Workiva Inc(NYSE:WK) 
Workiva Inc., together with its subsidiaries, provides cloud-based compliance and regulatory reporting solutions worldwide. The company offers Workiva platform that offers controlled collaboration, data linking, data integrations, granular permissions, process management, and full audit trail servic...
Website: http://www.workiva.com
Founded: 2008
Full Time Employees: 1,670
Sector: Technology
Industry: Software-Application
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At a glance:
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Quarterly
Annual
| Unit: USD | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-12-31 | 2019-09-30 | 2019-06-30 | 2019-03-31 | 2018-12-31 | 2018-09-30 | 2018-06-30 | 2018-03-31 | 2017-12-31 | 2017-09-30 | 2017-06-30 | 2017-03-31 | 2016-12-31 | 2016-09-30 | 2016-06-30 | 2016-03-31 | 2015-12-31 | 2015-09-30 | 2015-06-30 | 2015-03-31 | 2014-12-31 |
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revenue | ||||||||||||||||||||||||||||||||||||||||||||||
subscription and support | 225,355,000 | 219,332,000 | 209,560,000 | 198,223,000 | 185,512,000 | 180,897,000 | 171,035,000 | 160,735,000 | 154,979,000 | 148,788,000 | 143,421,000 | 136,772,000 | 129,664,000 | 125,871,000 | 118,591,000 | 113,353,000 | 107,120,000 | 104,287,000 | 98,912,000 | 91,205,000 | 84,936,000 | 80,970,000 | 75,850,000 | 70,696,000 | 68,361,000 | 66,148,000 | 63,022,000 | 60,472,000 | 56,123,000 | 53,779,000 | 51,306,000 | 48,837,000 | 46,470,000 | 45,549,000 | 43,214,000 | 40,980,000 | 39,540,000 | 38,329,000 | 36,237,000 | 34,969,000 | 33,585,000 | 32,102,000 | 29,832,000 | 28,085,000 | 26,269,000 | |
professional services | 21,951,000 | 19,603,000 | 14,606,000 | 16,964,000 | 20,768,000 | 18,992,000 | 14,586,000 | 16,768,000 | 20,688,000 | 17,865,000 | 14,754,000 | 18,250,000 | 20,525,000 | 17,932,000 | 14,258,000 | 18,196,000 | 22,554,000 | 16,496,000 | 13,781,000 | 14,382,000 | 19,286,000 | 12,864,000 | 12,249,000 | 13,164,000 | 17,440,000 | 14,117,000 | 11,157,000 | 13,012,000 | 13,840,000 | 10,656,000 | 9,567,000 | 10,293,000 | 13,436,000 | 8,957,000 | 8,854,000 | 8,411,000 | 12,364,000 | 8,045,000 | 8,473,000 | 8,042,000 | 10,966,000 | 7,780,000 | 6,436,000 | 5,883,000 | 8,885,000 | |
total revenue | 247,306,000 | 238,935,000 | 224,166,000 | 215,187,000 | 206,280,000 | 199,889,000 | 185,621,000 | 177,503,000 | 175,667,000 | 166,653,000 | 158,175,000 | 155,022,000 | 150,189,000 | 143,803,000 | 132,849,000 | 131,549,000 | 129,674,000 | 120,783,000 | 112,693,000 | 105,587,000 | 104,222,000 | 93,834,000 | 88,099,000 | 83,860,000 | 85,801,000 | 80,265,000 | 74,179,000 | 73,484,000 | 69,963,000 | 64,435,000 | 60,873,000 | 59,130,000 | 59,906,000 | 54,506,000 | 52,068,000 | 49,391,000 | 51,904,000 | 46,374,000 | 44,710,000 | 43,011,000 | 44,551,000 | 39,882,000 | 36,268,000 | 33,968,000 | 35,154,000 | |
yoy | 19.89% | 19.53% | 20.77% | 21.23% | 17.43% | 19.94% | 17.35% | 14.50% | 16.96% | 15.89% | 19.06% | 17.84% | 15.82% | 19.06% | 17.89% | 24.59% | 24.42% | 28.72% | 27.92% | 25.91% | 21.47% | 16.91% | 18.77% | 14.12% | 22.64% | 24.57% | 21.86% | 24.28% | 16.79% | 18.22% | 16.91% | 19.72% | 15.42% | 17.54% | 16.46% | 14.83% | 16.50% | 16.28% | 23.28% | 26.62% | 26.73% | |||||
qoq | 3.50% | 6.59% | 4.17% | 4.32% | 3.20% | 7.69% | 4.57% | 1.05% | 5.41% | 5.36% | 2.03% | 3.22% | 4.44% | 8.25% | 0.99% | 1.45% | 7.36% | 7.18% | 6.73% | 1.31% | 11.07% | 6.51% | 5.05% | -2.26% | 6.90% | 8.20% | 0.95% | 5.03% | 8.58% | 5.85% | 2.95% | -1.30% | 9.91% | 4.68% | 5.42% | -4.84% | 11.92% | 3.72% | 3.95% | -3.46% | 11.71% | 9.96% | 6.77% | -3.37% | ||
cost of revenue | ||||||||||||||||||||||||||||||||||||||||||||||
total cost of revenue | 48,545,000 | 46,167,000 | 46,378,000 | 49,543,000 | 48,342,000 | 45,689,000 | 43,671,000 | 41,172,000 | 41,523,000 | 37,845,000 | 38,355,000 | 39,504,000 | 38,518,000 | 34,356,000 | 32,419,000 | 32,237,000 | 30,873,000 | 29,161,000 | 26,405,000 | 24,591,000 | 23,676,000 | 23,651,000 | 21,886,000 | 22,244,000 | 22,396,000 | 23,048,000 | 21,751,000 | 20,677,000 | 19,536,000 | 17,394,000 | 15,659,000 | 16,296,000 | 16,511,000 | 16,089,000 | 15,652,000 | 14,286,000 | 14,218,000 | 13,208,000 | 12,734,000 | 12,577,000 | 13,106,000 | 11,013,000 | 9,776,000 | 9,753,000 | 9,662,000 | |
gross profit | 198,761,000 | 192,768,000 | 177,788,000 | 165,644,000 | 157,938,000 | 154,200,000 | 141,950,000 | 136,331,000 | 134,144,000 | 128,808,000 | 119,820,000 | 115,518,000 | 111,671,000 | 109,447,000 | 100,430,000 | 99,312,000 | 98,801,000 | 91,622,000 | 86,288,000 | 80,996,000 | 80,546,000 | 70,183,000 | 66,213,000 | 61,616,000 | 63,405,000 | 57,217,000 | 52,428,000 | 52,807,000 | 50,427,000 | 47,041,000 | 45,214,000 | 42,834,000 | 43,395,000 | 38,417,000 | 36,416,000 | 35,105,000 | 37,686,000 | 33,166,000 | 31,976,000 | 30,434,000 | 31,445,000 | 28,869,000 | 26,492,000 | 24,215,000 | 25,492,000 | |
yoy | 25.85% | 25.01% | 25.25% | 21.50% | 17.74% | 19.71% | 18.47% | 18.02% | 20.12% | 17.69% | 19.31% | 16.32% | 13.03% | 19.45% | 16.39% | 22.61% | 22.66% | 30.55% | 30.32% | 31.45% | 27.03% | 22.66% | 26.29% | 16.68% | 25.74% | 21.63% | 15.96% | 23.28% | 16.20% | 22.45% | 24.16% | 22.02% | 15.15% | 15.83% | 13.89% | 15.35% | 19.85% | 14.88% | 20.70% | 25.68% | 23.35% | |||||
qoq | 3.11% | 8.43% | 7.33% | 4.88% | 2.42% | 8.63% | 4.12% | 1.63% | 4.14% | 7.50% | 3.72% | 3.44% | 2.03% | 8.98% | 1.13% | 0.52% | 7.84% | 6.18% | 6.53% | 0.56% | 14.77% | 6.00% | 7.46% | -2.82% | 10.81% | 9.13% | -0.72% | 4.72% | 7.20% | 4.04% | 5.56% | -1.29% | 12.96% | 5.49% | 3.73% | -6.85% | 13.63% | 3.72% | 5.07% | -3.22% | 8.92% | 8.97% | 9.40% | -5.01% | ||
gross margin % | 80.37% | 80.68% | 79.31% | 76.98% | 76.56% | 77.14% | 76.47% | 76.80% | 76.36% | 77.29% | 75.75% | 74.52% | 74.35% | 76.11% | 75.60% | 75.49% | 76.19% | 75.86% | 76.57% | 76.71% | 77.28% | 74.79% | 75.16% | 73.47% | 73.90% | 71.29% | 70.68% | 71.86% | 72.08% | 73.01% | 74.28% | 72.44% | 72.44% | 70.48% | 69.94% | 71.08% | 72.61% | 71.52% | 71.52% | 70.76% | 70.58% | 72.39% | 73.05% | 71.29% | 72.52% | |
operating expenses | ||||||||||||||||||||||||||||||||||||||||||||||
research and development | 52,913,000 | 54,818,000 | 51,403,000 | 54,843,000 | 53,780,000 | 50,607,000 | 48,425,000 | 48,408,000 | 45,495,000 | 42,555,000 | 41,747,000 | 42,697,000 | 45,791,000 | 38,072,000 | 38,583,000 | 39,177,000 | 35,884,000 | 31,430,000 | 29,841,000 | 27,830,000 | 26,634,000 | 24,386,000 | 23,956,000 | 23,508,000 | 22,994,000 | 23,216,000 | 22,899,000 | 21,795,000 | 22,011,000 | 20,773,000 | 19,984,000 | 20,718,000 | 20,127,000 | 18,870,000 | 17,527,000 | 16,239,000 | 15,536,000 | 14,533,000 | 14,342,000 | 14,047,000 | 14,516,000 | 13,496,000 | 12,766,000 | 12,196,000 | 12,008,000 | |
sales and marketing | 104,485,000 | 102,049,000 | 101,127,000 | 104,025,000 | 101,671,000 | 90,157,000 | 89,756,000 | 84,697,000 | 82,633,000 | 71,867,000 | 72,576,000 | 71,882,000 | 70,710,000 | 60,381,000 | 64,560,000 | 64,219,000 | 56,100,000 | 50,199,000 | 46,026,000 | 41,525,000 | 41,035,000 | 37,813,000 | 35,487,000 | 35,270,000 | 36,117,000 | 33,732,000 | 32,990,000 | 28,213,000 | 25,365,000 | 23,011,000 | 24,068,000 | 22,252,000 | 21,006,000 | 21,949,000 | 23,712,000 | 19,787,000 | 18,713,000 | 18,196,000 | 22,354,000 | 19,828,000 | 20,088,000 | 18,632,000 | 20,903,000 | 16,329,000 | 13,705,000 | |
general and administrative | 26,042,000 | 28,041,000 | 28,663,000 | 28,922,000 | 27,237,000 | 26,756,000 | 25,551,000 | 26,375,000 | 24,299,000 | 23,859,000 | 21,022,000 | 23,627,000 | 42,011,000 | 24,271,000 | 27,405,000 | 24,108,000 | 23,994,000 | 21,492,000 | 18,390,000 | 17,384,000 | 17,021,000 | 12,886,000 | 13,722,000 | 19,632,000 | 13,448,000 | 14,754,000 | 12,017,000 | 11,226,000 | 10,383,000 | 11,047,000 | 11,864,000 | 21,654,000 | 11,768,000 | 12,271,000 | 8,959,000 | 8,943,000 | 9,421,000 | 7,845,000 | 8,015,000 | 7,882,000 | 8,953,000 | 8,538,000 | 7,153,000 | 6,291,000 | 6,734,000 | |
total operating expenses | 183,440,000 | 184,908,000 | 181,193,000 | 187,790,000 | 182,688,000 | 167,520,000 | 163,732,000 | 159,480,000 | 152,427,000 | 138,281,000 | 135,345,000 | 138,206,000 | 158,512,000 | 122,724,000 | 130,548,000 | 127,504,000 | 115,978,000 | 103,121,000 | 94,257,000 | 86,739,000 | 84,690,000 | 75,085,000 | 73,165,000 | 78,410,000 | 72,559,000 | 71,702,000 | 67,906,000 | 61,234,000 | 57,759,000 | 54,831,000 | 55,916,000 | 64,624,000 | 52,901,000 | 53,090,000 | 50,198,000 | 44,969,000 | 43,670,000 | 40,574,000 | 44,711,000 | 41,757,000 | 43,557,000 | 40,666,000 | 40,822,000 | 34,816,000 | 32,447,000 | |
