Reports Q2 revenue $215.19M, consensus $208.91M. Workiva (WK) had 6,497 customers as of June 30, 2025, a net increase of 320 customers from June 30, 2024. As of June 30, 2025, Workiva’s gross retention rate was 97%, and the net retention rate was 114%. Net retention includes changes in both solutions and pricing for existing customers. “We delivered another quarter of solid financial performance, powered by the continued demand for our broad portfolio of solutions and unified platform,” said Julie Iskow, President & Chief Executive Officer. “Our business results and guidance raise reflects continued execution on our strategy and a more disciplined approach to margin expansion.” “Our second quarter results demonstrate the durability of our business as we beat the high end of guidance for both revenue and operating margin,” said Jill Klindt, Chief Financial Officer. “Subscription revenue grew by 23%, and contracts valued over $500 thousand dollars were up 35% year-over-year.”
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