WORKIVA (WK) Company Report

Workiva delivered strong financial performance in Q3 2025, with total revenue of $224 million, an increase of 21% over Q3 2024, and subscription revenue of $210 million, up 23% from Q3 2024.
The company achieved a non-GAAP operating margin of 12.7% in Q3 2025, marking an 860 basis point improvement compared to Q3 2024.
Workiva raised its full year 2025 guidance, now expecting total revenue to range from $880 million-$882 million and non-GAAP operating margin to be 9.2%-9.4%, reflecting a 200 basis point improvement at the midpoint.
Growth in large contracts continued, with contracts valued over $100,000 increasing 23%, over $300,000 increasing 41%, and over $500,000 increasing 42% compared to Q3 2024.
The company launched new AI extensions, including Intelligent Finance, Intelligent Sustainability, and Intelligent GRC, leveraging its intelligence-ready platform.

Nov 5, 2025, 10:00 PM

Workiva Inc. Announces Third Quarter 2025 Financial Results and Updates Full Year Guidance

Earnings

Guidance Update

Share Buyback

Workiva Inc. reported Q3 2025 total revenue of $224 million, an increase of 21% year-over-year, with subscription and support revenue growing 23% over Q3 2024.
The company achieved a non-GAAP operating margin of 12.7% and non-GAAP net income of $35 million for Q3 2025, resulting in non-GAAP diluted EPS of $0.55.
Workiva repurchased $10 million of Class A common stock during Q3 2025, with approximately $40 million remaining available under the share repurchase plan as of September 30, 2025.
For Full Year 2025, Workiva updated its guidance, expecting total revenue in the range of $880 million to $882 million and non-GAAP operating margin between 9.2% and 9.4%.

Nov 5, 2025, 9:08 PM

Workiva Inc. Announces Strong Q3 2025 Results and Raises Full-Year Guidance

Earnings

Guidance Update

Revenue Acceleration/Inflection

Workiva Inc. reported total revenue of $224 million for Q3 2025, representing 21% year-over-year growth, driven by a 23% increase in subscription and support revenue.
The company achieved a non-GAAP operating margin of 12.7% and a GAAP net income of $3 million in Q3 2025, a notable improvement from the prior year.
Workiva raised its full-year 2025 guidance, now expecting total revenue between $880 million to $882 million and a non-GAAP operating margin of 9.2% to 9.4%.
Customer growth was strong, with the number of customers having an annual contract value over $500,000 increasing by 42% year-over-year to 236 as of September 30, 2025.

Nov 5, 2025, 9:05 PM

Workiva: Irenic Capital Management Outlines Value Creation Recommendations

Board Change

M&A

Takeover Bid

Irenic Capital Management, a significant shareholder holding approximately 2% of Workiva's outstanding shares, has issued a presentation detailing recommendations to address the company's significant share price underperformance.
Irenic attributes Workiva's underperformance to a failure in achieving the appropriate mix of growth and operating profitability.
The firm advocates for a revamped Board to conduct a Strategic & Operating review, evaluating options such as operating as a more profitable public company or pursuing a sale to a sponsor or strategic buyer.
Irenic calls on Workiva to either adopt a "Rule of 40" operating model, balancing growth and increased profitability, or to sell the company.

Sep 29, 2025, 7:03 PM

Workiva Inc. Announces Second Quarter 2025 Financial Results and CFO Departure

Earnings

Guidance Update

CFO Change

Workiva Inc. reported total revenue of $215 million in the second quarter of 2025, representing 21% year-over-year growth, with subscription and support revenue increasing by 23%.
The company achieved a non-GAAP operating margin of 3.8% and non-GAAP net income of $11 million for Q2 2025.
Workiva's customer base with an annual contract value over $500,000 grew 35% year-over-year, and the company repurchased $10 million of Class A common stock during the quarter.
Workiva provided financial guidance for Q3 2025 and the full year 2025, projecting full-year total revenue to be in the range of $870 million to $873 million.
Jill Klindt is stepping down from her role as Chief Financial Officer, with her departure expected by December 2025 or upon the appointment of a successor.

Jul 31, 2025, 8:15 PM

Earnings Transcripts

Quarterly earnings call transcripts for WORKIVA.

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