuFinancial reportingSustainabilityGRC software
  5. AI and data security riskVaikutus: KeskitasoTodennäköisyys: Kohtalainen

    AI features and connected data workflows increase privacy, cybersecurity, and reputational exposure.

    KohdistuuPlatform dataCustomer disclosuresInternal operations
Kysy Clarifolta: Workiva Inc

Kirjanpito

Harkinnanvaraiset erät
Subscription and support revenue recognition

Ratable recognition means billings, deferred revenue, and reported revenue can move differently over time.

Vaikutus: Affects revenue timing and deferred revenue balances

Professional services revenue recognition

Setup, XBRL tagging, and consulting are recognized as performed or completed, creating timing differences by quarter.

Vaikutus: Affects quarterly revenue mix and seasonality

Deferred revenue

Customer billings are initially recorded as deferred revenue and recognized later, shaping reported growth visibility.

Vaikutus: Affects balance sheet liabilities and future revenue

Stock-based compensation

Equity awards are a significant non-cash expense and can materially affect operating results.

Vaikutus: Affects operating expenses and dilution analysis

Seasonality

Professional services and cash flows vary with customer reporting cycles and bonus/commission timing.

Vaikutus: Affects quarterly comparability and cash flow interpretation

Samankaltaisia listattuja yhtiöitä

Julkisesti listattuja yhtiöitä, joilla on samankaltainen liiketoiminta.

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Päivitetty: 24.9.2026

Workiva Inc (WK) liikevaihto, tulos ja tunnusluvut 2025 – Clarifo