Workiva (NYSE:WK) Releases Quarterly Earnings Results

Workiva (NYSE:WK) issued its quarterly earnings data on Thursday. The software maker reported $0.78 earnings per share for the quarter, beating the consensus estimate of $0.68 by $0.10, FiscalAI reports. The company had revenue of $238.94 million during the quarter, compared to the consensus estimate of $235.13 million. Workiva’s revenue for the quarter was up 19.5% compared to the same quarter last year. During the same period in the previous year, the company earned $0.35 earnings per share. Workiva updated its FY 2026 guidance to 2.660-2.760 EPS and its Q1 2026 guidance to 0.640-0.670 EPS.

Here are the key takeaways from Workiva’s conference call:

• Workiva reported Q4 subscription revenue +21% and total revenue +20%, and full‑year subscription revenue +22% (FY total +20%), beating the high end of guidance for both periods.
• Profitability accelerated: Q4 non‑GAAP operating margin was 19.1% (a material beat), full‑year non‑GAAP margin was 9.9%, and management guides 2026 operating margin to 15–15.5% while expecting GAAP profitability in 2026.
• AI is embedded into the core platform (about 30% of customers have enabled AI); new AI features for data, GRC evidence ingestion, and financial reporting are in premium tiers and are expected to be monetized.
• Commercial momentum is broad‑based with multiple multi‑six‑ and seven‑figure new logos and expansions across financial services, GRC and sustainability, plus growth in large contracts (contracts >$100K up 22%, >$300K up 42%).
• Q4 IPO activity softened versus Q3 and management warns capital markets demand is macro‑dependent; sustainability demand also moderated in 2025, introducing potential headwinds for related solutions.

Workiva Stock Up 3.7%

NYSE:WK opened at $61.43 on Friday. The firm has a market capitalization of $3.45 billion, a PE ratio of -127.97 and a beta of 0.62. Workiva has a twelve month low of $56.06 and a twelve month high of $97.10. The stock’s 50-day simple moving average is $79.54 and its 200 day simple moving average is $82.81.

More Workiva News

Here are the key news stories impacting Workiva this week:

• Positive Sentiment: Q4 results beat consensus — EPS $0.78 vs $0.68 and revenue $238.9M, with revenue up ~19.5% year-over-year; management described accelerated growth and profitability. Workiva Announces Fourth Quarter and Full Year 2025 Financial Results
• Positive Sentiment: Management issued very strong guidance: Q1‑2026 EPS 0.640–0.670 (well above consensus) and FY‑2026 EPS 2.660–2.760, signaling confidence in subscription momentum and margin leverage. Workiva Q4 earnings & guidance (MarketBeat)
• Positive Sentiment: Board approved a $250 million share repurchase program (about 7.7% of shares outstanding), which supports buybacks as a near-term demand for shares and signals the board views valuation as attractive. RTT News — Stock Buybacks
• Positive Sentiment: Company expects ~19% subscription revenue growth in 2026, citing AI adoption and increased multi‑product sales as drivers — suggests top-line durability and product-led expansion. Workiva expects 19% subscription revenue growth (Seeking Alpha)
• Neutral Sentiment: Several firms reiterated buy/outperform ratings even as they adjusted models — that keeps institutional sentiment broadly constructive but shows analysts are recalibrating targets vs. prior estimates. Truist/analyst note (The Fly)
• Negative Sentiment: Multiple price-target cuts (e.g., BTIG 105→90, Truist 110→90, BMO 92→83) reduce modeled upside and indicate some analyst caution on valuation and near-term multiple expansion. BTIG price-target cut (The Fly) Truist price-target cut (The Fly)

Analyst Ratings Changes

Several equities analysts have recently commented on the company. Truist Financial reaffirmed a “buy” rating and issued a $90.00 target price (down previously from $110.00) on shares of Workiva in a research report on Friday. Raymond James Financial reiterated an “outperform” rating and set a $105.00 price objective on shares of Workiva in a research report on Wednesday, December 10th. Stephens set a $90.00 price target on shares of Workiva in a research note on Friday. BTIG Research dropped their price objective on shares of Workiva from $105.00 to $90.00 and set a “buy” rating for the company in a research note on Friday. Finally, Stifel Nicolaus decreased their target price on shares of Workiva from $98.00 to $79.00 and set a “buy” rating on the stock in a research report on Friday. Eleven equities research analysts have rated the stock with a Buy rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $95.38.

Workiva announced that its board has authorized a stock repurchase plan on Monday, February 16th that allows the company to repurchase $250.00 million in outstanding shares. This repurchase authorization allows the software maker to purchase up to 7.7% of its shares through open market purchases. Shares repurchase plans are typically a sign that the company’s leadership believes its stock is undervalued.

Hedge Funds Weigh In On Workiva

Institutional investors have recently added to or reduced their stakes in the stock. Caitong International Asset Management Co. Ltd acquired a new stake in Workiva in the fourth quarter valued at approximately $26,000. Quarry LP lifted its stake in shares of Workiva by 396.3% in the 4th quarter. Quarry LP now owns 407 shares of the software maker’s stock valued at $35,000 after acquiring an additional 325 shares during the last quarter. Allworth Financial LP lifted its stake in shares of Workiva by 82.3% in the 3rd quarter. Allworth Financial LP now owns 412 shares of the software maker’s stock valued at $35,000 after acquiring an additional 186 shares during the last quarter. Kestra Advisory Services LLC acquired a new stake in shares of Workiva during the 4th quarter valued at $93,000. Finally, Smartleaf Asset Management LLC grew its position in Workiva by 40.8% during the 4th quarter. Smartleaf Asset Management LLC now owns 1,797 shares of the software maker’s stock worth $155,000 after acquiring an additional 521 shares during the last quarter. 92.21% of the stock is currently owned by institutional investors and hedge funds.

About Workiva

Workiva, originally founded as WebFilings in 2008, delivers a cloud-native platform designed to streamline and connect data, documents and teams for reporting and compliance. Its flagship Workiva platform supports a range of applications including financial reporting, regulatory filings, internal controls documentation, risk management and environmental, social and governance (ESG) disclosures. By centralizing data and automating workflows, the company helps organizations improve accuracy, transparency and auditability across critical reporting processes.

The Workiva platform offers modular solutions that integrate with existing enterprise systems and data sources.