income from operations | 15,321,000 | 7,860,000 | -3,405,000 | -22,146,000 | -24,750,000 | -13,320,000 | -21,782,000 | -23,149,000 | -18,283,000 | -9,473,000 | -15,525,000 | -22,688,000 | -46,841,000 | -13,277,000 | -30,118,000 | -28,192,000 | -17,177,000 | -11,499,000 | -7,969,000 | -5,743,000 | -4,144,000 | -4,902,000 | -6,952,000 | -16,794,000 | -9,154,000 | -14,485,000 | -15,478,000 | -8,427,000 | -7,332,000 | -7,790,000 | -10,702,000 | -21,790,000 | -9,506,000 | -14,673,000 | -13,782,000 | -9,864,000 | -5,984,000 | -7,408,000 | -12,735,000 | -11,323,000 | -12,112,000 | -11,797,000 | -14,330,000 | -10,601,000 | -6,955,000 | |
yoy | -161.90% | -159.01% | -84.37% | -4.33% | 35.37% | 40.61% | 40.30% | 2.03% | -60.97% | -28.65% | -48.45% | -19.52% | 172.70% | 15.46% | 277.94% | 390.89% | 314.50% | 134.58% | 14.63% | -65.80% | -54.73% | -66.16% | -55.08% | 99.29% | 24.85% | 85.94% | 44.63% | -61.33% | -22.87% | -46.91% | -22.35% | 120.90% | 58.86% | 98.07% | 8.22% | -12.89% | -50.59% | -37.20% | -11.13% | 6.81% | 74.15% | |||||
qoq | 94.92% | -330.84% | -84.62% | -10.52% | 85.81% | -38.85% | -5.91% | 26.61% | 93.00% | -38.98% | -31.57% | -51.56% | 252.80% | -55.92% | 6.83% | 64.13% | 49.38% | 44.30% | 38.76% | 38.59% | -15.46% | -29.49% | -58.60% | 83.46% | -36.80% | -6.42% | 83.67% | 14.93% | -5.88% | -27.21% | -50.89% | 129.22% | -35.21% | 6.46% | 39.72% | 64.84% | -19.22% | -41.83% | 12.47% | -6.51% | 2.67% | -17.68% | 35.18% | 52.42% | ||
operating margin % | 6.20% | 3.29% | -1.52% | -10.29% | -12.00% | -6.66% | -11.73% | -13.04% | -10.41% | -5.68% | -9.82% | -14.64% | -31.19% | -9.23% | -22.67% | -21.43% | -13.25% | -9.52% | -7.07% | -5.44% | -3.98% | -5.22% | -7.89% | -20.03% | -10.67% | -18.05% | -20.87% | -11.47% | -10.48% | -12.09% | -17.58% | -36.85% | -15.87% | -26.92% | -26.47% | -19.97% | -11.53% | -15.97% | -28.48% | -26.33% | -27.19% | -29.58% | -39.51% | -31.21% | -19.78% | |
interest income | 8,103,000 | 8,620,000 | 8,442,000 | 8,344,000 | 8,747,000 | 9,306,000 | 9,298,000 | 10,336,000 | 10,455,000 | 10,336,000 | 7,294,000 | 4,535,000 | 3,717,000 | 2,555,000 | 1,440,000 | 605,000 | 280,000 | 207,000 | 219,000 | 255,000 | 360,000 | 450,000 | 471,000 | 655,000 | 1,706,000 | 2,064,000 | 1,460,000 | |||||||||||||||||||
interest expense | -3,194,000 | -3,193,000 | -3,195,000 | -3,194,000 | -3,195,000 | -3,197,000 | -3,199,000 | -3,237,000 | -3,232,000 | -3,202,000 | -47,437,000 | -1,499,000 | -1,501,000 | -1,502,000 | -1,510,000 | -1,512,000 | -1,518,000 | -3,520,000 | -3,508,000 | -3,502,000 | -3,485,000 | -3,275,000 | -3,572,000 | -3,563,000 | -3,554,000 | -3,534,000 | -1,959,000 | -433,000 | -440,000 | -480,000 | -448,000 | -449,000 | -450,000 | -451,000 | -464,000 | -475,000 | -455,000 | -455,000 | -462,000 | -468,000 | -490,000 | -508,000 | -494,000 | -513,000 | -510,000 | |
other income | 398,000 | -699,000 | 318,000 | -736,000 | -233,000 | -45,000 | 86,000 | -364,000 | -71,000 | -439,000 | 366,750 | 964,000 | 668,000 | 816,250 | 3,805,000 | -156,000 | -384,000 | -468,000 | -387,000 | -68,000 | 718,000 | -64,750 | 24,000 | 530,000 | 320,000 | 753,000 | 203,000 | 492,000 | 343,000 | 797,000 | 198,000 | 176,000 | 612,000 | |||||||||||||
income before provision for income taxes | 20,628,000 | 12,588,000 | 2,160,000 | -17,732,000 | -19,431,000 | -6,339,000 | -16,033,000 | -16,095,000 | -10,974,000 | -2,703,000 | -55,739,000 | -20,091,000 | -45,565,000 | -12,765,000 | -29,224,000 | -28,431,000 | -14,848,000 | -7,453,000 | -9,146,000 | -7,653,000 | -8,195,000 | -10,440,000 | -19,770,000 | -10,284,000 | -16,260,000 | -15,953,000 | -8,330,000 | -7,452,000 | -7,517,000 | -10,947,000 | -21,747,000 | -9,613,000 | -14,327,000 | -14,048,000 | -10,163,000 | -5,827,000 | -7,515,000 | -12,899,000 | -11,513,000 | -12,026,000 | ||||||
provision for income taxes | 1,632,000 | 772,000 | -626,000 | 1,668,000 | 1,940,000 | 2,476,000 | 959,000 | 1,453,000 | 713,000 | 1,493,000 | 530,000 | 819,000 | 585,000 | 1,137,000 | 467,000 | 430,000 | -524,000 | -885,000 | 368,000 | -329,000 | -642,000 | 67,000 | -5,000 | 289,000 | 38,000 | 98,000 | -8,000 | 11,000 | 204,000 | 17,000 | 21,000 | 5,000 | -6,000 | 25,000 | 33,000 | 9,000 | 1,000 | -8,000 | 12,000 | 19,000 | ||||||
net income | 18,996,000 | 11,816,000 | 2,786,000 | -19,400,000 | -21,371,000 | -8,815,000 | -16,992,000 | -17,548,000 | -11,687,000 | -4,196,000 | -56,269,000 | -20,910,000 | -46,150,000 | -13,902,000 | -29,691,000 | -28,861,000 | -18,493,000 | -14,324,000 | -6,568,000 | -9,514,000 | -7,324,000 | -7,553,000 | -10,507,000 | -19,765,000 | -10,573,000 | -16,298,000 | -16,051,000 | -8,322,000 | -7,463,000 | -7,721,000 | -10,964,000 | -21,768,000 | -9,618,000 | -14,321,000 | -14,073,000 | -10,196,000 | -5,836,000 | -7,516,000 | -12,891,000 | -11,525,000 | -12,045,000 | -10,293,000 | -14,630,000 | -11,029,000 | -7,447,000 | |
yoy | -188.89% | -234.04% | -116.40% | 10.55% | 82.86% | 110.08% | -69.80% | -16.08% | -74.68% | -69.82% | 89.52% | -27.55% | 149.55% | -2.95% | 352.06% | 203.35% | 152.50% | 89.65% | -37.49% | -51.86% | -30.73% | -53.66% | -34.54% | 137.50% | 41.67% | 111.09% | 46.40% | -61.77% | -22.41% | -46.09% | -22.09% | 113.50% | 64.80% | 90.54% | 9.17% | -11.53% | -51.55% | -26.98% | -11.89% | 4.50% | 61.74% | |||||
qoq | 60.77% | 324.12% | -114.36% | -9.22% | 142.44% | -48.12% | -3.17% | 50.15% | 178.53% | -92.54% | 169.10% | -54.69% | 231.97% | -53.18% | 2.88% | 56.06% | 29.10% | 118.09% | -30.96% | 29.90% | -3.03% | -28.11% | -46.84% | 86.94% | -35.13% | 1.54% | 92.87% | 11.51% | -3.34% | -29.58% | -49.63% | 126.33% | -32.84% | 1.76% | 38.02% | 74.71% | -22.35% | -41.70% | 11.85% | -4.32% | 17.02% | -29.64% | 32.65% | 48.10% | ||
net income margin % | 7.68% | 4.95% | 1.24% | -9.02% | -10.36% | -4.41% | -9.15% | -9.89% | -6.65% | -2.52% | -35.57% | -13.49% | -30.73% | -9.67% | -22.35% | -21.94% | -14.26% | -11.86% | -5.83% | -9.01% | -7.03% | -8.05% | -11.93% | -23.57% | -12.32% | -20.31% | -21.64% | -11.32% | -10.67% | -11.98% | -18.01% | -36.81% | -16.06% | -26.27% | -27.03% | -20.64% | -11.24% | -16.21% | -28.83% | -26.80% | -27.04% | -25.81% | -40.34% | -32.47% | -21.18% | |
net income per common share | ||||||||||||||||||||||||||||||||||||||||||||||
basic | 330 | -170 | 50 | |||||||||||||||||||||||||||||||||||||||||||
diluted | 330 | -170 | 50 | |||||||||||||||||||||||||||||||||||||||||||
weighted-average common shares outstanding | ||||||||||||||||||||||||||||||||||||||||||||||
basic | 56,885,568,000 | 56,347,994,000 | ||||||||||||||||||||||||||||||||||||||||||||
diluted | 58,441,679,000 | 58,184,796,000 | ||||||||||||||||||||||||||||||||||||||||||||
net loss per common share: | ||||||||||||||||||||||||||||||||||||||||||||||
basic and diluted | -350 | -380 | -150 | -310 | -320 | -210 | -80 | -1,040 | -390 | -860 | -260 | -560 | -550 | -350 | -280 | -130 | -190 | -150 | -150 | -220 | -410 | -220 | -350 | -340 | -180 | -170 | -170 | -250 | -500 | -220 | -340 | -340 | -250 | -140 | -180 | -320 | -280 | -300 | -260 | -370 | -280 | |||||
weighted-average common shares outstanding - basic and diluted | 56,272,517,000 | 56,076,723,000 | 56,157,533,000 | 55,355,381,000 | 55,581,841,000 | 55,177,162,000 | 54,915,852,000 | 54,099,757,000 | 54,256,941,000 | 54,009,963,000 | 53,690,242,000 | 52,954,079,000 | 53,081,564,000 | 52,850,470,000 | 52,596,228,000 | 51,126,510,000 | 51,441,688,000 | 51,065,867,000 | 50,244,120,000 | 48,448,166,000 | 48,840,131,000 | 48,171,552,000 | 47,545,703,000 | 46,302,656,000 | 46,731,663,000 | 46,166,660,000 | 45,229,279,000 | 43,640,408,000 | 43,973,428,000 | 43,234,655,000 | 42,858,756,000 | 41,618,838,000 | 41,815,139,000 | 41,429,691,000 | 41,108,611,000 | 40,671,133,000 | 40,762,960,000 | 40,593,908,000 | 40,451,668,000 | 39,852,624,000 | 39,980,308,000 | 39,627,842,000 | 39,593,700,000 | |||
other expense | -77,250 | -350,000 | -940,000 | -165,000 | ||||||||||||||||||||||||||||||||||||||||||
loss before benefit for income taxes | -18,580,000 | |||||||||||||||||||||||||||||||||||||||||||||
benefit for income taxes | -87,000 | |||||||||||||||||||||||||||||||||||||||||||||
other income and (expense) | 348,000 | 298,000 | 278,000 | 576,000 | 2,014,000 | 163,000 | 191,000 | -66,000 | ||||||||||||||||||||||||||||||||||||||
loss before income tax benefit | -8,278,750 | -14,661,000 | ||||||||||||||||||||||||||||||||||||||||||||
