Company Analysis

Workiva Inc. (WK)

NYSE: WK · Services-Prepackaged Software · Ames, IA · filing with the SEC since 2008
Grade5.5
◀ Past 4.9● Present 5.4▶ Future 6.1

The grade of Workiva Inc.

Nine metrics read from its own filings, by tense
Headline grade
5.5/10
◀ Past4.925% of the headline
● Present5.435% of the headline
▶ Future6.140% of the headline

All three tenses have at least two readings, so the archetype blend applies as printed.

All nine metrics read as filed from the record.

◀ Past

What did they actually do?

4.9/1025% of the headline grade · 3 of 3 filed

Surviving crises

as filed
3.3/10

Has it survived what it has been through?

1 warning event since 2017; the latest 2026-05-05.

weight 22% of this tense · 33rd percentile among 230 sector filers · read for itself

From the record

Workiva Inc.'s filings since 2017 show 1 warning event: an auditor change (8-K item 4.01, the latest 2026-05-05) (its current reports).

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Track record

as filed
5.3/10

What has it actually done, year after year?

+19.5% a year over 10 filed years; profitable in 0 of 10.

weight 45% of this tense · 54th percentile among 213 sector filers · read for its customers

From the record

Workiva Inc.'s 10 filed years say what it did: revenue went from $179 million in fiscal 2016 to $885 million in fiscal 2025, up 19.5% a year; it rose in 9 of 9 years; it never fell from a peak; net income was positive in 0 of 10 of those years (its annual reports).

What it rests on

  • revenue growth over the filed span19.5%top 49% of its family
  • the share of years revenue rosetop 27% of its family
  • the share of filed years with a profitbottom 17% of its family
  • the deepest fall from a revenue peak0.0%top 27% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Shareholder treatment

as filed
5.2/10

How has it treated the people who own it?

Share count grew 2.0% a year. 24% of cash flow returned. Insiders: 6 sales, 0 purchases.

weight 33% of this tense · 52nd percentile among 152 sector filers · read for its shareholders

From the record

Over the 3 fiscal years to 2025-12-31, Workiva Inc.'s diluted share count grew about 2.0% a year, and dividends and buybacks returned about 24% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 6 sales and 0 purchases of their own stock on the open market in the year to 2026-09-30 (their Form 4 filings).

What it rests on

  • the share count over the yearstop 44% of its family
  • cash returned against operating cash flowbottom 48% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

● Present

What are they doing right now?

5.4/1035% of the headline grade · 3 of 3 filed

Financial health

as filed
4.8/10

Is it financially healthy right now?

Leverage 100%: owes 100¢ per asset dollar.

weight 45% of this tense · 48th percentile among 217 sector filers · read for itself

From the record

Return on equity: in the fiscal year ended 2025-12-31, Workiva Inc.'s shareholders' equity was below zero, so the profit on it is not read, and gross profitability: its products earned about 46 cents per dollar of everything the company owns. Leverage: it owed about 100 cents per dollar of assets, and net share issuance: its share count grew 1.7% over the year (the filed statements).

What it rests on

  • what it owes per dollar of assetsbottom 9% of its family
  • gross profit against assetstop 25% of its family
  • the share count against the year beforetop 41% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Industry position

as filed
6.0/10

How strong is its position in its industry?

top 40% of 218 in its family; net margin -3%.

weight 33% of this tense · 60th percentile among 218 sector filers · read for its customers

From the record

Workiva Inc.'s standing among 218 graded names in its industry family: revenue of $885 million in fiscal 2025 ranks in the top 35% by size; a net margin of -3% ranks in the bottom 49%; revenue growth of 18% a year over the last 3 filed years ranks in the top 33% (its annual reports).

What it rests on

  • revenue against the family$885Mtop 35% of its family
  • net margin-3.0%bottom 49% of its family
  • three-year revenue growth18.0%top 33% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Leadership

as filed
5.7/10

What are the people in charge doing?

top 43% of 139 in its family for leadership; chief executive since 2023.

weight 22% of this tense · 57th percentile among 139 sector filers · read for its shareholders

From the record

Workiva Inc.'s leadership, from its insiders' filings and its current reports: the chief executive on the record is Iskow, Julie (President & CEO, as filed), filing under that title since 2023-04-04, 3.6 years (bottom 43% of its family); the 12 officers and directors filing in the last fifteen months have been on the record a median of 6.8 years (top 27%); 6 officer or director changes were reported on Form 8-K since 2023-11-13, against the 12 people in charge now (top 46%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

What it rests on

  • officer and director changes on Form 8-K, against the people in charge6 in three years among 12 peopletop 46% of its family
  • the median years the people in charge have filed6.8 yearstop 27% of its family
  • the chief executive's years on the record3.6 yearsbottom 43% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

▶ Future

What are they set up to do next?

6.1/1040% of the headline grade · 3 of 3 filed

Room to expand

as filed
6.5/10

How much room does it have to grow?

top 35% of 216 in its family for room to expand.

weight 22% of this tense · 65th percentile among 216 sector filers · read for itself

From the record

Workiva Inc.'s room to grow, from the newest filed statements (fiscal 2025): cash of $339 million against no long-term debt tagged leaves 22.7% of its assets as net cash, top 33% of its family; cash from operations less capital spending is 15.6% of revenue (top 46%); a gross margin of 78.5% (top 24%); research spending of 24.3% of revenue (top 37%) (its annual report).

What it rests on

  • cash less debt against assets22.7%top 33% of its family
  • cash from operations less capital spending against revenue15.6%top 46% of its family
  • gross margin78.5%top 24% of its family
  • research spending against revenue24.3%top 37% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Growth drivers

as filed
5.7/10

What could actually drive growth from here?

top 43% of 213 in its family for growth drivers.

weight 45% of this tense · 57th percentile among 213 sector filers · read for its customers

From the record

Workiva Inc.'s growth drivers, from the filed years to fiscal 2025: revenue grew 18% a year over the last three filed years against 19.5% over all 10, slowing (top 38% of its family); the newest year grew 19.8% (top 30%); research spending grew 12.3% a year (top 35%); capital spending grew -15.7% a year (bottom 32%) (its annual reports). Workiva Inc. reported 3 product lines in fiscal 2025: License and Service at $813 million (92%), XBRL Professional Services at $61 million (7%), Other Services at $11 million (1%); 2 of 3 grew against the year before (its annual report).

What it rests on

  • three-year growth against the whole span-1.4 points a yeartop 38% of its family
  • the newest year's revenue growth19.8%top 30% of its family
  • three-year growth of research spending12.3%top 35% of its family
  • three-year growth of capital spending-15.7%bottom 32% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Expectations vs reality

as filed
6.2/10

Did its newest year beat what its own record pointed to?

top 38% of 194 in its family for expectations against reality.

weight 33% of this tense · 62nd percentile among 194 sector filers · read for its shareholders

From the record

Workiva Inc.'s newest year against its own record: revenue of $885 million in fiscal 2025 came in 2.2% above the $866 million its prior three years' pace pointed to (top 36% of its family); net income of $26 million against a prior three-year average of $91 million (top 35%); a net margin of -3% against -14.9% before (top 41%) (its annual reports).

What it rests on

  • revenue against the prior three years' pace2.2%top 36% of its family
  • net income against the prior three years' average+71%top 35% of its family
  • net margin against its prior average+11.9 pointstop 41% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made

SI Assistanton WK · research, not advice