WK Q1 2022 Earnings — Workiva Inc. Revenue & Financial Results | Market Cap Arena

WKWorkiva Inc.

$4B

Q1 2022 Earnings

Technology Software - Application

Income Statement

Revenue

$130M+24.4% YoY

Gross Profit

$99M76.2% margin

Operating Income

-$17M-13.2% margin

Net Income

-$18M-14.3% margin

EPS (Diluted)

$-0.35

QoQ Revenue Growth

+7.4%

Cash Flow

Operating Cash Flow

-$937,000

Free Cash Flow

-$2M

Stock-Based Comp.

$15M

Balance Sheet

Total Assets

$770M

Total Liabilities

$745M

Stockholders' Equity

$25M

Cash & Equivalents

$303M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$130M	$104M	+24.4%
Gross Profit	$99M	$81M	+22.7%
Operating Income	-$17M	-$4M	-314.5%
Net Income	-$18M	-$7M	-152.5%

Revenue Segments

License and Service

$107M83%

XBRL Professional Services

$18M14%

Other Services

$5M4%