income tax benefit | -2,250 | -31,000 | -84,000 | |||||||||||||||||||||||||||||||||||||||||||
loss before income tax expense | -10,923,000 | |||||||||||||||||||||||||||||||||||||||||||||
income tax expense | 106,000 | |||||||||||||||||||||||||||||||||||||||||||||
income before income tax benefit | -7,531,000 | |||||||||||||||||||||||||||||||||||||||||||||
net income per common share: | ||||||||||||||||||||||||||||||||||||||||||||||
basic and diluted | -190 |
Balance Sheets:
Quarterly
Annual
| Unit: USD | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-12-31 | 2019-09-30 | 2019-06-30 | 2019-03-31 | 2018-12-31 | 2018-09-30 | 2018-06-30 | 2018-03-31 | 2017-12-31 | 2017-09-30 | 2017-06-30 | 2017-03-31 | 2016-12-31 | 2016-09-30 | 2016-06-30 | 2016-03-31 | 2015-12-31 | 2015-09-30 | 2015-06-30 | 2015-03-31 | 2014-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
assets | ||||||||||||||||||||||||||||||||||||||||||||||
current assets | ||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents | 334,260,000 | 338,769,000 | 315,914,000 | 284,253,000 | 242,024,000 | 301,835,000 | 248,239,000 | 267,897,000 | 296,066,000 | 256,100,000 | 404,885,000 | 198,939,000 | 195,485,000 | 240,197,000 | 229,497,000 | 226,253,000 | 303,076,000 | 300,386,000 | 291,125,000 | 322,194,000 | 331,173,000 | 322,831,000 | 426,132,000 | 402,121,000 | 393,434,000 | 381,742,000 | 389,124,000 | 94,713,000 | 78,736,000 | 77,584,000 | 71,843,000 | 57,495,000 | 65,256,000 | 60,333,000 | 62,718,000 | 59,986,000 | 52,204,000 | 51,281,000 | 42,842,000 | 39,885,000 | 43,226,000 | 58,750,000 | 69,094,000 | 86,432,000 | 89,893,000 | 101,131,000 |
marketable securities | 529,116,000 | 552,852,000 | 540,877,000 | 529,456,000 | 525,000,000 | 514,585,000 | 528,115,000 | 472,956,000 | 542,281,000 | 557,622,000 | 377,533,000 | 267,312,000 | 244,338,000 | 190,595,000 | 203,511,000 | 202,712,000 | 220,457,000 | 230,060,000 | 231,224,000 | 229,419,000 | 209,446,000 | 207,207,000 | 97,750,000 | 106,451,000 | 102,589,000 | 106,214,000 | 95,644,000 | 42,855,000 | 35,668,000 | 20,764,000 | 25,145,000 | 23,216,000 | 15,801,000 | 16,364,000 | 15,033,000 | 12,877,000 | 12,498,000 | 11,435,000 | 10,995,000 | 11,044,000 | 12,665,000 | 17,420,000 | 12,659,000 | |||
accounts receivable | 138,109,000 | 168,984,000 | 144,433,000 | 121,564,000 | 118,620,000 | 148,433,000 | 137,921,000 | 121,359,000 | 87,898,000 | 125,193,000 | 98,861,000 | 84,272,000 | 77,151,000 | 106,316,000 | 82,278,000 | 75,607,000 | 70,133,000 | 76,848,000 | 64,099,000 | 65,908,000 | 53,754,000 | 68,922,000 | 55,571,000 | 41,470,000 | 45,522,000 | 60,228,000 | 43,590,000 | 47,206,000 | 50,560,000 | 65,107,000 | 40,697,000 | 39,088,000 | 39,202,000 | 28,800,000 | 24,283,000 | 22,733,000 | 19,580,000 | 22,535,000 | 22,353,000 | 18,260,000 | 16,470,000 | 15,647,000 | 12,133,000 | 12,452,000 | 11,913,000 | 11,120,000 |
deferred costs | 64,793,000 | 62,619,000 | 55,282,000 | 53,250,000 | 51,184,000 | 50,914,000 | 44,726,000 | 41,994,000 | 37,822,000 | 39,023,000 | 36,953,000 | 38,471,000 | 39,668,000 | 38,350,000 | 35,043,000 | 29,992,000 | 31,816,000 | 31,152,000 | 21,923,000 | |||||||||||||||||||||||||||
other receivables | 7,925,000 | 10,383,000 | 10,140,000 | 9,441,000 | 9,308,000 | 10,276,000 | 8,646,000 | 6,877,000 | 7,162,000 | 7,367,000 | 7,017,000 | 5,472,000 | 5,086,000 | 6,674,000 | 3,449,000 | 2,949,000 | 3,359,000 | 3,538,000 | 3,354,000 | 2,750,000 | 3,314,000 | 3,155,000 | 2,417,000 | 2,630,000 | 2,683,000 | 2,432,000 | 1,651,000 | 1,236,000 | 1,395,000 | 1,181,000 | 1,392,000 | 801,000 | 949,000 | 975,000 | 1,109,000 | 1,573,000 | 705,000 | 1,545,000 | 1,261,000 | 897,000 | 1,042,000 | 818,000 | 951,000 | 907,000 | 482,000 | 295,000 |
prepaid expenses and other | 33,939,000 | 28,778,000 | 25,622,000 | 25,184,000 | 28,161,000 | 22,199,000 | 21,055,000 | 21,307,000 | 25,771,000 | 23,631,000 | 21,902,000 | 25,419,000 | 23,713,000 | 17,957,000 | 14,098,000 | 17,776,000 | 16,217,000 | 15,108,000 | 13,092,000 | 12,045,000 | 12,758,000 | 9,047,000 | 9,587,000 | 9,349,000 | 8,452,000 | 6,508,000 | 4,417,000 | |||||||||||||||||||
total current assets | 1,108,142,000 | 1,162,385,000 | 1,092,268,000 | 1,023,148,000 | 974,297,000 | 1,048,242,000 | 988,702,000 | 932,390,000 | 997,000,000 | 1,008,936,000 | 947,151,000 | 619,885,000 | 585,441,000 | 600,089,000 | 567,876,000 | 555,289,000 | 645,058,000 | 657,092,000 | 630,915,000 | 658,962,000 | 633,369,000 | 633,085,000 | 609,376,000 | 577,671,000 | 565,234,000 | 571,232,000 | 550,897,000 | 205,353,000 | 183,515,000 | 177,231,000 | 150,691,000 | 133,673,000 | 131,269,000 | 115,292,000 | 111,649,000 | 110,606,000 | 95,434,000 | 98,042,000 | 84,057,000 | 76,973,000 | 78,849,000 | 97,878,000 | 99,072,000 | 103,593,000 | 106,065,000 | 116,541,000 |
property and equipment | 19,832,000 | 20,546,000 | 20,338,000 | 21,185,000 | 21,485,000 | 21,825,000 | 21,757,000 | 22,268,000 | 23,295,000 | 24,282,000 | 25,102,000 | 25,380,000 | 26,049,000 | 27,096,000 | 27,133,000 | 27,331,000 | 28,091,000 | 28,821,000 | 28,490,000 | 28,922,000 | 28,961,000 | 29,365,000 | 38,231,000 | 38,913,000 | 39,231,000 | 39,745,000 | 40,292,000 | 41,046,000 | 41,049,000 | 41,468,000 | 39,759,000 | 39,338,000 | 39,801,000 | 40,444,000 | 41,300,000 | 41,138,000 | 41,949,000 | 42,590,000 | 43,287,000 | 43,619,000 | 43,747,000 | 44,410,000 | 45,754,000 | 46,226,000 | 46,838,000 | 46,265,000 |
operating lease right-of-use assets | 10,577,000 | 13,986,000 | 10,323,000 | 11,664,000 | 12,341,000 | 11,786,000 | 9,485,000 | 10,535,000 | 11,254,000 | 12,642,000 | 10,228,000 | 11,493,000 | 12,714,000 | 13,932,000 | 14,414,000 | 15,049,000 | 16,460,000 | 17,760,000 | 14,536,000 | 15,558,000 | 16,501,000 | 15,844,000 | 16,631,000 | 17,534,000 | 18,358,000 | 15,352,000 | 15,917,000 | 16,510,000 | 17,057,000 | |||||||||||||||||
deferred costs, non-current | 53,958,000 | 59,767,000 | 51,816,000 | 51,476,000 | 51,456,000 | 54,858,000 | 43,557,000 | 40,169,000 | 32,848,000 | 33,346,000 | 28,816,000 | 30,810,000 | 30,819,000 | 33,682,000 | 30,258,000 | 34,826,000 | 30,879,000 | 33,091,000 | 23,421,000 | |||||||||||||||||||||||||||
goodwill | 204,174,000 | 206,164,000 | 205,955,000 | 206,007,000 | 199,724,000 | 196,844,000 | 202,133,000 | 199,202,000 | 110,317,000 | 112,097,000 | 108,851,000 | 111,154,000 | 110,997,000 | 109,740,000 | 103,091,000 | 109,040,000 | 34,556,000 | 34,556,000 | 34,279,000 | |||||||||||||||||||||||||||
intangible assets | 21,511,000 | 22,270,000 | 23,533,000 | 25,215,000 | 26,031,000 | 27,389,000 | 30,278,000 | 31,533,000 | 21,154,000 | 22,892,000 | 23,585,000 | 25,643,000 | 27,111,000 | 28,234,000 | 27,828,000 | 30,162,000 | 9,677,000 | 10,434,000 | 8,193,000 | 1,516,000 | 1,560,000 | 1,583,000 | 1,633,000 | 1,622,000 | 1,639,000 | 1,651,000 | 1,795,000 | 1,832,000 | 1,322,000 | 1,266,000 | 1,216,000 | 1,196,000 | 1,158,000 | 1,118,000 | 1,088,000 | 1,056,000 | 1,021,000 | 1,012,000 | 995,000 | 978,000 | 936,000 | 896,000 | 868,000 | 812,000 | 625,000 | 549,000 |
other assets | 7,184,000 | 8,453,000 | 7,078,000 | 7,047,000 | 8,300,000 | 7,525,000 | 6,174,000 | 6,592,000 | 6,036,000 | 4,665,000 | 5,395,000 | 6,430,000 | 6,943,000 | 6,847,000 | 6,037,000 | 5,061,000 | 5,162,000 | 5,005,000 | 4,568,000 | 5,127,000 | 4,610,000 | 3,708,000 | 4,059,000 | 4,120,000 | 3,503,000 | 3,439,000 | 3,920,000 | 1,982,000 | 2,042,000 | 577,000 | 1,414,000 | 1,025,000 | 920,000 | 861,000 | 1,553,000 | 1,393,000 | 1,418,000 | 1,499,000 | 1,583,000 | 1,126,000 | 774,000 | 711,000 | 626,000 | 699,000 | 736,000 | 795,000 |
total assets | 1,425,378,000 | 1,493,571,000 | 1,411,311,000 | 1,345,742,000 | 1,293,634,000 | 1,368,469,000 | 1,302,086,000 | 1,242,689,000 | 1,201,904,000 | 1,218,860,000 | 1,149,128,000 | 830,795,000 | 800,074,000 | 819,620,000 | 776,637,000 | 776,758,000 | 769,883,000 | 786,759,000 | 750,215,000 | 738,882,000 | 708,423,000 | 707,006,000 | 687,502,000 | 654,727,000 | 643,716,000 | 646,396,000 | 626,761,000 | 279,982,000 | 256,281,000 | 231,111,000 | 200,448,000 | 181,694,000 | 178,637,000 | 157,715,000 | 155,590,000 | 154,193,000 | 139,822,000 | 143,143,000 | 129,922,000 | 122,696,000 | 124,306,000 | 143,895,000 | 146,320,000 | 151,330,000 | 154,264,000 | 164,551,000 |
workiva inc. condensed consolidated balance sheets | ||||||||||||||||||||||||||||||||||||||||||||||
liabilities and stockholders’ deficit | ||||||||||||||||||||||||||||||||||||||||||||||
current liabilities | ||||||||||||||||||||||||||||||||||||||||||||||
