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Workiva provides connected reporting and compliance software used by large enterprises, governments, and many Fortune 500 companies. It offers a cloud-based platform that links data elements and narratives so changes to data automatically update across all linked reports. This enables accurate, consistent reporting and reduces risk while allowing many users to collaborate on the same documents with strong data integrity. The revenue model is subscription-based, with professional services for implementation and optimization. The company differentiates itself with live data synchronization, multi-user collaboration, and governance across a global footprint, serving thousands of enterprises in over 180 countries, including 75% of the Fortune 500. The goal is to make data more accessible and controllable to drive trustworthy reporting and compliance at scale.
Industries
Data & Analytics
Government & Public Sector
Enterprise Software
Fintech
Company Size
1,001-5,000
Company Stage
IPO
Headquarters
Ames, Iowa
Founded
2008
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Total Funding
$780.7M
Above
Industry Average
Funded Over
9 Rounds
Health, dental, and vision
Vacation accruals
Life and disability insurance
Employee stock purchase plan
Volunteer time-off
Parental leave
401(k) match
Travel insurance
Paid Holidays
Work remotely
Discount programs
Health and Wellness
Pet-friendly Atmosphere
Workiva reported second-quarter results that beat Wall Street expectations, with revenue reaching $255.3 million and adjusted earnings per share of $0.77. The cloud reporting platform provider posted an 18.6% year-on-year revenue increase and significantly improved its operating margin to 4.6%, up from negative 10.3% a year earlier. CEO Julie Iskow highlighted strong demand from large enterprise customers and credited operational improvements for the margin expansion. The company raised its full-year adjusted EPS guidance to $3.39 at the midpoint, a 16.7% increase. During the earnings call, analysts focused on sales cycle dynamics, subscription growth sustainability through 2030, fund reporting adoption in financial services, margin improvement prospects, and early customer response to new AI agent products. Despite the positive results, shares declined modestly following the announcement.
Workiva reported second-quarter revenue of $255.29 million, up from $215.19 million a year earlier, and swung to a net income of $13.44 million after a $19.40 million loss. The company maintained full-year revenue guidance of $1.04 billion with positive operating margins. Workiva launched new AI agents and its Workiva Knowledge intelligence layer to enhance reporting and compliance workflows. The company also filed a $238.88 million shelf registration for 3,900,000 Class A shares tied to an ESOP-related offering. The profitability shift supports Workiva's investment thesis around scaling revenue whilst maintaining positive margins. Customer adoption of the new AI tools will be key to sustaining profitability without margin erosion. Regulatory timing and AI adoption pace remain central risks to the company's growth trajectory.
Workiva reported strong second quarter 2026 results, with total revenue reaching $255 million, up 19% year-over-year. Subscription and support revenue increased 19% to $236 million, whilst professional services revenue rose 12% to $19 million. The company's GAAP operating margin improved to 4.6% from negative 10.2% in the prior year. Non-GAAP operating margin reached 16.8%, up from 3.8% a year earlier and beating guidance by 180 basis points. GAAP net income was $13 million, compared with a $19 million loss in Q2 2025. Operating cash flow totalled $78 million, up from $50 million year-over-year. Workiva repurchased $123 million of Class A common stock during the quarter. The company ended the period with $815 million in cash, cash equivalents, and marketable securities.
