Workiva Inc.
WKUSWorkiva Inc. is a global provider of cloud-based software solutions designed to streamline and manage compliance and regulatory reporting. Its flagship offering, the Workiva platform, delivers a suite of advanced capabilities such as secure collaboration, robust data linking and integration, precise granular permissions, efficient process management, and comprehensive audit trails. This platform empowers users to centralize data from various sources, including enterprise resource planning (ERP), governance, risk, and compliance (GRC), human capital management (HCM), customer relationship management (CRM) systems, and numerous other third-party cloud-based or on-premise applications. Workiva serves a diverse clientele that spans public and private companies, governmental organizations, and academic institutions. The company was established in 2008 and is headquartered in Ames, Iowa.
Enterprise value over trailing (LTM) vs. forward (NTM) fundamentals. Click an LTM cell to chart it.
- Sector
- Application Software
- Sub-sector
- Finance, ERP & Procurement Applications
- Listing
- WK
- Country
- US
Annual financials & analyst forecasts
| $M | CY2021 | CY2022 | CY2023 | CY2024 | CY2025 | CY2026E | CY2027E |
|---|---|---|---|---|---|---|---|
| Revenue YoY | — | 21% | 17% | 17% | 20% | 17% | 15% |
| Revenue | $443M | $538M | $630M | $739M | $885M | $1.04B | $1.20B |
| Gross Profit | $339M | $408M | $476M | $567M | $694M | — | — |
| Gross Profit Margin | 76.6% | 75.9% | 75.5% | 76.7% | 78.5% | — | — |
| EBITDA | ($20M) | ($73M) | ($59M) | ($26M) | ($5M) | $92M | $107M |
| EBITDA Margin | -4.5% | -13.5% | -9.4% | -3.5% | -0.6% | 8.9% | 8.9% |
| EBIT | ($29M) | ($89M) | ($95M) | ($77M) | ($42M) | $81M | $93M |
| Net Income | ($38M) | ($91M) | ($128M) | ($55M) | ($26M) | $164M | $197M |
| Free Cash Flow | $46M | $8M | $69M | $86M | $138M | — | — |
| FCF Margin | 10.4% | 1.4% | 10.9% | 11.7% | 15.6% | — | — |
| Short-Term Debt | $299M | $0M | $0M | $0M | $77M | — | — |
| Long-Term Debt | $0M | $340M | $762M | $765M | $707M | — | — |
| Cash & Cash Equivalents | $300M | $240M | $256M | $302M | $339M | — | — |
| Net Debt | ($2M) | $100M | $506M | $463M | $445M | — | — |
| Net Debt / EBITDA | — | — | — | — | — | — | — |
| Rule of 40 | — | 22.8% | 28.0% | 28.9% | 35.3% | — | — |