accounts payable | 10,665,000 | 8,932,000 | 11,010,000 | 10,905,000 | 14,761,000 | 7,747,000 | 13,346,000 | 8,229,000 | 9,911,000 | 5,204,000 | 4,909,000 | 5,312,000 | 6,394,000 | 6,174,000 | 9,674,000 | 5,797,000 | 8,379,000 | 4,114,000 | 4,018,000 | 3,704,000 | 4,716,000 | 2,843,000 | 3,651,000 | 3,813,000 | 5,501,000 | 7,057,000 | 4,895,000 | 4,768,000 | 3,182,000 | 5,461,000 | 5,053,000 | 4,688,000 | 5,913,000 | 3,060,000 | 1,861,000 | 1,191,000 | 1,867,000 | 849,000 | 5,637,000 | 4,965,000 | 4,156,000 | 5,138,000 | 4,730,000 | 3,875,000 | 2,621,000 | 3,011,000 |
accrued expenses and other current liabilities | 89,316,000 | 113,115,000 | 120,159,000 | 118,588,000 | 93,495,000 | 126,508,000 | 111,029,000 | 113,339,000 | 89,437,000 | 97,921,000 | 94,158,000 | 91,118,000 | 79,342,000 | 83,999,000 | 84,890,000 | 85,863,000 | 71,589,000 | 84,126,000 | 78,799,000 | 76,682,000 | 60,110,000 | 68,256,000 | 63,444,000 | 56,387,000 | 42,762,000 | 49,930,000 | 47,302,000 | 42,147,000 | 33,416,000 | 36,353,000 | 34,146,000 | 30,979,000 | 26,383,000 | 20,212,000 | 20,771,000 | 17,286,000 | 14,898,000 | 20,695,000 | 17,177,000 | 14,697,000 | 14,578,000 | 20,394,000 | 17,228,000 | 13,830,000 | 12,195,000 | 16,765,000 |
deferred revenue | 514,310,000 | 547,919,000 | 489,694,000 | 461,267,000 | 438,513,000 | 457,608,000 | 414,229,000 | 384,105,000 | 367,060,000 | 380,843,000 | 338,418,000 | 327,365,000 | 309,781,000 | 316,263,000 | 280,594,000 | 272,731,000 | 259,387,000 | 258,023,000 | 235,754,000 | 224,952,000 | 212,025,000 | 208,990,000 | 182,700,000 | 171,378,000 | 172,369,000 | 173,617,000 | 156,352,000 | 156,234,000 | 149,943,000 | 148,545,000 | 128,435,000 | 118,490,000 | 110,943,000 | 104,684,000 | 99,149,000 | 91,914,000 | 79,087,000 | 76,016,000 | 63,629,000 | 57,291,000 | 53,101,000 | 55,741,000 | 51,047,000 | 47,786,000 | 42,976,000 | 42,605,000 |
convertible senior notes, current | 71,140,000 | 71,072,000 | 71,004,000 | 70,937,000 | 298,661,000 | 296,341,000 | ||||||||||||||||||||||||||||||||||||||||
finance lease obligations | 623,000 | 614,000 | 586,000 | 578,000 | 570,000 | 562,000 | 555,000 | 547,000 | 540,000 | 532,000 | 525,000 | 518,000 | 511,000 | 504,000 | 609,000 | 936,000 | 1,257,000 | 1,575,000 | 1,776,000 | 1,752,000 | 1,728,000 | 1,705,000 | ||||||||||||||||||||||||
total current liabilities | 686,054,000 | 741,652,000 | 692,453,000 | 662,275,000 | 547,339,000 | 592,425,000 | 539,159,000 | 506,220,000 | 466,948,000 | 484,500,000 | 438,010,000 | 424,313,000 | 396,028,000 | 406,940,000 | 375,767,000 | 365,327,000 | 340,612,000 | 646,499,000 | 616,688,000 | 307,090,000 | 278,579,000 | 281,794,000 | 251,224,000 | 232,973,000 | 221,993,000 | 231,932,000 | 209,844,000 | 204,434,000 | 187,794,000 | 191,581,000 | 169,043,000 | 155,359,000 | 144,529,000 | 129,341,000 | 123,778,000 | 112,558,000 | 97,962,000 | 99,887,000 | 89,059,000 | 79,601,000 | 74,608,000 | 84,084,000 | 77,645,000 | 70,240,000 | 62,315,000 | 66,730,000 |
convertible senior notes, non-current | 696,807,000 | 696,263,000 | 695,719,000 | 695,175,000 | 765,501,000 | 764,891,000 | 764,281,000 | 763,672,000 | 763,063,000 | 762,455,000 | 761,847,000 | 340,907,000 | 340,582,000 | 340,257,000 | 339,932,000 | 339,608,000 | 339,283,000 | |||||||||||||||||||||||||||||
deferred revenue, non-current | 35,001,000 | 37,305,000 | 38,822,000 | 32,443,000 | 33,104,000 | 29,681,000 | 27,527,000 | 27,694,000 | 31,085,000 | 36,177,000 | 38,216,000 | 39,822,000 | 35,601,000 | 38,237,000 | 37,498,000 | 34,063,000 | 33,204,000 | 34,181,000 | 31,463,000 | 32,219,000 | 32,888,000 | 35,894,000 | 34,756,000 | 29,294,000 | 31,626,000 | 32,569,000 | 31,467,000 | 28,049,000 | 25,933,000 | 25,171,000 | 20,650,000 | 21,835,000 | 20,968,000 | |||||||||||||
other long-term liabilities | 102,000 | 92,000 | 284,000 | 292,000 | 238,000 | 227,000 | 236,000 | 221,000 | 212,000 | 178,000 | 1,539,000 | 1,527,000 | 1,533,000 | 1,518,000 | 1,353,000 | 1,380,000 | 1,602,000 | 1,605,000 | 1,335,000 | 1,338,000 | 1,683,000 | 1,680,000 | 1,748,000 | 1,778,000 | 1,569,000 | 1,498,000 | 1,387,000 | 1,284,000 | 969,000 | 6,891,000 | 5,428,000 | 4,056,000 | 3,966,000 | 3,896,000 | 4,008,000 | 3,985,000 | 4,092,000 | 4,100,000 | 4,064,000 | 4,026,000 | 3,491,000 | 3,343,000 | 3,208,000 | 3,049,000 | 2,962,000 | 2,069,000 |
operating lease liabilities, non-current | 6,965,000 | 10,472,000 | 7,915,000 | 8,890,000 | 9,845,000 | 9,441,000 | 8,062,000 | 8,856,000 | 9,839,000 | 10,890,000 | 9,023,000 | 9,749,000 | 10,948,000 | 12,102,000 | 12,866,000 | 13,688,000 | 15,026,000 | 16,408,000 | 15,231,000 | 16,355,000 | 17,540,000 | 17,209,000 | 18,229,000 | 19,274,000 | 20,422,000 | 18,564,000 | 19,273,000 | 20,038,000 | 20,846,000 | |||||||||||||||||
finance lease obligations, non-current | 13,064,000 | 13,223,000 | 13,045,000 | 13,195,000 | 13,342,000 | 13,488,000 | 13,631,000 | 13,773,000 | 13,913,000 | 14,050,000 | 14,186,000 | 14,320,000 | 14,452,000 | 14,583,000 | 14,711,000 | 14,838,000 | 14,963,000 | 15,087,000 | 15,320,000 | 15,774,000 | 16,221,000 | 16,662,000 | ||||||||||||||||||||||||
total liabilities | 1,437,993,000 | 1,499,007,000 | 1,448,238,000 | 1,412,270,000 | 1,369,369,000 | 1,410,153,000 | 1,352,896,000 | 1,320,436,000 | 1,285,060,000 | 1,308,250,000 | 1,262,821,000 | 830,638,000 | 799,144,000 | 813,637,000 | 782,127,000 | 768,904,000 | 744,690,000 | 713,780,000 | 680,037,000 | 666,816,000 | 638,667,000 | 642,729,000 | 608,004,000 | 583,504,000 | 573,944,000 | 581,053,000 | 556,627,000 | 270,355,000 | 252,425,000 | 240,851,000 | 212,735,000 | 199,358,000 | 187,855,000 | 174,649,000 | 170,062,000 | 160,321,000 | 144,806,000 | 146,268,000 | 129,494,000 | 113,875,000 | 107,745,000 | 118,176,000 | 114,166,000 | 108,753,000 | 103,632,000 | 108,732,000 |
stockholders’ deficit | ||||||||||||||||||||||||||||||||||||||||||||||
class a common stock, 0.001 par value per share... | 53,000 | 53,000 | 52,000 | 52,000 | 52,000 | 52,000 | 52,000 | 51,000 | 51,000 | 50,000 | 50,000 | 50,000 | 49,000 | 49,000 | 49,000 | 48,000 | 48,000 | 47,000 | 45,000 | 43,000 | 42,000 | 41,000 | 40,000 | 39,000 | 38,000 | 38,000 | 38,000 | 37,000 | 36,000 | 34,000 | 34,000 | 33,000 | 33,000 | 32,000 | 31,000 | 31,000 | 30,000 | 30,000 | 30,000 | 30,000 | 29,000 | 29,000 | 29,000 | 28,000 | 28,000 | |
class b common stock, 0.001 par value per share... | 4,000 | 4,000 | 4,000 | 4,000 | 4,000 | 4,000 | 4,000 | 4,000 | 4,000 | 4,000 | 4,000 | 4,000 | 4,000 | 4,000 | 4,000 | 4,000 | 4,000 | 4,000 | 6,000 | 7,000 | 8,000 | 8,000 | 8,000 | 8,000 | 9,000 | 9,000 | 9,000 | 9,000 | 9,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 11,000 | 11,000 | 11,000 | 11,000 | 11,000 | 11,000 | 12,000 | 12,000 | 12,000 | 12,000 | 12,000 | |
preferred stock, 0.001 par value per share... | ||||||||||||||||||||||||||||||||||||||||||||||
additional paid-in-capital | 699,649,000 | 720,923,000 | 701,895,000 | 675,076,000 | 655,377,000 | 672,363,000 | 645,083,000 | 608,804,000 | 584,752,000 | 562,942,000 | 541,093,000 | 595,693,000 | 575,549,000 | 537,732,000 | 522,336,000 | 498,115,000 | 479,867,000 | 525,646,000 | 508,025,000 | 503,350,000 | 491,549,000 | 478,698,000 | 474,969,000 | 456,007,000 | 435,181,000 | 420,170,000 | 408,656,000 | 332,161,000 | 318,151,000 | 297,145,000 | 286,888,000 | 270,560,000 | 257,297,000 | 248,289,000 | 236,386,000 | 230,568,000 | 221,463,000 | 217,454,000 | 213,532,000 | 209,022,000 | 205,284,000 | 202,371,000 | 198,499,000 | 194,356,000 | 191,358,000 | |
accumulated deficit | -714,856,000 | -733,852,000 | -745,668,000 | -748,454,000 | -729,054,000 | -707,683,000 | -698,868,000 | -681,876,000 | -664,328,000 | -652,641,000 | -648,445,000 | -592,176,000 | -571,266,000 | -525,116,000 | -511,214,000 | -481,523,000 | -452,662,000 | -452,430,000 | -438,106,000 | -431,538,000 | -422,024,000 | -414,700,000 | -396,006,000 | -385,499,000 | -365,734,000 | -355,161,000 | -338,863,000 | -322,812,000 | -314,490,000 | -307,027,000 | -299,306,000 | -288,342,000 | -266,574,000 | -265,337,000 | -251,016,000 | -236,943,000 | -226,747,000 | -220,911,000 | -213,395,000 | -200,504,000 | -188,979,000 | -176,934,000 | -166,641,000 | -152,011,000 | -140,982,000 | |
accumulated other comprehensive income | 2,535,000 | 7,436,000 | 6,790,000 | 6,794,000 | -6,420,000 | 2,919,000 | -4,730,000 | -3,635,000 | 255,000 | -288,000 | 208,000 | 204,000 | 181,000 | 230,000 | 487,000 | 668,000 | 278,000 | 287,000 | 294,000 | 232,000 | 150,000 | 98,000 | 87,000 | 75,000 | 16,000 | 72,000 | 116,000 | 205,000 | 259,000 | 291,000 | 250,000 | 262,000 | 215,000 | 241,000 | 255,000 | 192,000 | 216,000 | |||||||||
