WORKIVA INC

For the period ended Dec 31, 2024. Filed Feb 25, 2025.

About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2024 · Filed Feb 25, 2025

WK$69.78-4.1%Stored close · as of Nov 9, 2026

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Contents

Consolidated Statements of Operations

WORKIVA INC.CONSOLIDATED STATEMENTS OF OPERATIONS(in thousands, except share and per share amounts)
	Year ended December 31,
	2024	2023	2022
Revenue
Subscription and support	$667,646	$558,645	$464,935
Professional services	71,034	71,394	72,940
Total revenue	738,680	630,039	537,875
Cost of revenue
Subscription and support	118,697	99,193	77,711
Professional services	53,358	55,029	52,174
Total cost of revenue	172,055	154,222	129,885
Gross profit	566,625	475,817	407,990
Operating expenses
Research and development	192,935	172,790	151,716
Sales and marketing	347,243	287,035	245,260
General and administrative	102,981	110,519	99,778
Total operating expenses	643,159	570,344	496,754
Loss from operations	(76,534)	(94,527)	(88,764)
Interest income	39,395	25,882	4,880
Interest expense	(12,865)	(53,639)	(6,042)
Other income and (expense), net	563	(1,814)	926
Loss before provision for income taxes	(49,441)	(124,098)	(89,000)
Provision for income taxes	5,601	3,427	1,947
Net loss	$(55,042)	$(127,525)	$(90,947)
Net loss per common share:
Basic and diluted	$(0.99)	$(2.36)	$(1.72)
Weighted-average common shares outstanding - basic and diluted	55,355,381	54,099,757	52,954,079

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