Workiva (NYSE:WK) posts earnings results, beats estimates by $0.13 EPS. August 4, 2026 Key points. * Workiva beat quarterly expectations: The software maker reported $0.77 in EPS, exceeding estimates by $0.13, while revenue of $255.29 million topped forecasts of $251.16 million. * Shares slipped 0.1% to $61.15 despite the earnings beat. Workiva has a $3.43 billion market capitalization and trades at a high forward valuation, with a P/E ratio of 265.87. * Analyst sentiment remains broadly positive, with 10 Buy ratings, one Hold and one Sell; the consensus rating is "Moderate Buy" with an average price target of $88.50. * Five stocks we like better than Workiva. Workiva (NYSE:WK - Get Free Report) posted its quarterly earnings data on Tuesday. The software maker reported $0.77 EPS for the quarter, topping analysts' consensus estimates of $0.64 by $0.13, FiscalAI reports. The company had revenue of $255.29 million for the quarter, compared to analyst estimates of $251.16 million. Workiva had a negative return on equity of 68.43% and a net margin of 1.53%. Workiva trading down 0.1%. Shares of WK traded down $0.05 on Tuesday, reaching $61.15. 765,865 shares of the company's stock traded hands, compared to its average volume of 1,003,470. The stock's 50 day simple moving average is $51.58 and its two-hundred day simple moving average is $58.12. The stock has a market cap of $3.43 billion, a PE ratio of 265.87 and a beta of 0.46. Workiva has a 52-week low of $43.34 and a 52-week high of $97.10. Insider activity at Workiva. In related news, Director Robert H. Herz sold 1,000 shares of the company's stock in a transaction that occurred on Friday, May 29th. The stock was sold at an average price of $49.69, for a total value of $49,690.00. Following the transaction, the director owned 34,802 shares in the company, valued at approximately $1,729,311.38. This represents a 2.79% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 4.77% of the stock is owned by insiders. Institutional investors weigh in on Workiva. Several institutional investors have recently made changes to their positions in WK. Susquehanna Fundamental Investments LLC purchased a new stake in Workiva during the fourth quarter valued at about $205,000. Cibc World Markets Corp purchased a new position in shares of Workiva during the 4th quarter valued at about $287,000. EntryPoint Capital LLC bought a new stake in Workiva in the 4th quarter worth approximately $290,000. State of Wyoming boosted its stake in Workiva by 32.2% in the fourth quarter. State of Wyoming now owns 2,053 shares of the software maker's stock worth $177,000 after buying an additional 500 shares in the last quarter. Finally, Larson Financial Group LLC grew its position in Workiva by 595.1% during the third quarter. Larson Financial Group LLC now owns 2,864 shares of the software maker's stock valued at $247,000 after acquiring an additional 2,452 shares during the last quarter. Hedge funds and other institutional investors own 92.21% of the company's stock. Analyst upgrades and downgrades. WK has been the topic of a number of research analyst reports. Weiss Ratings cut shares of Workiva from a "sell (d+)" rating to a "sell (d)" rating in a research report on Friday, May 22nd. Stifel Nicolaus cut their target price on Workiva from $79.00 to $65.00 and set a "buy" rating on the stock in a research report on Wednesday, May 6th. Zacks Research cut Workiva from a "strong-buy" rating to a "hold" rating in a research note on Monday, July 6th. BTIG Research lowered their target price on Workiva from $90.00 to $80.00 and set a "buy" rating for the company in a report on Wednesday, May 6th. Finally, Stephens reissued an "overweight" rating and issued a $68.00 price target on shares of Workiva in a research note on Tuesday, May 26th. Ten equities research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average price target of $88.50. Discover more Cryptocurrency News Company News About Workiva. Workiva, originally founded as WebFilings in 2008, delivers a cloud-native platform designed to streamline and connect data, documents and teams for reporting and compliance. Its flagship Workiva platform supports a range of applications including financial reporting, regulatory filings, internal controls documentation, risk management and environmental, social and governance (ESG) disclosures. By centralizing data and automating workflows, the company helps organizations improve accuracy, transparency and auditability across critical reporting processes. The Workiva platform offers modular solutions that integrate with existing enterprise systems and data sources. Further reading. This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected]. Before you consider Workiva, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Workiva wasn't on the list. While Workiva currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys. The AI boom is creating opportunities across semiconductors, cloud computing, enterprise software, infrastructure, cybersecurity, and automation. Inside this report, you'll find 10 companies positioned to benefit as artificial intelligence moves from hype to real-world deployment and becomes a core growth driver for corporate America.