total stockholders’ deficit | -12,615,000 | -5,436,000 | -36,927,000 | -66,528,000 | -75,735,000 | -41,684,000 | -50,810,000 | -77,747,000 | -83,156,000 | -9,740,000 | -12,287,000 | -17,664,000 | -9,218,000 | -16,934,000 | -14,472,000 | -6,128,000 | -4,984,000 | |||||||||||||||||||||||||||||
total liabilities and stockholders’ deficit | 1,425,378,000 | 1,493,571,000 | 1,411,311,000 | 1,345,742,000 | 1,293,634,000 | 1,368,469,000 | 1,302,086,000 | 1,242,689,000 | 1,201,904,000 | 231,111,000 | 200,448,000 | 181,694,000 | 178,637,000 | 157,715,000 | 155,590,000 | 154,193,000 | 139,822,000 | |||||||||||||||||||||||||||||
workiva inc. consolidated balance sheets | ||||||||||||||||||||||||||||||||||||||||||||||
accumulated other comprehensive loss | -2,114,000 | -6,395,000 | -3,414,000 | -3,406,000 | -6,686,000 | -16,665,000 | -8,790,000 | -2,064,000 | ||||||||||||||||||||||||||||||||||||||
liabilities and stockholders’ (deficit) equity | ||||||||||||||||||||||||||||||||||||||||||||||
stockholders’ (deficit) equity | ||||||||||||||||||||||||||||||||||||||||||||||
total stockholders’ (deficit) equity | -89,390,000 | -113,693,000 | -5,490,000 | -3,125,000 | ||||||||||||||||||||||||||||||||||||||||||
total liabilities and stockholders’ (deficit) equity | 1,218,860,000 | 1,149,128,000 | 776,637,000 | 143,143,000 | ||||||||||||||||||||||||||||||||||||||||||
liabilities and stockholders’ equity | ||||||||||||||||||||||||||||||||||||||||||||||
stockholders’ equity | ||||||||||||||||||||||||||||||||||||||||||||||
total stockholders’ equity | 157,000 | 930,000 | 5,983,000 | 7,854,000 | 25,193,000 | 72,979,000 | 70,178,000 | 72,066,000 | 69,756,000 | 64,277,000 | 79,498,000 | 71,223,000 | 69,772,000 | 65,343,000 | 70,134,000 | 9,627,000 | 3,856,000 | 428,000 | 8,821,000 | 16,561,000 | 25,719,000 | 32,154,000 | 42,577,000 | 50,632,000 | ||||||||||||||||||||||
total liabilities and stockholders’ equity | 830,795,000 | 800,074,000 | 819,620,000 | 776,758,000 | 769,883,000 | 786,759,000 | 750,215,000 | 738,882,000 | 708,423,000 | 707,006,000 | 687,502,000 | 654,727,000 | 643,716,000 | 646,396,000 | 626,761,000 | 279,982,000 | 256,281,000 | 129,922,000 | 122,696,000 | 124,306,000 | 143,895,000 | 146,320,000 | 151,330,000 | 154,264,000 | ||||||||||||||||||||||
deferred commissions | 28,021,000 | 26,646,000 | 22,924,000 | 17,919,000 | 15,650,000 | 12,554,000 | 14,108,000 | 12,740,000 | 11,380,000 | 9,500,000 | 8,178,000 | 5,887,000 | 4,844,000 | 3,845,000 | 2,376,000 | 2,208,000 | 2,021,000 | 1,867,000 | 1,864,000 | 1,634,000 | 1,500,000 | 1,383,000 | 1,368,000 | 953,000 | 738,000 | 706,000 | 852,000 | |||||||||||||||||||
deferred commissions, non-current | 29,234,000 | 28,797,000 | 23,422,000 | 17,572,000 | 14,867,000 | 15,751,000 | 14,977,000 | 13,940,000 | 13,259,000 | 11,296,000 | 10,569,000 | 7,368,000 | 6,462,000 | 5,489,000 | ||||||||||||||||||||||||||||||||
convertible senior notes | 294,040,000 | 291,756,000 | 289,490,000 | 287,242,000 | 285,011,000 | 282,798,000 | 280,601,000 | 278,422,000 | ||||||||||||||||||||||||||||||||||||||
current portion of financing obligations | 1,429,000 | 1,395,000 | 1,361,000 | 1,328,000 | 1,295,000 | 1,285,000 | 1,253,000 | |||||||||||||||||||||||||||||||||||||||
financing obligations, non-current | 14,805,000 | 15,174,000 | 15,536,000 | 15,889,000 | 16,234,000 | 16,550,000 | 16,883,000 | |||||||||||||||||||||||||||||||||||||||
prepaid expenses | 8,148,000 | 7,963,000 | 7,656,000 | 5,727,000 | 8,229,000 | 6,216,000 | 6,444,000 | 6,298,000 | 11,416,000 | 8,580,000 | 9,382,000 | |||||||||||||||||||||||||||||||||||
current portion of capital lease and financing obligations | 1,222,000 | 1,181,000 | 1,160,000 | 1,161,000 | 1,168,000 | 1,184,000 | 1,242,000 | 1,258,000 | 1,285,000 | 1,432,000 | 1,625,000 | 1,732,000 | 1,808,000 | 1,985,000 | 2,072,000 | 1,961,000 | 1,941,000 | |||||||||||||||||||||||||||||
capital lease and financing obligations | 17,208,000 | 17,533,000 | 17,841,000 | 18,134,000 | 18,425,000 | 18,709,000 | 18,999,000 | 19,473,000 | 19,743,000 | 20,013,000 | 20,358,000 | 20,727,000 | 21,083,000 | 21,505,000 | 21,982,000 | 22,233,000 | 22,747,000 | |||||||||||||||||||||||||||||
deferred government grant obligation | 228,000 | 42,000 | 129,000 | 217,000 | 813,000 | 904,000 | 832,000 | 1,022,000 | 1,164,000 | 1,003,000 | 1,023,000 | 985,000 | 2,637,000 | 2,642,000 | 2,503,000 | 2,324,000 | ||||||||||||||||||||||||||||||
workiva inc. | ||||||||||||||||||||||||||||||||||||||||||||||
consolidated balance sheets | ||||||||||||||||||||||||||||||||||||||||||||||
current portion of long-term debt | 21,000 | 20,000 | 20,000 | 20,000 | 20,000 | 18,000 | 18,000 | 18,000 | 35,000 | 59,000 | 84,000 | |||||||||||||||||||||||||||||||||||
long-term debt | 32,000 | 53,000 | 53,000 | 53,000 | 53,000 | 73,000 | 73,000 | 73,000 | 73,000 | 91,000 | 91,000 | |||||||||||||||||||||||||||||||||||
prepaid expenses and other current assets | 4,972,000 | 5,387,000 | 4,063,000 | 3,875,000 | 3,282,000 | 3,064,000 | 2,998,000 | 3,143,000 | ||||||||||||||||||||||||||||||||||||||
restricted cash | 73,000 | 401,000 | ||||||||||||||||||||||||||||||||||||||||||||
commitments and contingencies | ||||||||||||||||||||||||||||||||||||||||||||||
restricted marketable securities | ||||||||||||||||||||||||||||||||||||||||||||||
liabilities, stockholders’ equity and members’ deficit | ||||||||||||||||||||||||||||||||||||||||||||||
construction liability |
Cashflow Statements:
Quarterly
Annual
| Unit: USD | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-12-31 | 2019-09-30 | 2019-06-30 | 2019-03-31 | 2018-12-31 | 2018-09-30 | 2018-06-30 | 2018-03-31 | 2017-12-31 | 2017-09-30 | 2017-06-30 | 2017-03-31 | 2016-12-31 | 2016-09-30 | 2016-06-30 | 2016-03-31 | 2015-12-31 | 2015-09-30 | 2015-06-30 | 2015-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
cash flows from operating activities | |||||||||||||||||||||||||||||||||||||||||||||
net income | 18,996,000 | -7,447,000 | |||||||||||||||||||||||||||||||||||||||||||
adjustments to reconcile net income to net cash from operating activities | |||||||||||||||||||||||||||||||||||||||||||||
depreciation and amortization | 2,516,000 | 8,303,000 | -262,000 | 56,000 | 2,893,000 | 7,997,000 | 442,000 | 42,000 | 2,522,000 | 8,454,000 | -181,000 | 67,000 | 2,800,000 | 7,531,000 | -44,000 | 766,000 | 1,959,000 | 3,815,000 | 332,000 | 43,000 | 1,054,000 | 3,136,000 | 29,000 | -11,000 | 1,142,000 | 3,102,000 | 87,000 | 68,000 | 903,000 | 2,648,000 | 257,000 | 4,000 | 872,000 | 2,692,000 | -13,000 | -24,000 | 891,000 | 2,876,000 | -31,000 | -22,000 | 997,000 | 3,352,000 | -69,000 | -42,000 | 1,169,000 |
stock-based compensation expense | 28,607,000 | 92,699,000 | 1,779,000 | 579,000 | 27,888,000 | 74,680,000 | 2,068,000 | 2,395,000 | 23,007,000 | 79,388,000 | -1,233,000 | -17,432,000 | 38,042,000 | 50,363,000 | 1,850,000 | 3,138,000 | 15,309,000 | 35,946,000 | 1,635,000 | -571,000 | 11,623,000 | 35,170,000 | -4,293,000 | 4,958,000 | 9,936,000 | 26,561,000 | 710,000 | 320,000 | 8,193,000 | 23,892,000 | -3,516,000 | 4,560,000 | 5,905,000 | 14,812,000 | 267,000 | 258,000 | 4,139,000 | 10,577,000 | 168,000 | 112,000 | 3,390,000 | 7,918,000 | 462,000 | 446,000 | 2,174,000 |
(recovery of) provision for doubtful accounts | -118,000 | -123,000 | -118,000 | 12,000 | -187,000 | 174,000 | |||||||||||||||||||||||||||||||||||||||
accretion of premiums and discounts on marketable securities | -801,000 | -4,025,000 | 271,000 | 305,000 | -1,695,000 | ||||||||||||||||||||||||||||||||||||||||
amortization of debt discount and issuance costs | 612,000 | 1,833,000 | 0 | 1,000 | 610,000 | 1,827,000 | 6,870,000 | 17,000 | 18,000 | 2,266,000 | 6,658,000 | 18,000 | 16,000 | 2,197,000 | 2,179,000 | ||||||||||||||||||||||||||||||
gain on lease modification | -307,000 | ||||||||||||||||||||||||||||||||||||||||||||
deferred income tax | -269,000 | -398,000 | 15,000 | 51,000 | -64,000 | -628,000 | -5,000 | 299,000 | -295,000 | 0 | -21,000 | 17,000 | -10,000 | 481,000 | -6,000 | 274,000 | -211,000 | -1,043,000 | -1,292,000 | 708,000 | -346,000 | 194,000 | -44,000 | 7,000 | -10,000 | -18,000 | -5,000 | -37,000 | 17,000 | ||||||||||||||||
changes in assets and liabilities: | |||||||||||||||||||||||||||||||||||||||||||||
