WK - Workiva Inc.
Price:
--
--
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CONSENSUS:
Buy
DETAILS
|
PRICE TARGET:
$85.71
DETAILS
HIGH:
$102.00
LOW:
$74.00
MEDIAN:
$85.00
CONSENSUS:
$85.71
UPSIDE:
70.36%
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||||||||
| Revenue | 884.6 | 738.7 | 630.0 | 537.9 | 443.3 | 351.6 | 297.9 | 244.3 | 207.9 | 178.6 | 145.3 | 112.7 | 85.2 | 52.9 | 14.9 |
| Cost of Revenue | 190.4 | 172.1 | 154.2 | 129.9 | 103.8 | 90.2 | 85.0 | 65.9 | 60.2 | 51.6 | 40.2 | 33.9 | 24.3 | 19.0 | 6.4 |
| Gross Profit | 694.1 | 566.6 | 475.8 | 408.0 | 339.5 | 261.4 | 212.9 | 178.5 | 147.6 | 127.0 | 105.1 | 78.8 | 60.9 | 33.9 | 8.5 |
| Operating Expenses | |||||||||||||||
| R&D Expenses | 214.8 | 192.9 | 172.8 | 151.7 | 115.7 | 94.8 | 89.9 | 81.6 | 68.2 | 57.4 | 50.5 | 44.1 | 33.4 | 18.4 | 6.9 |
| SG&A Expenses | 521.7 | 450.2 | 397.6 | 345.0 | 253.1 | 204.4 | 168.4 | 146.7 | 123.8 | 113.2 | 98.3 | 73.3 | 55.2 | 43.7 | 16.0 |
| Other Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1.8 | 1.8 | 1.5 | 0 | (0.5) | (0.1) | (0.0) | 0 |
| Operating Expenses | 736.6 | 643.2 | 570.3 | 496.8 | 368.8 | 299.2 | 258.3 | 228.3 | 191.9 | 170.6 | 148.8 | 117.4 | 88.6 | 62.1 | 22.8 |
| Operating Income | |||||||||||||||
| Operating Income | (42.4) | (76.5) | (94.5) | (88.8) | (29.4) | (37.8) | (45.4) | (49.8) | (44.3) | (43.6) | (43.7) | (38.6) | (29.3) | (28.2) | (14.4) |
| Interest Expense | 12.8 | 12.9 | 53.6 | 6.0 | 14.0 | 14.0 | 6.0 | 1.8 | 1.8 | 1.9 | 2.0 | 2.0 | 0.4 | 1.5 | 0.3 |
| Interest Income | 34.2 | 39.4 | 25.9 | 4.9 | 1.0 | 3.3 | 4.7 | 1.3 | 0.6 | 0.3 | 0.2 | 0.1 | 0.2 | 0.1 | 0 |
| Profitability | |||||||||||||||
| EBITDA | 1.4 | (25.6) | (59.3) | (72.7) | (19.8) | (30.4) | (37.5) | (44.2) | (39.0) | (38.3) | (37.0) | (35.2) | (26.9) | (27.9) | (14.4) |
| EBIT | (9.6) | (36.6) | (70.5) | (83.0) | (25.1) | (34.7) | (41.3) | (48.0) | (42.5) | (42.1) | (41.4) | (39.1) | (29.2) | (29.1) | (14.3) |
| Income Before Tax | (22.4) | (49.4) | (124.1) | (89) | (39.1) | (48.7) | (47.3) | (49.8) | (44.4) | (44.0) | (43.4) | (41.1) | (29.5) | (30.6) | (14.6) |
| Income Tax Expense | 3.8 | 5.6 | 3.4 | 1.9 | (1.4) | (0.3) | 0.1 | 0.2 | 0.1 | 0.0 | (0.0) | 0.0 | 0.2 | 0 | 0 |
| Net Income | (26.2) | (55.0) | (127.5) | (90.9) | (37.7) | (48.4) | (47.5) | (50.1) | (44.4) | (44.0) | (43.4) | (41.2) | (29.5) | (30.6) | (14.6) |
