WORKIVA INC

For the period ended Dec 31, 2025. Filed Feb 19, 2026.

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.

FY2025 · Filed Feb 19, 2026

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

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Contents

Consolidated Balance Sheets

WORKIVA INC.CONSOLIDATED BALANCE SHEETS
(in thousands, except share and per share amounts)
	As of December 31,
	2025	2024
ASSETS
Current assets
Cash and cash equivalents	$338,769	$301,835
Marketable securities	552,852	514,585
Accounts receivable, net of allowance for doubtful accounts of $1,043 and $1,220 at December 31, 2025 and 2024, respectively	168,984	148,433
Deferred costs	62,619	50,914
Other receivables	10,383	10,276
Prepaid expenses and other	28,778	22,199
Total current assets	1,162,385	1,048,242
Property and equipment, net	20,546	21,825
Operating lease right-of-use assets	13,986	11,786
Deferred costs, non-current	59,767	54,858
Goodwill	206,164	196,844
Intangible assets, net	22,270	27,389
Other assets	8,453	7,525
Total assets	$1,493,571	$1,368,469
LIABILITIES AND STOCKHOLDERS’ DEFICIT
Current liabilities
Accounts payable	$8,932	$7,747
Accrued expenses and other current liabilities	113,115	126,508
Deferred revenue	547,919	457,608
Convertible senior notes, current	71,072	—
Finance lease obligations	614	562
Total current liabilities	741,652	592,425
Convertible senior notes, non-current	696,263	764,891
Deferred revenue, non-current	37,305	29,681
Other long-term liabilities	92	227
Operating lease liabilities, non-current	10,472	9,441
Finance lease obligations, non-current	13,223	13,488
Total liabilities	1,499,007	1,410,153
Stockholders’ deficit
Class A common stock, $0.001 par value per share, 1,000,000,000 shares authorized, 52,712,836 and 51,646,053 shares issued and outstanding at December 31, 2025 and 2024, respectively	53	52
Class B common stock, $0.001 par value per share, 500,000,000 shares authorized, 3,607,583 and 3,845,583 shares issued and outstanding at December 31, 2025 and 2024, respectively	4	4
Preferred stock, $0.001 par value per share, 100,000,000 shares authorized, no shares issued and outstanding	—	—
Additional paid-in-capital	720,923	672,363
Accumulated deficit	(733,852)	(707,683)
Accumulated other comprehensive income (loss)	7,436	(6,420)
Total stockholders’ deficit	(5,436)	(41,684)
Total liabilities and stockholders’ deficit	$1,493,571	$1,368,469

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The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.