accounts receivable | 30,156,000 | 5,775,000 | -22,746,000 | -31,140,000 | 30,636,000 | -9,165,000 | 18,080,000 | -70,214,000 | 36,947,000 | -3,084,000 | -8,348,000 | -36,249,000 | 29,363,000 | -20,966,000 | -3,083,000 | -11,425,000 | 6,581,000 | -9,757,000 | 14,180,000 | -27,371,000 | 15,265,000 | 5,279,000 | -17,154,000 | -10,418,000 | 14,265,000 | 1,587,000 | 446,000 | -11,685,000 | 14,818,000 | -18,525,000 | -1,455,000 | -6,778,000 | 6,542,000 | -4,789,000 | 2,471,000 | -5,914,000 | 2,686,000 | -3,092,000 | -2,165,000 | -963,000 | -881,000 | -5,127,000 | 631,000 | 327,000 | -911,000 |
deferred costs | 2,878,000 | -11,015,000 | -2,705,000 | -4,105,000 | 4,093,000 | -29,531,000 | 6,653,000 | -13,004,000 | 1,405,000 | -2,839,000 | 1,754,000 | -408,000 | 1,770,000 | -7,124,000 | 1,362,000 | -4,178,000 | 1,444,000 | ||||||||||||||||||||||||||||
operating lease right-of-use assets | 1,260,000 | 4,206,000 | 53,000 | 48,000 | 1,329,000 | ||||||||||||||||||||||||||||||||||||||||
other receivables | 2,439,000 | 706,000 | -655,000 | -1,053,000 | 994,000 | 2,861,000 | -6,092,000 | 4,153,000 | 194,000 | -620,000 | -1,175,000 | -476,000 | 95,000 | -1,128,000 | -912,000 | 205,000 | 180,000 | 237,000 | -1,213,000 | 746,000 | -161,000 | -904,000 | 166,000 | 311,000 | -253,000 | -833,000 | -578,000 | 375,000 | -214,000 | 386,000 | -739,000 | 121,000 | 27,000 | 109,000 | 1,333,000 | -1,705,000 | 840,000 | -367,000 | -507,000 | 366,000 | -224,000 | -479,000 | 380,000 | -236,000 | -188,000 |
prepaid expenses and other | -5,221,000 | -5,624,000 | -3,650,000 | 8,844,000 | -5,653,000 | 1,109,000 | -4,349,000 | 6,966,000 | -2,273,000 | -8,475,000 | 5,157,000 | 4,027,000 | -5,732,000 | -6,506,000 | 5,184,000 | -459,000 | -1,132,000 | -5,498,000 | -1,746,000 | 4,469,000 | -3,747,000 | -2,281,000 | 679,000 | 1,065,000 | -1,955,000 | -1,893,000 | 119,000 | 2,926,000 | -3,236,000 | -481,000 | 4,521,000 | -2,251,000 | 231,000 | 7,953,000 | -3,634,000 | 804,000 | 1,742,000 | -1,141,000 | -186,000 | -516,000 | -153,000 | -209,000 | 144,000 | ||
other assets | 1,233,000 | -309,000 | -1,433,000 | 2,034,000 | -648,000 | -2,749,000 | 1,029,000 | 525,000 | -1,090,000 | 1,187,000 | 533,000 | 584,000 | -74,000 | -1,301,000 | -1,152,000 | -11,000 | 23,000 | -708,000 | -404,000 | 463,000 | -573,000 | -298,000 | 692,000 | -535,000 | -74,000 | -917,000 | -1,001,000 | 1,522,000 | -1,464,000 | 665,000 | -279,000 | -52,000 | -58,000 | 705,000 | -123,000 | 59,000 | -23,000 | -199,000 | -132,000 | -260,000 | -63,000 | 9,000 | 34,000 | -18,000 | 56,000 |
accounts payable | 1,971,000 | 582,000 | 3,824,000 | -10,406,000 | 6,651,000 | -2,389,000 | 6,672,000 | -6,610,000 | 4,726,000 | -616,000 | 702,000 | -1,295,000 | 207,000 | -1,493,000 | 6,231,000 | -6,664,000 | 4,364,000 | 494,000 | 1,650,000 | -3,080,000 | 1,908,000 | -3,925,000 | 1,511,000 | -310,000 | -1,382,000 | 1,637,000 | -690,000 | 2,768,000 | -1,562,000 | 1,083,000 | 1,910,000 | -3,971,000 | 2,677,000 | 1,537,000 | 1,347,000 | -1,695,000 | 1,017,000 | -4,209,000 | -518,000 | 1,493,000 | -696,000 | 1,474,000 | -405,000 | 1,105,000 | 157,000 |
deferred revenue | -33,255,000 | 52,848,000 | 20,431,000 | 33,862,000 | -18,438,000 | 47,234,000 | 13,527,000 | 30,605,000 | -17,526,000 | 48,992,000 | -9,940,000 | 31,015,000 | -9,955,000 | 46,882,000 | 1,583,000 | 12,586,000 | 606,000 | 37,470,000 | -1,951,000 | 11,721,000 | 179,000 | 21,297,000 | 19,822,000 | -2,412,000 | -1,228,000 | 28,209,000 | -4,465,000 | 6,308,000 | 1,987,000 | 31,514,000 | -117,000 | 11,092,000 | -2,345,000 | 23,463,000 | -8,494,000 | 10,302,000 | 4,096,000 | 20,983,000 | 7,829,000 | 8,614,000 | -3,215,000 | 5,611,000 | -828,000 | 3,186,000 | -672,000 |
operating lease liabilities | -1,167,000 | -3,148,000 | 114,000 | -256,000 | -831,000 | ||||||||||||||||||||||||||||||||||||||||
accrued expenses and other liabilities | -23,054,000 | -19,290,000 | -21,794,000 | 57,247,000 | -33,764,000 | 23,747,000 | -20,342,000 | 25,342,000 | -8,261,000 | 7,814,000 | -8,161,000 | 16,509,000 | -4,880,000 | -934,000 | -13,911,000 | 25,869,000 | -12,481,000 | 12,508,000 | -13,962,000 | 24,080,000 | -7,957,000 | 9,971,000 | -6,916,000 | 21,758,000 | -8,023,000 | 6,822,000 | -3,563,000 | 13,507,000 | -4,541,000 | 5,617,000 | -1,373,000 | 5,397,000 | -755,000 | -4,232,000 | 1,220,000 | 8,065,000 | -5,811,000 | -1,806,000 | 1,963,000 | 6,316,000 | -5,869,000 | 1,812,000 | 1,532,000 | 5,938,000 | -3,892,000 |
net cash from operating activities | 26,476,000 | 93,915,000 | -4,156,000 | 57,669,000 | -7,358,000 | 68,800,000 | 18,920,000 | -24,858,000 | 24,844,000 | 55,884,000 | -10,988,000 | 20,416,000 | 5,563,000 | 6,479,000 | -3,829,000 | 9,621,000 | -937,000 | 33,531,000 | 3,553,000 | 1,257,000 | 11,503,000 | 25,444,000 | 686,000 | 2,364,000 | 4,749,000 | 25,869,000 | -14,066,000 | 13,644,000 | 5,119,000 | -1,182,000 | 10,128,000 | -4,329,000 | 1,783,000 | 334,000 | 1,204,000 | 1,402,000 | 2,580,000 | -13,162,000 | 6,829,000 | 15,042,000 | -19,078,000 | -16,874,000 | -2,110,000 | 6,621,000 | -9,229,000 |
capital expenditures | -1,984,000 | 904,000 | -232,000 | -321,000 | -1,120,000 | -135,000 | 95,000 | -203,000 | -1,229,000 | -256,000 | -441,000 | -2,435,000 | -352,000 | -139,000 | -270,000 | -2,763,000 | 40,000 | 38,000 | -849,000 | -1,494,000 | 317,000 | -8,000 | -688,000 | -2,441,000 | -209,000 | 1,289,000 | 583,000 | -462,000 | -122,000 | 166,000 | -201,000 | -961,000 | 95,000 | -1,810,000 | 929,000 | -168,000 | -347,000 | -1,214,000 | -470,000 | 712,000 | -871,000 | ||||
free cash flows | 91,931,000 | -3,252,000 | 57,437,000 | -7,679,000 | 67,680,000 | 18,785,000 | -24,763,000 | 24,641,000 | 54,655,000 | -11,244,000 | 19,975,000 | 4,044,000 | -4,181,000 | 9,482,000 | -1,207,000 | 30,768,000 | 3,593,000 | 1,295,000 | 10,654,000 | 23,950,000 | 1,003,000 | 2,356,000 | 4,061,000 | 23,428,000 | -14,275,000 | 14,933,000 | -599,000 | 9,666,000 | -4,451,000 | 1,949,000 | 133,000 | 243,000 | 1,497,000 | -14,972,000 | 7,758,000 | 14,874,000 | -19,425,000 | -18,088,000 | -2,580,000 | 7,333,000 | -10,100,000 | ||||
cash flows from investing activities | |||||||||||||||||||||||||||||||||||||||||||||
purchase of property and equipment | -728,000 | -1,984,000 | 904,000 | -232,000 | -763,000 | -1,120,000 | -135,000 | 95,000 | -203,000 | -1,229,000 | -256,000 | -441,000 | -198,000 | -2,435,000 | -352,000 | -139,000 | -532,000 | -2,763,000 | 40,000 | 38,000 | -849,000 | -1,494,000 | 317,000 | -8,000 | -688,000 | -2,441,000 | -209,000 | 1,289,000 | -1,743,000 | -599,000 | -313,000 | -201,000 | -9,000 | -201,000 | -961,000 | 95,000 | -121,000 | -1,810,000 | 506,000 | -185,000 | -412,000 | -1,214,000 | -470,000 | 712,000 | -871,000 |
purchase of marketable securities | -91,501,000 | -318,171,000 | -4,336,000 | -20,000 | -102,965,000 | -243,713,000 | -123,536,000 | 81,581,000 | -116,567,000 | -428,315,000 | -93,785,000 | 74,611,000 | -125,815,000 | -89,136,000 | -17,820,000 | 10,350,000 | -34,148,000 | -121,857,000 | 3,004,000 | -7,562,000 | -43,655,000 | -167,946,000 | 8,477,000 | 4,375,000 | -20,832,000 | -57,816,000 | -36,187,000 | 3,593,000 | -22,155,000 | -18,218,000 | 4,842,000 | -9,352,000 | -2,758,000 | 1,832,000 | -4,091,000 | -8,377,000 | |||||||||
maturities of marketable securities | 114,350,000 | 293,123,000 | -2,388,000 | 5,124,000 | 94,614,000 | 343,030,000 | 1,893,000 | -22,540,000 | 129,640,000 | 116,452,000 | 28,906,000 | -23,905,000 | 31,905,000 | 110,494,000 | -465,000 | 14,286,000 | 26,250,000 | 97,580,000 | 15,373,000 | -10,380,000 | 40,586,000 | 46,622,000 | 3,238,000 | 87,000 | 12,975,000 | 25,340,000 | -10,000,000 | 4,110,000 | 7,390,000 | 15,800,000 | 700,000 | 3,400,000 | 500,000 | 6,451,000 | 980,000 | -1,151,000 | 3,001,000 | ||||||||
acquisitions, net of cash acquired | -750,000 | -98,279,000 | 98,467,000 | ||||||||||||||||||||||||||||||||||||||||||
purchase of intangible assets | -26,000 | -346,000 | -4,000 | -22,000 | -19,000 | -147,000 | -3,000 | -10,000 | -31,000 | -187,000 | -8,000 | 39,000 | -79,000 | -98,000 | -56,000 | 34,000 | -40,000 | -155,000 | -12,000 | 19,000 | -71,000 | -194,000 | -28,000 | 3,000 | -77,000 | -683,000 | 526,000 | -493,000 | -84,000 | -205,000 | 18,000 | 0 | -64,000 | -142,000 | 3,000 | -27,000 | -31,000 | -152,000 | 21,000 | -4,000 | -55,000 | -320,000 | 129,000 | -112,000 | -83,000 |