| Per Share Data | |||||||||||||||
| EPS (Basic) | -0.47 | -0.99 | -2.36 | -1.72 | -0.74 | -1.00 | -1.04 | -1.15 | -1.07 | -1.08 | -1.09 | -1.28 | -0.89 | -0.95 | -0.45 |
| EPS (Diluted) | -0.47 | -0.99 | -2.36 | -1.72 | -0.74 | -1.00 | -1.04 | -1.15 | -1.07 | -1.08 | -1.09 | -1.28 | -0.87 | -0.95 | -0.45 |
| Shares Outstanding | 56.3 | 55.4 | 54.1 | 53.0 | 51.1 | 48.4 | 46.3 | 43.6 | 41.6 | 40.7 | 39.9 | 32.2 | 32.2 | 32.2 | 32.2 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Current Assets | ||||||||||
| Cash & Cash Equivalents | 338.8 | 301.8 | 256.1 | 240.2 | 300.4 | 322.8 | 381.7 | 77.6 | 60.3 | 51.3 |
| Short-Term Investments | 552.9 | 514.6 | 557.6 | 190.6 | 230.1 | 207.2 | 106.2 | 20.8 | 16.4 | 11.4 |
| Net Receivables | 179.4 | 158.7 | 132.6 | 113.0 | 80.4 | 72.1 | 62.7 | 66.3 | 29.8 | 24.1 |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Assets | 91.4 | 73.1 | 62.7 | 56.3 | 31.2 | 21.9 | 14.1 | 8.2 | 2.4 | 1.9 |
| Total Current Assets | 1,162.4 | 1,048.2 | 1,008.9 | 600.1 | 657.1 | 633.1 | 571.2 | 177.2 | 115.3 | 98.0 |
| Non-Current Assets | ||||||||||
| Property, Plant & Equipment | 34.5 | 33.6 | 36.9 | 41.0 | 46.6 | 45.2 | 47.7 | 41.5 | 40.4 | 42.6 |
| Goodwill | 206.2 | 196.8 | 112.1 | 109.7 | 34.6 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 22.3 | 27.4 | 22.9 | 28.2 | 10.4 | 1.6 | 1.7 | 1.3 | 1.1 | 1.0 |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 68.2 | 62.4 | 38.0 | 40.5 | 38.1 | 27.1 | 18.4 | 11.1 | 0.9 | 1.5 |
| Total Non-Current Assets | 331.2 | 320.2 | 209.9 | 219.5 | 129.7 | 73.9 | 67.7 | 53.9 | 42.4 | 45.1 |
| Total Assets | 1,493.6 | 1,368.5 | 1,218.9 | 819.6 | 786.8 | 707.0 | 639.0 | 231.1 | 157.7 | 143.1 |
| Current Liabilities | ||||||||||
| Account Payables | 8.9 | 7.7 | 5.2 | 6.2 | 4.1 | 2.8 | 7.1 | 5.5 | 3.1 | 0.8 |
| Short-Term Debt | 77.4 | 0 | 0 | 0 | 298.7 | 0 | 0 | 0 | 0 | 0.0 |
| Deferred Revenue | 547.9 | 482.1 | 380.8 | 341.8 | 284.5 | 227.3 | 185.8 | 148.5 | 104.9 | 77.0 |
| Other Current Liabilities | 107.4 | 34.3 | 43.8 | 24.2 | 24.9 | 21.1 | 19.2 | 20.4 | 13.4 | 8.7 |
| Total Current Liabilities | 741.7 | 592.4 | 484.5 | 406.9 | 646.5 | 281.8 | 232.1 | 191.6 | 129.3 | 99.9 |
| Non-Current Liabilities | ||||||||||
| Long-Term Debt | 706.7 | 764.9 | 762.5 | 340.3 | 0 | 289.5 | 280.6 | 0 | 0 | 0.1 |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | (10.4) | 0.2 | 0.2 | 1.5 | 1.6 | 1.7 | 1.5 | 6.9 | 4.2 | 4.1 |
