Workiva (NYSE:WK) Posts Quarterly Earnings Results

Workiva (NYSE:WK) posted its quarterly earnings data on Thursday. The software maker reported $0.72 EPS for the quarter, missing analysts’ consensus estimates of $0.80 by ($0.08), FiscalAI reports. Workiva had a net margin of 4.87% and a negative return on equity of 140.17%. The business had revenue of $262.96 million during the quarter, compared to analyst estimates of $261.37 million. During the same quarter in the prior year, the firm posted $0.55 earnings per share. The company’s revenue for the quarter was up 17.3% compared to the same quarter last year.

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

• Workiva reported Q3 revenue of $263 million, up 17% year over year, beating the high end of guidance. Non-GAAP operating margin reached 18.3%, expanding 560 basis points year over year.
• Large-customer growth remained strong: contracts above $300,000 annually rose 31%, while those above $500,000 rose 20%. Gross retention was 97%, and multi-solution customers accounted for 77% of subscription revenue.
• The company launched Agent Studio, automated GRC testing, and new regulatory offerings, and highlighted customer wins involving its agentic solutions. Management sees AI as an opportunity to expand the platform’s role in complex, high-stakes reporting and compliance work.
• Management said prior sustainability and foreign-exchange tailwinds have faded, with FX now a modest headwind, contributing to a more measured Q4 outlook. Full-year revenue guidance is $1.041 billion–$1.044 billion, while subscription revenue growth is expected to be approximately 19%.
• Workiva raised its full-year non-GAAP operating margin outlook to 18.2%–18.3%, and continues to expect a free cash flow margin of about 21%. Management said the company remains on track with its 2026 plan and confident in its longer-term targets.

Workiva Stock Performance

NYSE:WK traded down $12.67 during mid-day trading on Friday, hitting $72.83. 2,535,831 shares of the stock were exchanged, compared to its average volume of 860,844. Workiva has a fifty-two week low of $43.34 and a fifty-two week high of $95.00. The stock has a market capitalization of $4.09 billion, a price-to-earnings ratio of 65.03 and a beta of 0.46. The firm’s 50-day simple moving average is $75.83 and its 200 day simple moving average is $63.07.

Insider Buying and Selling at Workiva

In related news, EVP Brandon Ziegler sold 6,571 shares of Workiva stock in a transaction that occurred on Thursday, August 20th. The shares were sold at an average price of $75.97, for a total value of $499,198.87. Following the sale, the executive vice president owned 126,216 shares of the company’s stock, valued at approximately $9,588,629.52. The trade was a 4.95% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 4.77% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several research firms have issued reports on WK. UBS Group set a $70.00 price target on shares of Workiva in a research report on Wednesday, August 5th. Wall Street Zen upgraded Workiva from a “buy” rating to a “strong-buy” rating in a research report on Sunday, October 18th. BTIG Research set a $85.00 price target on Workiva in a report on Wednesday, September 16th. Citigroup reiterated a “buy” rating on shares of Workiva in a report on Thursday, August 6th. Finally, Robert W. Baird boosted their price objective on shares of Workiva from $95.00 to $105.00 and gave the stock an “outperform” rating in a research note on Wednesday, September 16th. Nine research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $87.00.

Key Headlines Impacting Workiva

Here are the key news stories impacting Workiva this week:

• Positive Sentiment: Third-quarter revenue rose 17.3% year over year to $262.96 million, topping analysts’ $261.37 million estimate. Quarterly results
• Neutral Sentiment: Coverage highlighted Workiva’s AI expansion, while noting moderating business tailwinds; the available reports do not quantify the potential financial contribution from AI. Q3 deep dive
• Negative Sentiment: Q3 EPS was $0.72, below the roughly $0.79–$0.80 consensus, despite increasing from $0.55 a year earlier. The earnings shortfall is a likely drag on sentiment. Q3 earnings miss
• Negative Sentiment: Workiva’s Q4 EPS outlook of $0.78–$0.80 is below the $0.92 consensus, and its $275 million–$278 million revenue range is just shy of the $278.1 million estimate. Full-year EPS guidance of $2.80–$2.83 also trails the $2.95 consensus, putting the outlook at the center of investor concern. Why shares are falling

About Workiva

Workiva Inc (NYSE: WK) provides cloud-based software designed to help organizations manage reporting, compliance, risk and other complex business processes. Its platform connects financial, operational and environmental, social and governance (ESG) data so teams can collaborate on information used for internal and external reporting.

The company’s products support financial reporting, regulatory filings, audit and compliance workflows, investor communications, and sustainability reporting.