net cash from investing activities | 21,345,000 | -24,845,000 | -5,824,000 | 4,850,000 | -9,133,000 | 4,380,000 | -23,314,000 | -43,763,000 | 17,448,000 | -248,227,000 | -86,482,000 | 27,930,000 | -50,474,000 | -65,380,000 | 80,493,000 | -89,636,000 | 6,511,000 | -30,095,000 | -16,162,000 | -18,385,000 | -3,989,000 | -111,589,000 | 12,004,000 | -6,966,000 | 2,801,000 | -35,600,000 | -46,372,000 | 8,499,000 | -16,592,000 | -3,222,000 | 5,247,000 | -8,084,000 | 427,000 | -3,244,000 | -2,736,000 | 749,000 | -1,242,000 | 3,934,000 | -1,075,000 | -3,380,000 | 4,326,000 | -6,402,000 | -13,021,000 | 600,000 | -954,000 |
workiva inc.condensed consolidated statements of cash flows | |||||||||||||||||||||||||||||||||||||||||||||
cash flows from financing activities | |||||||||||||||||||||||||||||||||||||||||||||
proceeds from option exercises | 729,000 | 5,780,000 | -1,363,000 | 1,172,000 | 631,000 | 1,636,000 | 2,983,000 | -12,000 | 302,000 | 3,352,000 | 373,000 | -710,000 | 1,457,000 | 2,648,000 | -520,000 | 320,000 | 825,000 | 13,426,000 | 1,694,000 | -2,658,000 | 4,138,000 | 14,394,000 | -1,869,000 | 3,870,000 | 2,794,000 | 18,212,000 | 442,000 | -5,557,000 | 11,055,000 | 9,128,000 | 4,216,000 | 243,000 | 3,075,000 | 11,331,000 | -3,555,000 | 3,903,000 | 806,000 | 757,000 | 604,000 | -48,000 | 284,000 | 1,182,000 | 709,000 | 273,000 | 80,000 |
taxes paid related to net share settlements of stock-based compensation awards | -8,662,000 | -22,645,000 | 540,000 | 12,353,000 | -12,922,000 | -10,285,000 | 467,000 | 6,971,000 | -8,611,000 | -8,475,000 | 228,000 | 6,016,000 | -7,228,000 | -11,803,000 | 606,000 | 7,226,000 | -8,570,000 | -11,335,000 | -15,078,000 | 6,415,000 | -7,146,000 | 647,000 | -1,379,000 | -390,000 | 823,000 | -1,342,000 | -936,000 | -761,000 | |||||||||||||||||
proceeds from shares issued in connection with employee stock purchase plan | 8,052,000 | 7,535,000 | 7,535,000 | 7,113,000 | 7,113,000 | 5,546,000 | 5,546,000 | 5,218,000 | 5,218,000 | 4,237,000 | 4,237,000 | 3,660,000 | 3,660,000 | 2,149,000 | 2,149,000 | 1,370,000 | 1,370,000 | ||||||||||||||||||||||||||||
repurchases of class a common stock | -50,000,000 | -61,627,000 | 1,000 | 30,116,000 | -40,118,000 | ||||||||||||||||||||||||||||||||||||||||
principal payments on finance lease obligations | -150,000 | -419,000 | -2,000 | -1,000 | -138,000 | -398,000 | -2,000 | -3,000 | -129,000 | -378,000 | -2,000 | -1,000 | -124,000 | -1,121,000 | -8,000 | -4,000 | -442,000 | -1,275,000 | -6,000 | -7,000 | -417,000 | ||||||||||||||||||||||||
net cash from financing activities | -50,031,000 | -71,376,000 | 5,339,000 | 36,105,000 | -45,012,000 | -1,934,000 | 10,157,000 | -157,000 | -1,325,000 | 45,000 | 301,810,000 | -241,000 | -349,000 | -5,058,000 | 4,116,000 | 2,324,000 | -2,969,000 | 5,053,000 | -8,766,000 | -487,000 | 812,000 | 3,091,000 | 2,423,000 | 849,000 | 4,755,000 | 19,064,000 | 339,109,000 | -7,323,000 | 12,520,000 | 7,783,000 | 6,566,000 | -278,000 | 2,805,000 | 9,140,000 | -3,529,000 | 4,638,000 | -427,000 | -1,197,000 | 593,000 | 435,000 | -726,000 | -1,860,000 | 1,238,000 | 603,000 | -1,083,000 |
effect of foreign exchange rates on cash | -2,299,000 | 7,776,000 | -5,927,000 | 3,219,000 | 1,889,000 | -5,959,000 | 2,748,000 | 749,000 | -1,107,000 | 2,876,000 | -1,848,000 | 61,000 | 548,000 | 526,000 | -713,000 | -1,822,000 | 85,000 | 135,000 | -715,000 | 294,000 | 16,000 | 132,000 | 211,000 | 748,000 | -613,000 | 414,000 | -237,000 | 5,000 | 105,000 | -476,000 | 168,000 | 7,000 | -92,000 | 90,000 | 11,000 | 70,000 | 12,000 | -1,000 | -49,000 | 86,000 | -46,000 | 93,000 | 16,000 | -47,000 | 28,000 |
net decrease in cash, cash equivalents, and restricted cash | -4,509,000 | ||||||||||||||||||||||||||||||||||||||||||||
cash, cash equivalents, and restricted cash at beginning of period | 339,481,000 | 42,229,000 | -59,614,000 | 302,350,000 | |||||||||||||||||||||||||||||||||||||||||
cash, cash equivalents, and restricted cash at end of period | 334,972,000 | 31,661,000 | 42,229,000 | 242,736,000 | |||||||||||||||||||||||||||||||||||||||||
supplemental cash flow disclosure | |||||||||||||||||||||||||||||||||||||||||||||
cash paid for interest | 4,976,000 | 4,786,000 | -4,790,000 | 4,979,000 | 4,786,000 | -4,709,000 | 4,906,000 | 1,956,000 | -1,942,000 | 2,146,000 | 2,590,000 | 1,934,000 | -1,947,000 | 2,165,000 | 2,660,000 | 1,935,000 | -1,946,000 | 2,188,000 | 2,752,000 | 1,933,000 | -1,938,000 | 2,320,000 | 1,284,000 | -14,000 | -42,000 | 464,000 | 1,298,000 | 1,000 | 2,000 | 433,000 | 1,180,000 | -1,000 | 150,000 | 298,000 | 1,235,000 | 130,000 | 148,000 | 322,000 | 1,560,000 | -8,000 | 73,000 | 423,000 | |||
cash paid for income taxes, net of refunds | 1,923,000 | -1,797,000 | -548,000 | 3,029,000 | -794,000 | 1,229,000 | 952,000 | -594,000 | 875,000 | 323,000 | 1,204,000 | -213,000 | 248,000 | 190,000 | -77,000 | -50,000 | 66,000 | 20,000 | 595,000 | -143,000 | 68,000 | 159,000 | 291,000 | 52,000 | -205,000 | 233,000 | 52,000 | 2,000 | 40,000 | -25,000 | 13,000 | 14,000 | 73,000 | -66,000 | 32,000 | 8,000 | |||||||||
noncash investing and financing activities | |||||||||||||||||||||||||||||||||||||||||||||
purchases of property and equipment, accrued but not paid | 442,000 | 262,000 | 1,182,000 | -149,000 | 79,000 | 175,000 | 423,000 | 17,000 | 65,000 | ||||||||||||||||||||||||||||||||||||
reconciliation of cash, cash equivalents, and restricted cash to the consolidated balance sheets | |||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents at end of period | 334,260,000 | 31,661,000 | 42,229,000 | 242,024,000 | -19,658,000 | -28,169,000 | 296,066,000 | 205,946,000 | 3,454,000 | 195,485,000 | 3,244,000 | -76,823,000 | 303,076,000 | -31,069,000 | -8,979,000 | 331,173,000 | 24,011,000 | 8,687,000 | 393,434,000 | 294,411,000 | 15,977,000 | 78,736,000 | 14,348,000 | -7,761,000 | 65,256,000 | 2,732,000 | 7,782,000 | 52,204,000 | 2,957,000 | -3,341,000 | 43,226,000 | -17,338,000 | -3,461,000 | 89,893,000 | |||||||||||
restricted cash included within prepaid expenses and other at end of period | 712,000 | 0 | 0 | 712,000 | 0 | 0 | 515,000 | ||||||||||||||||||||||||||||||||||||||
total cash, cash equivalents, and restricted cash at end of period shown in the consolidated statements of cash flows | 334,972,000 | 31,661,000 | 42,229,000 | 242,736,000 | -19,658,000 | -28,169,000 | 296,581,000 | ||||||||||||||||||||||||||||||||||||||
net loss | 1,971,000 | -21,371,000 | -38,050,000 | 556,000 | -5,861,000 | -11,687,000 | -71,256,000 | -35,359,000 | 25,240,000 | -46,150,000 | -61,256,000 | -830,000 | -10,368,000 | -18,493,000 | -31,162,000 | 2,946,000 | -2,190,000 | -7,324,000 | -37,891,000 | 9,258,000 | -9,192,000 | -10,573,000 | -32,083,000 | -7,729,000 | -859,000 | -7,463,000 | -39,107,000 | 10,804,000 | -12,150,000 | -9,618,000 | -30,353,000 | -3,877,000 | -4,360,000 | -5,836,000 | -31,086,000 | -1,366,000 | 520,000 | -12,045,000 | -28,769,000 | -3,601,000 | |||||
adjustments to reconcile net loss to net cash from operating activities | |||||||||||||||||||||||||||||||||||||||||||||
induced conversion expense | 0 | ||||||||||||||||||||||||||||||||||||||||||||
realized loss on sale of available-for-sale securities | -414,000 | 561,000 | -6,000 | ||||||||||||||||||||||||||||||||||||||||||
sale of marketable securities | 4,609,000 | -22,374,000 | 43,713,000 | 14,981,000 | 11,423,000 | 0 | -2,389,000 | 4,793,000 | 3,509,000 | ||||||||||||||||||||||||||||||||||||
workiva inc. consolidated statements of cash flows | |||||||||||||||||||||||||||||||||||||||||||||
proceeds from the issuance of convertible senior notes, net of issuance costs | 0 | 0 | |||||||||||||||||||||||||||||||||||||||||||
payments for repurchase of convertible senior notes | 0 | ||||||||||||||||||||||||||||||||||||||||||||
net increase in cash, cash equivalents, and restricted cash | 5,470,000 | -10,568,000 | 101,843,000 | -59,614,000 | 65,287,000 | ||||||||||||||||||||||||||||||||||||||||
cash, cash equivalents, and restricted cash at beginning of year | |||||||||||||||||||||||||||||||||||||||||||||
cash, cash equivalents, and restricted cash at end of year | |||||||||||||||||||||||||||||||||||||||||||||
provision for (recovery of) doubtful accounts | 12,000 | 37,000 | 106,000 | 65,000 | 71,000 | 40,000 | 422,000 | ||||||||||||||||||||||||||||||||||||||
workiva inc.consolidated statements of cash flows | |||||||||||||||||||||||||||||||||||||||||||||
workiva inc. condensed consolidated statements of cash flows | |||||||||||||||||||||||||||||||||||||||||||||
provision for doubtful accounts | 95,000 | 44,000 | -140,000 | 286,000 | -74,000 | 122,000 | |||||||||||||||||||||||||||||||||||||||
