WORKIVA INC
For the period ended Dec 31, 2025. Filed Feb 19, 2026.
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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
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Operations
| WORKIVA INC.CONSOLIDATED STATEMENTS OF OPERATIONS(in thousands, except share and per share amounts) | |||
|---|---|---|---|
| Year ended December 31, | |||
| 2025 | 2024 | 2023 | |
| Revenue | |||
| Subscription and support | $812,627 | $667,646 | $558,645 |
| Professional services | 71,941 | 71,034 | 71,394 |
| Total revenue | 884,568 | 738,680 | 630,039 |
| Cost of revenue | |||
| Subscription and support | 136,645 | 118,697 | 99,193 |
| Professional services | 53,785 | 53,358 | 55,029 |
| Total cost of revenue | 190,430 | 172,055 | 154,222 |
| Gross profit | 694,138 | 566,625 | 475,817 |
| Operating expenses | |||
| Research and development | 214,844 | 192,935 | 172,790 |
| Sales and marketing | 408,872 | 347,243 | 287,035 |
| General and administrative | 112,863 | 102,981 | 110,519 |
| Total operating expenses | 736,579 | 643,159 | 570,344 |
| Loss from operations | (42,441) | (76,534) | (94,527) |
| Interest income | 34,153 | 39,395 | 25,882 |
| Interest expense | (12,777) | (12,865) | (53,639) |
| Other (expense) income, net | (1,350) | 563 | (1,814) |
| Loss before provision for income taxes | (22,415) | (49,441) | (124,098) |
| Provision for income taxes | 3,754 | 5,601 | 3,427 |
| Net loss | $(26,169) | $(55,042) | $(127,525) |
| Net loss per common share: | |||
| Basic and diluted | $(0.47) | $(0.99) | $(2.36) |
| Weighted-average common shares outstanding - basic and diluted | 56,272,517 | 55,355,381 | 54,099,757 |
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