Workiva Inc. (WK)
NYSE:WK
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Earnings Data
Report Date
Jul 30, 2026After Close (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
0.64Last Year’s EPS
0.19Same Quarter Last Year
Strong Buy
Based on 7 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call conveyed strong top-line growth, durable recurring revenue, substantial margin expansion and accelerating product innovation (notably AI agents), alongside broad enterprise wins and improving go-to-market execution. Near-term conservatism in Q2 guidance, an expected Q2 margin step-down, invoice timing volatility affecting billings, and flat services revenue are manageable short-term headwinds. Overall, the positives (revenue beats, retention, large-contract expansion, margin improvements and raised full-year margin and FCF outlook) materially outweigh the modest near-term concerns.Company Guidance
Revenue Beat and Growth
Q1 total revenue of $247M, up 20% year-over-year, beating the high end of guidance by $1M; subscription revenue $225M, up 21% YoY.
Strong Profitability and Margin Expansion
Q1 non-GAAP operating margin of 18.4%, a 240 basis point beat versus the high end of guide and a 1,600 basis point improvement year-over-year.
Recurring Revenue Visibility
Current remaining performance obligations (cRPO) of $765M, up 20% YoY, reflecting predictable revenue to be recognized over the next 12 months.
Customer and Retention Strength
6,665 customers (up 280 YoY); gross retention 97% (above 96% target); net retention rate 112% (vs 110% in Q1 2025).
Large-Contract Cohort Expansion
Contracts >$100k totaled 2,575 (up 24% YoY); contracts >$300k totaled 605 (up 38% YoY); contracts >$500k totaled 265 (up 39% YoY).
Product and AI Innovation
Launched multiple AI-driven capabilities (Flowchart Visualizer, enhanced GRC agents, sustainability AI agent, internal tie-out agents) to automate controls, disclosures and data consistency.
Capital Allocation and Liquidity
Cash, cash equivalents and marketable securities of $863M; repurchased 763,000 shares for $50M in the quarter with $228M remaining on a $350M program—supports return of capital while investing in growth.
Raised Full-Year Margin and Free Cash Flow Outlook
Full-year 2026 non-GAAP operating margin guidance raised 100 bps to 16.0%–16.5%; free cash flow margin outlook raised by 100 bps to ~20% while maintaining full-year revenue guide of $1.037B–$1.041B and subscription revenue growth ~19%.
Broad-Based Enterprise Wins
Multiple mid- to multi-6-figure new logos and expansions across ESEF, SEC, sustainability, multi-entity reporting and GRC, including large financial services, logistics and biotech customers; notable capital markets customer doubled spend via expansion.
Go-to-Market and Organizational Progress
Ongoing GTM restructuring (new CRO) and reported shorter sales cycles and higher-quality enterprise, multi-solution deal activity supporting scale toward $1B+ revenue.
WK Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
WK Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 05, 2026 | $55.41 | $51.53 | -7.00% |
Feb 19, 2026 | $59.26 | $61.43 | +3.66% |
Nov 05, 2025 | $82.11 | $86.91 | +5.85% |
Jul 31, 2025 | $63.83 | $84.30 | +32.07% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Workiva Inc. (WK) report earnings?
Workiva Inc. (WK) is schdueled to report earning on Jul 30, 2026, After Close (Confirmed).
What is Workiva Inc. (WK) earnings time?
Workiva Inc. (WK) earnings time is at Jul 30, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is WK EPS forecast?
WK EPS forecast for the fiscal quarter 2026 (Q2) is 0.64.