Workiva Inc. Earnings Recaps
Q1 2026
May 8, 2026
Shares fell sharply by 8.9% as investors reacted negatively to an unexpectedly cautious outlook and signs of deceleration in key contract growth metrics, despite reported revenue and margin beats.
Key takeaways
- Revenue grew 20% year-over-year, beating the high end of guidance, driven primarily by 21% subscription growth.
- Non-GAAP operating margin exceeded 18%, representing a 240 basis point beat on guidance and a substantial 1,600 basis point improvement from last year.
- Large contract cohorts showed strength, with contracts above $300,000 and $500,000 increasing 38% and 39% respectively year-over-year.
- Multiple new and expansion deals highlighted ongoing demand in regulatory, financial, and sustainability reporting solutions, supported by partnerships with Big 4 firms.
- Despite these positives, market reaction suggests concern over guidance tone, potential deceleration, or margin sustainability not fully captured by reported figures.
Q3 2025
Nov 6, 2025
Workiva's Q3 2025 results reflect robust growth, beating revenue expectations with a 23% increase in subscription revenue and strengthening their financial outlook for the year.
Key takeaways
- Subscription revenue increased by 23% year-over-year, while total revenue grew by 21%.
- Contracts valued over $100,000 grew by 23%, with contracts over $500,000 increasing by 42%.
- Non-GAAP operating margin reached 12.7%, exceeding previous guidance by 470 basis points.
- The company raised its full-year revenue and margin guidance, signaling confidence in durable growth and operational improvements.
- Significant contract wins demonstrate increased customer investment across various sectors, highlighting the effectiveness of Workiva's unified solutions.