| Total Non-Current Liabilities | 757.4 | 817.7 | 823.8 | 406.7 | 67.3 | 360.9 | 352.6 | 49.3 | 45.3 | 46.4 |
| Total Liabilities | 1,499.0 | 1,410.2 | 1,308.2 | 813.6 | 713.8 | 642.7 | 584.7 | 240.9 | 174.6 | 146.3 |
| Stockholders' Equity | ||||||||||
| Common Stock | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Retained Earnings | (733.9) | (707.7) | (652.6) | (525.1) | (452.4) | (414.7) | (366.3) | (307.0) | (265.3) | (220.9) |
| Accumulated Other Comprehensive Income | 7.4 | (6.4) | 0.3 | (6.7) | (0.3) | 0.2 | 0.3 | 0.1 | 0.1 | 0.3 |
| Total Stockholders' Equity | (5.4) | (41.7) | (89.4) | 6.0 | 73.0 | 64.3 | 54.2 | (9.7) | (16.9) | (3.1) |
| Total Liabilities & Equity | 1,493.6 | 1,368.5 | 1,218.9 | 819.6 | 786.8 | 707.0 | 639.0 | 231.1 | 157.7 | 143.1 |
| Debt Metrics | ||||||||||
| Total Debt | 807.8 | 793.3 | 793.2 | 373.2 | 337.7 | 329.6 | 323.3 | 18.4 | 19.6 | 21.1 |
| Net Debt | 469.1 | 491.4 | 537.1 | 133.0 | 37.4 | 6.8 | (58.5) | (59.2) | (40.7) | (30.2) |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Net Income | (26.2) | (55.0) | (127.5) | (90.9) | (37.7) | (48.4) | (47.5) | (50.1) | (44.4) | (44.0) |
| Depreciation & Amortization | 11.0 | 11.0 | 11.1 | 10.2 | 5.2 | 4.3 | 3.8 | 3.8 | 3.5 | 3.8 |
| Stock-Based Compensation | 122.9 | 102.2 | 98.8 | 70.7 | 48.6 | 45.8 | 35.8 | 30.8 | 19.5 | 14.2 |
| Change in Working Capital | 35.6 | 39.6 | 48.2 | 18.3 | 27.3 | 22.2 | 35.7 | 21.4 | 28.9 | 16.4 |
| Other Non-Cash Items | (2.9) | (9.4) | 40.3 | 2.5 | 8.4 | 9.4 | 3.2 | 0.4 | (2.0) | (0.8) |
| Operating Cash Flow | 140.1 | 87.7 | 70.9 | 11.3 | 49.8 | 33.2 | 30.9 | 6.4 | 5.5 | (10.4) |
| Investing Activities | ||||||||||
| Capital Expenditure | (2.1) | (1.6) | (2.4) | (3.6) | (3.8) | (2.2) | (3.8) | (1.4) | (1.4) | (2.1) |
| Acquisitions | 0 | (98.1) | 0 | (99.2) | (37.5) | 0 | 0 | 0.3 | (0.0) | 0.2 |
| Purchases of Investments | (425.5) | (402.2) | (573.3) | (130.8) | (170.1) | (175.9) | (112.6) | (24.7) | (14.4) | (1.3) |
| Sales/Maturities of Investments | 393.0 | 456.6 | 218.4 | 165.5 | 143.4 | 74.3 | 27.3 | 20.4 | 9.3 | 7.2 |
| Other Investing Activities | (0.4) | (0.2) | (0.2) | (0.2) | (1.0) | (0.3) | (1.7) | (0.3) | 0.0 | (0.2) |
| Investing Cash Flow | (35.0) | (45.2) | (357.3) | (68.0) | (68.6) | (103.8) | (90.1) | (5.6) | (6.5) | 3.8 |
| Financing Activities | ||||||||||