Workiva rolls out AI agents and intelligence layer to transform high-stakes reporting. Workiva | Published 30 July 2026 Latest AI innovations will help enterprise teams orchestrate and accelerate reporting and compliance workflows Workiva Inc. (NYSE: WK), a leading, audit-ready platform for trust, transparency, and accountability, today announced three purpose-built AI agents and Workiva Knowledge, a persistent intelligence layer grounded in an organisation's data, instructions, and content. The agents will help customers in advanced solution tiers accelerate reporting and compliance outcomes with the control and traceability of the Workiva platform. Together, these capabilities offer enterprise teams governed AI at the speed and scale their organisations require. "Finance, sustainability, risk, and compliance teams are moving from execution to orchestration as AI agents take on more of the work, and we're building the platform that makes that transformation possible," said Deepak Bharadwaj, Chief Product Officer of Workiva. "As we evolve the Workiva platform, we're staying true to what our customers have always counted on us to deliver: accuracy, transparency, and solutions shaped by the reality and complexity of their work." Agents for Teams That Can't Risk Being Wrong Reporting and compliance teams spend countless hours cross-referencing data and assessing it against standards and peers. That work is critical, but punishing at scale. Workiva's specialised AI agents assume that burden, producing output that is traceable, defensible, and audit-ready. Tie-Out Agent Ensuring figures in a financial report are consistent and tied back to their source is one of the most time-intensive steps in the financial close. Workiva's Tie-Out Agent performs comprehensive checks across financial reports, flagging discrepancies and surfacing AI-generated explanations for each variance. Teams can catch errors earlier, close faster, and finish with a fully documented audit trail, accelerating internal review and external examination. Benchmarking Agent Market-aligned financial disclosure requires visibility into how peers are reporting, research that has traditionally lived outside reporting processes. With Workiva's Benchmarking Agent, peer intelligence is no longer separate. It is embedded in the same platform where disclosures are drafted and verified. The agent analyses publicly filed peer data from 10-Ks and 10-Qs filed with the SEC, enabling financial reporting teams to build custom peer groups, identify disclosure gaps, and draft disclosures with insights traceable back to the source filing. Sustainability Disclosure Agent Compliance burdens are increasing as sustainability disclosure requirements expand globally. Workiva's Sustainability Disclosure Agent drafts, checks, and improves disclosures against ESRS and ISSB standards, generating gap assessments and compliance scorecards with actionable recommendations. Teams move from interpreting new requirements to reviewing ready-to-file disclosures with fewer gaps and a clear record of how each output was produced. Intelligence That Compounds With Every Reporting Cycle Workiva's agents alleviate labor-intensive work, while Workiva Knowledge creates a shared foundation for all AI interactions on the platform. Knowledge enables customers to develop intelligence informed by their organisation's data, custom instructions, and content, from past filings and internal policies to institutional guidance and trusted source documentation. It's enriched with each reporting cycle, so each AI interaction builds on the last one. Knowledge is complemented by the flexibility of Workiva's newly announced Model Context Protocol (MCP) gateway. The Workiva MCP gateway allows customers to use the AI of their choice and eliminate manual workarounds while maintaining Workiva's permissions, governance, and data lineage. Knowledge ensures that Workiva's AI output, regardless of which model or agent produces it, is grounded in context and traceable to the source material that informed it. Across Workiva's customer base, Knowledge is designed to power high-stakes work: generating disclosures consistent with prior filings, producing examiner-ready narratives with a full audit trail, responding to regulatory requests with language from previously approved submissions, and more. The result is AI that does more than streamline or augment the work. The numbers and narratives can withstand stakeholder scrutiny and allow executives to trust and verify insights generated by AI.
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Industries
Data & Analytics
Government & Public Sector
Enterprise Software
Fintech
Company Size
1,001-5,000
Company Stage
IPO
Headquarters
Ames, Iowa
Founded
2008
Find jobs on Simplify and start your career today