Workiva (WK) | Financial Analysis & Statements
Financial Overview
Latest Annual: 2024Income Metrics
Revenue
738.7M
Gross Profit
566.6M
76.71%
Operating Income
-76.5M
-10.36%
Net Income
-55.0M
-7.45%
EPS (Diluted)
-$0.99
Balance Sheet Metrics
Total Assets
1.4B
Total Liabilities
1.4B
Shareholders Equity
-41.7M
Cash Flow Metrics
Operating Cash Flow
77.6M
Free Cash Flow
86.2M
Revenue & Profitability Trend
Workiva Income Statement From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Revenue | 738.7M | 630.0M | 537.9M | 443.3M | 351.6M |
| Cost of Goods Sold | 172.1M | 154.2M | 129.9M | 103.8M | 90.2M |
| Gross Profit | 566.6M | 475.8M | 408.0M | 339.5M | 261.4M |
| Operating Expenses | 643.2M | 570.3M | 496.8M | 368.8M | 299.2M |
| Operating Income | -76.5M | -94.5M | -88.8M | -29.4M | -37.8M |
| Pre-tax Income | -49.4M | -124.1M | -89.0M | -39.1M | -48.7M |
| Income Tax | 5.6M | 3.4M | 1.9M | -1.4M | -291.0K |
| Net Income | -55.0M | -127.5M | -90.9M | -37.7M | -48.4M |
| EPS (Diluted) | -$0.99 | -$2.36 | -$1.72 | -$0.74 | -$1.00 |
Income Statement Trend
Workiva Balance Sheet From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Assets | |||||
| Current Assets | 1.0B | 1.0B | 600.1M | 657.1M | 633.1M |
| Non-Current Assets | 320.2M | 209.9M | 219.5M | 129.7M | 73.9M |
| Total Assets | 1.4B | 1.2B | 819.6M | 786.8M | 707.0M |
| Liabilities | |||||
| Current Liabilities | 592.4M | 484.5M | 406.9M | 646.5M | 281.8M |
| Non-Current Liabilities | 817.7M | 823.8M | 406.7M | 67.3M | 360.9M |
| Total Liabilities | 1.4B | 1.3B | 813.6M | 713.8M | 642.7M |
| Equity | |||||
| Total Shareholders Equity | -41.7M | -89.4M | 6.0M | 73.0M | 64.3M |
Balance Sheet Composition
Workiva Cash Flow Statement From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Net Income | -55.0M | -127.5M | -90.9M | -37.7M | -48.4M |
| Operating Cash Flow | 77.6M | 71.2M | 14.5M | 42.5M | 18.4M |
| Investing Activities | |||||
| Capital Expenditures | -1.4M | -2.1M | -3.5M | -3.5M | -1.9M |
| Investing Cash Flow | -45.1M | -357.0M | -67.9M | -68.4M | -103.5M |
| Financing Activities | |||||
| Dividends Paid | - | - | - | - | - |
| Financing Cash Flow | -12.0M | 284.3M | -14.1M | -28.8M | -15.3M |
| Free Cash Flow | 86.2M | 68.5M | 7.7M | 46.1M | 31.1M |
Cash Flow Trend
Workiva Key Financial Ratios
Valuation Ratios
P/E Ratio (TTM)
-65.83
Forward P/E
50.59
Price to Book
-48.32
Price to Sales
4.80
PEG Ratio
50.59
Profitability Ratios
Profit Margin
-8.41%
Operating Margin
-12.00%
Return on Equity
132.05%
Return on Assets
-3.94%
Financial Health
Current Ratio
1.78
Debt to Equity
-10.49
Beta
0.87
Per Share Data
EPS (TTM)
-$1.16
Book Value per Share
-$1.36
Revenue per Share
$13.82
Peer Financial Comparison
| Company | Market Cap | P/E Ratio | P/B Ratio | ROE | Profit Margin | Debt/Equity |
|---|---|---|---|---|---|---|
| wk | 3.7B | -65.83 | -48.32 | 132.05% | -8.41% | -10.49 |
| Salesforce | 251.8B | 41.22 | 4.16 | 10.31% | 16.08% | 19.81 |
| Intuit | 211.8B | 61.82 | 10.53 | 17.84% | 19.07% | 0.35 |
| Qxo | 14.1B | 21.67 | 2.19 | 1.44% | 65.40% | 0.01 |
| Descartes Systems | 8.7B | 61.07 | 5.95 | 10.66% | 21.67% | 0.55 |
| Altair Engineering | 9.6B | 699.06 | 11.17 | 1.81% | 2.13% | 30.23 |
Financial data is updated regularly. All figures are in the company's reporting currency.