| Net Debt Issuance | (0.6) | (0.5) | 293.7 | (1.6) | (1.7) | (1.6) | 334.3 | (1.2) | (1.5) | (1.9) |
| Stock Repurchased | (71.6) | 0 | 0 | 0 | 0 | 0 | 0 | (1.9) | (1.1) | (0.8) |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing Activities | (22.7) | 7.3 | 7.5 | (0.0) | (1.7) | 12.8 | 28.7 | 18.0 | 11.3 | 1.0 |
| Financing Cash Flow | (74.9) | 6.7 | 301.3 | (1.6) | (3.4) | 11.1 | 363.0 | 16.9 | 9.8 | (0.9) |
| Cash Position | ||||||||||
| Net Change in Cash | 37.1 | 45.6 | 16.5 | (60.2) | (22.4) | (58.9) | 304.2 | 17.3 | 9.1 | (7.5) |
| Cash at Beginning | 302.4 | 256.7 | 240.2 | 300.4 | 322.8 | 381.7 | 77.6 | 60.3 | 51.3 | 58.8 |
| Cash at End | 339.5 | 302.4 | 256.7 | 240.2 | 300.4 | 322.8 | 381.7 | 77.6 | 60.3 | 51.3 |
| Free Cash Flow | 138.0 | 86.2 | 68.5 | 7.7 | 46.1 | 31.1 | 27.1 | 5.0 | 4.1 | (12.5) |
| Key Metrics | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | |||||||||||||||
| Revenue | 884.6 | 738.7 | 630.0 | 537.9 | 443.3 | 351.6 | 297.9 | 244.3 | 207.9 | 178.6 | 145.3 | 112.7 | 85.2 | 52.9 | 14.9 |
| Gross Profit | 694.1 | 566.6 | 475.8 | 408.0 | 339.5 | 261.4 | 212.9 | 178.5 | 147.6 | 127.0 | 105.1 | 78.8 | 60.9 | 33.9 | 8.5 |
| Operating Income | (42.4) | (76.5) | (94.5) | (88.8) | (29.4) | (37.8) | (45.4) | (49.8) | (44.3) | (43.6) | (43.7) | (38.6) | (29.3) | (28.2) | (14.4) |
| Net Income | (26.2) | (55.0) | (127.5) | (90.9) | (37.7) | (48.4) | (47.5) | (50.1) | (44.4) | (44.0) | (43.4) | (41.2) | (29.5) | (30.6) | (14.6) |
| EPS (Diluted) | -0.47 | -0.99 | -2.36 | -1.72 | -0.74 | -1.00 | -1.04 | -1.15 | -1.07 | -1.08 | -1.09 | -1.28 | -0.87 | -0.95 | -0.45 |
| Balance Sheet | |||||||||||||||
| Cash & Equivalents | 338.8 | 301.8 | 256.1 | 240.2 | 300.4 | 322.8 | 381.7 | 77.6 | 60.3 | 51.3 | |||||
| Total Assets | 1,493.6 | 1,368.5 | 1,218.9 | 819.6 | 786.8 | 707.0 | 639.0 | 231.1 | 157.7 | 143.1 | |||||
| Total Debt | 807.8 | 793.3 | 793.2 | 373.2 | 337.7 | 329.6 | 323.3 | 18.4 | 19.6 | 21.1 | |||||
| Stockholders' Equity | (5.4) | (41.7) | (89.4) | 6.0 | 73.0 | 64.3 | 54.2 | (9.7) | (16.9) | (3.1) | |||||
| Cash Flow | |||||||||||||||
| Operating Cash Flow | 140.1 | 87.7 | 70.9 | 11.3 | 49.8 | 33.2 | 30.9 | 6.4 | 5.5 | (10.4) | |||||
| Capital Expenditure | (2.1) | (1.6) | (2.4) | (3.6) | (3.8) | (2.2) | (3.8) | (1.4) | (1.4) | (2.1) | |||||
| Free Cash Flow | 138.0 | 86.2 | 68.5 | 7.7 | 46.1 | 31.1 | 27.1 | 5.0 | 4.1 | (12.5) | |||||