amortization of premiums and discounts on marketable securities | 593,000 | -3,749,000 | -5,786,000 | -358,000 | -544,000 | -1,028,000 | 950,000 | -324,000 | -207,000 | 660,000 | 2,213,000 | 48,000 | 138,000 | 625,000 | 562,000 | -6,000 | 11,000 | 101,000 | -2,000 | 38,000 | 58,000 | -81,000 | -75,000 | -51,000 | -33,000 | 18,000 | 77,000 | -4,000 | -3,000 | 31,000 | 111,000 | 0 | -3,000 | 39,000 | 45,000 | ||||||||||
operating lease right-of-use asset | 3,926,000 | 38,000 | -254,000 | 1,426,000 | 3,740,000 | -24,000 | -27,000 | 1,295,000 | 3,884,000 | -38,000 | 6,000 | 1,301,000 | 3,212,000 | 8,000 | 33,000 | 944,000 | 2,887,000 | 144,000 | -223,000 | 1,098,000 | 1,971,000 | 25,000 | -112,000 | 668,000 | |||||||||||||||||||||
operating lease liability | -2,860,000 | 88,000 | 21,000 | -987,000 | -3,383,000 | 457,000 | -35,000 | -1,172,000 | -3,942,000 | 189,000 | 40,000 | -1,342,000 | -3,822,000 | 90,000 | -126,000 | -1,076,000 | -3,410,000 | 63,000 | -33,000 | -1,145,000 | -2,277,000 | 55,000 | -158,000 | -655,000 | |||||||||||||||||||||
adjustments to reconcile net loss to net cash from operating activities: | |||||||||||||||||||||||||||||||||||||||||||||
amortization of issuance costs and debt discount | 1,000 | 608,000 | 147,000 | 0 | 325,000 | 1,000 | 0 | 324,000 | |||||||||||||||||||||||||||||||||||||
net increase in cash, cash equivalents and restricted cash | -68,029,000 | 39,860,000 | |||||||||||||||||||||||||||||||||||||||||||
cash, cash equivalents and restricted cash at beginning of period | 39,860,000 | 256,721,000 | |||||||||||||||||||||||||||||||||||||||||||
cash, cash equivalents and restricted cash at end of period | -28,169,000 | 296,581,000 | |||||||||||||||||||||||||||||||||||||||||||
gain on settlement of equity securities | 0 | ||||||||||||||||||||||||||||||||||||||||||||
other investments | 0 | ||||||||||||||||||||||||||||||||||||||||||||
net increase in cash and cash equivalents | 202,492,000 | 48,166,000 | -44,712,000 | 2,690,000 | 8,624,000 | -22,090,000 | -17,321,000 | 8,342,000 | -82,922,000 | 15,324,000 | -3,005,000 | 11,692,000 | 9,747,000 | 278,434,000 | 14,825,000 | 1,152,000 | 2,903,000 | 22,109,000 | -12,684,000 | 4,923,000 | 6,320,000 | -5,050,000 | 6,859,000 | 923,000 | -10,426,000 | -25,043,000 | -13,877,000 | 7,777,000 | -11,238,000 | ||||||||||||||||
cash and cash equivalents at beginning of period | 3,454,000 | -44,712,000 | 240,197,000 | -76,823,000 | 2,690,000 | 300,386,000 | -8,979,000 | 8,342,000 | 322,831,000 | 8,687,000 | 11,692,000 | 381,742,000 | 15,977,000 | 1,152,000 | 77,584,000 | -7,761,000 | 4,923,000 | 60,333,000 | 7,782,000 | 923,000 | 51,281,000 | -3,341,000 | -15,524,000 | 58,750,000 | -3,461,000 | -11,238,000 | 101,131,000 | ||||||||||||||||||
supplemental disclosure of noncash investing and financing activities | |||||||||||||||||||||||||||||||||||||||||||||
net decrease in cash and cash equivalents | 12,183,000 | -15,524,000 | |||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents at beginning of year | |||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents at end of year | |||||||||||||||||||||||||||||||||||||||||||||
allowance for tenant improvements | -99,000 | 124,000 | 1,039,000 | 1,048,000 | 83,000 | 22,000 | 401,000 | -135,000 | 29,000 | 186,000 | 698,000 | ||||||||||||||||||||||||||||||||||
recovery of doubtful accounts | -29,000 | -64,000 | |||||||||||||||||||||||||||||||||||||||||||
deferred commissions | 6,991,000 | -7,959,000 | -1,059,000 | -2,652,000 | -2,769,000 | 603,000 | -8,162,000 | 1,727,000 | -1,804,000 | -2,029,000 | -9,216,000 | 81,000 | -371,000 | -1,649,000 | -319,000 | -30,000 | -147,000 | -2,000 | -362,000 | -18,000 | -105,000 | -12,000 | -303,000 | -185,000 | -177,000 | 145,000 | |||||||||||||||||||
business combinations, net of cash acquired | |||||||||||||||||||||||||||||||||||||||||||||
principal payments on capital lease and finance lease obligations | |||||||||||||||||||||||||||||||||||||||||||||
proceeds from government grants | 183,000 | ||||||||||||||||||||||||||||||||||||||||||||
principal payments on financing obligations | -7,000 | -8,000 | -320,000 | ||||||||||||||||||||||||||||||||||||||||||
recognition of deferred government grant obligation | 8,000 | -108,000 | -1,371,000 | -9,000 | 340,000 | -538,000 | -894,000 | -17,000 | 203,000 | -433,000 | -2,147,000 | -30,000 | -140,000 | -66,000 | |||||||||||||||||||||||||||||||
repayment of other long-term debt | -20,000 | -33,000 | -67,000 | 25,000 | -17,000 | -25,000 | |||||||||||||||||||||||||||||||||||||||
principal payments on capital lease and financing obligations | -907,000 | -5,000 | -7,000 | -294,000 | -876,000 | 7,000 | 4,000 | -298,000 | -1,087,000 | 142,000 | -193,000 | -297,000 | -1,325,000 | -62,000 | -44,000 | -432,000 | -1,760,000 | -39,000 | 195,000 | -678,000 | |||||||||||||||||||||||||
deferred financing costs | -10,000 | ||||||||||||||||||||||||||||||||||||||||||||
realized gain on sale of available-for-sale securities | -2,000 | -2,000 | |||||||||||||||||||||||||||||||||||||||||||
prepaid expenses | |||||||||||||||||||||||||||||||||||||||||||||
change in restricted cash | 45,000 | 28,000 | |||||||||||||||||||||||||||||||||||||||||||
workiva inc. | |||||||||||||||||||||||||||||||||||||||||||||
consolidated statements of cash flows | |||||||||||||||||||||||||||||||||||||||||||||
payment of equity issuance costs | 800,000 | -1,073,000 | |||||||||||||||||||||||||||||||||||||||||||
changes in restricted cash | 300,000 | ||||||||||||||||||||||||||||||||||||||||||||
distributions to members | |||||||||||||||||||||||||||||||||||||||||||||
repayment of government grant | |||||||||||||||||||||||||||||||||||||||||||||
fixed assets acquired through capital lease arrangements | 159,000 | 184,000 | |||||||||||||||||||||||||||||||||||||||||||
government grant recorded against property and equipment | |||||||||||||||||||||||||||||||||||||||||||||
payments of issuance costs on line of credit | |||||||||||||||||||||||||||||||||||||||||||||
accretion of discount on convertible note | |||||||||||||||||||||||||||||||||||||||||||||
paid-in-kind interest on convertible note | |||||||||||||||||||||||||||||||||||||||||||||
change in fair value of derivative liability | |||||||||||||||||||||||||||||||||||||||||||||
loss on early extinguishment of convertible note | |||||||||||||||||||||||||||||||||||||||||||||
proceeds from public offering, net of underwriters' discount and offering costs | |||||||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of convertible notes | |||||||||||||||||||||||||||||||||||||||||||||
proceeds from borrowings on line of credit | |||||||||||||||||||||||||||||||||||||||||||||
repayment of line of credit | |||||||||||||||||||||||||||||||||||||||||||||
fixed assets acquired through financing obligations | |||||||||||||||||||||||||||||||||||||||||||||
derivative liability reclassified upon settlement of convertible notes | |||||||||||||||||||||||||||||||||||||||||||||
conversion of convertible notes and accrued interest into class a common stock | |||||||||||||||||||||||||||||||||||||||||||||
accrued distributions to members | 60,000 | ||||||||||||||||||||||||||||||||||||||||||||
initial public offering cost accruals | |||||||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of series c preferred units | |||||||||||||||||||||||||||||||||||||||||||||
government loan awarded but not yet received | |||||||||||||||||||||||||||||||||||||||||||||
accretion of discount on convertible notes | |||||||||||||||||||||||||||||||||||||||||||||
proceeds from government for training reimbursement | |||||||||||||||||||||||||||||||||||||||||||||
government grant awards | 313,000 | ||||||||||||||||||||||||||||||||||||||||||||
realized losses on sale of available-for-sale securities | |||||||||||||||||||||||||||||||||||||||||||||
benefit from doubtful accounts | 74,000 | ||||||||||||||||||||||||||||||||||||||||||||
equity-based compensation expense | |||||||||||||||||||||||||||||||||||||||||||||
benefit from (recovery of) doubtful accounts | |||||||||||||||||||||||||||||||||||||||||||||
repayment of convertible debt | |||||||||||||||||||||||||||||||||||||||||||||
repayment of debt to related party | |||||||||||||||||||||||||||||||||||||||||||||
government loan award | |||||||||||||||||||||||||||||||||||||||||||||
fixed assets acquired through notes payable | |||||||||||||||||||||||||||||||||||||||||||||
conversion of convertible notes and accrued interest into class a common stock and series c preferred units in 2014 and 2012, respectively |